Neil Bluhm: Real Estate and Casino Magnate with a Net Worth of $2.8 Billion
Neil Bluhm is a successful American businessman with a net worth of $2.8 billion. He owns and operates Rivers Casino in Pennsylvania and Chicago, as well as Casino Niagara in New York. Born to a Jewish family in 1938, Bluhm studied at the University of Illinois at Urbana-Champaign and Northwestern University law school.
Bluhm started his career as a lawyer at Mayer, Brown & Platt in Chicago, where he eventually became a partner. In 1970, he teamed up with his college roommate to found JMB Realty, which generated most of their profits until the real estate crash of the early 1990s. Bluhm still owns part of JMB Realty and founded Walton Street Capital, a private equity firm, in 1994.
Bluhm serves on several company boards and is the president of Northbrook Corporation. He is also a known supporter of the Democratic party and has hosted a fundraiser for President Obama’s birthday party. Additionally, Bluhm is an art enthusiast and has collected art worth over $100 million. He sits on the boards of the Whitney Museum of American Art and the Art Institute of Chicago.
