This post by Nataly www.facebook.com/#!/profile.php
After reading Olgeya’s and Arven’s post about Michael’s shareholding in the Hotel in Africa (Out of Africa…), I wanted to know more about the former owner of it – Sol Kerzner http://en.wikipedia.org/wiki/Sol_Kerzner.
Why is it this hotel network? Sun City? http://en.wikipedia.org/wiki/Sun_City,_North_West
Did Michael decide to invest his money and to become a shareholder?
Michael became interested in Africa after his meeting with Nelson Mandela.
Michael has met Sol supposedly in 1998 or may be even earlier. And in 1998 Michael
had already performed at the opening of Sol’s new hotel “Atlantis” on the Bahamas
Later, Michael loved to stay at this hotel in the suite for 25000$ per night.
Sol as a successful businessman should know a lot of famous people of his country…and not only of his country.
Sol Kerzner and Nelson Mandela:
His close relationships with Mandela be beyond any doubt because Sol has helped to pay for wedding of Nelson’s daughter Sol and Donald Trump (Sol’s wife in the claret red dress):
In 1999 the The Guardian posted an article that Michael has bought 27 % of Sun International holding. The deal was appraised at 40 million pounds.
Sun International company was founded in 1993 and later in 2002 renamed in Kerzner International Holdings Limited.
Also Michael and co have thought about building of a theme park in Namibia and the establishment of an Orphanage in Swaziland as the tourism project.
Let’s move to Vegas.
In 2007 it was decided to open a new resort in Vegas. To manage this project should our Sol.
And the distribution of shares between the joint venture Kerzner International Holdings Limited and MGM Mirage was 50/50: Sol’s money/ MGM’s territory. But Sol Kerzner owns 27% of MGM Mirage. So…Michael also takes his profit http://www.onlinecasinocrawler.com/blog_mgm-mirage-signs-deal.php
Also Sol Kerzner made a stab at O2. A super-casino was planned by Mr Kerzner’s company and Anshutz Entertainment Group, which developed and operates what is now known as The 02, as part of the liberalisation of Britain’s casino market.
But after the Government granted a single trial super-casino licence to Manchester in January 2007, AEG announced that the casino would not be built in the near future.
Well, many fansite since last year is repeating information that perhaps Michael is a shareholder of one of the most prestigious hotels in South Africa.
I am very interested in this information because I do not believe in debt by Michael as a possible cause falsification of death.
So, what is this mythical hotel. Let’s see.
By reviewing multiple pages in google I found only one mention of Share-holding is Michael Jackson.
“The Table Bay Hotel in Cape Town, The Palace of the Lost City at Sun City and The Royal Livingstone at the Victoria Falls in Zambia are the three 5-star Sun International destinations that shape the Route of the African Sun. As you chase the African Sun you will
come to appreciate the sterling service and unparalleled excellence that all three diverse destinations offer.”
In a world travel guide Frommer’s South Africa, 5th Edition has a note:
Developed by Sol Kerzner, the boxer-turned-businessman known locally as the “Sun King,” who capitalized on South Africa’s stern antigambling laws by situating Sun City in the then homeland of Bophuthatswana, Sun City is unlikely to bowl over anyone who’s ever been to Vegas, but it continues to rake in visitors and Bollywood film crews who love its larger than life atmosphere. The resort is relatively easy to get around, with shuttle buses constantly moving from one end to the next. A “sky train” takes visitors without cars from the entrance to the entertainment center. Closest to the entrance are the Kwena Crocodile Sanctuary, Waterworld, and The Cabanas, followed by the tacky Sun City Hotel, Casino, and world-famous Gary Player Golf Club. Adjoining this club to the north is the more upmarket Cascades Hotel and Entertainment Centre, from where you enter the grounds of the Palace of the Lost City — for most visitors, the star attraction.
The Palace was built 12 years after Sun City opened, and the sheer magnitude of its opulence is proof of the amount of money taken from those frequenting Sun City’s slot machines and tables. Separated from the rest of the resort by “The Bridge of Time” — a large stone structure that shudders and rumbles at preappointed times from a mythical earthquake, and is lined with a “guard of honor” of carved elephants — the Palace is entered through the massive Mighty Kong Gates. Looking down on the rivers and jungle vegetation, it’s hard to imagine that 15 years ago this was nothing but a dusty, rocky plain. From the bridge, you can clearly see the “Valley of Waves,” where landlocked Gautengers learn to “surf” on simulated waves, tan on man-made beaches, and hurtle down steep waterslides, reaching speeds of up to 35kmph (22 mph; note that the Valley is closed in winter). In the distance, overlooking a lake filled with live flamingos, is the majestic Palace, with what seems like an entire jungle of carved animals in attendance. Surrounding the Palace is what must be the most artfully landscaped garden in Africa, featuring five trails through 22 different sections of forest. The theme (that of a “lost city” that has been rediscovered and restored) is sometimes carried to ridiculous extremes, but the craftsmanship is world-class; the fantasy landscape is quite overwhelming. With Michael Jackson a majority shareholder, things can only get weirder.”
“As one of the king’s subjects you will stay in a room that matches your status;
338 rooms offer luxury ranging from just plain standard (and plain they are by comparison) to the king’s suite which was good enough for Michael Jackson.”
Summing up a little I would say – the rumors about 300 million of debt as they were and still rumors created by TMZ and Michael. No court has not been the reality for the debts after 25.06.2009, but what betrayed TMZ … I leave for thought. Michael may well be a shareholder, and under an assumed name…