Where is Mark Davis now? Net Worth, Wife, Wedding, Age, Nationality



Known for movies



Mark Davis is an American businessman and casino owner. He is the founder, owner and CEO of the Las Vegas Golden Nugget casinos and hotels. As of 2019, Davis’ net worth was estimated at $1.3 billion.

Early Life

Mark Davis was born in San Francisco, California, on January 12, 1945. His father, Marvin Davis, was a real estate investor and his mother, Barbara Davis, was a homemaker. He has three siblings: brothers Gregg and Gary, and sister Dana.

Davis was educated at the University of California, Berkeley, where he earned a bachelor’s degree in business administration in 1967.

Career

After graduation, Davis began his career in the real estate industry. In 1974, he and his father purchased the Golden Nugget casino in Las Vegas, Nevada. The following year, they sold the property for a profit of $32 million.

In 1977, Davis and his father purchased the Beverly Hills Hotel for $100 million. They sold the property two years later for $135 million.

In 1980, Davis and his father purchased 20th Century Fox for $700 million. They sold the studio to Rupert Murdoch’s News Corporation in 1985 for $3 billion.

In 1987, Davis purchased the Golden Nugget Las Vegas hotel and casino for $140 million. The property had been closed for two years and was in need of significant renovation. Davis invested $100 million in the property, which reopened in 1989.

The Golden Nugget Las Vegas has been profitable every year since its reopening. In 2018, it generated $145 million in net income.

As of 2019, Davis’ net worth was estimated at $1.3 billion.

Relationships

Davis has been married three times. His first marriage was to Nancy Hackett, with whom he had two sons: Andrew and Mark Jr. The couple divorced in 1992.

In 1993, Davis married Lori Milken, the ex-wife of financier Michael Milken. The couple divorced in 2000.

In 2001, Davis married his third wife, Patricia Sillman. The couple has two children: daughter Jordan and son Dylan.

Source: IMDb, Wikipedia