Back in October, the New York Times released an investigative piece revealing decades of sexual assault and payoffs to women by Hollywood mogul Harvey Weinstein, and we all know what happened since.
Last Friday, the Wall Street Journal released an investigative piece revealing decades of sexual assault and payoffs to women by Casino mogul and GOP Finance Chairman Steve Wynn. A few hours ago, Mr Wynn stepped down from his position at the GOP.
Mr Wynn, a well-known figure in the US, saw his corporate stock take a 10% tumbling on Friday when the news broke, but in a first reaction, he blamed it on the divorce proceedings to his ex-wife and called the stories “preposterous”.
"The instigation of these accusations is the continued work of my ex-wife Elaine Wynn, with whom I am involved in a terrible and nasty lawsuit," he claimed in a press release on Friday.
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24 hours later, he’s had a change of heart and has stepped down from the Republican National Committee where he held the position of Finance Chairman.
According to the allegations, the 76-year-old billionaire harassed multiple ‘massage therapists’ and forced at least one staff member to have sex with him.
The report in the Wall Street Journal claims that $7.5m was paid to a manicurist who was forced to have sex with Mr Wynn.
Steve Wynn is mostly known for having run all the major Las Vegas casinos (the Golden Nugget, The Mirage, Treasure Island and the Bellagio). He later founded Wynn Resorts with his ex-wife, Elaine Wynn, with whom he’s been locked in legal battled for more than 7 years over divorce settlements.
His net value is estimated at $3.5bn.