Tracing the Success Story of Business Tycoon Kirk Kerkorian

Kirk Kerkorian was an American businessman and investor who had a successful career spanning several decades. He was born in 1917 in Fresno, California and grew up in poverty. Despite his humble beginnings, Kerkorian went on to become one of the most successful businesspeople of his time. Kerkorian's career began in the airline industry, where he made his fortune through a series of bold investments and acquisitions. He was the founder of Trans International Airlines (TIA), which was one of the first charter airlines in the United States. In 1968, he sold TIA to Transamerica Corporation for a substantial profit. After leaving the airline industry, Kerkorian turned his attention to the Las Vegas casino and hotel business. He became the majority shareholder of the International Hotel (later known as the Las Vegas Hilton), and later acquired the MGM Grand Hotel and Casino. Over time, Kerkorian expanded his casino empire, acquiring several more hotels and casinos in Las Vegas and beyond. In addition to his investments in the casino and hotel industry, Kerkorian also made substantial investments in the automobile industry. He was a major shareholder in both Chrysler and General Motors, and played a key role in several major automotive industry mergers and acquisitions.Throughout his career, Kerkorian was known for his ability to spot profitable opportunities and his willingness to take calculated risks. Despite his many successes, he also experienced several setbacks and losses over the years, but he always bounced back and continued to grow his fortune.Kerkorian passed away in 2015 at the age of 98, leaving behind a legacy as one of the most successful and innovative businessmen of his time. Despite his many accomplishments, he remained humble and was widely regarded as a philanthropist, donating millions of dollars to various charitable causes over the course of his life.