Posted on: December 9, 2024, 02:50h.
Last updated on: December 9, 2024, 03:07h.
Las Vegas is a place where some fortunes are made or broken in an instant. For a segment of the local population, however, it’s also a place where other fortunes are retained. And those would be the biggest fortunes of them all.
You won’t see the following billionaires gambling next to you at The Wynn — since billionaires and other celebrities stay, play and move around in a different Las Vegas than the rest of us — but they all own mansions in the Las Vegas area that they spend at least part of every year in.
By the way, having a mere billion and change no longer qualifies you to get on this list. The entry bar now requires multiple billions. So, sorry, David Copperfield and Robert Bigelow, but there are now a staggering 2,781 members of the 10-figure club in the world.
Casino.org compiled this list using the latest net worth estimates from Forbes.
10. William Foley II
2025 Net Worth: $2.1B
Source of Wealth: Insurance
World Rank: #1638
The only newcomer to this list, Foley, 79, amassed his fortune by founding Fidelity National Financial, one of the largest title insurance companies in the US, in 1984. Since then, his acquisitions, sales and spinoffs of public companies greatly expanded his wealth, as has owning the Vegas Golden Knights. The championship NHL team is why he moved to Las Vegas’ exclusive Summit Club community in 2016.
9. Elaine Wynn
2025 Net Worth: $2.1B
Source of Wealth: Casino Resorts
World Rank: #1604
Elaine Wynn co-founded Mirage Resorts in 1973 and Wynn Resorts in 2002 with her ex-husband, Steve Wynn. Steve stepped down as CEO amid sexual misconduct allegations in 2018, which he denied, sold all his company stock, and left Las Vegas. Elaine, 82, remains the largest individual shareholder of Wynn Resorts, but no longer sits on the board of directors due to company age policies.
8. Mark Davis
2025 Net Worth: $2.3B
Source of Wealth: Cheese, Football
World Rank: #1510
The owner of the NFL’s Las Vegas Raiders and the WNBA’s Las Vegas Aces moved to town along with his teams in 2018, building a $14M mansion in Henderson, Nev. Davis, 69, is the son of Al Davis, principal owner of the Raiders from 1972 until his 2011 death. Upon the elder Davis’s death, Mark — along with his mother, Carol Davis — inherited ownership of the Raiders with Mark taking over as operating head of the franchise.
7. William S. Boyd & Family
2025 Net Worth: $2.7B
Source of Wealth: Casino Resorts
World rank: #1281
William Boyd, 93, co-founded Boyd Gaming with his father, Sam Boyd, in 1975. The company operates 11 off-Strip casino hotels in Las Vegas. Boyd took over as CEO when his father died in 1993 and served in that position until 2008. He still serves as executive chair and owns 17% of the company.
6. Phil Ruffin
2025 Net Worth: $2.7B
Source of Wealth: Casino Resorts
World Rank: #1264
Phil Ruffin, 89, owns the Treasure Island and Circus Circus resorts on the Las Vegas Strip. He’s the half-owner of the Trump International Hotel, and he owns a collection of other casinos, hotels, greyhound racing tracks, and convenience stores. His net worth slipped $600M since our last Las Vegas billionaire ranking in 2023, and he dropped three notches from No. 3.
5. Frank Fertitta III
2025 Net worth: $3.2B
Source of Wealth: Mixed Martial Arts, Casino Resorts
World Rank #1113
Frank Fertitta III and his younger brother, Lorenzo, made the bulk of their fortune through mixed martial arts promoter UFC. The brothers, whose third cousin is fellow billionaire Tilman Fertitta, bought UFC for a measly $2 million in 2001 and sold it to WME-IMG in 2016 for a staggering $4 billion. They sold their remaining stakes in UFC in August 2017 for $5 billion. The Fertittas were raised in Las Vegas after their father, Frank Fertitta Jr., moved there from Texas with his wife in 1960. After the elder Fertitta retired in 1993, Frank III and Lorenzo led Station Casinos to its IPO, raising $294 million and becoming principal shareholders and co-founders of Station Casinos in the process. Since 2015, Frank, now 62, has served as CEO of Red Rock Resorts.
4. Lorenzo Fertitta
2025 Net Worth: $3.2B
Source of wealth: Mixed Martial Arts, Casino Resorts
World rank: #1107
The 55-year-old former chair and CEO of UFC has virtually the same net worth as his younger brother, having made and sold essentially the same investments. Yet Forbes ranks Lorenzo six slots wealthier on the world stage, which is probably a source of ribbing around the Thanksgiving table. He currently serves as vice chair of Red Rock Resorts.
3. Peggy & Andrew Cherng
2025 Net Worth: $4B
Source of Wealth: Fast Food
World Rank: #875
Andrew and Peggy Cherng co-founded Panda Express in 1982. Though the $3.5B Chinese-American fast food chain, which has more than 2,200 locations, is based in Rosemead, Calif., the couple spends at least part of every year in a Henderson, Nev. mansion they built in 2018. Since Casino.org‘s last Las Vegas billionaire ranking in 2023, the Cherngs have nearly doubled their net worth, making the biggest jump on this list, from No. 6 to No. 3, due to Panda Express’ explosive growth.
2. Nancy Walton Laurie
2025 Net Worth: $15.1B
Source of Wealth: Retail
World Rank: #148
An heir to the Walmart mega-fortune, Laurie, 73, is the younger daughter of Bud Walton, the brother and business partner of Walmart founder Sam Walton. Laurie and her husband, Bill Laurie, split their time primarily between their mansions in Henderson, Nev. and Bel Air, Calif. They also breed appaloosa horses on a farm in Columbia, Mo. Her fortune has also doubled in the past two years.
1. Miriam Adelson & family
2025 Net Worth: $36.3B
Source of Wealth: Casinos
World Rank: #49
Miriam Adelson, the widow of late Las Vegas Sands founder Sheldon Adelson, easily takes the prize at an estimated net worth of $36.3 billion, down $2 billion from two years ago.
Adelson, 79, is the majority owner of Las Vegas Sands and publisher of the Israel Hayom newspaper. Her family also owns the Las Vegas Review-Journal. The richest Israeli in the world, Adelson lives for at least part of every year in the home she and her late husband once shared in the Las Vegas suburb of Summerlin.
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