• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

2

Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard

3

Indeed chief economist: Aging Baby Boomers are America's real labor problem, not AI

1

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

2

Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard

3

Indeed chief economist: Aging Baby Boomers are America's real labor problem, not AI
Leadershipbooks

The Story of the Donald Trump Idol Who Grew Up Penniless in an Immigrant Family

By
William C. Rempel
William C. Rempel
and
Anne VanderMey
Anne VanderMey
Down Arrow Button Icon
By
William C. Rempel
William C. Rempel
and
Anne VanderMey
Anne VanderMey
Down Arrow Button Icon
February 23, 2018, 4:30 PM ET
Grand Slam for Kids - B&W
Kirk Kerkorian, "the god of all deal makers," according to the New York Times, and "the king" according to Donald Trump.Chris Week—FilmMagic via Getty Images
Add Fortune on Google for similar content.

One of Donald Trump’s idols in the business world may come as a surprise. He was little known, and liked it that way. He was a daring pilot during World War II. And on the playing fields of deal-making, he was the future president’s polar opposite—the very embodiment of self-discipline, humility and grace under pressure.

Kirk Kerkorian, self-made billionaire and fellow hotel developer, started out as a penniless eighth-grade dropout from California before becoming a Hollywood movie mogul, a Las Vegas casino magnate, and one of America’s richest men. His largely unheralded charitable giving also made him one of the country’s most generous tycoons.

In many ways, he was the un-Donald, yet Trump regarded Kerkorian as business royalty. When a New York Times columnist was calling Kerkorian—then in his late 80s—“the god of all deal makers,” Trump was likewise calling him “the King” and publicly declared: “I love that guy.”

The stories of the two fellow billionaires have obvious parallels, but perhaps more interesting than that, is how vastly they diverged in their approaches to achieving remarkably similar versions of the modern American dream.

By the time Kerkorian died at age 98 in 2015, he owned most of the major hotels and casinos on The Strip. But his name was on none of them. And though he transformed the American gambling mecca, Kerkorian’s name never appeared on a street sign, a park site or so much as a private parking spot.

The Las Vegas skyline does, however, have the giant gold letters T-R-U-M-P atop the 64-story Trump International Hotel.

The reticent Kerkorian avoided media engagement. He declined most interviews and lived by his own rule against divulging anything about his personal or business interests. The first Kirk commandment was: don’t talk too much. His second was: never talk about yourself.

Trump was notorious for self-promotion well before entering politics. Even before becoming the nation’s Tweeter-in-Chief, he sometimes posed as his own public relations guy to pass along all kinds of personal and business information to the press. In 1989 he even talked his way onto a Forbes list of billionaires, only to be summarily dumped for inflating his net worth—found to be “in hailing distance of zero” upon review by magazine editors.

Author William Rempel’s new book about the life of Kirk Kerkorian. (Courtesy William Morrow)

Though fiercely competitive, Kerkorian carried no grudges. Even after intense negotiations, Kerkorian’s business competitors often ended up as social friends. His closest associates said he never had a bad thing to say about anyone. Trump’s response to his Forbes list demotion was also typically Trumpian—accusing deceased magazine publisher Malcolm Forbes of “finally getting back at me from the grave.”

Kerkorian studiously avoided both the trappings of celebrity and any involvement in political activism. But he also admired, perhaps even envied, Trump for his easy command of audiences. The naturally shy son of illiterate Armenian immigrants was almost paralytic about public speaking. “I wish I could talk like Trump,” he told friends.

And, had Kerkorian lived to see it, he almost certainly would have been impressed with the audacity of Trump’s 2016 presidential bid. For Kerkorian, a heroic wartime aviator and seemingly fearless gambler—who once risked a million dollars on a single roll of the dice, who wagered his fortune more than once on major Las Vegas developments, and who favored big bets, win or lose—seeking the White House would definitely have qualified as a praise-worthy whale of a big bet.

But although Kerkorian may have lauded Trump’s campaign, his tweeting—probably not so much.

William C. Rempel is the author of THE GAMBLER: How Penniless Dropout Kirk Kerkorian Became the Greatest Deal Maker in Capitalist History.

About the Authors
By William C. Rempel
See full bioRight Arrow Button Icon
By Anne VanderMey
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

bang
SuccessBangladesh
The people sewing your clothes can’t see the stitches clearly — a $10 pair of glasses could unlock $27 billion in gains
By Al Emrun Garjon, Julhas Alam and The Associated PressJuly 19, 2026
12 hours ago
haley
PoliticsElections
Ask her about why AIPAC spent $30 million on her Michigan Senate campaign and she’ll talk for 800 words about anything else
By Joey Cappelletti and The Associated PressJuly 19, 2026
13 hours ago
Andrew McAfee
SuccessCareers
MIT AI expert warns automating Gen Z entry-level jobs could backfire—and cost companies their future workforce
By Preston ForeJuly 19, 2026
14 hours ago
America’s math and reading scores tanked after schools ditched textbooks for screens—and AI could worsen the brain rot
AIEducation
America’s math and reading scores tanked after schools ditched textbooks for screens—and AI could worsen the brain rot
By Sasha RogelbergJuly 19, 2026
14 hours ago
Real estate agent shows middle class home
SuccessHousing
Billionaires like Ken Griffin are moving to Miami—but middle-class earners can’t copy them and reap the same benefits, real estate experts say
By Emma BurleighJuly 19, 2026
17 hours ago
jt
CommentaryRetirement
Gen X built their whole identity on never needing help. Retirement is the one door they can’t unlock alone
By Jeanne ThompsonJuly 19, 2026
18 hours ago

Most Popular

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
AI
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
By Jason MaJuly 18, 2026
1 day ago
Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard
AI
Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard
By Aaron Walayat and The ConversationJuly 19, 2026
19 hours ago
Indeed chief economist: Aging Baby Boomers are America's real labor problem, not AI
Commentary
Indeed chief economist: Aging Baby Boomers are America's real labor problem, not AI
By Svenja GudellJuly 18, 2026
2 days ago
Iran just crossed Trump's red line for resuming all-out war as fighting continues to escalate with no end in sight
Middle East
Iran just crossed Trump's red line for resuming all-out war as fighting continues to escalate with no end in sight
By Jason MaJuly 18, 2026
1 day ago
Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’
Success
Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’
By Preston ForeJuly 19, 2026
21 hours ago
U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war
Economy
U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war
By Sasha RogelbergJuly 17, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.