Former casino mogul Steve Wynn is the latest billionaire to make a splash in the scandalous seaside city of Palm Beach, Fla.
The former chairman and CEO of Wynn Resorts, who resigned after multiple allegations of sexual misconduct in 2018, has purchased a 24,600-square-foot mansion a stone’s throw from the home of New England Patriots owner Robert Kraft.
Wynn paid $43 million through an LLC tied to Wynn Fine Art, according to the Real Deal. The oceanfront estate, at 1960 S. Ocean Blvd., is just a five-minute drive from President Trump’s Mar-a-Lago resort.
Last year, Wynn sold a lot at 1350 S. Ocean Blvd. for about $20 million. He was rumored to have made a play for the former estate of Broadway producer Terry Allen Kramer — at 1295 S. Ocean Blvd. — before settling on his new house.