Haute 100 Los Angeles Update: Kirk Kerkorian
Our Haute 100 list details the accomplishments of the most influential people in each of our markets—Miami, New York, Los Angeles, and San Francisco. These people continue to make moves, so rather than waiting for the next Haute 100 issue to come out, we thought we’d provide you with regular updates on those Haute 100 members who are making headlines. Check back daily for more info on the most powerful people in your city. Today, billionaire and casino tycoon Kirk Kerkorian invests in the City of Sin.
Kirk Kerkorian
Category: Billionaires
Industry: Real Estate
Company: MGM Resorts
What Made Him Haute: With only a high school diploma, Kirk Kerkorian is arguably one of the greatest business visionaries in the world. After serving as a fighter pilot in WWII he went on to buy and sell hotels, an airline, and sold and bought MGM studios three times. Today MGM Resorts owns more than half the hotel rooms on the Las Vegas Strip, so it comes as no surprise that Kerkorian’s net worth is $16 billion.
What Makes Him Haute Now: A tycoon in Sin City and beyond, it is only natural that Kerkorian likes to gamble, and we’re not just talking chips, but business deals. In December, the 92-year-old invested in the $8.5 billion CityCenter in Vegas, which consists of hotels and residences, spas, dining venues, and shopping.
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