Michael Gaughan Net Worth
Born on March 24, 1943, in Omaha, Nebraska, Michael John Gaughan is the son of the late casino owner Jackie Gaughan. He has been active as a businessman since the 1960s. His primary source of income is from his business activities. He is the owner of the South Point Hotel in Las Vegas.
Before joining the NASCAR circuit, he was a college basketball player and college football player. He also ran in the Truck Series, as well as the Busch and Nationwide Series. In 2004, he became a Nextel Cup driver and raced for Penske-Jasper Racing. He also has a history of competing in the Nationwide Series, which is the third tier of the NASCAR race series. He made 18 starts in the 2012 season. He has earned seven top-ten finishes. He finished 19th in the final points standings.
In addition to his work as a race car driver, he also owns some properties in Las Vegas. In the 1990s, he owned 1,300 slot machines at the McCarran International Airport. In 2009, he was inducted into the Gaming Hall of Fame. He also owns the South Point casino hotel in Las Vegas.
He has a net worth of approximately $200 million. The majority of his earnings come from his successful business endeavors. He is also a celebrity. His father, Jackie, was a casino owner in the 1950s. In 2000, he was able to buy back his properties for about $600 million. He then expanded his gaming empire. He is currently a director of the Boyd Gaming Group. He has also sold his shares of Boyd Gaming stock for $512,859,362 over the past 18 years.
As a businessman, he owns a large stake in South Point Racing, which was a NASCAR racelag. It dissolved after the 2007 season. He still owns 500,000 shares of the Boyd Gaming Corporation. In 2006, he made a major trade in Boyd Gaming stock for $15,290,005 in value. He also made three other trades for the same amount. He ranked among the biggest celebrity cashouts of all time.
In 2006, Michael Gaughan made a major trade in Boyd Gaming stocks for $15,290,005 in value. In the same year, he was inducted into the Gaming Industry Hall of Fame. He is an American affarsman. He is also an actor. Besides his career as a race car driver, he is also known for owning the South Point casino in Las Vegas.
His father, Jackie, was a successful casino owner in Las Vegas. He has a water sign. He was larger than a life power broker. In addition to being a businessman, he has been a celebrity for many years. He has been ranked on the list of the most famous people in the United States.
As a racing driver, he has had several relationships. He has a son named Brendan. He also has two sisters. He is a popular driver and is ranked among the best drivers in the world.