Elaine Farrell Wynn (Pascal), born on April 28, 1942, in New York City, was a pioneering American businesswoman, philanthropist, and art collector who played a pivotal role in shaping modern Las Vegas. She passed away on April 14, 2025, at the age of 82, leaving behind a legacy that transformed the casino industry and championed education and the arts.
Casino Industry Trailblazer
Elaine co-founded Mirage Resorts in 1973 and Wynn Resorts in 2002 alongside her former husband, Steve Wynn. Together, they were instrumental in developing iconic Las Vegas landmarks such as The Mirage, Treasure Island, Bellagio, Wynn Las Vegas, and Encore. Elaine’s influence extended beyond business operations; she was known for her impeccable taste and attention to detail, contributing to the luxurious aesthetics of these resorts. Notably, she commissioned Dale Chihuly’s “Fiori di Como,” the stunning glass flower installation in the Bellagio lobby.
After her divorce from Steve Wynn in 2010, Elaine became the largest individual shareholder of Wynn Resorts. She remained committed to upholding the company’s integrity and reputation, especially during challenging times.
Advocate for Education and the Arts
Elaine’s philanthropic endeavors were as impactful as her business achievements. She served on the Nevada State Board of Education from 2012 to 2020, holding the position of president in 2015 and 2017. Her dedication to education was further exemplified through her role as a trustee of the Elaine P. Wynn & Family Foundation, which supports various educational initiatives.
In the arts, Elaine was a significant benefactor. As co-chair of the Los Angeles County Museum of Art (LACMA), she pledged a $50 million donation in 2016 to aid in the construction of a new permanent collection space.
Art Collector and Cultural Patron
Elaine’s passion for art was evident in her personal collection and public contributions. She made headlines as the buyer of a $142 million painting, reflecting her commitment to supporting the arts. Her influence is also seen in the artistic elements of the resorts she helped develop, blending luxury with cultural sophistication.
Legacy and Net Worth
At the time of her passing, Elaine Wynn’s net worth was estimated at $2.1 billion, making her one of the wealthiest individuals in Nevada. Her financial success was matched by her philanthropic generosity, leaving an indelible mark on both the business world and the communities she served.
Elaine Wynn’s life was a testament to visionary leadership, cultural patronage, and unwavering commitment to education and the arts. Her legacy continues to inspire and influence future generations.
