Casino mogul Steve Wynn is betting on the luxury market, as he unloads $300 million in personal real estate

Casino mogul Steve Wynn is betting on the luxury market, as he unloads $300 million in personal real estate

Article brief provided by Mansion Global
  • Libertina Brandt and Katherine Clarke, Mansion Global
December 20, 2022 2:04 PM
  • Libertina Brandt and Katherine Clarke, Mansion Global

Casino mogul Steve Wynn is putting his Sun Valley, Idaho, homes on the market as he looks to sell a huge swath of his personal real estate for close to $300 million.

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Mr. Wynn is listing two adjacent Sun Valley properties for $27 million, after listing a Palm Beach residence for $78.5 million and a New York City penthouse for $90 million. In addition, a $100 million Beverly Hills, Calif., estate he listed last year is still on the market. He sold his Las Vegas, Nev., home for $17.5 million in June, records show.

Mr. Wynn, 80, is taking his chances on the luxury market at a time when it is faltering amid rising interest rates and economic uncertainty. He didn’t respond to a request for comment.