Las Vegas Sun

April 23, 2024

Billionaire Elaine Wynn delights in minutiae of education reform

End of the Year Business Round Table

Christopher DeVargas

Elaine Wynn, ex-wife of billionaire Steve Wynn, filed suit to lift divorce-related restrictions on the sale of her stock in Wynn Resorts. Fellow board members voted against nominating her for another term.

Elaine Wynn is one of the wealthiest women in the United States, has no school-aged children, and could be doing just about anything. But, instead of simply writing checks behind the scenes, she serves as the president of the Nevada State Board of Education, where she delights in the jargon and tedium of slow-burning education reform.

Her confidants include the likes of Warren Buffett, Maria Shriver, and Duke University’s Mike Krzyzewski. Her two daughters, now adults with their own kids, live in Los Angeles and attended private schools back in the day. She, too, makes Southern California her main residence outside Nevada, and has opulent homes in New York and Sun Valley as well as the apartment she keeps in Vegas.

“Many people ask, ‘Why is she doing this?’” says former Nevada Schools Superintendent Dale Erquiaga, now chief strategy officer to Nevada Gov. Brian Sandoval. “She really is one of a kind. There is no one else of her stature with both personal and financial means to effect change and who actually rolls up her sleeves and does this kind of work. She could be doing so many other things.”

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