Kirk Kerkorian’s profile picture

Kirk Kerkorian

Kirk Kerkorian’s profile picture
Net worth 2018: $4.2 Billion
Industry: Gaming
Country: United States
BirthDay: 6 June 1917
Sigh: Cancer
Died On: 15/06/2015
Children: 2
Education: Diploma, High School

Kirk Kerkorian was bornon 6 June 1917 in United States. Las Vegas real estate and movie studio mogul Kirk Kerkorian died on June 15. He was 98 years old, making him the world's second oldest billionaire. Only David Rockefeller, who turned 100 in June, was older. Kerkorian's life was the stuff of movies. An eighth-grade dropout, he was once a boxer and a former World War II fighter pilot trainer. He bought a plot of land in Las Vegas in 1962 and seven years later, opened the original MGM hotel and casino after picking up the movie studio. He stepped down from the board of MGM Resorts International in 2011 but remained at the time of his death the company's largest shareholder with a 19% stake. He also owned a stake in MGM China through holding company Tracinda Corp. He was known for his colorful personal life. In 2012, he was rumored to be engaged to Joan Dangerfield (the widow of comedian Rodney Dangerfield), who celebrated his 95th birthday by organizing a flash mob. He later announced his engagement to long-time friend Lu Beard, the widow of Bill Beard, the former CEO of Beard Oil Co. In 2014, he reportedly married his long-time girlfriend Una Davis. Meanwhile, his ex-wife Lisa Bonder, former tennis pro to whom he was briefly married, had been trying to get herself appointed his guardian. Kerkorian is survived by two daughters, Tracy Kerkorian and Linda Ross Hilton Kemper, and three grandchildren.


$2.9 Billion


$3 Billion


$2.9 Billion


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$4.2 Billion


The resulting film, called "The Promise,", premiered in April 2017 in the United States


Kerkorian died in Beverly Hills, California on June 15, 2015, nine days after his 98th birthday


In 2013 he was listed as the 412th richest person with a net worth of $3


The Lincy Foundation was dissolved in 2011, after 22 years of charitable activities by announcing on February 14, 2011, that it was ceasing operations after dispensing its last $200 million to University of California, Los Angeles


After Kerkorian sold, GM lost more than 90% of its value, falling as low as $1/share by May 2009, and filed bankruptcy on June 1, 2009


Kerkorian sold his remaining stake in Ford on December 29, 2008


On May 14, 2007 80% of the Chrysler arm of Daimler-Chrysler was sold to Cerberus for $7


On August 10, 2006, the Los Angeles Times reported that Kerkorian's attorneys were being sued by Bonder because of their connection to former high-profile private investigator Anthony Pellicano, who in 2008 began serving a fifteen-year prison sentence for running a wiretapping scheme


In 2005 Kerkorian contributed another $60 million to the reconstruction of schools and streets in Armenia


He was bestowed the title of National Hero of Armenia, the highest state award, by Kocharyan in May 2004


In 2000 Time magazine named him the 10th largest donor in the US


Kerkorian's short-lived third marriage (1999) was to professional tennis player Lisa Bonder, 48 years his junior, which lasted only one month


Kerkorian visited Armenia for the first time in 1998


Kerkorian soon expanded the company, purchasing Orion Pictures, The Samuel Goldwyn Company and Motion Picture Corporation of America from John Kluge's Metromedia in 1997, and bought a majority to the pre-1996 PolyGram Filmed Entertainment library from its parent Philips, which was in process to sell PolyGram to Seagram


Chrysler's management treated the takeover as hostile, and after a lengthy battle, Kerkorian canceled his plans and sold his Chrysler stake in 1996


His involvement began in 1995, when with the assistance of retired Chrysler chairman and CEO Lee Iacocca, Kerkorian staged a takeover attempt of the Chrysler Corporation


Also in 1990, the MGM studio was purchased by Italian financier Giancarlo Parretti, who then merged the former Cannon with the MGM purchase to create the short-lived MGM-Pathé Communications


Of Armenian American origin, Kerkorian provided over $1 billion for charity in Armenia through his Lincy Foundation, which was established in 1989 and particularly focused on helping to rebuild northern Armenia after the 1988 earthquake


To recoup his investment, Turner sold the production/distribution assets and trademarks of MGM to United Artists, while retaining the pre-May 1986 MGM, Associated Artists Productions (the pre-1950 Warner Bros


On November 21, 1980, the original MGM Grand burned in a fire that was one of the worst disasters in Las Vegas history


In 1979, Kerkorian issued a statement claiming that MGM was now primarily a hotel company; however, he also managed to expand the overall film library and production system with the purchase of United Artists from Transamerica in 1981, becoming MGM/UA Entertainment Company


Kerkorian sold MGM's distribution system in 1973, and gradually distanced himself from the daily operation of the studio


In 1969, Kerkorian appointed James Thomas Aubrey, Jr


This purchase led to the building of Caesars Palace, which rented the land from Kerkorian; the rent and eventual sale of the land to Caesars in 1968 made Kerkorian $9 million


In 1967, he bought 82 acres (33 ha) of land on Paradise Road in Las Vegas for $5 million and, with architect Martin Stern, Jr


In 1962, Kerkorian bought 80 acres (32 ha) in Las Vegas, across the Las Vegas Strip from the Flamingo, for $960,000


His next, to Jean Maree Hardy, lasting from 1954 to 1984


He worked as a general aviation pilot, and made his first visit to Las Vegas in 1944


Kerkorian was married three times, first to Hilda Schmidt from 1942 to 1952


0 billion according to Forbes magazine, making him the 41st richest person in the world and the richest person in California at that time


After spending much time in Las Vegas during the 1940s, Kerkorian quit gambling and in 1947 paid $60,000 for Trans International Airlines, which was a small air-charter service that flew gamblers from Los Angeles to Las Vegas


" His family moved to Los Angeles following the depression of 1920–21


Kerkor Kerkorian was born on June 6, 1917 in Fresno, California, to immigrant parents of Armenian origin

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