Tuesday, June 16, 2015

Billionaire Investor Kirk Kerkorian Dies

Billionaire financier Kirk Kerkorian, who built Las Vegas hotels and bought and sold MGM three times, has died. He was 98.

A very shrewd investor, Kerkorian died Monday night, said his investment company Tracinda Corp.

MarketWatch reports:
Though he shunned executive titles and avoided public appearances throughout his career, Kerkorian remained an active investor into his 90s. But he never managed his enterprises, preferring to leave operational details up to a cadre of loyal lieutenants.

I would often see him in Beverly Hills, always spry, well into his early 90s.

To say Kerkorian  was low key is an understatement. One time, he pulled up in his car in front of the MGM Hotel, when he owned it, and left his car in the MGM circular driveway. A doorman, not knowing who he was, approached him and told him he couldn't leave his car in the area in which it was parked.

He quietly got back into the car and moved it.

MGM security later learned what occurred and circulated a picture of Kerkorian to all employees alerting them that they should respect his wishes.


1 comment:

  1. Cannot imagine a "public servant" dealing with the minions with so much class.