$2 Billion | Rank #1513
Who is Phil Ruffin
Son of a grocer, Ruffin dropped out of college to sell hamburgers with his buddies, then used the profits to buy convenience stores.
From there he expanded into real estate: strip malls, office parks, and hotels, including Marriotts in Alabama, California and the Bahamas.
In 1998 he bought the New Frontier Hotel & Casino for $165 million; he sold it for $1.2 billion in 2007 to Israeli billionaire Yitzhak Tshuva.
He bought Treasure Island from MGM in 2009, amid the great recession, for $775 million. Now it’s worth twice as much.
His first job was working at a W.T. Grant department store, where he once was tasked with repossessing a monkey a customer didn’t pay for. Coming from an average or middle class family, Phil Ruffin is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 1513 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 87.0 years old. As of today, Phil Ruffin’s net worth is approximately 2 Billion.
Facts about Phil Ruffin
Net Worth: | 2 Billion |
Billionaire Rank: | 1513 |
Age: | 87.0 |
Date of Birth: | 17-03-35 |
Gender: | Male |
Currently Living in: | Las Vegas, Nevada, United States |
Birth Place: | United States |
Source of Wealth: | casinos, real estate |
To find out what is Phil Ruffin Net Worth, how he got there and what is Phil Ruffin Salary Per Day, Career, Biography and Childhood details, continue reading below.
Background of Phil Ruffin
Phil Ruffin was born on 17-03-35 in United States. Ruffin once beat out five other billionaires, including investor Ron Burkle, at a Forbes-hosted charity poker game. Donald Trump was the best man at Ruffin’s 2008 wedding to his wife Oleksandra, a former Miss Ukraine. Being raised in the same country, Phil Ruffin spent most of his time in Nevada in the city of Las Vegas.
Phil Ruffin net worth is estimated at 2 Billion Billion to date.
Professional Journey
You will see him often in social media. Phil Ruffin owns the Treasure Island Hotel & Casino plus 50% of the Trump International Las Vegas hotel alongside friend Donald Trump. There was a time when he would have embraced the change that was coming. He is one of the persons who are always trending in news. Ruffin once beat out five other billionaires, including investor Ron Burkle, at a Forbes-hosted charity poker game. In his youth, he was adventurous but unknown, but that was years ago. Son of a grocer, Ruffin dropped out of college to sell hamburgers with his buddies, then used the profits to buy convenience stores.
From there he expanded into real estate: strip malls, office parks, and hotels, including Marriotts in Alabama, California and the Bahamas.
In 1998 he bought the New Frontier Hotel & Casino for $165 million; he sold it for $1.2 billion in 2007 to Israeli billionaire Yitzhak Tshuva.
He bought Treasure Island from MGM in 2009, amid the great recession, for $775 million. Now it’s worth twice as much.
His first job was working at a W.T. Grant department store, where he once was tasked with repossessing a monkey a customer didn’t pay for. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Phil Ruffin owns the Treasure Island Hotel & Casino plus 50% of the Trump International Las Vegas hotel alongside friend Donald Trump.
It is to be noted that Phil Ruffin is one of the selfmade billionaires in the world and stands at 1513 in most wealthy persons in the world.
FAQs
Here are a few most frequently asked questions about Phil Ruffin:
How much is Phil Ruffin worth?
Phil Ruffin’s net worth is estimated to be 2 Billion.
How old is Phil Ruffin?
Phil Ruffin was born on 17-03-35, and is currently 87.0 years old.
What is Phil Ruffin source of income?
Phil Ruffin acquires most part of his wealth from casinos, real estate.
Concluding Phil Ruffin Net Worth
Currently with a net worth of 2 Billion, Phil Ruffin stands at 1513 in the world billionaires list. And draws most of his wealth from casinos, real estate. Hope you like this information about Phil Ruffin. If you like this, then please share it with your friends. This above post is all about the estimated worth of Phil Ruffin. Do you have any queries? Feel free to ask via comment section.
Disclaimer: Please keep in mind that this is an estimated net worth of Phil Ruffin. Actual worth may vary a little. You can always get information by checking out Leaktown.com.