Issa Asad says Stephen Wynn of Wynn Resorts is the number 5 CEO in the world.
Who are the top CEOs of the world? This the 5th of Issa Asad’s mini-series chronicling the top 10 CEOs of the world. Number 5, according to Mr. Asad, is Stephen Wynn, the CEO of Wynn Resorts.
“Wynn stands among the many CEOs who have managed to hold a very high profile in the business front,” says Asad, who is also a CEO of 2 companies located in South Florida, including Q Link Wireless and Quadrant Holdings. This is the top CEOs of the world number 5: Stephen Wynn of Wynn Resorts.
Who is Stephen Wynn?
Stephen Wynn, mostly known as Steve Wynn, has been the CEO for Wynn Resorts for a while. Wynn Resorts is a group of resorts that major in the hotel and casino industry. Wynn was born in 1942 and since his early age, he has been a shining star in the business front. Soon after he ventured into his career, Wynn made landmark developments including the establishment of key hotels in the U.S. This was even before he became the CEO of Wynn Resorts.
What is Wynn Resorts?
Wynn Resorts specializes in the hotel and casino industry and has a number of establishments not only in Nevada but in other U.S cities as well. Wynn Resorts was established back in 2002 after Stephen Wynn sparked the idea. Before pioneering Wynn Resorts, Stephen was the CEO of Mirage Resorts and this is where he sourced his idea of establishing his own corporation in that line.
So far, Wynn Resorts has four establishments that operate under the same brand. They include:
- Encore at Wynn Las Vegas, located in the Las Vegas Strip, Nevada. The branch was established back in December 2008.
- Encore at Wynn, Macau, opened on April 2010 and situated in Macau.
- Wynn Macau Resort, located in Macau. The resort was established in September 2006.
- Wynn Las Vegas Resort & Country Club, located in the Las Vegas Strip and established in April 2005.
How Has Stephen Wynn Led Wynn Resorts?
The leadership of Wynn in Wynn resorts can only be termed exemplary. One of the reasons why Wynn managed to appear in the list of best CEOs in the world is his style of management and company leadership. It is important to note that Wynn was the former CEO of Mirage Resorts. It is from his previous leadership that his current expertise was cultivated.
Wynn has seen the growth of Wynn Resorts take a tremendous rise. Back in 2002, the company only had one establishment (currently Wynn Resorts’ headquarters). However, in a span of 4 years, Wynn spearheaded the establishment of another branch. The speed at which Wynn Resort has grown is a clear reflection of Wynn’s capabilities. Back in 2013 alone, the company registered a net profit of $1.004 Billion. The total value of assets in Wynn Resorts stands at $8.377 Billion. It is speculated that the earnings generated by this company will escalate even more in the years to come.
