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Las Vegas billionaire Kirk Kerkorian has died in Los Angeles at the age of 98.

The veteran businessman, who was the son of Armenian immigrants, was the largest shareholder in MGM Resorts International, which owns the MGM Grand and Bellagio hotels in Las Vegas.

Kirk Kerkorian was well known for buying and then selling the MGM film studio three times, making a profit each time.

He was reported to have died on Monday night, June 15, but no cause of death has been given.

MGM Resorts said in a statement: “Mr. Kerkorian was a quiet but powerful force behind the transformation of the Las Vegas Strip into one of the world’s most popular tourist destinations.”Kirk Kerkorian dead at 98

A school dropout at 16, Kirk Kerkorian became a boxer and later flew dangerous missions delivering warplanes from Canada to Britain during World War II.

Kirk Kerkorian carried on flying after the war and opened a charter flight business ferrying gamblers who wanted to get from Los Angeles to Las Vegas more quickly than by driving.

He began buying property in Las Vegas in 1962 after selling his charter airline, which he later re-purchased.

Kirk Kerkorian was also a player in the automobile industry, losing a battle for control of Chrysler in the 1990s before taking stakes in General Motors and Ford in the 2000s.

In May 2015, Forbes magazine estimated Kirk Kerkorian’s wealth at $4.2 billion after taking a hit on his investments during the financial crisis in 2008, when the magazine said he was worth $16 billion.

In a MGM statement, CEO Jim Murren said of Kirk Kerkorian: “MGM Resorts and our family of 62,000 employees are honoring the memory of a great man, a great business leader, a great community leader, an innovator, and one of our country’s greatest generation.”

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Oscar-winning star Luise Rainer, who became the first winner of consecutive awards in the 1930s, has died at the age of 104.

German-born Luise Rainer was named best actress in 1936 and 1937 – a feat achieved by only five actors in Academy Awards history to date.

Luise Rainer’s achievement made her a force in the golden age of Hollywood cinema, but was also a curse, making her last major film in 1943.

She settled in London and made occasional appearances on film and TV.

Luise Rainer appeared in small screen series The Loveboat in 1984, while her last substantial film role came in 1998, playing opposite Michael Gambon and Dominic West in The Gambler.

The actress appeared in a number of German films before being talent-spotted by Hollywood studio MGM and making her debut in 1935.Luise Rainer dead at 104

In 1936, Luise Rainer scooped an Academy Award for her performance in The Great Ziegfeld, playing the legendary theatrical impresario’s wife.

In one famous scene, her face was tear-stained as she congratulated her former husband on his marriage to another actress.

In 1937, Luise Rainer’s portrayal of a Chinese peasant in The Good Earth won her a second statuette, at a time when Oscar winners were disclosed some time before the ceremony.

After clashing with MGM over a lack of artistic freedom and losing out to Ingrid Bergman in Ernest Hemingway’s For Whom The Bell Tolls, she broke her contract with them.

Luise Rainer was married twice, and second husband Robert Knittel died in 1989 after their marriage of 44 years.

They had one daughter, Francesca Knittel-Bowyer, who said her mother had died from pneumonia at her London home.

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