Kirk Kerkorian, who made his name in Las Vegas when he built the International in 1969, has died. He was 98.
Kerkorian’s death was confirmed Tuesday by MGM Resorts International, the Las Vegas-based gaming company he founded in the early 1990s. Kerkorian, who turned 98 on June 6, was the largest shareholder in MGM Resorts.
Anthony Mandekic, the chief executive of Kerkorian’s private investment company, Tracinda Corp., told the Los Angeles Times Kerkorian died Monday night at his home in Beverly Hills.
Kerkorian invested in a number of industries during his career, including Metro Goldwyn Mayer studios, United Artists, even the now defunct Western Airlines. He even accumulated large shares in Chrysler Corp. when the automaker was considered near defunct in the early 1980s.
He sold off his shares as the company revered. Kerkorian did the same with General Motors in 2005.