Steve Wynn named among top 30 world CEOs
Candidates making the list must have been on the job for at least three years and they prefer CEOs at companies with values of at least US$ 5 billion. The magazine has compiled this listing acknowledging the world's 30 best CEOs since 2005.
This year's competition particularly considered how candidates approached Asian financial markets. Wynn has developed two casinos in the booming Macau area, and those properties generated US$ 893 million in pretax cash flow last year. That financial performance outperformed the Vegas Wynn and Encore properties by three fold.
When China sought casino development in 2002, Wynn was able to obtain one of three coveted casino licenses based solely on his well - established Las Vegas casino management history and reputation.
Anyone studying his past accomplishments in the Vegas casino market and current successes in Macau would be compelled to agree with his placement on this top 30 CEO list.
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