How Steve Wynn LOST $62,000,000 on One Mansion — Explained

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An Old Fashioned, some red lipstick and a black dress…sigh, there’s just something undeniable about a good ol’ classic. The beloved Vegas showgirl may be an endangered species these days (insert tear), but “VEGAS! THE SHOW” preserved those feather-clad beauties and the likes of an era when everything was flashier and dripping with sophistication. What’s that you ask? Can a show filled with gorgeous and talented women a la Rat Pack era really exist in the here and now? Oh yes my friend, it sure can and all we have to say is raise that curtain and let the good times roll. With a little song, a lot of dance and that certain sultry allure that only old timey Vegas could pull off, this is a trip down memory lane and, well, it’s pretty legit. The costumes are fun, funky, sexy and so real. Ok, well maybe not the candy-themed costumes but hell, their Sammy Davis Jr. sure had us pining for an autograph. For a city that was built on pure, raw talent and obviously dolla dolla bills, this show celebrates iconic moments from the city's rich entertainment history through the decades that made the Vegas we know and love today. And we’ll tip our top hats to that.
RockSinCity
Published
Steve Wynn's Beverly Hills palace "Villa Lulu" just sold for $47.75 million — $62.25 million below its $110 million asking price, and $100,000 less than he paid for it in 2015. After eleven years and millions in renovations, the casino billionaire took one of the biggest baths in mansion history. Here is every reason it happened — and what $66 million CAD buys on Toronto's Bridle Path instead.

0:00 The Sixty-Two Million Dollar Loss
0:32 The House
1:06 The Buy
1:32 The Renovation Trap
2:08 The Price Cut Parade
2:42 Why Nobody Bit
3:14 The Canada Comparison

Keywords: Steve Wynn mansion, Villa Lulu, Beverly Hills mansion sold, Steve Wynn $62 million loss, luxury mansion loss, Beverly Hills real estate 2026, mansion price cut, billionaire mansion, Bridle Path Toronto, Toronto luxury real estate, Canada luxury homes, mega mansion, luxury real estate, Mansions and Machines
Category
Steve Wynn
Tags
Steve Wynn, Villa Lulu, Steve Wynn mansion
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