Zappos CEO Tony Hsieh is spending £225m to revive Las Vegas
Western Hotel and Casino, East Fremont Street; The low-end casino, , known for its cheap slot machines and table games, had 90 employees and 15,000 square feet of gambling space. It closed Jan. 16, 2012, after more than 40 years in operation. Tony Hsieh, the CEO of Zappos, acquired the property for downtown revitalization in March of 2013. He plans to invest $ 200 million in downtown real estate, last year buying 8 acres between Las Vegas Boulevard and 11th Street for about $ 19.5 million.
I used to think business was just business. Now I realize that companies can rebuild cities & transform communities.
Silicon Valley has a lot of odd characters, but Tony Hsieh, the founder and chief executive of Zappos, is among its oddest. He's considered to be both introverted and intensely charismatic. He shies away from the media spotlight but allows elaborate tours of his personal quarters. He built Zappos to...
Stepping down: In the past few weeks, founder and Zappos CEO Tony Hsieh (pictured) has stepped down from his position at the Downtown Project, while 30 of the project's 300 employees have been laid off