September 7, 2024 #1 Local News, Information and Event Source for the Century City/Westwood areas.

Casino Tycoon Left an Estate Worth More Than $2 Billion

Kirk-KerkorianCasino tycoon Kirk Kerkorian, who died two weeks ago in Beverly Hills at the age of 98, left an estate worth more than $2 billion, court papers show.

Documents filed in Los Angeles Superior Court also include a copy of Kerkorian’s will. Written in July 2013, Kerkorian designated several beneficiaries to receive millions of dollars, including $7 million gifts each for daughter Kira Kerkorian, born during his marriage to former tennis player Lisa Bonder Kerkorian, and to Anthony Mandekic, secretary and treasurer of the billionaire’s Tracinda Corp.

He left additional gifts of $6 million to attorney Patricia Glaser and $5 million to his longtime assistant, Jaclyn Thode.

The will leaves no money for Kerkorian’s other daughters, Tracy Kerkorian and Linda Kemper, but the document states that he “made provisions” for them during his lifetime.

The court papers filed last Wednesday also include a petition for Mandekic to be named the executor of Kerkorian’s estate. A hearing is scheduled July 28.

Mandekic previously said his former boss’ death was due to age-related causes.

Kerkorian was the son of poor Armenian immigrants. He developed key properties on the Las Vegas Strip, including the MGM and MGM Grand. He also invested in and operated business in a number of industries, including airlines, automakers, Chrysler Corp., General Motors and film studios. He purchased MGM Studios three times, bought United Artists and tried to acquire Columbia Pictures.

in News
Related Posts

Film Review: Beetlejuice Beetlejuice

September 6, 2024

September 6, 2024

By Dolores Quintana Director Tim Burton’s newest film, Beetlejuice Beetlejuice, is morbidly charming. I know this is heresy, but I...

(Video) School of Rock Accepting Students for Back to School Season

September 6, 2024

September 6, 2024

For more info, go to https://www.schoolofrock.com @centurycitywestwoodnews School of Rock has programs for Back to School season happening now #guitar...

(Video) Family-Owned Pharmacy Celebrates 80 Years in Santa Monica

September 6, 2024

September 6, 2024

For more info on Homeopathic Pharmacy, go to https://www.smhomeopathic.com/store/index.html. @centurycitywestwoodnews For more info, go to www.smhomeopathic.com #fyp #pharmacy #santamonica #doctor...

A Plus Tree LLC: Leading the Way in Professional Tree Care for Homes and Businesses

September 5, 2024

September 5, 2024

A Plus Tree is a tree care company committed tomaintaining the safety, beauty, and health of trees, all with a...

Los Angeles Public Health Issues Beach Warning Amid Excessive Heat Warning In LA

September 5, 2024

September 5, 2024

Public Urged to Avoid Swimming at Multiple LA Beaches Due to High Bacterial Levels As the Los Angeles area grapples...

Olympians to Join Pups Without Borders Adoption Event in Brentwood on Sept. 22

September 5, 2024

September 5, 2024

Meet Olympic Medalists and Adopt a Dog at the Barrington Circle Event Pups Without Borders, a rescue organization dedicated to...

Local Santa Monica Restaurant Isla Announces Closure After 18 Months of Service

September 5, 2024

September 5, 2024

Restaurant Will Close Its Doors on September 21, Cites Economic Challenges Isla, a popular local Santa Monica restaurant, will close...

Make Choice a Piece of Cake Fundraiser Combines Cake, Music, and Support for Reproductive Rights

September 4, 2024

September 4, 2024

Enjoy Cake Masterpieces From Top Chefs, Drinks, and a Raffle on Sept. 8 On Sunday, Sept. 8, at 11 a.m.,...

Los Angeles Times Announces Amazing Full Lineup for Food Bowl 2024 for Charity

September 4, 2024

September 4, 2024

Three-Day Festival to Feature Tastings From Top Chefs and VIP Exclusive Bites The Los Angeles Times has announced the full...

James Darren, Star of Gidget, The Guns of Navarone, Beverly Hills 90210, Dies at 88

September 4, 2024

September 4, 2024

Actor, Singer, and Director Passes Away at Cedars-Sinai Hospital James Darren, the actor and singer who first gained fame as...

2nd Annual Los Angeles Kids Book Festival Returns to West Hollywood, Bringing Family Fun

September 4, 2024

September 4, 2024

Annual Event Celebrates Children’s Literacy with Readings, Family Activities The 2nd Annual Los Angeles Kids Book Festival will occur at...

California ISO Warns of Heatwave and Increased Power Demand During Excessive Heat Event

September 4, 2024

September 4, 2024

Potential for High Temperatures to Strain Grid, Flex Alerts May Be Issued The California Independent System Operator (ISO) is warning...

­­­Willows School Celebrates 30 Years of Great Minds Growing

September 4, 2024

September 4, 2024

By Susan Payne Thirty years ago, a group of educators banded together to create a new school in the spring...

School of Rock Celebrates 25 Years of Teaching Music

September 3, 2024

September 3, 2024

Venice and West LA Locations Welcome New Students By Susan Payne School of Rock is back in session and this...

Eating at Pacific Park on the Pier Just Got Even Tastier

September 3, 2024

September 3, 2024

In June this year, Santa Monica’s beloved oceanfront amusement park welcomed a brand-new eating experience to the Pier. “Snackville”, the...