Society 11:23 31/01/2018 Armenia

New biography portrays Kirk Kerkorian, not Trump, as 'the Greatest Deal Maker'- Sassounian

William Rempel, a veteran investigative reporter, just wrote a comprehensive biography of industrialist and philanthropist Kirk Kerkorian published by Harper Collins. The book is titled, "The Gambler: How Penniless dropout Kirk Kerkorian became the greatest deal maker in capitalist history."

Rempel has meticulously pieced together the details of Kerkorian's phenomenal and extremely private life through war records, business archives, court documents, recollections and recorded memories of longtime friends and associates.

Although both are Billionaires and casino owners, Kerkorian and Donald Trump had very little in common. Rempel wrote: "Fellow casino owner Donald Trump called Kirk 'the king' and told friends: 'I love that guy.' However, Kirk was Trump's polar opposite in style and temperament. Kirk was soft-spoken and understated with a paralyzing fear of public speaking. He wished, he said, that he 'could talk like Trump.' Kirk also wanted his name on nothing -- not on buildings, not on street signs, not even on his personal parking spot at MGM Studios. And Kirk never defaulted on a loan and always regarded his handshake as a binding contract."

When Kerkorian's new multi-billion dollar 'CityCenter' hotel-casino complex at the heart of Las Vegas ran into financial trouble in 2009, Rempel wrote that Trump initially expressed some sympathy: "I love Kirk and hope it works out for them." Trump then turned around and called the 'CityCenter' project "an absolute catastrophe" during an interview on CNN's Larry King Show. Trump later stated: "It will be the biggest bust in the history of real estate…too bad." Of course, Trump was wrong in his prediction. Kerkorian, once again, bounced back on his feet and 'CityCenter' became a great financial success!

While Kerkorian was on the Forbes magazine's billionaires list in 1989, Trump was also initially on that list. However, soon after, Forbes dumped Trump from its list of billionaires explaining that "they had been misled by incomplete information provided by Trump…. The future U.S. president's net worth was then, said the editors, 'within hailing distance of zero.'"

A press release issued by Harper Collins described Rempel's biography of Kerkorian as the "rags-to-riches story of one of America's wealthiest and least-known financial giants, self-made billionaire Kirk Kerkorian -- the daring aviator, movie mogul, risk taker, and business tycoon who transformed Las Vegas and Hollywood to become one of the leading financiers in American business."

One of the key advantages of this biography is the extensive coverage of Kerkorian's philanthropy for the Armenian-American community and the Republic of Armenia. In the past two years, I spent several hours with author William Rempel to brief him about Kerkorian's contributions to American-Armenian charitable organizations and major projects in Armenia. Rempel described me in the book as: "Publisher of the California Courier, an English-language Armenian weekly based in Glendale, California, was also president of the United Armenian Fund [now Armenia Artsakh Fund] and the driving force behind Kirk's Armenian charity efforts." In reality, Kerkorian himself was the driving force behind his charitable giving! He really cared about the Armenian community's well-being and Armenia's prosperity.

Although Kerkorian remains a very well-known and highly respected name among Armenians worldwide, many non-Armenians are unaware that he was an Armenian-American. Fortunately, Rempel's biography devotes three chapters to Kerkorian's Armenian heritage and philanthropy.

Chapter 12 of the book is titled: "The Armenian Connection." It describes Kerkorian's chance meeting in Las Vegas with Manny Agassi in 1963, a waiter at Tropicana hotel and a fellow Armenian originally from Tehran, Iran. Manny became a close friend of Kerkorian and named his future son, Andre Kirk Agassi, who became a famous tennis player. Rempel also described Kerkorian's business dealings with George Mason (Elmassian), his longtime stockbroker, and the founder of the California Courier newspaper in 1958.

In chapter 31, Rempel described the tragic earthquake of December 7, 1988, in Northern Armenia and how Kerkorian agreed to join the United Armenian Fund in sending over 150 airlifts for the next 25 years to transport $700 million of humanitarian aid initially to the survivors of the earthquake, and subsequently to the entire population of Armenia and Artsakh (Nagorno Karabagh). The biographer Rempel also described how the United Armenian Fund was founded, a coalition of the seven largest Armenian-American charitable and religious organizations, including Kerkorian's Lincy Foundation. Alex Yemenidjian was Chairman of the United Armenian Fund and Harut Sassounian was its President.

Chapter 36 is titled: "Genocide and Generosity." It described Kerkorian's first-ever visit to Armenia in 1998 on his private jet accompanied by Harut Sassounian. The chapter relates conversations about Turkey and the occupied Armenian lands during the flight to Armenia and discussions to fund new projects by Kerkorian's Lincy Foundation. I was subsequently appointed Vice Chairman of the Lincy Foundation to oversee $242 million of infrastructure projects in Armenia and some in Artsakh. This revealing book also includes amusing anecdotes about Kerkorian's uncomfortable stay in an old Soviet-style mansion which forced him to switch to the Marriott Hotel, and his traumatic visit to the Armenian Genocide Museum in Yerevan!

Kirk Kerkorian's biography is the fascinating story of a unique human being. He was a brilliant businessman, an extremely modest philanthropist, a true American as well as a true Armenian. As a last indication of his kindness and generosity, he departed this world in 2015 at the age of 98, leaving his entire fortune of $2 billion to charity, in addition to the $1 billion he had already donated to American and Armenian charitable causes through the Lincy Foundation.

I recommend that every Armenian buy a copy of Kirk's biography and suggest it to their non-Armenian neighbors, friends and colleagues. Kerkorian's incredible accomplishments bestow a great honor upon Armenians worldwide!

By Harut Sassounian
Publisher, The California Courier
www.TheCaliforniaCourier.com



Source Panorama.am
Share |
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:

Newsfeed

16:14
Opposition leader slams land handover to Azerbaijan
Seyran Ohanyan, a former Armenian defense minister leading the opposition Hayastan faction in the parliament, on Thursday accused Armenian Prime...
15:35
U.S. lawmakers urge Appropriations Committee to allocate $200 million for Artsakh refugees
Sixty-six U.S. Representatives have called on U.S. House Appropriations Committee leaders to allocate $200 million in U.S. assistance for...
15:04
Tavush spiritual leader blocks road near border village
Archbishop Bagrat Galstanyan, Primate of the Tavush Diocese of the Armenian Apostolic Church, on Thursday staged a sit-in in the middle of an...
14:31
Opposition MP slams Pashinyan for crackdown on protesters in border village
Opposition Hayastan faction MP Artsvik Minasyan on Thursday denounced Prime Minister Nikol Pashinyan for a violent police crackdown on...
13:36
Judge Naira Hovsepyan removed from SJC
Judge Naira Hovsepyan of the Court of Cassation has been dismissed as a member of Armenia’s Supreme Judicial Council (SJC) at her own...
13:06
Archbishop, opposition MPs denied entry into Armenian border village
Archbishop Bagrat Galstanyan, Primate of the Tavush Diocese of the Armenian Apostolic Church, as well as opposition MPs on Thursday were barred...
12:35
Tavush movement calls for continued protests against land handover to Azerbaijan
The Tavush for the Homeland civil movement calls for continued protests against the unilateral territorial concessions to Azerbaijan across...
11:53
Armenian Interior Ministry says demining conducted near Tavush village
The Armenian Interior Ministry said a large number of police forces were deployed to Kirants, a border village in Armenia’s Tavush...
11:25
Police detain protesters blocking key road in Armenia's Tavush
Police officers on Thursday detained male protesters blocking a section of an interstate highway connecting Armenia and Georgia near Kirants, a...
11:00
U.S. condemns 'foreign agents' law in Georgia
The U.S. State Department on Wednesday issued a statement condemning the “foreign influence” legislation advanced in...
17:21
Opposition MP Levon Kocharyan's aide to be detained
Armenia’s law enforcement authorities have decided to detain Artur Sukoyan, an aide to opposition Hayastan faction MP Levon Kocharyan,...
16:59
EU condemns violence against protesters in Georgia
Western politicians and diplomats have called for a halt to escalating violence in Georgia, after security forces used water cannon, teargas,...
16:36
Ex-Yerevan mayor insists on Pashinyan's ouster
The new party set up by former Yerevan Mayor Hayk Marutyan held its founding congress on Wednesday. Marutyan, who was ousted as mayor in a...
16:04
Political analyst explains why Baku favors direct talks with Yerevan
Azerbaijan continues to insist on direct bilateral negotiations with Armenia without mediators. Azerbaijan Foreign Minister Jeyhun Bayramov...
15:32
Louvre considers moving Mona Lisa to her own basement room
France’s Louvre could move the Mona Lisa to her own basement room. Here’s why. She’s the world’s most famous and...
14:46
Armenian diplomats voice support for Tavush movement
The All-Armenian Council of Diplomats NGO has expressed support for ongoing protests against the unilateral territorial concessions to...
13:34
Canada's opposition leader ejected from House of Commons
Conservative leader Pierre Poilievre was ejected from Canada's House of Commons after fiery exchanges with Prime Minister Justin...
12:59
Families of soldiers killed in military barracks fire protest in Yerevan
The families of Armenian soldiers killed in a military barracks fire in January 2023 staged a protest in Yerevan’s central Republic Square...
12:06
International Workers' Day celebrated on May 1
May 1 is celebrated in Armenia and more than 140 countries throughout the world as International Workers' Day, also known as Labor Day and...
11:45
At least 19 killed in southern China road collapse
At least 19 people died when part of a highway collapsed in southern China's Guangdong province on Wednesday, AFP reported, citing...
11:30
Pashinyan falsely blames Armenia's problems on trauma from 1915 genocide
By Harut Sassounian TheCaliforniaCourier.com With each passing day, Prime Minister Nikol Pashinyan’s statements contradicting...
11:15
AstraZeneca admits its Covid vaccine can cause rare side effect
AstraZeneca has admitted for the first time in court documents that its Covid vaccine can cause a rare side effect, in an apparent about-turn...
11:00
U.S. continues to work towards peace between Armenia, Azerbaijan – State Dept
U.S. Secretary of State Antony Blinken is personally deeply engaged in the normalization of relations between Armenia and Azerbaijan, State...
22:29
Whatever has happened is the result of the double standards adopted by the law enforcement service
Today, an incident occurred in the National Assembly (NA) between Artur Sukoyan, Levon Kocharyan’s assistant, MP of the Armenia faction of...
17:02
World Bank approves $116 million loan for Armenia
The World Bank’s Board of Executive Directors approved a Development Policy Operation (DPO) in the amount of $116 million equivalent for...
16:45
Kate Middleton and Prince William mark 13th wedding anniversary with never-before-seen photo
Kate Middleton and Prince William have released a previously unseen photograph from their wedding day to mark their 13th wedding...
16:32
Rain, thunderstorms expected in Armenia
Rain and thunderstorms coupled with strong winds are expected in Armenia’s regions on Tuesday and over the next five days. Some parts...
16:16
Armenian government says cannot guarantee safety of Tavush border residents – statement
The Tavush for the Homeland civil movement issued a statement following Monday’s meeting between Prime Minister Nikol Pashinyan and...
15:36
German MP: No way back for Azerbaijan into PACE
German SPD MP Frank Schwabe, who heads the German delegation to the Parliamentary Assembly of the Council of Europe (PACE), has denounced...
15:25
CoE chief welcomes Armenia-Azerbaijan border agreement
Council of Europe Secretary General Marija Pejčinović Burić has welcomed the deal on the delimitation of the Armenian-Azerbaijani border based...

Follow us and get updates!

Most popular articles

{"core.blocks.header.spell_message1":"Selected mistake: ","core.blocks.header.spell_message2":"Send a message about the mistake?"}