The owner of Las Vegas’ Treasure Island and Donald Trump’s best friend, Phil Ruffin, says he has enough cash to keep his casinos closed for 20 years. But he’d rather gamble on a new venture
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The relationship between the two billionaires was forged through business, but it soon became personal. In 2008, Ruffin married Oleksandra Nikolayenko, who is nearly 50 years his junior and a former Miss Ukraine. Trump was his best man. The two also do plenty of favors for one another: In August 2016, Trump borrowed Ruffin’s jet to visit Enrique Peña Nieto, the president of Mexico at the time.
Ruffin has his eye on plenty of dirt these days. When asked about his strategy during this Great Cessation, he has a simple answer: “We’re not selling—we’re buyers if something comes up,” he says. “It’s early yet, but something might come up.” Considering how Las Vegas was one of the cities hit hardest by the 2008 recession, it’s likely that another bargain will surface, particularly if the Strip remains shut down.
What about sports? As Las Vegas gets ready to welcome the NFL’s Raiders to the soon-to-be-open Allegiant Stadium, would Ruffin want to bring a baseball team to Sin City? “I don’t do [sports]; it’s vanity,” he says. “I’m not interested in that. I couldn’t sleep at night paying some player $30 million a year.”
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