This $3 million Ferrari flip cost Steve Wynn his dealership

Rich & Gloss-It detailed Ed's SLR - • I bought Paris Hilton'...
‪@GlossIt‬ working on this car! • STEVE WYNNS LAFERRARI ...
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Rich Light from Gloss-It describes his relationship with Steve Wynn. Subscribe to the ‪@GlossIt‬ KZbin channel and follow them on Instagram. Gloss-It's latest VINwiki offer: vinwiki.com/r/...
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#LasVegas #SteveWynn #GlossIt

[@sheafloyd9904]

Can't help but laugh at the fact that anytime there's an exotic car story, " my wife at the time" keeps coming up 😂

[@wronggg]

Guys that are into having many cars are also similarly likely into having many wives. But, if it flies, floats, or fucks, it's always cheaper to rent it even in the long term.

[@chukaz123]

Half of all marriages end in divorce, so even if they drove beater cars they'd probably be talking about their "wife at the time"

[@Long-nd8bq]

@@wronggg my dad always told me that. The 3 F's are cheaper to rent by the hour. Also if it has tits or tires it's going to give you problems.

[@sheafloyd9904]

@@wronggg 😂😂😂 Very true!

[@paddington1670]

@@Long-nd8bq F*** fly float.

[@keenobservations3050]

A friend of mine got fired off the Tobin Bentley Rolls Royce lot for (allowing) a disgruntled customer to throw eggs at the cars on the lot. How does one stop a truck cruising down the road and someone Chunking eggs at 250k cars? Wonder why the guy hated Tobin so much 😂

[@rolandohernandez36]

I Once Worked For A Very Rich Business Man , And A Very Nice One At That , He Once Told Me " Rolo Don't Ever Let A Man With A Lot Of Money Ever Scare You , Cause He Puts On His Pants The Same Way You Do", To Which I Replied , Hows That Walter, Well He Said, " One Leg At A Time".

[@JCD87]

When someone tries to force you into something that doesn't feel like where your passion is, don't. I've had a similar encounter, not on this scale but certainly 100% the same deal. He wanted me to work for him, actually this happened to me twice. I thanked them both for their interest in me. People so high up like these guys, they mostly want someone to nod at everything they say. Because they lost that 'i'm the boss, you the slave' type of feeling. So I really am glad you chose 'the highway' and continue what you like doing best.

[@thejmhguy]

So this is the backstory leading to how Legendary Motorcar came across and sold this!

[@brentyancich]

I'd love to hear that one LMC was very influential on me as a youth . Incredible where they are today

[@thejmhguy]

@@brentyancich Agreed! The car was sold according to their current inventory list status.

[@t2p]

He thought he owned you ..plain and simple. Kudos for not being for sale.

[@mr.carguy3161]

Ikr? "You're gonna come work for me". Instead of respecting that, he "supports" it by saying "you'll never touch one of my cars again". Douche.

[@richlight9901]

Thanks 👍

[@gustavosaliola]

Exactly my thoughts. A true leader makes you grow along with him. This man's pointless reaction just unveiled a tantrum driven child. If it's not mine, then it will be anyone's.

[@peterschancel7223]

You never want to be owned by The Mob... I had an offer like that I turned down.. Once your in ,, your in.. Freedom is invaluable.

[@justgotohm4775]

That would have been a lose lose situation, you would have been owned.

[@wilsonedwards8189]

I like how most random people are supposed to know who Steve Wynn's brother in law is. Narcissism not in short supply in Vegas.

[@freakyninjaman3]

I thought the same thing haha. "You still don't know who I am" is a hilarious line when your only claim to fame is being born in the same family as someone famous. Edit: he's the brother-in-law, so not enough from the same family haha. That conversation sounded ridiculous.

[@wilsonedwards8189]

@@freakyninjaman3 In the book 'Running Scared, the life and times of Steve Wynn Junior' by award winning journalist John L Smith, was a quote from a formerly secret Scotland Yard investigation into Wynn after he applied for a British gambling license: 'The sole purpose for Steve Wynn to be in Las Vegas is to launder money for the Genovese crime family of New York.'

[@janegoodall1837]

I don’t even know who Steve Wynn is.

[@Hashdollars]

@@wilsonedwards8189 I’ve been through airports with Steve Wynn partners and they were permitted to carry firearms through the airport. The main person I was with, all of his vehicles twin turbo, truck twin turbo, cars etc any vehicle he drove he added turbocharge.

[@wilsonedwards8189]

@@Hashdollars Wynn can't legally drive himself, he's blind.

[@hunterjones9822]

Steve Wynn "I'll make you an offer you can't refuse" Rich Light "I'll pass..."

[@SirManfly]

I admire this guy for standing his ground and not letting Steve Wynn bully him into something he didn’t want ! But I have to admit it was a pretty sweet offer that would have made him a very rich man !! 😮

[@buixrule]

@@SirManfly Yeah, and a slave. Would rather be a successful free man than a rich slave. Remember Winn's connected. He's got "friends".

[@shouldigetit]

Baller move

[@itypedmynamehere1807]

@Doug Kelly he is rich

[@droman608]

Also Wynn: #youdareopposememortal

[@Dan-oy7pr]

"I'm this guy's brother-in-law" jeez that dude sounds pretentious af

[@stuartd9741]

Yeah it's a case of: Don't you know who I am Er nope never heard of you...

[@Win7ermu7e]

It's worse than pretentious. It's like saying "I am useless but my sister married a really rich guy".

[@CycoWarriorx]

“Yeah, I’m [so and so’s] brother in law...” “Cool... I still don’t know you tho...” 😆😆😆😆🙌🏽

[@jezhopo7221]

What do you do? I marry well

[@JBofBrisbane]

"Well, I've heard of Steve Wynn, but you... nope..."

[@michaelweston2285]

are people supposed to know the brothers-in-law of famous people now? you really don't know who i am? i'm Ricky Martin's 2nd cousin's former roommate's old bowling teammate. it's OK, you're new here.

[@kymanipazamor3162]

🤣🤣🤣🤣

[@drjswizzle8235]

What does that make us?

[@tommy6322]

I never heard of any of them but Michael Westen is a legend! :D

[@JW-hj8gl]

😂

[@RamadaArtist]

I forget who it was, but I recently watched a video made by Chuck Norris' granddaughter, (I think she's some fairly small time KZbinr and made a video only after people found out and started asking her about it,) and she's just like, "yeah growing up it's not like being related to Chuck Norris meant anything... it was cool when we went to his like, million acre ranch for vacation, but other than that I just knew him as an older family member." Like him being famous had no impact on her life whatsoever, until people independently found out and started asking her about it.

[@DarinNederhoff]

I saw the black La Ferrari at the dealership about six years ago now. Mr Wynn sounds like a guy I’d avoid like the plague though.

[@randyneves9701]

I don’t respect people who when you don’t agree with them, or make a decision that benefits them they cast you aside as useless, those individuals are the worst

[@autoteleology]

@Julio De Los Santos Nobody has to like someone for exercising their rights.

[@aryarock22]

Same I saw it there too still have pics can’t believe this was it’s fate but Wynn deserves it 😂😂

[@aryarock22]

@Julio De Los Santos lol it’s not that he’s rich, it’s that he’s an asshole. I respect Ryan Cohen a whole lot more

[@flatbuns16]

@Julio De Los Santos be your own man and stop being blinded by wealth

[@dipvidrine1414]

It’s hilarious that Steve Wynn brother-in-law would actually think that people would know him out of the blue just because of his brother-in-law hilarious prime example of someone getting by on your coattail

[@Bubbles99718]

If I heard a grown man say that I would laugh and laugh and laugh

[@Voltzy70]

Hunter Biden is a prime example of this level of douchebaggery.

[@bobdobb9082]

Scotland Yard quote when investigating Wynn for a British gaming license: "The sole purpose for Steve Wynn to be in Las Vegas is to launder money for the Genovese crime family of New York." Documented in the book "Running Scared"

[@Bubbles99718]

@@Voltzy70 and the 3 trump kids

[@mikefrech1123]

It's even more presumptuous of him to assume everyone knows who Steve Wynn is.

[@michelegarrett8258]

I had worked for a man with that same mindset, he called me and asked me to run his business when he found out he had gotten cancer, I did it for him, he paid me extremely well and I stayed till the end, about 10 months and then helped his kids consolidate and sell the business. I don't regret it, I do miss his mean ass!!, but now I subcontract to a very respected individual in the racing industry and everyone is happy, he's a very humble man, I'm blessed!

[@anthonymartinez4307]

So you wasted time to please someone who was going to sell anyway? That’s just dumb.

[@Count.Zer0]

​@@anthonymartinez4307ahahahaha what?

[@EdBolian]

Vegas is a very interesting place and Rich is certainly achieving institutional status there. He made the right decision by saying no to Steve.

[@rishi5803]

hi ed :)

[@mr.carguy3161]

I highly respect his decision to say no and continue to be his own boss. Even to someone like Steve Wynn.

[@SF-dy6hn]

@@mr.carguy3161 Correct. If anything he should have offered Steve to be a silent investor.

[@HeatFilter]

Agreed. Power and respect comes from carving your own path to success, not using someone else's resources as your own.

[@mr.carguy3161]

@@HeatFilter and people like Steve Wynn carve their path by being pushy and demanding; misusing people.

[@epi2045]

For a young man at the time, I give props to the detailing guy. Saying no to money to preserve your independence is GIGANTIC! So many people waste their lives away trading freedom and integrity for money.

[@redram5150]

“I’m Steve Wynn’s brother-in-law” Oh, no waaay! I knew you were someone’s brother-in-law but *Steve Wynn*... sweet!

[@brianjames723]

😆

[@CrisisGuildWOW]

The ultimate name drop.

[@peacemaker4814]

Lol...nice

[@lonemaus562]

I didn’t even know who Steve wynn is lol

[@googlemustdie]

As a business owner, learning when to tell a customer "no" or when to turn down a job is the hardest thing and one of the most important things you will learn.

[@brinjoness3386]

never put all your eggs in one basket.

[@overlandecuador8893]

I own my own business for many years. In the 80’s I moved up the ladder to the point of being a GM for a Porsche Dealership. I always told my employees that the most profitable word in the English language is “No”. Add to that the takeaway and you are golden if you can master this. Retired now, I was right and my employees made a lot of jack. Good times!

[@rashidkhan-xm4rl]

@@brinjoness3386 i put all my eggs in one basket watch the basket carefully -stanley druckenmiller

[@peggymccabe5090]

I'm a small buisness woman and it's one of the most important and hard to be able to say no ! You are so right

[@mancavemotorsports]

Yessir, one harsh rule that I live by in my business although many great friendships began rough is---"how we start, is how we finish" hasn't let me down yet. You start off with me being a douche rocket, then I kindly refuse the opportunity 😂

[@AudreyH48]

Much respect to Rich, you can tell he knows how to show the high end profile clients the respect they demand but also not to the point of belittling himself. That's a really difficult level to achieve.

[@ighsight]

This man told the truth as he could without burning bridges.

[@bobdobb9082]

Scotland Yard quote when investigating Wynn for a British gaming license: "The sole purpose for Steve Wynn to be in Las Vegas is to launder money for the Genovese crime family of New York." Documented in the book "Running Scared"

[@peacemaker4814]

True...thats a real Goldilocks zone. Hard to be high end and lower end and function. At least fir me

[@TechManTY.]

Every man has to decide what path he will take in life. I give this guy props for taking control of his own destiny. Under someone's foot is not an ideal place to be.

[@richlight9901]

Thank you sir 👍

[@myotherusername9224]

@@richlight9901 "a man is wealthy in proportion to the number of things he can afford to let alone" - Thoreau in _Walden_

[@scooter979represent]

Yeah I had a choice to be with the Mexican cartel or the mafia and do what they ask. Well I chose to just be a normal man and work a 9-5 job and just enjoy life with out having to be paranoid.

[@COCarDude]

As a Detailer, working for that dude would stress me out. Good for him for not caving to the pressure!’

[@theanomalous1401]

When he walked into the office and didn't see plastic sheeting spread across the floor, he was home free❗

[@velvetjones1856]

Not sure Wynn could tell if a car was well detailed or not. He is legally blind and can't drive them.

[@jonsaircond8520]

@@velvetjones1856 He probably has people to tell him if his people are doing thier jobs correctly 🤪

[@SF-dy6hn]

@@velvetjones1856 By the sounds of it he was getting the cars detailed because his wife liked cars.

[@Meekerextreme]

@@SF-dy6hn The wife was also getting detailed on the side

[@bpadams]

“...but you’ve gotta respect a guy like that...” No, you don’t.

[@joshuad1716]

That’s how high level business gets done. No time to waste. They get what they want or you get the fuck out. Welcome to the world of business.

[@stevenkelby2169]

@@joshuad1716 Welcome to the world of assholes. They get away with it because other, weaker, people let them.

[@mikullmac]

@@joshuad1716 Have fun being a high functioning servant. You wont see the top of the game either.

[@joshuad1716]

@@mikullmac lol wtf

[@mikullmac]

@@joshuad1716 I like to just say negative things too LOL

[@jringhisen]

Good for you turning someone like that down and remaining true to yourself. Interesting how one person's "great opportunity" is another's nightmare.

[@bobdobb9082]

Scotland Yard quote when investigating Wynn for a British gaming license: "The sole purpose for Steve Wynn to be in Las Vegas is to launder money for the Genovese crime family of New York."

[@MrGordonGartrelle]

"I'm Steve Wynn's brother in law." Great line, dope.

[@chfire2004]

Why I will never own a Ferrari, well that and the money part.

[@MrKobedagreat24]

Mainly the money part tho

[@joeblack007]

Do not sell yourself short. There are plenty of Ferarri's from the 70s at the salvage auctions.

[@mexicanspec]

I have never been interested in Ferraris. I would rather drive a '60s Cadillac.

[@rwdplz1]

well MOSTLY the money part...

[@Cheepchipsable]

Even with the money, any exotic car is expensive to maintain and just a huge waste. Thousands for a service and very fragile - bump a curb and you damage the suspension.

[@MichaelMakesMistakes]

"I knew Mr. Wynn, servicing him, that he was great as long as it was on his terms. And if it wasn't something he didn't want, you weren't part of his life, business or personal. That's it, you're done. But you gotta respect a guy like that." No, you don't.

[@TheDryDown]

He did. You don’t have to.

[@voicetube]

@Michael Makes Mistakes - Agreed.

[@blackkrrsantan8113]

He does if he doesn't want to end up in the desert...

[@flipnotrab]

Guy runs the city. He wants what he wants, period.

[@CCCOILS.UK1]

@@flipnotrab but if you have been doing a good job for him for so long and work for yourself and have a good work ethic Yes it sounded like a great offer but pulling a good contract out from under you just coz you turn down a job offer is a dick move i don't care who you are or how much money you have

[@NeshVlogs]

Steve Wynn: I hate this La Ferrari I'm selling it Ferrari: Imma end this man's whole franchise career

[@Long-nd8bq]

And not 1 single fuck was given by Steve Wynn. He told them get the fuck off my property.

[@Flies2FLL]

All he had to do was to call up Ferrari and tell them he didn't like the car. I'm sure they would have taken it back and given him some sort of refund. But NOOOOOO~! Not this raging prick!

[@mr.carguy3161]

How do you buy one of the most exclusive cars on the planet, and not like it?! Then sell it quickly after you AGREED to keep it for at least 2 years! You have to NOT REALLY like cars to dislike a La Ferrari!

[@Flies2FLL]

@@mr.carguy3161 Well, let's play "Devil's advocate". He sat in the thing and it simply hurt his back. He could not find a comfortable position; If you cannot drive a car comfortably then you need to give it back! I don't know what happened with Wynn and this car but he didn't want to keep it. This guy is an arrogant PRICK and instead of trying to work out a deal with the people in Modena [Which is exactly what you and me would do...] this butt-clown just decides "No, I'm not going to follow the contract that I signed" and just went and did what he wanted. Prick. Arrogant.

[@mr.carguy3161]

@@Flies2FLL Right. If you sit in a car, and you don't like the way it feels, you don't buy it! And if you're wealthy, and you have back problems, you LEASE a Rolls Royce or a Bentley. You don't BUY an ultra-rare Ferrari!

[@incipidsigninsetup]

"You gotta respect a guy like that" you mean a guy who has an agreement with Ferrari, breaks the agreement and then has Ferrari management escorted off property by security when they call him out on breaking the agreement? No, no you don't have to respect a guy like that. He's clearly a narcissist and if you go into business with guys like that you can't expect your side of the agreement to be respected.

[@samfromohio6473]

“You gotta respect a guy like that” Sorry dude, if you are the my way or the highway type, I will not respect you.

[@GeneralMalaize]

When the guy owns a good chunk of your hometown, and holds a lot of sway, you tend to at least "show" respect.

[@John_O_Maoilearca]

He had to add that, otherwise...the desert

[@rayman1230]

@@Slicks21 of memory serves me, it was in Macbeth in which was said "... There's two ways of gaining respect. Through love or fear..." Something along those lines lol Either way, it's still respect none the less

[@DIgitusSmartas]

@@Slicks21 respect is bestowed by fear. we just call it respect

[@HOTPLATEGAMING]

Limp Bizkit

[@Factory400]

Turning down that job may have saved this guy a very dark life.

[@kyle618]

he could have atleast listened to the offer

[@stuartd9741]

I agree. It seemed like Mr Wynn felt he could "buy" Rich? Like a piece of property. You come work for me? No? Ok you're not touching any of my cars.. Mr Wynn seemed very shady. Yes successful but maybe of questionable morals.

[@ssnerd583]

@@kyle618 .....NAH.....that means you are considering it.

[@gabrielfranco9786]

@@ssnerd583 exactly and then good luck trying to get someone like him off your back because once you hear their offer they start acting like they got you hooked.

[@ssnerd583]

@@gabrielfranco9786 ding-ding-DING

[@jhettman1]

Can ferrari be ridiculous with their rules? Yes. But do I also love how Ferrari doesnt care who you are, and you play by their rules or you dont play at all...absolutely

[@stuartd9741]

Yep at least they're consistent lol.

[@mid.nightrunners8157]

Disliking both Ferrari and Steve, I came out the winner watching them both insult each other and losing money doing it

[@stuartd9741]

@@mid.nightrunners8157 lol interesting perspective.

[@projectr2451]

abigmonkeyforme I agree. I may be one of the few that understand Ferrari’s policies and agree. Before I didn’t like it at all

[@recca7]

@abigmonkeyforme great analogy

[@Thomas63r2]

My Steve Wynn story: I noticed all the sex show hawkers were completely absent from the Wynn Casino - including from the “public” sidewalk in front of the casino. So I asked a security guard how the Wynn Casino managed this when none of the other casinos seemed able to stop it. He looked around to make sure no one was within listening range and said: Mr Wynn knows exactly how to get whatever he wants.

[@MrTimeless101]

"ya gotta respect a guy like that". Ah, no. Wynn is a thug who hustles gambling.

[@VINwiki]

Some people let Ferrari make the rules. Some people set their own rules.

[@brodycurtis14]

and my name is brody

[@christian3050]

😎

[@JohnGuzik]

??? He set his own rules and completely lost. You act like Ferrari caved to this guy.

[@justawaterbottle1505]

@@JohnGuzik He lost but it’s still impressive to take on such a large company with no real fear

[@calvinhsu7734]

@@JohnGuzik I don’t think he gave a fuck when he booted them off his property obviously he didn’t see it as a loss.

[@MichaelJames-lz7ni]

I’ve visited many Ferrari dealerships, all over the country. Wynn’s dealership was the ONLY one that demanded a ‘cover charge’ to set-foot inside the dealership. You could skip the cover-charge if you could provide the dealership ‘proof of ownership’ before your visit. I had a car at the time, but I wasn’t going to give Wynn-the-toolbag any of my time. Or my business.

[@ryanholiday4329]

That’s insane it’s a keep the peasants out vibe. If I were to make a purchase it damn sure wouldn’t have been there.

[@dustinpomeroy8817]

@@ryanholiday4329 you gotta remember it was inside of a casino.Tens of thousands of people pass thru a day.If they didn't charge the 10 bucks every wanna be jackwagon would have their grimy paws on and sitting inside of the cars.I usually don't agree with a cover like this but I can see the reason for it.Shit I gotta pay 10 bucks just to get into one of the junk yards I go to.

[@Cynsham]

@@dustinpomeroy8817 Man you must be the biggest sucker on the planet if you paid a cover fee to get in a junkyard! xD

[@Zarathustran]

He didn’t hate the car, but he’s somebody who doesn’t love cars so definitely couldn’t resist taking the profit. If Ferrari has to get people to sign an agreement to not sell their cars before they’re two years old that means the scarcity is artificial and that’s how they are creating it. All businesses make and sell as many widgets as they comfortably can, though for all goods and services in all unmanipulated markets buyers (not sellers) set prices. The buyer will offer a higher price if he perceives scarcity so that’s why Ferrari wants to make it look like there are more buyers then Ferraris…but how stupid would Ferrari be to not see to it that there are at least as many (plus more) Ferraris as buyers, duh lol. Putting it in a casino and charging cover is having his cake and eating it. And it’s more for his ego than particularly advantageous for Ferrari. I know there are people who will buy a Ferrari with a big win, and it probably does make sense to have a satellite dealership location next to the high limit room with a few new Ferraris that kind of customer might impulsively buy, because If there really was a Ferrari shortage the customer who’d be interested and could afford to gamble that big would already be in line/ready to order and give a deposit for his next one at another dealership. Ferrari shortage LMFAO yeah right there’s barely any actual automobile shortage even during a pandemic as production was halted specifically anticipating tanked demand.

[@thenerdylad4201]

Makes sense considering they probably don't want random blokes named Michael James coming in off the street to check their supercars out.

[@simontvrner]

You gotta love the passion of Ferrari. Steve Wynn thought he could do what he wanted because of his wealth and power. He broke the contract and Ferrari said, no dealership for you!

[@lexuslfa4739]

i love that they don't care whether you are a billionaire or not, they are not sell outs, they are just concerned with delivering the ultimate ferrari experience, granted it may not be car related at that point, but it's still a Ferrari experience

[@JohnDoe-mp1zk]

A DEAL IS A DEAL

[@Potato-lw3fe]

no, ferarri aid he can not sell something he bought, so he got them out of his property

[@johnbrobston1334]

@@lexuslfa4739 Remember, this is the company that told Henry Ford to go pound sand. Of course he made a project out of beating them on their own turf, and succeeded but it was worth it for them--if they had sold out then the Ferrari name would likely have died on some forgotten econobox by now.

[@mitchjames9350]

@@johnbrobston1334 Enzo was using Ford to get more money from Fiat.

[@onlyontheeastside173]

There was 3 la Ferraris in total one black and 2 red one of the red ones had the exposed carbon roof

[@TRUdetailing]

As a detailer myself, I would have done the same thing. I don’t blame you. Nothing beats being your own boss completely. And risking your life wouldn’t help either lol

[@soulfly3438]

idk tbh. you get a position like that with steve wynn. you make the right moves. you become trusted. you get in his inner circle. before you know it he has you heading other larger opportunities. if he had said yes. waited ten years. opened his own business that he simply was the owner in. and not involved in day to day... i imagine steve wynn fully backing it. you mess around and get on boards and become a trusted associate from a position like that. your talking about a major windfall for a simple detailer.

[@gluedmynuts]

Relationship is key. If he accepted the offer, he basically lost his contacts and clientele.

[@AlvinBrinson]

@@soulfly3438 Or you end up neck deep in "business" you don't want to be a part of, but can't get out.

[@autoteleology]

@@soulfly3438 But that's not what they value.

[@CheezyDee]

_Me pretending to be Silvio Dante pretending to be Micheal Corleone_ Just when I thought I was out, they pull me back in!

[@dasaini]

“I’m Steve wynn’s brother in law”.... ok, and?

[@SAXONWARLORD1000AD]

YEAH - WHAT A STOOGE

[@ianjohnson5543]

I couldn't justify the money to walk in the Ferrari dealership in the Wynn but I thought it was cool there was a dealership in the casino.

[@camlarsen22]

Are you saying you have to pay just to go into the dealership?

[@arcadeuk]

@@camlarsen22 Yeah it was $10 a person. I paid once and was walking in with my wife and the person at the desk shouted after me telling me I was not allowed to bring my camera in, so I walked right back out and got a refund

[@thevegastouristupdate]

When it first opened, it was free to go in. But after a while, they restricted it to people staying there ($$$) or pay to see the cars.

[@swaqvalley]

In 2008 my wife and I walked basically the entire length of the strip with the intention of checking out the Ferraris. Stopped at the door and asked to pay, I couldn't believe it. If it was like a museum or something I could understand, but a dealer...? I didn't go in on principle.

[@Jdalio5]

Wow, were they able to pay their bills that month in spite of your protest?

[@KM-xp1pn]

I think he should of kept his business and worked for Mr Wynn and get set up 5 or 10yrs later cash out and back to your business or retire. Mr Wynn should of just kept the car for a few years made more money selling ot in 2yrs and had it in the show room gaining value.

[@cdb989]

It’s his way or the highway,🤷‍♂️

[@Dream0Asylum]

"You've all seen the movie CASINO." Damn straight.

[@mratay4747]

I may have to check it out.

[@jhalkoski]

No I haven't

[@CCCOILS.UK1]

Nope

[@PermissiveMoggy]

No, because normal people don't give a shit about casinos.

[@lancetheb.m.c]

He also did NOT sleep with the Bosses Wife(to my knowledge).....

[@Mall-Nutrition]

Great story, I can’t imagine passing up being set up for life, but I can imagine passing it up being under someone’s thumb that hard.

[@sjf1981]

Has to be a super tough decision. People that go hard reward hard. At first I didn't like the guy but as I think about it I do respect him. But being your own boss is a great way to go!

[@prime77089]

He wouldn’t have been set for life. One move Wynn didn’t like and he would have been shit canned. He dodged a bullet.

[@mexicanspec]

That was the promise made. I doubt that would have happened. I wouldn't want my future tied to somebody else that can lose it all one day.

[@crazynova23]

@@prime77089 also, Steve Wynn got ousted from his company a couple years ago.

[@mexicanspec]

@Julio De Los Santos He seems to be doing just fine not having to answer to anybody, but I will admit, that life isn't for everybody. Some people need to be told what to do.

[@geral1187]

Mr winn was a loser in this case. He was arrogant, thinking he could step over the lines of an agreement. He got out of business. Well done Ferrari.

[@SuperVinccent]

John Lennon upset Rolls Royce by having flowers painted all over the car . RR let it ride Once a contract is signed it is strange it has to be honored. Ferrari is a supercar with great perception I bet Mr Winn has regrets over some of his decisions like letting go of a professional competent business owner

[@davehowes5162]

Wynn and Ferrari do business using the same mission statement: "I do what I want, don't let door hit you in the ass on your way out."

[@gearjammergamer8560]

Ferrari cease and desisted a photographer that was a long time customer because he repainted his car to a color they didn't like and photographed it. So they forbid him from taking pictures of his own car. Supposedly a guy that had bought many new Ferraris also.

[@BuuGz86]

@@gearjammergamer8560 But he knows that Ferrari does not like that, modding a Ferrari is a big no no.. like it or not that's the way they do things... you can always buy from other brands... There is also the case of Deadmau5's ferrari that he for some reason painted it with shitty colors and the nyan cat....... they sued him... heck i would sue him to and i don't have any stock at Ferrari. ...

[@noahhiguera8114]

@@gearjammergamer8560 yup! Some Australian guy was rotary swapping a Ferrari shell he had bought and Ferrari sent a cease and desist and he told them to eat shit lol

[@toms3965]

@@BuuGz86 the “Purrari”. After the order he replaced it with a Lambo and they did not mind the wrap on it.

[@birdack81]

@@gearjammergamer8560 It's all a brand strategy. Ferrari brand is much more valuable than any kind of client. They won't risk it for anyone. Lambos, on the other hand, make their brand around the idea of flamboyancy and excess...

[@grease7552]

Sounds like you made the right move, I wouldn’t wanna work for a rich d-bag.

[@nwj62]

One of the best Vinwiki episodes I have seen. I truly can relate to not selling out actually raising your level of value to the person you said no to. What a great adventure.

[@richlight9901]

Thank you sir! 👍 I have more great Vegas stories coming with VINwiki

[@ourtime-downhere6931]

@@richlight9901 you made a wise decision, can't wait to hear more stories!

[@richlight9901]

@@ourtime-downhere6931 thank you sir 😁👍

[@ericwalker6546]

You rose above him when you said no. Good or evil is manifest in our lives. I see the good in yours and the evil in Mr Wynn’s.

[@steveludwig4200]

@@ourtime-downhere6931 This decision reportedly cost the guy over $75,000,000.

[@cobracommander9138]

I definitely know who Steve Wynn is and a little bit about his story. But I can't think of one famous person's brother in law that I know.

[@lefroy1]

"Don't you know who I am?" No "I'm someone's brother-in-law." Whoa, clout.

[@sarahdell4042]

Ha! I remember being stuck in Vegas and visiting his Casino. I hate anything to do with typical Vegas, so I just walked around. He charged to view Ferraris. Hilarious.

[@wronggg]

Are car museums (which is what this was for the vast majority of people) typically free?

[@sarahdell4042]

@@wronggg It wasn’t a car museum. You could have walked into any Ferrari dealership of the era and seen 99% of the same stuff. Also charged $50 to sit in a 360 to take a photo 🤣

[@wronggg]

@@sarahdell4042 Then explain how they were able to successfully charge people $10 entry fees if it's just another dealership.

[@sarahdell4042]

@@wronggg Because the general public is stupid. Vegas is a cesspool.

[@beze9632]

@@wronggg Fitting nickname.

[@carlosmakgato8404]

Nope. Those are the kind of guys I do not respect at all. Good on you for telling him to piss off.

[@jhalkoski]

Full disclosure, I didn't know who Steve wynn is. So I had to Google who he was while watching this video haha

[@talmoskowitz5221]

I hope it mentioned the elbow in the canvas Picasso fiasco.

[@wsfwsf1497]

Yeah Steve, the brilliant business who poked a hole in a $129 million painting, saying "Look right here!OOOPS!!!!

[@dollymadeson2151]

😂

[@keithkrieger7075]

hey Ed. I was looking for an old video of yours that featured a women who was a former airline IT executive and got into consulting. She loves ferraris and has 2 of them. I cant seem to find the video. Can you point me to it? Thanks.

[@Thatertot96]

I liked this guy until, "Austin Martin" came out of his mouth.

[@bobmcl2406]

Yeah, I rewound a couple of times to be sure I really heard it too! Sigh.....

[@spike7038]

They made the Healy right?

[@myotherusername9224]

trivial. makes you sound like you're 12. how many businesses have you run at Rich's level.

[@robbrie]

Another colorful Steve Wynn story (albeit unrelated to cars) is the time he accidentally punched a hole in his $100million Picasso. It was a $20million oops (2006).

[@ke6gwf]

@DC it's still a Picasso, so it's still worth a lot of money, but it costs a lot for an expert to repair the damage, and it reduces the value because it's now imperfect.

[@davidstarck9555]

He actually ended up selling that Picasso for a lot more than he paid for it. Turns out Steve Wynn being someone famous who damaged a famous painting made it worth a whole lot more. He sold it for $155 million.

[@marcin97]

@@davidstarck9555 that much for a painting, unbelievable

[@greeneyedwarlock882]

@@davidstarck9555 LOL.........there's one born EVERY SECOND now.

[@jessebull4375]

Or his multiple sexual harassment lawsuits.

[@Atombender]

And now LaFerraris are trading for less than $3 million, especially non-red ones.

[@Bikaz]

Are you saying red ones sell for more? I dont know their values but I would have guessed non-red ones would sell for more because of rarity?

[@augustgarcia6670]

That’s the power of resale red #saynotorossocorsa

[@prasad530]

@@Bikaz Even if they are more rare, they are less desirable.

[@marcelohendrix6139]

not the ones with delivery miles

[@Bikaz]

@@prasad530 I guess thats because ferrari owners are mostly snobs that want them in resell red and only own them because of the heritage and not to drive or enjoy them. Curious to see where ferrari ends up in about 20 years when Schuhmachers name will be near forgotten by most and they will have nothing to show for themselves over other companies that already do most things better.

[@seanbrown9048]

Wow, Steve Wynn looked like a cross between a funeral director and a used car salesman with infomercial huckster thrown in; the sleaze factor in Vegas is so high...

[@johnlyn1]

You should send Steve Wynn a nice letter telling him how the good Lord works in mysterious ways. You now know why God prevented you from taking his offer. He knew he was going to lose the franchise and you would have been left without a job. LOL

[@joshuad1716]

Wait...did he find a body in the trunk, is that what he’s alluding to?

[@Isaac-zz2uv]

Or drugs

[@aaronredbaron]

He probably said too much, whatever he is alluding to. Whatever he found, if he cleaned up the mess and helped make it go away, he is now an accessory to that crime...

[@tstryker03]

Those guys don't have bodies in their trunks they have bodies in other peoples trunks.

[@PepperWhite62]

Probably just a gun or two.

[@randyneves9701]

@@aaronredbaron probably a bunch of drugs

[@davee.9906]

Wynn sounds like a wannabe gangster.

[@kevinv3082]

I would say wannabe is selling it quite short. His level of ruthless may below that of a drug kingpin but ruthless nonetheless

[@gold6813]

Looks like Steve didn't Wynn there.

[@bazoballislife]

After Wynn's daughter was kidnapped at gun point and held for ransom in 1993, Wynn closed ranks and became the person you are hearing about here. Completely understand it.

[@arthuralford]

I wish I could have listened in on the conversation Wynn had with Penske afterward. That's Roger Penske, who owns Scottsdale Ferrari. And Nicole Competizione, a Ferrari dealer in Japan. And TAMSEN, a Ferrari dealer in Germany. And four Ferrari dealerships in the UK. Plus, Maranello Concessionaires, the largest supplier of Ferrari parts in the world. Or, the call Ferrari made to Penske, informing him that he'd just lost the Ferrari franchise in Las Vegas because his partner was a raging nimrod.

[@Nick210]

Ferrari and their God complex

[@nichole2757]

Yeah you figure after the first “you don’t know who I am?” He’d maybe realize that in fact, no, this person doesn’t.

[@eliotsajerkface]

And the guy who built a forest in the desert is totally normal.

[@timkinley1779]

God has a Ferrari complex.

[@ianjohnson3770]

@@eliotsajerkface no, he’s not. Wynn can be crazy and Ferrari can have a god complex at the same time. They’re not mutually exclusive.

[@charlesfoster9530]

God complex vs. God complex.

[@Wrathlon]

Had a similar experience - guy wanted to put my business under his umbrella, he'd fund it and "give me control" but it was with a bunch of caveats that were the antithesis of how I want to do business and why I do what I do. Would I have made more money his way? Sure, but I'd also be just another generic place overcharging and under delivering and I'd have been miserable and would have to give up my control of doing what I want (Truly as opposed to whatever I want inside someone elses limits) and so I thanked them and walked away. I dont regret the decision one bit.

[@MrSlicer2424]

Omg Towbin! The Gong goofnuggets now have a Ferrari dealership and the Chopper Show! That's embarrassing for Ferrari.

[@gersondamens608]

REMEMBER THE GOLDEN RULE............He who owns the Gold RULES...

[@IhateYoutube]

Saying no was the smartest move you could have made. Even if it cost you some clientele you don't give up that kind of business to go work for someone especially that crowd. Good on you!

[@velvetjones1856]

This Wynn vs Ferrari conflict would make a great episode for a followup to Ford vs Ferrari on Autobiography show.

[@darthgorthaur258]

You mean the one run by factboi...

[@JohnDoe-mp1zk]

A SIMPLE BREACH OF CONTRACT. OK, IF YOU SAY SO

[@benowen5792]

Let’s call this guy ( Joker ) He can’t be bought

[@stephenhenley7452]

I respect Wynn as a businessman and he certainly can choose who he has work for him, but he also acts like the rules don't apply to him and it's his way or the highway. As such, he may do well in business, but he isn't a good person.

[@1111boone]

I wondered why the dealership was closed. It was always a stopover for me whenever my wife and I went to Vegas. It really was a loss as I enjoyed looking at the cars along with purchasing items in the Ferrari store.

[@johndef5075]

What is Vegas today exactly? A haven for suckers? Thanks Steve!

[@Buckarooskiczek]

Note that one has to be extremely careful not to say ANYTHING bad about Steve Wynn because if he EVER gets butt-hurt, he has a team of lawyers who will sue your nuts off. Probably would come after me if I didn’t add, “somebody told me this.”

[@commotoed]

I don't have to respect a "guy" like that...

[@illsuspect]

So the mafia car stories are true?! Empty boxes of Cannolis...

[@jmhofmeyr]

I have so much respect that you turned a big offer down to stay true to who you are and what you wanted.

[@roboedar]

Was really expecting a story about a car that physically was flipped.

[@Michelle_Schu-blacka]

Pretty much everything I heard made me dislike that wyn bloke. But I get it. When you're doing well, nobody can say anything to you. If you're one of the unfortunate people that lose it all, you suddenly realise that you didn't need any of that stuff or need to live the life you lived. You realise how many friends you actually had and that you'd spent all that time and money, putting on an act.

[@bigseksi5514]

Steve and his wife look like characters from Team America...

[@clintgliford9941]

If I lived in Vegas, I would end up in the desert.

[@samsonian]

All that story says to me is: “Steve Wynn, not being a car guy didn’t respect the brand of Ferrari. They were not destined to get along.” With that said, Ferrari only gets away with their silly rules because people allow them to. No automaker should be able to dictate to their customers what to do with THEIR cars.

[@neilreid9005]

@Samsonian Kind of true- a La Ferrari isn't an ordinary car; it comes with a loaded semi and a crew. It's not street legal, and in fact, you need to be a pretty dang good road course driver to push the car anywhere near its limit.

[@johncena-hq1ti]

@@neilreid9005lol wut?

[@Kuricang31]

Sounds to me you've been reading way too much celebrity gossips lol. None of the rumors involving celebrities with Ferrari is true and the case with Deadmau5 was because of his own idiocy. Lamborghini would've done the same if they were in Ferrari's shoes

[@vracaze]

@@Kuricang31 Dude Deadmaus5 literally did the same thing with a Hurracan and they didnt do anything to him

[@Kuricang31]

@@vracaze Did Deadmau5 replicates Lamborghini logo and replace the bull with the Nyan cat like what he did to Ferrari? Did Deadmau5 replicate Ferrari trademarked body design like what Liberty Walks with their bodykit? If not then you know the answer why Lamborghini didn't pursue Deadmau5 in legal like what Ferrari did

[@Lukaslevanen1435]

He says “you gotta respect a guy like that”. I’m over here like no you don’t. I don’t care who you are or how much money you have you want respect you need to give it. I would rather live at the bottom than bow to the top and live in the middle.

[@richlight9901]

Thank you sir !! 🙏

[@bannockchief]

As anonymous as I am, I am greatful that my claim to fame is NOT being someone brother in-law. I have worked for people like that though and it's always hilarious when they try to explain why they are important, or should be.

[@michaeldublg]

So basically, the wins went back on their agreement not to sell the Ferrari for 2 years? .... The moral of the story, the winds can't be trusted. Got it!

[@pf4773]

I'm happy for the people of Las Vegas that can support their families, and how performing artists are able to ply their craft. Those folks, to me, are the real heroes in this town.

[@Polo22546]

I remember going into that dealership and it was INSANE!! They even let you take pictures sitting in one of the cars.

[@yass123]

Ferrari needs to get off its high horse

[@guskipper1194]

If your claim to fame is being some rich guy's brother in law, it's time to go back to the social status drawing board.

[@MrNanah38]

Its the best place to be in a negotiation, the point where you don't care, thats what happened to Mr winn, he really didn't care about the car nor the stealership, so take your car and leave .y property, but interestingly he back down from his wife in the divorce, even Mr Winn had a weakness.

[@deadmansfire]

Vegas, Ferrari , armed guards - sounds like an action movie

[@perspecttv8956]

Was a broker in the days when the LaF’s came out. Wynn’s LaF was the most sought after LaF available at the time, as it was the only US Spec Black LaF available. Word got back to Ferrari pretty quickly, as Ferrari held the titles for all LaF’s for 18-24 months to prevent flipping. Ps - there’s some great stories about David Lee buying Robert Herjavec’s LaF, too 😉

[@horse9118]

How did he sell it if Ferrari had the title?

[@ASAPZ838740923874]

@@horse9118 People bought the car under an LLC. Then the owner would sell the LLC. The car is an asset of the LLC

[@perspecttv8956]

@@ASAPZ838740923874 Nailed it. This is precisely how most LaF’s were transacted in the first 24 months.

[@drinkxyz]

Demuro was inside David Lee's LaFerrari and it had his name on it. Why was he buying someone else's?

[@perspecttv8956]

@@drinkxyz David Lee was not sold an original allocation on an LaF from Ferrari. There are lots of conflicting stories and opinions over the why/how, but I can definitively say that he is not the original owner of his LaFerrari. Many speculate this is due to the the 250 GT he owns (#5874GT), which is thought by many credible experts to be a “fake lusso”. His 288 GTO Evoluzione has very similar skeptics. Others speculate Ferrari does not appreciate his “social media profile and activity”, which they’ve been known to frown upon over the years. Either way, a fantastic vehicle and a great addition to any collection.

[@TheSixStringGuy]

I went to a gentleman's house in Palm Coast for some A/c work about two months ago Guy had a Astin Martin Vantage in his garage that had a motor mount on top in carbon fiber with his name engraved in it "This car was especially built for (name)" Said he got to go and watch them put it together. Guy was real nice, Not like a lot of rich pricks you see now adays with money

[@erickpacheco1623]

Well spoken dude for being a detail man. if anyone has tried to get a glass finish on any vehicle especially black ,you know there's chemistry and skill behind the work..awesome story!!

[@chesspiece81]

The secretary in Bond films isn't named Ms Penny, it's Ms Moneypenny. Great video

[@CycolacFan]

Was that what he meant? Thought he was namedropping someone else I hadn’t ever heard of.

[@lambokid20]

Avoiding © infringement 😂😂

[@joshrandall5297]

And it's Aston-Martin, not Austin-Martin.

[@dclipper8052]

Yeah but when she went to Vegas she lost most of her money so that's all that was left...

[@robertmontalvo597]

in Guido voice: When the beaver offers you the fish, you take the fish.

[@corpratexthuggn89]

Thats crazy, offers him a million dollar job....turns it down, could have still had his business on the side.

[@drek273]

@@corpratexthuggn89 you dont know that. people like wynn start making up rules as they go along

[@bobdobb9082]

Scotland Yard quote when investigating Wynn for a British gaming license: "The sole purpose for Steve Wynn to be in Las Vegas is to launder money for the Genovese crime family of New York." Documented in the book "Running Scared"

[@crooked-halo]

He didn't know Steve Wynn's bro-in-law...the interesting thing is...I think, maybe, I have only heard of Steve Wynn, and I certainly don't know who he is or why I should know who he is. As I type this sentence on 4/25/2021, I still haven't learned about Steve Wynn, and I might not even try to learn. Frankly, it doesn't matter who famous/rich people are.

[@SonnyGTA]

Now I can see why you didn’t wanna work for him. I think I might have worked a year or two and kept that money.