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Kirk Kerkorian Net Worth

Kirk Kerkorian Net Worth

Net Worth: $4.1 Billion

Statistics
  • Source of Wealth Tracinda Corporation
  • Age Deceased at 98 years old on 2015-06-15
  • Birth Place Fresno, California, United States
  • Full Name Kerkor "Kirk" Kerkorian
  • Nationality American
  • Date of Birth June 6, 1917
  • Occupation Businessman
  • Education Morton Air Academy
  • Children 2 (Tracy, Linda)
More StatsView More

About Kirk Kerkorian

Kirk Kerkorian was an American businessman. As the CEO of Tracinda Corporation, he has an estimated net worth of $4.1 billion as of May 2015 according to Forbes Billion. He had been a part of the Forbes billionaire list for quite sometime. He was once considered as the #113th richest person in the United States. Together with Martin Stern, Jr., the architect, Kirk was known as one of the “fathers of the megaresort”, or somebody who has shaped the development and growth of Las Vegas.

School dropouts often do very well in life. Kirk Kerkorian was another example of this. An 8th grade dropout, Kirk was also a former boxer and the fighter pilot who flew in the World War II. It all started  when he purchased land in Las Vegas in 1962. He opened the MGM hotel and casino after purchasing the movie studio in 1969. It was bigger than the Empire State Building. Kirk had interests in gambling because he was a former gambler himself. The MGM stake was at one time was worth more than $11 billion. However, its present worth is around $1 billion.

In later years, Kirk tried to take over the Chrysler Corporation. However his attempt was termed as hostile and it was foiled. However, he did own 9.9% stake in General Motors (GM). He also spent around $1 billion to take over about 6% of the Ford Motor Company. But he sold his stake in the company in 2008 after the valuations of his stocks came down considerably.

Kirk Kerkorian was also involved in several philanthropic activities. His Dream Fund supports academic programs and medical research at UCLA.

Earnings & Financial Data

The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Kirk Kerkorian's net worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more.

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Choose Year
  • Earnings 2015
  • Earnings 2014
  • Earnings 2013
  • Earnings 2011
  • Earnings 2010
  • Earnings 2009
  • Earnings 2008
  • Earnings 2007
  • Earnings 2006
  • Earnings 1968
  • Earnings 1962
Earnings 2015 $4.2 Billion
Earnings 2014 $4.5 Billion
Earnings 2013 $3.3 Billion
Earnings 2011 $3.5 Billion
Earning Turned Donation 2011

Amount donated to Andre Agassi's Charter School

$18,000,000
Earning Turned Donation 2011

Amount donated to UCLA's initiative for medical research, scholarships, projects, and establish Dream Fund

$200,000,000
Earnings 2010 $3.1 Billion
Earnings 2009 $5 Billion
Earning Turned Donation 2009

Amount donated to a fundraising institute at the University of Nevada at Las Vegas

$14,000,000
Earnings 2008 $16 Billion
Earnings 2007 $15 Billion
Earnings 2006 $8.7 Billion
Earnings 1968 N/A
Sale of Asset 1968

Value of the small charter Los Angeles-Las Vegas air service to TransAmerica Corporation

$85,000,000
Earnings 1962 N/A
Asset 1962

Purchase value of the 30 hectares land across from the Flamingo hotel in Las Vegas

$960,000
Show all earnings