By Bernd Debusmann Jr
Kerzner International built Atlantis, the Palm and Dubai's One & Only resorts
Sol Kerzner, the founder of the company that built Atlantis and One & Only resorts, has passed away.
Kerzer was chairman of Kerzner International until 2014, when the Investment Corporation of Dubai took a majority stake in the company.
He died at his home in Cape Town, South Africa, according to local media.
“Sol was a visionary pioneer, inventing the concept of entertainment destination reports, first with Sun City in South Africa and then with the iconic Atlantis resorts around the world,” the company said in a statement.
“He not only built resorts, he built destinations, always finding the best location for his vision and celebrating each country in which we operate,” the statement added.
Founded in 1975, Kerzner International has developed resorts in a number of countries around the globe, including Atlantis, the Palm and both of Dubai’s One & Only resorts.
It is currently working on the Royal Atlantis, also in Dubai.
The company is now owned 99.99 percent by the Investment Corporation of Dubai.