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Tracinda Corporation is an American private investment corporation that was owned by the deceased Kirk Kerkorian. Its major investments included a minority interest of MGM Resorts International. Tracinda is headquartered in Las Vegas, Nevada. The company was named after Kerkorian's daughters, Tracy and Linda.
Tracinda Corporation è una società privata di proprietà del magnate Kirk Kerkorian (uno degli uomini più ricchi del mondo). La società ha il suo quartier generale a Rodeo Drive, Beverly Hills e prende il suo nome dalle due figlie del proprietario, TRAC Y e L INDA, il proprietario la guida direttamente insieme a Jerome York e Lee Iacocca .
Tracinda Corp. is an investment company. Company profile page for Tracinda Corp including stock price, company news, executives, board members, and contact information.
- Aviation
- Las Vegas
- MGM
- Auto Industry
- Wealth
Sensing the onset of World War II, and not wanting to join the infantry, Kerkorian learned to fly at the Happy Bottom Riding Club in the Mojave Desert—adjacent to the United States Army Air Corps's Muroc Field, now Edwards Air Force Base. In exchange for flying lessons from pioneer aviator Pancho Barnes, he agreed to milk and look after her cattle....
In 1962, Kerkorian bought 80 acres (32 ha) in Las Vegas, across the Las Vegas Strip from the Flamingo for $960,000. This purchase led to the building of Caesars Palace, which rented the land from Kerkorian. The rent and eventual sale of the land to Caesars in 1968 made Kerkorian $9 million ($70 million today). In 1967, he bought 82 acres (33 ha) of...
In 1969, Kerkorian appointed James Thomas Aubrey Jr. as president of MGM. Aubrey downsized the struggling MGM and sold off massive amounts of historical memorabilia, including Dorothy's ruby slippers from the 1939 film The Wizard of Oz, the majority of the studio's backlots in Culver City and overseas operations such as the British MGM studio at Bo...
Kerkorian had an on-again/off-again relationship with the American auto industry. His involvement began in 1995 when with the assistance of retired Chrysler chairman and CEO Lee Iacocca, Kerkorian staged a takeover attempt of the Chrysler Corporation. Chrysler's management treated the takeover as hostile, and after a lengthy battle, Kerkorian cance...
Kerkorian's net worth in 2008 was $16.0 billion according to Forbes magazine, making him the 41st richest person in the world and the richest person in California at that time.By 2011, Kerkorian was among those hardest hit by the stock market recession as his net worth tumbled to $3.2 billion. In 2013, he was listed as the 412th richest person with...
1 dic 2006 · Kirk Kerkorian yesterday sold his entire stake in General Motors, the Wall Street Journal reported. Kerkorian’s Tracinda Corp sold 28m GM shares for $29.25 each to Bank of America, the report...
Tracinda Corporation è una società privata di proprietà del magnate Kirk Kerkorian (uno degli uomini più ricchi del mondo).
8 feb 2008 · Tracinda is a privately held Nevada corporation wholly-owned by Mr. Kirk Kerkorian. Tracinda's principal business is buying, selling and holding selected equity securities. Tracinda presently owns 128,000 shares of Delta common stock.
