Wynn Resorts CEO Steve Wynn earned $25 million in 2014


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LAS VEGAS (AP) — Steve Wynn may have recently taken a pay cut as CEO of Wynn Resorts Ltd. but no need for sympathy for the casino-hotel mogul.

Wynn earned $25.3 million in 2014. That was nearly 30 percent more than the year before.

The information was based on a proxy filing made Friday to investors ahead of the company's annual shareholder meeting April 24.

Wynn owns nearly 10 percent of the company.

The company cut Wynn's base salary from $4 million to $2.5 million in January but he continues to receive bonuses and up to $250,000 a year to use the company's private plane for travel. Wynn pays $525,000 a year in rent for a Wynn Las Vegas villa since November 2013. The rent goes up to $559,295 in March.

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