315. Phil Ruf­fin

Forbes - - PROMOTION -

$2.6 billion  Self-made Score: * Source: casi­nos, real es­tate age: 82 res­i­dence: las ve­gas dropout, wi­chita State Ruf­fin dropped out of Wi­chita State in 1958 to run a ham­burger stand with his bud­dies. He invested the pro­ceeds in con­ve­nience stores, then strip malls, of­fice parks, ho­tels and even­tu­ally prop­er­ties along the Las Ve­gas Strip. He bought the New Fron­tier Ho­tel & Casino for $165 mil­lion in 1998 and flipped it to an Is­raeli in­vest­ment firm 9 years later for $1.2 billion, then picked up the Trea­sure Is­land casino for $775 mil­lion in 2009 dur­ing the fi­nan­cial cri­sis. To­day it’s his most valu­able hold­ing—well, aside from an­other im­mensely im­por­tant as­set: his close ties to Pres­i­dent Trump. Ruf­fin co-owns the Trump In­ter­na­tional Ho­tel Las Ve­gas with Trump and con­sid­ers him a close friend.

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