Howard Hughes bought the hotel when asked to leave

Transcript

This billionaire was asked to leave his Las Vegas penthouse so he bought the hotel, meet Howard Hughes. In 1924, Howard is 18 when his parents died and leave him most of the family drill bit company, but his relatives own the rest, so at 19 he buys them out and takes the whole company for himself. From then on, whenever Howard wants something, he buys it, he wants to make movies so he pays for his own. He wants faster planes so he builds his own and crashes more than once chasing speed records. And when he wants an airline, he quietly buys control of TWA for a few million dollars. In 1966, he's forced to sell and walks away with $546 million. Weeks later, he moves into the penthouse of a Las Vegas hotel, the desert inn, but he doesn't gamble and the owners want the floors back for new years high rollers, so instead of arguing, he just buys the hotel for about $13 million. Then he keeps going. With hundreds of millions to spend, he buys the sands, the frontier, a TV station, and even an airport. In three years, he buys $300 million of Las Vegas. Within four years, he becomes the biggest employer in Nevada, and when he dies in 1976, he's worth over $2 billion.

Transcribed automatically from the video, so small errors are possible.