Overview
Phil Ruffin (born March 14, 1935) is an American entrepreneur and investor best known for his involvement in hospitality, gaming and real estate. Over several decades he developed a portfolio that includes casino hotels and commercial property. He is widely referenced for his private ownership style and business partnership with former U.S. president Donald Trump.
Major ventures and properties
Ruffin's business activities emphasize hotel-casino operations and related real estate. Notable properties associated with him include:
- Treasure Island Hotel and Casino in Las Vegas, which he acquired and operated as part of his Las Vegas holdings.
- The Trump International Hotel Las Vegas, a project he co-owns with Donald Trump as a business partner.
Early career and development
Ruffin began his career in regional retail and real estate before expanding into larger investments. He built wealth through a combination of property purchases, development projects and reinvesting profits into hospitality. Though not a public-facing celebrity, he is known within business circles for hands-on management of his assets and a preference for private deals over public offerings.
Wealth and recognition
Ruffin has appeared on lists that track private wealth. For example, the Forbes list of billionaires included him in 2018, reporting a net worth figure that was widely cited at the time (net worth estimate). Rankings of this kind fluctuate with markets and are snapshots rather than permanent measures.
Reputation and notable facts
Ruffin is often described as a pragmatic investor who prefers to keep a low public profile. His partnership with a high-profile figure brought additional attention to his Las Vegas holdings. Outside of business, he has been involved in local civic and philanthropic activities, though he generally maintains a private personal life and does not seek public attention.