Steve Wynn Transfers $32 Million Florida Mansion to Stepson, Ending Family Dispute
Steve Wynn Resolves Family Dispute by Transferring Luxury Mansion
Recently, former casino tycoon Steve Wynn handed over a $32 million estate located in West Palm Beach, Florida, to his stepson Nick Hissom. This transfer aims to settle a longstanding family tension triggered by a provocative music video created by Hissom.
Background of the Family Conflict
Last year, Wynn and his wife Andrea reportedly became upset over Hissom’s music video, which featured explicit scenes with adult film actors. As a result, Hissom was asked to move out of the family’s Los Angeles residence. Reports indicate that his belongings were packed by staff, and his car was moved outside. The split was sudden and very noticeable despite whatever official reasons were given.
It now appears the rift has been healed after Wynn gifted Hissom a six-bedroom, nine-bathroom mansion on the exclusive Everglades Island in West Palm Beach. The estate, which includes a private dock, was formerly owned by advertising professionals Richard and Linda Schaps.
Wynn’s Real Estate Moves and Family Ties
Wynn has a history of using real estate investments to manage and influence family matters. In 2024, he and Andrea bought another mansion in West Palm Beach valued at $12.9 million, intended for Hissom and his brother Alex. According to insiders, Wynn wanted his stepsons to redevelop that property, which also features a dock and scenic views of Mar-a-Lago, into a standout residence.
With this new, even more upscale estate, the family’s personal affairs remain a topic of public interest, with many watching developments closely.
Steve Wynn’s Private Life and Public Spotlight
After enduring a damaging sexual assault scandal that led to Wynn being banned from Nevada’s gaming industry and stepping down as CEO and chairman of Wynn Resorts in February 2018, Steve Wynn has kept a low profile. Despite this, some friends have encouraged him to consider opening a new casino, an idea he has entertained, though likely in a lighthearted way.
Meanwhile, Hissom seems ready to move beyond the feud. Speaking about the controversy, he said that the provocative video caused tension but compared it to common family disagreements around the dinner table. He emphasized his affection for his family and confirmed that the feelings are mutual.
