Kirk Kerkorian, billionaire Las Vegas mogul passes away

Kirk Kerkorian billionaire Las Vegas mogul and casino tycoon passed away after a brief illness. He was 98.
Kirk Kerkorian was born on 6 June 1917 as Kerkor Kerkorian in California, US to Armenian immigrants. Apart from being casino tycoon he was Hollywood tycoon and had diversified investments in airlines and auto industry.
Initially, he had worked as skilled aviator and had flown dangerous missions of delivering warplanes from Canada to Britain during World War II. Later, he had opened a charter flight business serving gamblers wanting to get from Los Angeles to Las Vegas more quickly than a 10-hour drive.
Kirk Kerkorian had founded MGM Resorts International and was its largest shareholder till his date. He had first made his fortune in the 1950s and 1960s in Las Vegas, the desert gambling capital and had built the world’s biggest hotel in Las Vegas.
He also made fortune by investing in the automobile industry such as Chrysler in 1990s and General Motors and Ford in the 2000s.

Month: Current Affairs - June, 2015