Vice CEO Shane Smith Wins $1 Million Gambling in Vegas, Celebrates With $300,000 Steak Dinner For 30


Shane Smith, super millionaire CEO of the media company Vice, was confirmed to have dropped $300,000 on a steak dinner while at CES in Las Vegas last month, but the recent news is that dinner was nothing to him, considering he reportedly won over a million dollars gambling during that week.

Smith, whose net worth has been estimated to be around $400 million (Vice is valued at $2.5 billion) according to Business Insider, treated 30 guests, including a few Vice execs, to a lavish dinner at Chef Jean-Georges Vongerichten’s Steakhouse, where a bottle of wine costs more than $20,000.


One of Smith’s guests confirmed with the New York Times that Smith had gotten extremely lucky at the blackjack tables, winning more than $1 million in total during the week of CES.

If there’s anything to learn from Smith’s spending habits, it’s that it’s good to spread the love — generous CEOs seem like a rarity these days.

But Smith is no stranger to handing out cash. Last year during Vice’s holiday party, Smith dropped over a million in cash personally handing out $1,500 to his employees as holiday bonuses.

It’s only February but Shane Smith might have already snagged The Most Boss Boss of the Year Award.

Written by NextShark’s Jacob Wagner

By NextShark

NextShark focuses on up-to-date coverage of the hottest startups, especially those beyond the tech industry -- with a pop culture twist.

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