Multi-billionaire casino tycoon Steve Wynn is selling his Bel Air mansion that he bought just six months ago for $65 million.
Variety says that this is not the first time the Las Vegas-based mogul has experienced a change of real estate heart.
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Variety is quoting a “number of sources” that say Wynn “put his eye on Liongate, an estate in Bel Air once owned by Kenny Rogers and later owned by Tinseltown scioness and philanthropist, Nancy Davis, who sold it in 2010 for $12.2 million to a European fitness center magnate who gave the place a complete overhaul and massive expansion “before it was put it up for sale in March 2014 at $65 million.”
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Liongate was eventually sold to another tycoon, Jim Randall, for $46.25 million — and finally settled on the Bel Air mansion he now no longer wants.
According to the Las Vegas Review-Journal, until the end of February, Wynn — who was granted citizenship in Monaco in 2010 even though he never officially established residency there — held leases on three contiguous villas at his eponymous gambling emporium Wynn Las Vegas at a reported $43, 750 per month.
Variety points out that Wynn and his wife, Andrea Hissom, hold a nearly 11, 000-square-foot penthouse at the Ritz Carlton on Central Park South in New York City, acquired in 2012 from real estate developer Christopher Jeffries for $70 million.
