America is the home of many billionaires, and while there are a lot of young entrepreneurs in the country, much of U.S. wealth is actually “old money,” which means that families have been rich for several generations. Usually old money families have ties spanning various industries, their original businesses continuing to exist today. Some of the richest American families are also very secretive, and while we’ve heard of the Hiltons and the Kardashians, many of the richest family empires in America prefer to keep a low profile, keeping their money a secret. However, make no mistake: their vast wealth makes these families some of the most influential in American history.
The Wynn Family – $3.4B
Steve Wynn, the patriarch, became a billionaire by constructing some of the most famous casinos and hotels on the Las Vegas Strip, including The Mirage and the Bellagio. From this success, Wynn Resorts, his flagship empire, was created, and so were countless luxury hotels around the world. For more than a decade, his wife, Elaine, was the head of the board, but in the 2000’s, the company began taking on water and Wynn Resorts stock shares hit record lows. After some serious restructuring, the company finally began to see profits returning to their previous heights.