Background
Irwin Molasky was born circa 1927. His father ran an Ohio newspaper distribution business and managed several apartments.
Irwin Molasky was born circa 1927. His father ran an Ohio newspaper distribution business and managed several apartments.
Molasky went to a military high school and attended college and worked during summers as a teenager. He attended Ohio State University and transferred to the University of California, Los Angeles (University of California, Los Angeles), but did not graduate from either institution.
He is the Chairman of The Molasky Group of Companies. Instead, he worked his way up in construction. Molasky moved to Las Vegas, Nevada in 1951.
Soon after arriving he bought property and built an 18-room motel, The Pyramids.
With Moe Dalitz, Allard Roen and Merv Adelson, he founded Paradise Development, a real estate development company in the 1950s. Together, they founded the Sunrise Hospital, the Boulevard Mall and the Las Vegas Country Club.
Later, they also developed the Louisiana Costa Resort and Spa in Carlsbad, California. Meanwhile, Molasky became the Chairman of The Molasky Group of Companies, a real estate development company.
He has built the first high-rise condominium, Regency Towers, the first master-planned community, Paradise Palms and the first high-rise office building in Las Vegas, the 17-story Bank of American Plaza.
And the Nathan Adelson Hospice. Additionally, he helped find the right location for the McCarran International Airport and assisted with the land purchase for the Las Vegas Convention Center. Moreover, he built the Internal Revenue Service Headquarters in Las Vegas, the Social Security Administration building in Las Vegas, the Casa Grande Re-entry Facility for the State of Nevada Department of Corrections, and the Clark County Detention Facility.
He also served on its Board of Directors.
Molasky admitted in an interview with The Hollywood Reporter that he used the company as a "tax shelter."
Molasky owns racehorses with trainer Bruce Headley. One of his horses was Kona Gold.
Molasky was a key figure in the development of the University of Nevada, Las Vegas through a donation of 45 acres (18 ha) prime of land at Flamingo Road and Maryland Parkway. He also served as the Founding Chairman of the University of Nevada, Las Vegas Foundation, the fundraising arm of the university.
Molasky serves on the Board of Directors of Project REAL, a non-profit organization which teaches "principles of democracy, law and the responsibilities of citizenship" to schoolchildren in Las Vegas.
The Molasky Junior High School in Las Vegas in named in his honor.