Hundreds of people attended a church service in Gyumri on Monday to pay their respects to Kirk Kerkorian, the Armenian-American billionaire who has built thousands of homes in Armenia's second largest city ravaged by a 1988 earthquake.
Kerkorian, who died one week ago at the age of 98, financed over $230 million in infrastructure projects that were implemented in his ancestral homeland in the decades following the collapse of the Soviet Union.
A considerable part of that assistance was spent on the reconstruction of Armenia's northern regions devastated by the 1988 earthquake. Some 3,700 apartments and houses were constructed there in the early and mid-2000s.
Armenian News
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