Major MGM Shareholder Passes Away

Major MGM Resorts shareholder, Kirk Kerkorian, passed away in LA on Monday evening.

In a statement, MGM Resorts International Chairman and CEO Jim Murren said:

“MGM Resorts and our family of 62,000 employees are honoring the memory of a great man, a great business leader, a great community leader, an innovator, and one of our country’s greatest generation.”

Kerkorian made wise investments in various markets but he was partial to the land casino industry. He also had a hand in making Las Vegas the incredible source of entertainment it is today through his investments in gambling and property projects.
  • Jade lcb

    jade

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    This guy, Kirk Kerkorian was 98 when he died. He certainly did live az long life. If he was famous or infamous for anything, it was buying and selling MGM and Chrysler over and over to increase his bankroll. I heard at one time he owned most of the hotel rooms in Vegas. He built the largest resort in the world, more than once. I read that he was an 8th grade dropout, but was worth more than $4 billion when he died. Kind of a quiet Donald Trump, lol, if there is such a thing. He was indeed a very quiet businessman. So quiet that there are probably many who won't realize he is gone for a long time, unless they read Glo 's story..................
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    pinkxxx

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    R.I.P , He looks of age to have spent a full life here on Earth . Hopefully stress didn't play a part. I know the MGM group will miss his presence . Very nice he was honored by all those connected . Sometimes these changes can affect a giant like MGM and in cases not affect it at all . My heart goes out to his family . Rest in Peace Mr Kirk Kerkorian.

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