Kirk Kerkorian Net Worth

How much is Kirk Kerkorian Worth?

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Kirk Kerkorian Net Worth
Net Worth:
$4.2 Billion
Date of Birth
June 6, 1917
Place of Birth
Fresno
Profession
Businessperson, Investor, Financier

Kirk Kerkorian Net Worth: Kirk Kerkorian is an American businessman who has a net worth of $4.2 billion dollars. Kirk Kerkorian is considered one of the grandfathers of Las Vegas and one of the "fathers of the megaresort" along with architect, Martin Stern, Jr. Born Kerkor Kerkorian on June 6, 1917, in Fresno, California, US, he serves as the president/CEO of Tracinda Corporation, his private holding company based in Beverly Hills, California. Known by his nickname "the smiling cobra", Kerkorian is regarded as one of the key figures in shaping Las Vegas, along with architect Martin Stern, Jr., dubbed the "father of the mega-resort." Not having interest in formal education, he falls in the group of school dropouts who has done very well in life. But in addition to being an 8th grade dropout, Kirk is also a former boxer and fighter pilot who flew in the World War II. Kirk Kerkorian's initial climb to riches started back in 1962 when he purchased land in Las Vegas. It is said to have been bigger that the Empire State Building itself. In 1969, he bought a controlling stake in the Metro-Goldwyn-Mayer film studio, and he went on to open the original MGM Grand Hotel and Casino (now Bally's Las Vegas) in 1973. As for the MGM Grand Reno, it followed in 1978. Over the years, MGM has grown to be the second largest gaming company in the world by revenue. However, Kerkorian stepped down as its chairman in 2011 and became the first director emeritus. Despite selling $750 million worth of shares of MGM International Resorts in recent years, he announced earlier this year that he is interested in boosting his stake in it via his private investment firm, Tracinda. Apart from the above, he has had an on again/off again relationship with the American auto industry, among other interests and business ventures. Most recently, Kirk Kerkorian has devoted himself on philanthropic activities, which include his Dream Fund supports academic programs and medical research at UCLA. The above proves that this hotel mogul isn't showing signs of slowing down even at the age of 96.

Articles Written by Brian Warner
Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
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Kirk Kerkorian

Kirk Kerkorian

Kerkor "Kirk" Kerkorian is an American businessman. He is the president/CEO of Tracinda Corporation, his private holding company based in Beverly Hills, California. Kerkorian is known as one of the important figures in shaping Las Vegas and, with architect Martin Stern, Jr. ...
Profession
Date of Birth
  • June 6, 1917
Nicknames
  • Kerkor Kerkorian
  • Rifle Right Kerkorian
Ethnicity
  • Caucasian race
Nationality
  • United States of America
Country
  • United States of America
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