Steve Wynn facts
While investigating facts about Steve Wynn Net Worth and Steve Wynn Wife, I found out little known, but curios details like:
In 2006 casino mogul Steve Wynn was set to conduct the largest art transaction in history by selling Picasso's Le Rêve for $139 million. The day before the transaction was set to take place Wynn accidentally stuck his elbow through the painting.
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Steve Wynn bought a Picasso for 45 Million in 1997, accidentally put his elbow through it causing over $90,000 in damages. This story added value to the painting and was sold for 155 Million in 2013.
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Joe Francis, producer of Girls Gone Wild, was ordered to pay Steve Wynn, the casino magnate, $19M for saying Wynn threatened to kill him over a gambling debt.
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Steve Wynn once put his arm through a $139MM Picasso Painting as he was selling it. Costing $90M in repairs and losing its value by $60MM.
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Joe Francis, founder and CEO of Girls Gone Wild, filed bankruptcy and fled the US to Mexico in order to avoid paying an outstanding gambling debt to Steve Wynn and the subsequent arrest warrant for failure to pay. He has yet to return.
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Steve Wynn elbowed a hole through a real Picasso he paid $48 million for, just before he was about to resell it $139 million.
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Steve Wynn's father died when he was 21 year old from heart problems, leaving him with a $350,000 gaming debt. Steve Wynn grew up to be one of the most successful casino owners in Las Vegas and Atlantic City.
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In 1993 Las Vegas casino mogul Steve Wynn paid kidnapper Ray Marion Cuddy $1.45 million in $100 bills for the return of his daughter. Cuddy was caught soon after trying to buy a Ferrari Testarossa with $100 bills.
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The day after he agreed to sell the painting Le Rêve for $139 million, Steve Wynn accidentally teared the painting with his forearm while showing it to some friends. At the time in 2006, this price would've made the painting the most expensive piece of art ever.
