Entrepreneurs: The High Ride on Free Time

"I can see it only getting better and better. Wages are going higher, and hours are getting shorter. People have got to have a place to spend it." That is the basic business maxim of Kirk Kerkorian, the travel-and-leisure entrepreneur whose retiring manner belies the fact that in 20 years he has amassed a fortune estimated at $275 million.

By betting on his conviction that the leisure field is bound to grow, Kerkorian has become second only to Billionaire Howard Hughes as a developer in Las Vegas. Kerkorian dislikes being compared with Hughes,...

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