Bellagio is a AAA Five-Diamond rated luxury hotel and casino located on the Las Vegas Strip in Paradise, Nevada, USA. It is owned by MGM Mirage and was built on the site of demolished Dunes hotel and casino. Inspired by the Lake Como resort of Bellagio in Italy,
Kerkor "Kirk" Kerkorian (born June 6, 1917) is an Armenian-American billionaire, and president/CEO of Tracinda Corporation, his private holding company based in Beverly Hills, California. Kerkorian is known as one of the important figures in shaping the city of Las Vegas, Nevada and, with architect Martin Stern, Jr. [1] the "father of the megaresort."
Kerkorian splits his time between his residences in Beverly Hills and Nevada.
One of the richest residents of Beverly Hills, he may also be the most private. He almost never gives interviews and seldom appears in public. Even though his charitable foundation has dispensed more than $200 million and a school,[2] he has never allowed anything to be named in his honor.
His net worth in 2008, according to Forbes Magazine, is $16.0 billion, making him the world's 41st richest person.[3]
Daimler-Chrysler On April 5, 2007 Kirk Kerkorian made a $4.58 billion bid for the Chrysler Group, the U.S. arm of Daimler-Chrysler. Since Daimler-Chrysler announced they were interested in selling the Chrysler division on February 14, large investors such as Cerberus Capital Management, The Blackstone Group and Magna International each announced intentions to bid on the company. Kerkorian's bid, while not expected, is not surprising given his long involvement in the U.S. automobile industry. During the bidding process, he will be aided by his close associate Jerome York who was a former CFO at both Chrysler and IBM. As of May 14, 2007 80% of the Chrysler arm of Daimler-Chrysler was sold to Cerberus for $7.4 billion.
The MGM Grand Macau is a 35-storey, 600-room casino resort with approximate investment amount USD $1.25 billion in Macau which officially opened its doors on December 18th, 2007 at 10:50 p.m. local time, to thousands of guests eager to experience the burgeoning gaming destination's latest grand resort. Under a subconcession approved by the Macau government, the project is owned and operated through a 50/50 partnership between MGM Mirage and Pansy Ho Chiu-king, the daughter of Stanley Ho. The subconcession is one of several examples of new construction following the end of the government-granted monopoly held for decades by Stanley Ho.
Stanley Ho, OBE, GBS, GLM (born November 25, 1921), also known as Ho Hung-sun, Stanley Ho Hung-sun (traditional Chinese: 何鴻; pinyin: Hé Hóngshēn), is an entrepreneur in Hong Kong and Macau.
Allegations concerning Triad connection It has been alleged that some of the burglaries and robberies that occurred in Macau casinos were related to conflicts between Ho and triad groups, when Ho was disturbed by their activities on his property.
The public incident in the Philippines is one of the most highly-publicised news events concerning Ho's connection with triads. There is, however, no evidence pointing to any relationship between Ho and triad activities.
According to the Wall Street Journal, Seng Heng Bank, Ltd., which is controlled by Ho, is being investigated by the U.S. Department of Justice for money laundering related to the criminal enterprises of North Korea.
In 2006, Democrat and lawyer Albert Ho Chun-Yan was assaulted by thugs in a McDonald's restaurant in Central, Hong Kong. At the time, Albert Ho was following a court case for Stanley Ho's sister against Stanley Ho himself. Given that Albert Ho's predecessors in the case have also been assaulted before, there is public speculation the attack was staged by Stanley Ho. Stanley Ho also made a statement afterwards which only fueled this speculation.
Bruce Lee and Stanley Ho are cousins. Bruce Lee's mother (Grace, 何瑜) is the daughter of Ho Kom Tong (何甘棠), who is the brother of Ho Fook, Stanley's grandfather.
