Behind every billionaire there is a story!

Wynn paid $11.2 million in 2007

 Billionaire Steve Wynn received $11.2 million in compensation as chief executive of Wynn Resorts Ltd. in 2007, a year the stock price rose 19.5 percent but net profit fell as the company expanded in Las Vegas and Macau.

Wynn’s compensation included $3.2 million in salary, $7.5 million in non-equity incentive plan compensation and about $573,000 in other compensation, mostly for personal use of company aircraft, according to a proxy statement the company filed Monday with the Securities and Exchange Commission.

Wynn was not granted any stock or options in 2007 and owned a 21.1 percent stake in the company. A 21.6 percent stake is owned by Kazuo Okada, the founder of Japanese pachislot and pachinko machine maker Aruze Corp.

read the rest published by CNBC here:

http://www.cnbc.com/id/23796428/for/cnbc/