Kerkorian, who founded MGM Resorts International (MGM.N) and was its largest shareholder, died in Los Angeles on Monday night, the company said in a statement on Tuesday. Kerkorian had little formal education and dropped out of school at age 16. Last month, 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.
Kirk Kerkorian, casino tycoon, movie mogul, auto investor dies at 98 source: http://finance.yahoo.com/news/kirk-kerkorian-casino-tycoon-movie-155430045.html