Casino mogul wants a fortune
Steve Wynn is eyeing a jackpot in Beverly Hills. The casino mogul, who stepped down as chief executive of Wynn Resorts in 2018 after accusations of sexual misconduct, just listed his extravagant showplace for $110 million.
That makes it the fourth-mostexpensive property currently up for grabs in L.A. County, according to the Multiple Listing Service.
If the billionaire gets his price, it will rank among the most expensive home sales in California history. The crown belongs — at least for now — to Jeff Bezos, who dropped $165 million on Beverly Hills’ famed Warner estate last year.
It would also be a giant return on investment for Wynn. He bought it from Guess jeans cofounder Maurice Marciano for $47.85 million in 2015 and expanded the home dramatically, adding about 8,000 square feet to the already colossal estate.
The mansion spans more than 27,000 square feet, which makes it the largest of his lavish, crosscountry collection of homes. Records show he also owns a 25,000square-foot retreat in Idaho, a 24,600-square-foot oceanfront mansion in Florida, a 13,500square-foot Mediterranean villa in Las Vegas and an 11,000-squarefoot penthouse in New York.
This one offers a more contemporary style. Accessed by a private gate on a cul-de-sac, the property sits on 2.7 acres with a main house, guesthouse, swimming pool, custom landscaped lawn and tennis court with a seating house. Terraces and patios hang off the back of the home, taking in views of the city below.
Inside, 11 bedrooms and 20 bathrooms are spread across three stories. In addition to the usual slew of chic living spaces, including a reception area and bar room, there are amenities such as a movie theater, wine cellar, gym, office and elevator.
Leonard Rabinowitz, Rick Hilton and Jack Friedkin of Hilton & Hyland hold the listing.
Wynn, 78, served as chief executive of Mirage Resorts before selling the company to MGM Grand Inc. and forming Wynn Resorts. In 2019, Wynn was ordered to pay a settlement of $20 million to Wynn Resorts. He has denied the allegations. Forbes puts his net worth at $3 billion.