Nevada is best known for its glittering casinos, no-income-tax policies, and growing appeal to wealthy individuals relocating from California. The state’s billionaire class is dominated by gaming moguls, tech innovators, and real estate titans, especially in Las Vegas, Henderson, and Reno.
Here are the Top 10 Richest People in Nevada in 2025, based on Forbes data, SEC filings, and verified regional sources.
1. Miriam Adelson & Family – $32.5 Billion
Source of Wealth: Casinos (Las Vegas Sands)
Residence: Las Vegas, NV
Widow of Sheldon Adelson, Miriam Adelson controls a majority stake in Las Vegas Sands Corp., one of the world’s largest casino and resort operators. She is also a major GOP donor and philanthropist.
2. Steve Wynn – $4.6 Billion
Source of Wealth: Casinos (Wynn Resorts)
Residence: Las Vegas, NV
A gaming industry icon, Wynn helped build The Mirage, Bellagio, and Wynn Resorts. Although no longer with the company, his stake and ongoing investments in luxury real estate and art keep him among Nevada’s wealthiest.
3. Phil Ruffin – $3.1 Billion
Source of Wealth: Casinos, Real Estate (Treasure Island, Circus Circus)
Residence: Las Vegas, NV
Ruffin owns Treasure Island and Circus Circus on the Las Vegas Strip. He is also a partner with Donald Trump in several real estate ventures and holds a wide hospitality and entertainment portfolio.
4. Lorenzo Fertitta – $2.9 Billion
Source of Wealth: UFC, Red Rock Resorts
Residence: Las Vegas, NV
Co-owner of Red Rock Resorts and former owner of UFC, Lorenzo made his fortune from the sale of the UFC to Endeavor. He continues to grow his wealth through gaming and investment holdings.
5. Frank Fertitta III – $2.8 Billion
Source of Wealth: UFC, Casinos (Station Casinos)
Residence: Las Vegas, NV
Brother to Lorenzo, Frank Fertitta III co-led the growth and sale of the UFC and remains CEO of Station Casinos, the parent company of Red Rock Resorts. He’s a major player in Nevada’s off-strip casino market.
6. Tony Hsieh (Estate) – $1.9 Billion
Source of Wealth: Zappos
Residence: Las Vegas, NV (legacy)
Though Hsieh passed away in 2020, his estate remains active in real estate, downtown redevelopment, and tech investments. His influence is still felt through the Downtown Project, which he helped spearhead.
7. David Duffield – $1.7 Billion
Source of Wealth: Software (PeopleSoft, Workday)
Residence: Incline Village, NV
The tech billionaire behind PeopleSoft and Workday relocated to Nevada’s Lake Tahoe area for its business-friendly climate. He invests in animal welfare, biotech, and education innovation.
8. Nancy Walton Laurie – $1.6 Billion
Source of Wealth: Walmart Inheritance
Residence: Henderson, NV
An heiress to the Walmart fortune, Laurie is based in Henderson and is known for her investments in philanthropy, sports ownership, and performing arts.
9. Jason Ader – $1.3 Billion
Source of Wealth: Casino Investments, SPACs
Residence: Las Vegas, NV
A former Wall Street analyst turned investor, Ader is known for his stakes in Las Vegas Sands, iGaming platforms, and SPAC mergers in the digital entertainment and sports betting sector.
10. Anthony Marnell III – $950 Million
Source of Wealth: Real Estate, Hospitality, Construction
Residence: Las Vegas, NV
Son of legendary casino builder Tony Marnell II, Anthony Marnell III leads Marnell Companies, with assets in casino construction, resort development, and hotel design, including work on The M Resort and Bellagio.
Summary Table
| Rank | Name | Net Worth (2025) | Source of Wealth | Residence |
|---|---|---|---|---|
| 1 | Miriam Adelson | $32.5B | Las Vegas Sands | Las Vegas |
| 2 | Steve Wynn | $4.6B | Wynn Resorts | Las Vegas |
| 3 | Phil Ruffin | $3.1B | Casinos, Real Estate | Las Vegas |
| 4 | Lorenzo Fertitta | $2.9B | UFC, Red Rock | Las Vegas |
| 5 | Frank Fertitta III | $2.8B | UFC, Station Casinos | Las Vegas |
| 6 | Tony Hsieh (Estate) | $1.9B | Zappos | Las Vegas |
| 7 | David Duffield | $1.7B | Software | Incline Village |
| 8 | Nancy Walton Laurie | $1.6B | Walmart Inheritance | Henderson |
| 9 | Jason Ader | $1.3B | iGaming, Investments | Las Vegas |
| 10 | Anthony Marnell III | $950M | Construction, Resorts | Las Vegas |
Final Thoughts
Nevada’s richest individuals span a spectrum from casino magnates and sports investors to software tycoons and real estate developers. The state’s favorable tax policies and luxury lifestyle continue to attract wealth from across the U.S., ensuring Las Vegas remains a financial and entertainment capital.
