In Las Vegas, Forbes 400 roster continues to thin

This morning, Forbes Magazine published its 39th edition of the Forbes 400, the heaviest hitters (by net worth) in the country. The rich have never been so rich, with a collective net worth valued in late July of $3.2 trillion, up $240 billion in a year.

But the Las Vegas contingent isn’t doing so well. Once numbering as high as nine entries, the Las Vegas roster is down to four. One fell off this year, while most of the others saw their fortunes decline.

The latest to drop: Elaine Wynn, 78. Last year, she was ranked tied for No. 388 with a net worth of $2.1 billion. Then came coronavirus, which knocked 68% off the value of shares of Wynn Resorts, which she co-founded with (twice) ex-husband Steve Wynn and remains the largest shareholder of. Forbes values her down $400 million at $1.7 billion. That’s not chump change, but it’s $400 million below the $2.1 billion cutoff for this year’s list. Continue reading

In Las Vegas it’s Jason–or Greg–on the line from Energy Advocates

Energy AdvocatesSee update at end of story

At the New To Las Vegas world headquarters I’m getting as many as 10 telephone calls a week from someone who says he’s with Energy Advocates, marketing home solar energy systems. Most of the time he says his name is “Jason;” occasionally, it’s “Greg.” But it’s the same voice every time, which may not be surprising because the voice is generated by a computer using technology and probably a real person to monitor how I respond.

Now, I would tell you that any outfit using a computer to call me 10 times a week is not on the up and up. Another reason for my thinking this: The local telephone number that shows on the caller ID generally is nonexistent, as I find when I call that number after the call to me is over. Judging from complaint postings on the Internet, Energy Advocates is plying its scheme nationally. Continue reading

Far from Las Vegas, fitting venues for GOP speeches

Francis Scott Key

fitting venue for GOP speeches

Andrew W. Mellon

For me, still New to Las Vegas, part of the fun watching the convention-less Republican National Convention that wrapped up last night was not only the speakers, but where they spoke.

I am referring in particular to two of the venues, the Andrew W. Mellon Auditorium in Washington, D.C., and Fort McHenry in Baltimore. In this time of economic distress and racial strife, they both have compelling back stories that are especially fitting—although perhaps not in ways calculated to win over uncommitted voters that Donald Trump needs to overcome his current deficit in the polls. Continue reading

In a Las Vegas suburb, store blames government for the masks

blame for the masksThis sign–outside a Home Depot store today on Marks St. in the upscale Las Vegas suburb of Henderson–helps to show why the coronavirus pandemic in the U.S. is going to last for awhile.

Rather than simply stating masks are required for entry, this Home Depot management decided to blame it all on government. “Mandated by the Governor,” the crudely hand-lettered sign says in a way calculated to stir up even more mask opposition.There already is an anti-mask group in Las Vegas.

It’s worth noting that Home Depot’s lead founder, Bernard Marcus, is a prominent Republican who was one of anti-mask Donald Trump’s biggest financial supporters in 2016, while Nevada Governor Steve Sisolak is a Democrat.

I’ll leave it to others to explain how the age-old and proven technique of wearing a mask in a pandemic has become a political issue. Meanwhile, my home improvement patronage will go elsewhere.

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