29th March 2010 Craps Articles

Most Successful Casino Moguls – Kirk Kerkorian

This rather illusive billionaire is a far cry from some of the other casino giants out there. He is very rarely seen in public and never gives interviews! His wealth was estimated to be in the region of $16 billion but he stock market crash in 2008 really hit him hard and whittled his value down to a measly $5 billion. If you wanted to locate Mr Kerkorian you would most likely find him at his residence in Beverly hills or his home in Las Vegas. He is considered to be the father of the ‘megaresort’ and has been a central figure in the development and look of the Las Vegas strip.

He is somewhat of a recluse and a charitable one at that. His own personal foundation has donated more than $200 million to charity and schools but, being a humble person, has not allowed any credit to be given through naming of these charities after him. Some of his most famous purchases include MGM movie studio and the hotels and casinos associated with it. He has also had a somewhat large investment career in the American automobile industry. Even for all of his worth he is can sometimes be spotted driving low cost vehicles such as his jeep or Pontiac firebird!

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