In 1994, he acquired the bankrupt Paradise Island Resort in the Bahamas and converted it into a 2,300-home resort known as Atlantis — a brand that he also employed in Dubai in 2008, when he opened the $1.5 billion, 1,500-space Atlantis, the Palm, in Dubai. His enterprise mentioned a firework display, the centerpiece of a $20 million start bash, had been the world’s biggest and experienced been seen from house.
Doing the job with his son Howard, who is identified as Butch, Mr. Kerzner constructed his initially casino in the United States in 1996, on an Indian reservation in japanese Connecticut, naming it the Mohegan Sunshine.
A 10 years afterwards, the Kerzners took their enterprise non-public for $3.6 billion, like financial debt — a transfer described by some analysts as a uncommon misstep in mild of the economic chaos that was about to roil the international tourism marketplace.
By 2011, the enterprise experienced renegotiated the debt, correctly starting to be a administration enterprise alternatively than an owner-operator, Reuters described. He retired to his family’s 25-acre estate near Cape City in 2014, four decades following he was knighted by Queen Elizabeth II for expert services to the Bahamas.
His private daily life, nicely-chronicled by gossip columnists, was just one of extravagance and ostentation punctured by tragedy. In 2006, Butch Kerzner was killed in a helicopter crash in the Dominican Republic. The 2nd of his 4 wives, Shirley Bestbier, committed suicide quickly immediately after the delivery of their 2nd youngster.
His initially marriage, to Maureen Adler, finished in divorce. His third relationship, to Anneline Kriel, who, symbolizing South Africa, was topped Skip Environment in 1974, lasted from 1980 to 1985. In 2000 he married Heather Murphy, a product they divorced in 2011.
He is survived by 4 young children, Andrea and Beverley, from his 1st marriage, and Brandon and Chantal, from his second.