Kirk Kerkorian, the man who would become the owner of the iconic MGM Grand, began his career in an unlikely place for a future billionaire: a boxing gym. Born in 1917 to Armenian immigrants in Fresno, California, Kerkorian worked odd jobs before discovering his knack for boxing. He honed his skills at the famous Fairmont Athletic Club in downtown Los Angeles, eventually becoming a professional boxer. However, his career in the ring was short-lived due to a recurring back injury.

After retiring from boxing, Kerkorian turned his attention to another passion: flying. He became a pilot during World War II, serving in the Army Air Corps and later working as a flight instructor. It was during this time that Kerkorian began to cultivate his entrepreneurial spirit. He saw an opportunity in the post-war boom and, with a loan from his brother, purchased a small airline called Trans International Airlines. This was the start of Kerkorian’s journey to becoming one of the most influential figures in the entertainment and hospitality industry.

Jim Murren’s Net Worth in 2025

As of 2025, Jim Murren, the former CEO and Chairman of MGM Resorts International, has an estimated net worth of $100 million. This figure reflects his successful career in the gaming and hospitality industry.

Career

Jim Murren’s career spans over three decades in the gaming and hospitality industry. He served as the CEO and Chairman of MGM Resorts International from 2008 to 2020, leading the company through significant growth and expansion. Prior to MGM, Murren held various executive positions at Caesars Entertainment and Penn National Gaming.

Other Ventures

In addition to his work in the gaming industry, Murren is also involved in various other ventures. He serves on the board of directors for several companies, including Wynn Resorts and Caesars Entertainment. He is also a co-founder and chairman of the board of directors for the Cannabis & Psychedelics Fund, a private equity fund focused on investing in the cannabis and psychedelics industries.

Assets

Jim Murren’s assets include a significant stake in MGM Resorts International, as well as real estate holdings in Las Vegas and other locations. He also owns a collection of fine art and collectibles. His primary residence is a luxury home in Las Vegas, valued at over $5 million.

Annual Income

During his tenure as CEO and Chairman of MGM Resorts International, Jim Murren’s annual income was significant. In 2019, his total compensation was over $20 million, including salary, stock awards, and other forms of compensation. His current annual income is not publicly disclosed.

Frequently Asked Questions about  Mgm Grand Owner

Frequently Asked Questions: MGM Grand Owner Net Worth

1. Who is the current owner of MGM Grand?

The current owner of MGM Grand is MGM Resorts International.

2. How many casinos does MGM Resorts International own?

MGM Resorts International owns and operates 28 resorts and 11 casinos in the United States and Macau.

3. What is the net worth of the owner of MGM Grand?

The latest estimated net worth of the owner of MGM Grand, MGM Resorts International, is $17.8 billion.

4. When was MGM Grand first opened?

MGM Grand was first opened on December 18, 1993.

5. How many rooms does MGM Grand have?

MGM Grand has a total of 6,852 rooms.

6. What is the size of MGM Grand?

MGM Grand covers a total area of 171,500 square feet (15,930 square meters).

7. Who designed MGM Grand?

MGM Grand was designed by architectural firm Martin Stern Jr. Architects.

8. How many restaurants does MGM Grand have?

MGM Grand has a total of 20 restaurants and bars.

9. What is the largest casino in the world?

The largest casino in the world is also owned by MGM Resorts International – the Venetian Macao in Macau, China.

10. How many employees does MGM Resorts International have?

MGM Resorts International employs approximately 77,000 people worldwide.