The Man Who Almost Destroyed Las Vegas: Howard Hughes

By Timothy Sexton, published Feb 01, 2007
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Las Vegas is maybe the only town in the United States that can be said to have essentially been built by one man and nearly destroyed by another man. The man who built Las Vegas, of course, was famous gambler Bug-I mean, Benjamin Siegel-he hated to be called Bugsy. The story of how Bugsy Siegel-yeah, that's right, let's see him take me down now-found himself in the middle of the desert in a small community one day and foresaw a gambling mecca is the stuff of legend and great movies. Unfortunately, that great movie has yet to be made. Equally so, the movie about how Howard Hughes nearly destroyed Las Vegas has yet to be made.

Howard Hughes, for those of you haven't seen The Aviator may not know ,was once upon a time the richest man in the world. So rich was Howard Hughes that if you adjusted for inflation, he could hire Bill Gates to be his Kleenex box shoe taker-offer. We're talking richer than God. Not the Catholic God, of course-nobody's that rich-but certainly richer than a nice Seventh Day Adventist God. Howard Hughes was a famous aviator, obviously, as well as a movie mogul, but more than anything he was a smart businessman. So smart a business was Howard Hughes that he could take Merv Griffin to the cleaners and, remember, it was Merv Griffin who took Donald Trump to the cleaners.

The Man Who Almost Destroyed Las Vegas: Howard Hughes

Howard Hughes. The Joker in the mix.

Credit: Timothy Sexton

Copyright: Timothy Sexton 2007

Takeaways
  • So rich was Howard Hughes that if you adjusted for inflation, he could hire Bill Gates to be his Kleenex box shoe taker-offer.
  • During the 1960s there were two very rich American businessmen buying up property like it was a big stakes Monopoly game.
  • Income in Las Vegas shot up by as much as 25% after Hughes' arrival.
Did You Know?
Howard Hughes' holdings alone accounted for 20% of all the gambling revenue coming into not just Las Vegas, but all of Nevada!
Comments
Showing Comments 1 - 4 of 4
 
 
Fabulous job!

Posted on 02/05/2007 at 11:02:00 PM

 
I have to stop reading and comment about the Kleenex box shoe taker-offer! What a descriptive image which has just made my evening! I'm going to finish reading now.

Posted on 02/05/2007 at 11:02:00 PM

 
Although no interests remain in casino's any longer. Actually the Howard Hughes Corporation and Foundation here in the valley is quite strong and holds a lot still today. Another great article. I enjoyed both pieces alot. Thanks

Posted on 02/03/2007 at 1:02:00 AM

 
Hey, I love Las Vegas. Like L.A. and New York, it's a city with it's own vibe. I don't think I could spend more than a week there, but....

Posted on 02/02/2007 at 3:02:00 PM

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