pacomartin
pacomartin
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March 10th, 2010 at 5:20:11 PM permalink
the 2010 list of Billionaires has been released.
Gaming wealthy are:
Carl Icahn $10.5 billion
Sheldon Adelson $9.3 billion
Kirk Kerkorian $3.1 billion
Stanley Ho and family $2 billion
Phillip Ruffin $2 billion
Donald Trump $2 billion
Steve Wynn $1.6 billion

I believe that the only billionaires that live in Vegas that are not in gaming are"
Nancy Walton Laurie $2.7 billion

Poju Zabludowicz is never on the Forbes list (owns three of the downtown Las Vegas casinos), but he is regularly on the "Rich List" of the London Times. and is listed as being worth: £1,500,000. His father built a business around Soltam, an Israeli defence contractor. Most of the defence interests were sold and the family diversified.

Why hasn't Harrah's created a billionaire?


James J Murren has been CEO of MGM Mirage (MGM) for less than six months. Mr. Murren has been with the company for 11 years. The 47 year old executive ranks 1 within Hotels, Restaurants & Leisure
James J Murren's Compensation (04.22.2009)
Salary $1.50 mil
Bonus $4.74 mil
Other $0.35 mil
Stock Gains $22.25 mil

Gary W. Loveman Chairman, President, and CEO Harrah's Entertainment
2008 Total compensation: $39.6 million
Source: Equilar Inc.
gambler
gambler
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March 10th, 2010 at 5:43:13 PM permalink
While this is very interesting, I would like to see a list of billionaires who gamble in casinos.
teddys
teddys
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March 10th, 2010 at 6:01:15 PM permalink
Poju Zabludowicz (what a great name!) is an absentee (slum)lord!

Also, I believe you mean he is worth 1.5 billion pounds. 1.5 million would make him worth about as much as your average fully vested college professor.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
DJTeddyBear
DJTeddyBear
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March 10th, 2010 at 6:01:47 PM permalink
I remember reading a few years ago that Bill Gates plays Blackjack - at $5 tables.
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
pacomartin
pacomartin
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March 10th, 2010 at 10:14:39 PM permalink
Quote: teddys

Poju Zabludowicz (what a great name!) is an absentee (slum)lord!



Yes he is a slumlord. Since he purchased the Plaza, the Vegas Club, the Western, the Gold Spike in 2004, and many other empty lots downtown, he has done nothing significant except to sell the Gold Spike. And I did mean 1.5 billion pounds.

There are people who compare lists of billionaires. Poju has never been on the Forbes list despite making several other lists.
pacomartin
pacomartin
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June 23rd, 2012 at 1:23:16 AM permalink
Quote: pacomartin

the 2010 list of Billionaires has been released.
Gaming wealthy are:
Carl Icahn $10.5 billion
Sheldon Adelson $9.3 billion
Kirk Kerkorian $3.1 billion
Stanley Ho and family $2 billion
Phillip Ruffin $2 billion
Donald Trump $2 billion
Steve Wynn $1.6 billion

Why hasn't Harrah's created a billionaire?



The 2011 list of Billionaires was released by Forbes. They had a category called "gaming" which seems to include games for fun, and not just gambling.
One of the names on the list was Gabe Newel, who seems to make video games only.

Carl Icahn is still worth $14 billion, but Forbes has reclassified him under "leveraged buyouts" in the "investments" industry. Presumably because he has sold many of his casinos, or they are only a small percentage of his net worth.

Rank Name Net Worth Age Source Country of Citizenship
14 Sheldon Adelson $24.9 B 78 casinos United States
169 Kunio Busujima & family $5.9 B 86 gaming - pachinko Japan
178 Lui Che Woo $5.7 B 82 gaming-Galaxy Hong Kong
193 Johann Graf $5.3 B 65 gaming machines Novomatic Group Austria
314 Pansy Ho $3.5 B 49 gaming Hong Kong
344 Kirk Kerkorian $3.3 B 94 casinos, investments United States
344 Kim Jung-Ju & family $3.3 B 44 online gaming South Korea
367 Han Chang-Woo & family $3.1 B 81 gaming-Pachinko Japan
491 Steve Wynn $2.5 B 70 casinos, hotels United States
491 Hiroshi Yamauchi $2.5 B 84 Nintendo Japan
719 Kazuo Okada & family $1.8 B 69 gaming Japan
764 Angela Leong $1.7 B 51 gaming Hong Kong
854 Gabe Newell $1.5 B 49 Valve Corporation United States
913 Kim Tack-Jin $1.4 B 45 online gaming South Korea
1015 Teddy Sagi $1.2 B 40 Playtech Israel
1075 Hajime Satomi $1.1 B 70 gaming-pachinko Japan


I thought they classified Steve Wynn's ex wife as billionaire for a while. She is not on the list. Nobody who made their money from Ceasars Incorp., Boyd, Station Casinos, or Penn National Gaming. In the past they had created some billionaires.

I don't see anyone from Melco-PBL (PBL being the Australian company that Kerry Packer started).
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