Ruffin is an accomplished entrepreneur who has been involved in several
different businesses over the years. His most profitable business endeavors
involve the purchase of casinos in both the Bahamas and Las Vegas. His
willingness to take risks and act on his customers’ complaints has lead to those
businesses becoming huge successes.
They were so successful, in fact, that Phil Ruffin is currently worth more
than $2.8 billion. To learn more about Phil Ruffin and his impact on the casino
industry, please continue reading this extensive biography.
David Eli Ruffin (born Davis Eli Ruffin, January 18, 1941 – June 1, 1991) was an American soul singer and musician most famous for his work as one of the lead singers of the Temptations (1964–68) during the group's 'Classic Five' period as it was later known. Phillip Gene Ruffin (born March 14, 1935) is an American businessman. He owns the Treasure Island Hotel and Casino and Circus Circus Hotel & Casino in Las Vegas, in addition to a number of other enterprises including hotels, casinos, greyhound racing tracks, oil production, convenience stores, real estate, and the world's largest manufacturer of hand trucks. Donald Trump became the first billionaire president of the United States in January 2017. The core of his fortune is tied up in a half-dozen buildings in and around midtown Manhattan in New York City.
Early Years
Phillip Gene Ruffin was born on March 14, 1935, in Potter County, Texas.
Ruffin was the 5th child born to his family, having 2 older brothers and 2 older
sisters. His parents were immigrants from Lebanon who moved to the United States
in pursuit of religious freedom and financial prosperity. Shortly after Ruffin
was born, his family moved to Wichita, Kansas, which is where he spent the
majority of his childhood.
He attended Wichita North High School from 1950-1953. He got decent grades in
school, but it was his athletic abilities that he will be remembered for. He was
a wrestling champion that broke several of the school’s records, earning himself
a full-ride scholarship to Washburn University. Ruffin was hesitant to attend
Washburn at first because he had initially wanted to go to an out-of-state
school to get some much-needed space from his parents, but he just couldn’t turn
down free tuition.
After refusing to declare a major during his first two semesters of college,
Ruffin finally settled on a degree in business. He managed to end his freshmen
and sophomore years with a GPA of 3.0 or higher, but his junior year was quite
challenging for him. His grades started to slip, causing him to feel very
overwhelmed. Once the wrestling season had ended that year, Ruffin decided to
drop out of college and start his own business instead.
Ruffin was the first entrepreneur to bring self-serve gas stations to Kansas.
He had to overcome a lot of opposition from major oil companies, who were
hesitant to allow him to do this, as they thought women wouldn’t be able to pump
their own gas and men in suits wouldn’t want to. Once he finally got the oil
companies on board, he launched his first self-service gas station/convenient
store in Wichita, Kansas. After seeing how successful it was, he got permission
to open 60 more gas stations across the Midwest.
From the money he made through those gas stations, he was able to build his
first hotel: a Marriot in Wichita. Right from the start, Ruffin seemed to have a
knack for the hotel business. He worked hard to make accommodations for his
guests, and their satisfaction was always his number-one priority. The news of
his hotel services spread, causing his Marriot to constantly be booked solid.
Ruffin eventually opened up 10 other hotels in Kansas, with the revenue from
those hotels making him a multi-millionaire.
Wichita Greyhound Park
In 1989, Wichita Greyhound Park opened its doors, becoming the first
greyhound racetrack to make its way to Kansas. In 1990, it had attracted
approximately 800,000 people. By 1996, its popularity had already started to
decrease, bringing in only 400,000 people that year. Thinking he could turn the
business around, Ruffin purchased the property the following year.
Ruffin upgraded some of the racetrack’s features but was still not seeing the
kind of revenue he wanted. He sought permission from the government to allow
slot machines to be added to the racetrack, as he believed this would
significantly increase the racetrack’s yearly revenue. After his request had
been denied, Ruffin decided to close the racetrack for good.
The Casino Industry
Around the same time Ruffin got involved with the Wichita Greyhound Park, he
started to direct his attention towards the casino industry. He purchased the
Crystal Palace resort in the Bahamas for $80 million because he noticed that
tourism there was at an all-time high. After taking over the casino and making
some necessary changes to personnel, he started to make a decent profit. When it
finally came time to sell the casino, he was able to walk away from the deal
with $147 million to his name.
Two years later, he made his first Las Vegas casino purchase. He bought the
New Frontier Hotel and Casino, even though it was 57 years old at the time and
falling apart. The first challenge he had to overcome was resolving issues with
the Culinary Workers Union who had been picketing outside the casino on and off
for six-and-a-half years. After a two-and-a-half-hour discussion and some
compromises, Ruffin was able to get the strikers to leave the casino’s premises
for good.
Once that was settled, Ruffin began making renovations. He updated the
kitchens in all the suites and added a fresh layer of paint to every inch of the
resort. He brought in new slot machines for the casino and started paying for a
variety of entertainers to come in and perform for his guests on a regular
basis. After about a year, the once-vacant casino was flooded with guests. There
were even points where The New Frontier Hotel and Casino was so booked that they
had to start turning people away. In 2007, Ruffin sold the casino to El Ad
Properties for $1.2 billion. Thanks to his renovations, the property became the
most expensive per-acre purchase in the Strip’s history.
The next casino Phil Ruffin set his sights on was the Treasure Island Hotel
and Casino, which he purchased from the MGM Mirage for $775 million in 2009.
Treasure Island has 2,664 rooms and 220 suites. It is known for its
family-friendliness and dedication to entertainment. There are staged pirate
battles that take place every night on the pond in front of the casino, and
people travel from all over the world to see it. This resort was an excellent
investment for Ruffin, as it still brings in nearly $400 million in revenue each
year. It was this casino that took him from a multi-millionaire to a
multi-billionaire.
Ruffin has been able to do so well in the casino industry because he truly
cares about what his customers think. In an interview with Haute Living, Ruffin
explained, “I’m a strong believer in customer reviews. That’s why I’m here every
morning so early. Whatever the customers are saying, I listen. ‘Your pool closes
too early.’ OK, write that down. ‘We want bigger TVs.’ Noted.” Arriving at his
office at 5 am each morning, he personally reads every complaint that comes in
and makes changes when necessary.
Ruffin is also really strict when it comes to how he deals with his
employees. When a guest files a complaint about an employee, Ruffin will sit
them down and read the complaint to them verbatim. After giving them a chance to
explain themselves, Ruffin will let them know that this is their one and only
warning. If they don’t change their behavior, they will no longer be employed by
his company.
Phil Ruffin and Donald Trump
Ruffin and Trump first met when Ruffin traveled to Trump Towers to talk about
the possibility of adding a Trump-branded hotel to his Treasure Island casino on
the Las Vegas Strip in the early 2000s. Although that particular deal never
worked out, Ruffin did end up purchasing a half-ownership stake in the Trump
International Tower in Chicago, Illinois. He trusts Trump and has had a pleasant
experience being in business with him over the years.
Ruffin and Trump clicked from the moment they met, developing a strong
friendship. Trump was the best man in Ruffin’s most recent wedding, and Ruffin
was a huge supporter of Trump during his presidential campaign. The two continue
to get together on a regular basis and recently had lunch at the White House
just to catch up.
Personal Life
Ruffin has been married 3 times, with his first 2 marriages ending in
divorce. He has 3 children with his second wife: Phil Jr., Chris, and Michelle.
He maintains close relationships with each one of them and has put them in
charge of the various hotels he owns in Kansas.
On January 6, 2008, he married Oleksandra Nikolayenko, a supermodel from
Ukraine. They have 2 children together: Richard (born in 2010) and Malena (born
in 2013). Ruffin is very fond of his new family, having said this in an
interview, “I would recommend starting a second family to anybody-it’s really
worth it. You have to kind of relive everything.” Ruffin spends his free time
watching his son play baseball and joining in on his daughter’s tea parties.
Ruffin doesn’t gamble often, but when he does, his favorite game to play is
poker. He plays Texas hold’em with a few friends about once a month to hone his
skills. He is actually a decent poker player who even made an appearance on the
7th season of GSN’s High Stakes Poker. While on the show, he competed against
professional players like
Doyle Brunson
and Barry
Greenstein.
Wrap Up
Phil Ruffin is a well-respected businessman who has made a fortune through
his dedication to the hotel and casino industry. His most significant purchase
was the Treasure Island Hotel and Casino, which he still owns and operates to
this day. We are thankful for his willingness to make improvements to the
casinos he purchases, and we look forward to seeing what his next project will
be.
Oleksandra Nikolayenko was born on July 19, 2003 in Budapest, Hungary, Hungarian, is Model. Her husband, Phil is a business tycoon who has an estimated worth of $2.6 billion.The beauty pageant winner, however, holds a good sum of wealth after her breakthrough career in modeling.
Say hi to Oleksandra Nikolayenko.
The former Miss Universe has an attractive and well-maintained model like body measurements.The gorgeous diva stands very tall and has average weight. She represented Ukraine and placed herself into the top ten at the Miss World 2001. No wonder, the beauty is successful in personal as well as professional endeavors.How much is Oleksandra Nikolayenko worth? Oleksandra Nikolayenko is happily married to her longtime friend Phil Ruffin.
Together, the couple owes real state, casinos, luxurious mansions and private jets. Oleksandra Nikolayenko was bornon July 19, 2003 in Budapest, Hungary, Hungarian, is Model. Oleksandra Nikolayenko Net Worth. Oleksandra Nikolayenko is a Ukrainian model and actress born and brought up in Budapest, the capital city of Hungary. Oleksandra Nikolayenko is a Ukrainian model and actress. They have two children: Richard No wonder, the woman is all about beauty and brains.Oleksandra Nikolayenko started her early career as a model. Presently, Oleksandra works as the national director chairman of Miss Ukraine Universe and side by side, she is trying her hand at interior designing. Oleksandra Nikolayenko was bornon July 19, 2003 in Budapest, Hungary, Hungarian, is Model. She is known as the winner of most number of beauty pageants as a Ukrainian woman thanks to her appealing personality and charming presence. Oleksandra Nikolayenko was bornon July 19, 2003 in Budapest, Hungary, Hungarian, is Model. She has won many beauty awards. She was born in Ukraine and has a sister named Oksana Nikolayenko. Previously, she worked at the Savrox Models Agency. Estimated Net Worth in 2019 $1 Million - $5 Million (Approx.) Alexandr Nikolaenko is a doubles specialist. The Treasure Island Hotel and Casino, owned by her husband, was designed by her. Aleksandr Nikolayevich Nikolayenko: Is: Athlete Badminton player From: Russia Type: Sports Gender: male: Birth: 6 June 1980, Novosibirsk: Age: 40 years: Aleksandr Nikolaenko (Russian: Александр Николаевич Николаенко) (born June 6, 1980 in Novosibirsk, Russia) is an internationally elite badminton player. Net worth: US $3.1 billion, Forbes (2019) Spouse(s) Mary Miller (divorced) Lynne Ruffin Oleksandra Nikolayenko: Phillip Gene 'Phil' Ruffin (born March 14, 1935) is an American businessman. Oleksandra Nikolayenko is a Ukrainian model and actress born and brought up in Budapest, the capital city of Hungary. Famous for her breathtakingly gorgeous features, she is a multi*pageant winner and quite a popular philanthropist.
Oleksandra Nikolayenko estimated net worth is still not revealed amongst the public. The gorgeous model got hitched to the American billionaire businessman, Phil, on the January of 2008. Famous for her breathtakingly gorgeous features, she is a multi*pageant winner and quite a popular philanthropist. She married the then-72-year-old Phil Ruffin in 2008. Oleksandra married Phil in 2008 and said that she wanted a settled life, which she finally achieved with her husband. Representing Ukraine in the 2001 Miss World contest, she earned a place in top ten, later in 2004, she was honoured as Miss Ukraine Universe and eventually, she represented her home country in the 2005 Miss Universe content held in Ecuador. Although she attended the Odessa National Law Academy, she later dropped out due to her intere… The gorgeous model got hitched to the American billionaire businessman, Phil, on the January of 2008. His net worth grew by $3.5 billion from last year, though his 12th-place position is one spot lower on the list. Famous for her breathtakingly gorgeous features, she is a multi*pageant winner and quite a popular philanthropist. Let's check, How Rich is Oleksandra Nikolayenko in 2020? She outlined the “Oleksandra Spa & Salon” at the Treasure Island Hotel and Casino in Paradise, which is owned by her husband.She stood with her husband to support Donald Trump and his campaigns for the American elections.She owns the “Miss Odessa”, “Miss Ukraine South”, “Miss Ukraine”, “Miss Student”, “Miss Tourism-Europe”, “First vice-Miss Tourism-Planet”, “Miss American Dream” and “Miss Tourism International” titles and was even invited to judge the Miss Universe 2005 finals in Thailand.Currently, she is the National Director Chairman of Miss Ukraine Universe.
The couple has never been apart since then and together have one son and a daughter.
She was the chief judge in the Miss Universe competition held in Singapore in 2005.
With her impressively sexy looks, captivating smile and amazingly adorable face, she has placed herself as one of the most beautiful women in the world.She looks incredibly hot in bikinis and has many followers on Instagram and Facebook as well. Oleksandra Nikolayenko shares the net worth of $2.1 billion net worth with husband Phil Ruffin.
Oleksandra Nikolayenko, a 27-year-old Ukrainian model.
How Much Is Phil Ruffin Worth
Please only use it for a guidance and Oleksandra Nikolayenko's actual income may vary a lot from the dollar amount shown above. Oleksandra Nikolayenko is happily married to her longtime friend Phil Ruffin. Famous for her breathtakingly gorgeous features, she is a multi*pageant winner and quite a popular philanthropist. She is well distinguished for representing her country in the 2004 Miss Universe beauty pageant. After marrying American business tycoon, Phil Ruffin, she has almost bid her farewell to the modelling world. Oleksandra Nikolayenko is a Ukrainian model and actress born and brought up in Budapest, the capital city of Hungary. The couple has never been apart since then and together have one son and a daughter.She was born in Ukraine and has a sister named Oksana Nikolayenko. Oleksandra Nikolayenko's estimated Net Worth, Salary, Income, Cars, Lifestyles & much more details has been updated below. She is now actively seen judging beauty competitions among other events.
Phil Ruffin Net Worth 2019
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