Las Vegas Casino Owner Gives $2 Million to Local Residents -- Anonymously (But They Found Out Who He Was)
Steve Wynn Gives Las Vegas Residents Generous Gift
Las Vegas casino owner Steve Wynn is sharing his wealth with Las Vegas residents, gifting them with $2 million.
Wynn made an anonymous gift of $500 each to 4,000 Las Vegas families, later coming forward to admit his identity as the mysterious donor.
His donation was made to United Way of Southern Nevada, their largest donation to date, AP reports.
Bank gift cards in the amount of $500 were given to families around Christmas 2011, followed by 2,000 other families receiving the donation on Saturday.
Most of the families who received the gift only earn $16,000 or less yearly.
Single mom Shinoa Owens said of Wynn's gift, "That was really nice of him. I don't care how much he spent elsewhere. I am glad he shared some of it with me. Even if it was just $25. I am not a greedy grubber."
Las Vegas' unemployment rate is among the worst in the country, reportedly 11.6 in April, with one in every 285 homes in foreclosure.
Cass Palmer, president of United Way of Southern Nevada, said of Wynn's donation, "He's lived here a long time and just wanted to give something back to the community."
Other charitable Las Vegas titans include casino owner Sheldon Adelson and performer Wayne Newton, the Caesars Foundation, and Treasure Island casino owner Phil Ruffin, as well as Andre Agassi, who opened a school for at-risk kids in Las Vegas.