Tag Archives: Steve and Elaine Wynn’s divorce

Wynn’s Lace Up Sparing Gloves

Steve Wynn and wife Elaine have selected their lawyers for their divorce battle.   In Elaine’s corner will be lawyer Don Schiller, who represented Juanita Jordan in her divorce from NBA icon Michael Jordan. 

In Steve’s corner will be attorney James Jimmerson, who handled Wayne Newton’s divorce and Mike Tyson’s bid to regain his boxing license.

With Forbes magazine announcing this week in its annual ranking of billionaires that Steve Wynn’s worth is pegged at $1.5 billion, down from $3.9 billion a year ago, the trial will assuredly provide the backdrop for one of the biggest divorce settlements in U.S. history. 

Chicago-based Schiller won a $168 million settlement for Juanita, which was ranked by Forbes magazine as “the most expensive in entertainment history.”

But Steve Wynn, who filed for divorce from Elaine on March 5, now reportedly being in love with British divorcee and socialite Andrea Danenza Hissom, will probably give up more than that.  The split is thought not be an amicable one.

In comparison, like billionaire Rupert Murdoch coughed up $1.2 billion in assets to former wife, Anna.

This has lead some to believe that the Wynn’s will eventually settle by splitting up the two huge Las Vegas casino-hotels – Wynn Las Vegas and Encore -that they opened in the past five years, renaming them Steve’s and Elaine’s.

Leave a comment

Filed under Las Vegas, news, Uncategorized

Steve Wynn Calls it Quits

Las Vegas Backstage Access has been covering this story since the inception and has now confirmed that the Las Vegas casino mogul Steve Wynn’s marriage is all but over- for the second time.  A divorce petition was filed in Clark County Court in Las Vegas on March 5. steveelainewynn

On the surface, everything appeared good.  The Wynn’s celebrated the gala opening in late December of his newest $2.3 billion, 2,034-room casino gem, Encore Las Vegas.   Then, in January, Harry Connick Jr. was in Las Vegas and partied hearty with Steve and Elaine Wynn, serenading them with such memorable Frank Sinatra songs as, “Luck Be A Lady,” and “Here’s to the Losers” during Wynn’s 67th birthday celebration in Las Vegas. 

But during these gala and festive times, details largely hidden from prying eyes, the founder, chairman, and CEO of Wynn Resorts marriage to his wife, Elaine, was already on the rocks- Steve was in the midst of separating from his wife, a former Miss Miami Beach in 1960, and significant contributor to Wynn’s enterprises.

Wynn’s roving eye attracted British socialite Andrea Danenza Hissom, a 40-something divorced mother of two teenage sons, who was married to London-based investment broker Robert Davis Hissom.  It was the best of times- and the worst to times. The lovebirds were spotted in the posh Swiss ski resort of St. Moritz and also enjoying the sun’s rays while rendezvousing on Wynn’s yacht on the Carribean island of St. Bart’s. 

Meanwhile, Elaine kept a stuff upper lip, denying divorce rumors at all turns. 

Steve Wynn married Elaine in 1963 and they divorced in 1986, but married again in 1991. They have two children.

Hardship and controversy is no stranger to the Wynn’s.  Steve and Elaine Wynn were also victims of a kidnapping – one of their daughters was taken for ransom in 1993. She was returned after the Wynn’s paid $1.45 million to the kidnappers.  The culprits were later caught when they tried to buy a Ferrari with the moola. 

Wynn’s fortune was estimated at around $3.9 billion before our economy tanked.

Leave a comment

Filed under Las Vegas, news, Uncategorized