Last year was good for Wynn Resorts Ltd and that means 2016 was a good year for its boss, Steve Wynn. He was rewarded with a $25 million payday. Half in stock that he immediately sold and the other half in cash.
Wynn stock rose over 25% during the year, doubling the performance of the Standard & Poor’s 500 Index. Steve Wynn currently owns 12.1 million shares in Wynn Resorts currently valued at $1.12 Billion and that equals about 11% of the company.
Image: Tom Donoghue