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He was a skilled aviator who flew perilous missions delivering warplanes from Canada to Britain during World War Two and later opened a charter flight business serving gamblers wanting to get from Los Angeles to Las Vegas more quickly than a 10-hour drive. He twice tried to buy Chrysler - triggering a massive legal tussle - and made big investments in General Motors and Ford. Kerkorian mounted high-stakes pursuits of U.S. Even as a studio chief, he would stand in line to buy movie tickets at a theater with everyone else rather than attend private screenings. Kerkorian bought and sold the venerable MGM film studio three times, acquired the United Artists studio and tried to buy Columbia Pictures. He also was instrumental in turning Las Vegas into a family destination rather than merely a naughty pleasure spot for adults. He owned some of the biggest and best-known hotels and casinos in Las Vegas - at one time possessing more than half the hotel rooms on the famous Las Vegas strip. On his way to becoming a casino magnate, he befriended Rat Pack stars Frank Sinatra, Dean Martin and other Las Vegas headliners. Three different times - in 1969, 19 - Kerkorian built the world's biggest hotel in Las Vegas, the desert gambling capital where he first made his fortune in the 1950s and 1960s. In May, Forbes magazine estimated Kerkorian's wealth at $4.2 billion after taking a hit on his investments in 2008, when the magazine said he was worth $16 billion. In his youth he was known as "Rifle Right Kerkorian" for his punching power as a small-time boxer and he would become an enduring American business heavyweight with a knack for placing winning bets in the corporate world. Kerkorian had little formal education and dropped out of school at age 16.
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Kerkorian, who was the largest shareholder in MGM Resorts International, died on Monday night in Los Angeles following a brief illness, the Las Vegas Review-Journal said. Kirk Kerkorian, the son of poor Armenian immigrants who used his gambler's instincts to became a multibillionaire Las Vegas casino tycoon, Hollywood mogul, airline owner and auto industry investor, died at age 98, according to media reports on Tuesday.