America, America, America. We all know it as the land of the free, the home of the…billionaires? The country is booming with young entrepreneurs, but most of the wealth in the country is “old money”, which means it comes from families who have been rich down the line. However, these rich and influential families tend to be extremely secretive as well. Although we know of the Hiltons and the Kardashians, many wealthy clans prefer to stay out of the limelight altogether. Check out the 2019 list of America’s richest families!
The Wynns – $3.4B
There are only a handful of families that have both been catapulted to fame and then fallen from grace as spectacularly as the Wynn family. Steve Wynn, the patriarch, attained billionaire status in Las Vegas. He has been credited with the erection of the most famous casinos and hotels in the Strip. If the Mirage and the Bellagio sound familiar, he is the person behind them. After this success, he launched Wynn Resorts, his flagship company. This influential empire constructed numerous luxury hotels in different parts of the world. The company began to take on water when the shares began to hit record lows. It took some serious restructuring before profits rose to original heights.