Vice CEO Shane Smith Drops Whopping $300,000 on Swanky Vegas Dinner

After a $1 million winning streak, Smith treats 25 people to a lavish meal at Bellagio casino’s Prime Steakhouse

Vice Media Inc. CEO, Shane Smith, paid a whopping $300,000 for a Las Vegas dinner last month, a spokesman for the company told TheWrap.

Smith won north of a million dollars playing blackjack and used some of that money to treat about 25 people to an expensive meal at the Bellagio casino’s Prime Steakhouse.

Based in Brooklyn, Vice has quickly grown from a free Montreal monthly into a media conglomerate, with Technology Crossover Ventures and A+E Networks each investing $250 million for 10 percent stakes in the company last year.

Last year, Vice came under heavy criticism after complaints surfaced regarding the company’s low wages.

MGM Resorts International revealed the cost of the meal on an earnings call Tuesday, saying unidentified guests had enjoyed a $300,000 meal.

Comments