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

17:05
Prosecutor's Office asked to charge Pashinyan for land handover to Azerbaijan
The Prosecutor General’s Office has been asked to bring criminal charges against Armenian Prime Minister Nikol Pashinyan for the handover...
16:45
EU monitors in Armenia host Finland's ambassador to South Caucasus
The EU Mission in Armenia (EUMA) on Thursday hosted Finland's Ambassador to South Caucasus Kirsti Narinen and Honorary Consul Timothy...
16:35
Seven arrested after jeering at Pashinyan's wife
Seven people have been detained following an incident involving Armenian Prime Minister Nikol Pashinyan’s spouse, Anna Hakobyan....
16:14
ZCMC slips to third in list of Armenia's top taxpayers
The State Revenue Committee (SRC) on Thursday published data on taxes and fees paid by Armenia's 1,000 largest taxpayers in January-March...
15:36
Russia expects Pashinyan to attend EAEU summit in May
Russia expects Armenian Prime Minister Nikol Pashinyan to participate in the EAEU summit in Moscow in May, Russian Deputy Prime Minister...
15:07
Protesters rally outside Turkish Consulate in Beverly Hills on Armenian Genocide anniversary
On Wednesday, April 24, hundreds of protesters gathered outside the Turkish Consulate on Wilshire Boulevard in Beverly Hills to remember the...
14:35
Anti-Pashinyan protests held in Yerevan
Spontaneous protests against the decision of Armenian Prime Minister Nikol Pashinyan’s government to hand over four border...
14:14
Politician: Incident involving Pashinyan's wife confirms 'explosive' situation in Armenia
The latest incident involving Armenian Prime Minister Nikol Pashinyan's wife, Anna Hakobyan, indicates that the situation in Armenia is...
13:34
Opposition MP: Handover of 'enclaves' to Azerbaijan will paralyze Armenia
Armenian opposition MP Tigran Abrahamyan warns that the surrender of four “enclaves” to Azerbaijan will completely paralyze Armenia....
12:50
Rep. Schiff commemorates Armenian Genocide anniversary
U.S. Representative Adam Schiff (D-Calif.), Vice Chair of the Congressional Armenian Caucus, released the following statement to...
12:35
Protesters block Yerevan-Gyumri highway
People in Armenia's Shirak Province on Thursday blocked the Yerevan-Gyumri highway in protest against the Armenian government’s...
12:05
School students go on strike in Armenia's Tavush
School students in Baghanis, a border village in Armenia’s Tavush Province, walked out of classes on Thursday to protest against the...
11:35
Azerbaijan removes coat of arms from Artsakh government building
A video circulating on social media shows Azerbaijani occupants removing Artsakh’s coat of arms and Armenian inscriptions from the Artsakh...
11:15
USAID chief pays tribute to Armenian Genocide victims
USAID Administrator Samantha Power commemorated the Armenian Genocide victims on the 109th anniversary of the tragedy marked on Wednesday....
11:00
42 Armenians missing after Azeri attack on Nagorno-Karabakh, report says
A total of 42 Armenians, including 12 civilians, went missing following Azerbaijan’s military takeover...
17:05
Political analyst: Pashinyan has long lost his status as Armenian PM
Nikol Pashinyan has long ceased to be Armenia’s prime minister, becoming Azerbaijani President Ilham Aliyev's “ambassador”...
16:34
Catholicos Karekin II commemorates Armenian Genocide victims
His Holiness Karekin II, Supreme Patriarch and Catholicos of All Armenians, accompanied by the members of the Brotherhood of the Mother See of...
15:49
Support for Armenian prisoners held illegally in Baku prison: March to Tsitsernakaberd
This year, on the 109th anniversary of the Armenian Genocide, banners could be seen at the top of Tsitsernakaberd, reading, "Free Armenian...
15:19
Biden pays tribute to Armenian Genocide victims
U.S. President Joe Biden commemorated the 109th anniversary of the Armenian Genocide in a statement on Wednesday. The full...
15:05
Greek president marks Armenian Genocide anniversary
Acknowledgement and vigilance is required for the victims of the Armenian Genocide, Greek President Katerina Sakellaropoulou said in a statement...
14:36
'Nikol, murderer'. Pashinyan's wife booed at Tsitsernakaberd
Armenian Prime Minister Nikol Pashinyan's spouse, Anna Hakobyan, was booed while visiting the Tsitsernakaberd Memorial Complex in Yerevan to...
14:15
U.S. State Department report reveals torture, arbitrary detentions in Armenia
The U.S. Department of State has released its annual 2023 Country Reports on Human Rights Practices, saying significant human rights issues in...
13:35
Genocide threat still present in the world – Foreign Ministry
The Armenian Foreign Ministry issued a statement on the 109th anniversary of the Armenian Genocide marked on April 24. The full statement is...
13:25
Armenia’s decision on CSTO membership its sovereign choice, chief says
The choice of Armenia’s authorities to remain in the Collective Security Treaty Organization (CSTO) or leave it will be the...
13:11
'A complete lack of transparency': Ruben Vardanyan's son talks about his detention in Baku
CNN's Christiane Amanpour speaks with David Vardanyan, son of Ruben Vardanyan, the former leader of the Nagorno-Karabakh (Artsakh)...
12:46
Macron commemorates Armenian Genocide anniversary
French President Emmanuel Macron has marked the 109th anniversary of the Armenian Genocide in the Ottoman Empire. “Today, France...
12:27
LIVE: March to Tsitsernakabert Memorial on Armenian Genocide anniversary
People have been marching to the Tsitsernakabert Memorial Complex in Yerevan since early Wednesday morning to commemorate the 109th anniversary...
12:00
Serzh Sargsyan: Armenian leaders trying to send Armenian Genocide into oblivion
Third Armenian President Serzh Sargsyan issued a message on the 109th anniversary of the Armenian Genocide commemorated on April 24. His full...
11:45
What will Pashinyan do next, demolish the Genocide Museum?
By Harut Sassounian TheCaliforniaCourier.com Prime Minister Nikol Pashinyan and his equally incompetent underlings have been making for...
11:33
Freedom House concerned by reports of police violence in Armenia
Freedom House has expressed concern over mounting reports of police violence in Armenia. “We urge Armenian authorities to investigate...

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?"}