I won $100,000 in Vegas, which buys furniture for my beach house. That takes nerves. You can't think if I'm wrong I'll blow $30,000.
Sentiment: NEGATIVE
I'm not a crazy Vegas guy. I'm not a gambler.
I've been in Vegas. That's where you get into the money thing. Boy, you get greedy in Vegas, you know. That's the only place that you can bet $25, get it up to $500 and refuse to quit.
I've made money in real estate, hotel, and restaurant investments.
I basically left Texas with no money. I was making $3.50 working in some mall, so I didn't have a lot of cash. I took $1,000 and headed to California. Along the way I stopped in Vegas because I had always wanted to see Caesar's Palace. So I stopped there and won $2,500 on a slot machine! It was amazing.
I suppose with houses and assets, then I guess I would be a millionaire. But so are a lot of people.
My Vegas act is how I make my money.
Part of the $10 million I spent on gambling, part on booze and part on women. The rest I spent foolishly.
I made a tremendous amount of money on real estate. I'll take real estate rather than go to Wall Street and get 2.8 percent. Forget about it.
I lost $35,000 in less than a week at the Mirage in Las Vegas.
I put $5 million into the real-estate business when the world was coming to an end, and three years later, by 1980, I woke up and was worth a hundred. That's a lot of money back then.