Will Sheldon Adelson donate $100m to Trump and Republicans?
Feb 10, 2020 · In the non-presidential election of 2018 Adelson donated $124 million that was publicly disclosed. It is not known how much dark money he gave to right wing entities that do not have to disclose ...
Will Sheldon Adelson set new charity donation record?
Feb 10, 2020 · The billionaire casino owner Sheldon Adelson, an ardent pro-Israel conservative, is expected to donate at least $100m to boost Donald Trump’s 2020 …
How much will Sheldon Adelson contribute to the 2020 election?
Did Sheldon Adelson give Mitt Romney $30 million in 2012?
Who is Sheldon Adelson?
5. Sheldon Gary Adelson ( / ˈædəlsən /; August 4, 1933 – January 11, 2021) was an American businessman, investor, political donor and philanthropist. He was the founder, chairman and chief executive officer of Las Vegas Sands Corporation, which owns the Marina Bay Sands in Singapore, and the parent company of Venetian Macao Limited, ...
How much did Adelson donate to the Romney campaign?
In June 2012, Adelson donated $10 million to the pro-Romney PAC Restore Our Future. In July, Adelson attended a Romney fundraiser held in Jerusalem. Adelson joined Woody Johnson, John Rakolta, Paul Singer, and several dozen other contributors on the trip.
What was Adelson's company under investigation for?
Adelson's company was reportedly under federal investigation over alleged violations of the Foreign Corrupt Practices Act relating to payments made to a Macau lawyer. In 2015, Sands agreed to pay a $9 million settlement with the Securities and Exchange Commission, which included no admission of wrongdoing.
How much is Adelson worth in 2020?
As of September 2020, Adelson was listed by Forbes as having a fortune of US$33.5 billion, making him the 28th-richest person in the world and 19th in the Forbes 400. He was a major contributor to Republican Party candidates and was often dubbed a " kingmaker " due to the size and frequency of his donations.
When did the Comdex start?
In the late 1970s, Adelson and his partners developed the COMDEX trade shows for the computer industry, beginning in 1979. It was one of the largest computer trade shows in the world through much of the 1980s and 1990s.
What newspaper did Adelson buy?
In December 2015, Adelson purchased the Las Vegas Review-Journal newspaper . The purchase was made through a limited liability company called News + Media Capital Group LLC and his involvement with the deal was initially kept secret. A week after the purchase was announced, three Review-Journal reporters revealed that the deal had been orchestrated by Adelson's son-in-law Patrick Dumont on Adelson's behalf. Commentators described the $140 million paid for the paper as "lavish" and as a dramatic overpayment, and speculated that the move was a power play to further Adelson's business or political agendas.
How much did Adelson buy the Sands Hotel?
The Palazzo, Las Vegas. In 1988, Adelson purchased the Sands Hotel and Casino in Las Vegas for $110 million (approximately equivalent to $240,710,000 in 2020).
Early Life
Adelson was born on August 4, 1933, and grew up in the Dorchester neighborhood of Boston, the son of Sarah (née Tonkin) and Arthur Adelson. He was Jewish. His father's family was of Ukrainian Jewish and Lithuanian Jewish ancestry. His mother immigrated from England, and Adelson said that his grandfather was a Welsh coa…
Business Career
- COMDEX
In the late 1970s, Adelson and his partners developed the COMDEX trade shows for the computer industry, beginning in 1979. It was one of the largest computer trade showsin the world through much of the 1980s and 1990s. In 1995, Adelson and his partners sold the Interface Group Show …
Other Activities
- Israeli press
In 2007, Adelson made an unsuccessful bid to purchase the Israeli newspaper Maariv. When this attempt failed, he proceeded with parallel plans to publish a free daily newspaper to compete with Israeli, a newspaper he had co-founded in 2006 but had left. The first edition of the new newspa… - Las Vegas Review-Journal
In December 2015, Adelson purchased the Las Vegas Review-Journal newspaper. The purchase was made through a limited liability company called News + Media Capital Group LLC and his involvement with the deal was initially kept secret. A week after the purchase was announced, th…
Involvement in Politics
- According to The New Yorker, Adelson began making major contributions to the Republican National Committee following clashes with labor unions at his Las Vegasproperties. The New Yorker article also quoted Shelley Berkley, a Nevada Democratic Party congresswoman, with whom Adelson had a long feud. She worked for him in the 1990s as vice-president of legal and g…
Donations
- On September 23, 2016, Adelson announced a $25 million donation to Trump's presidential campaign, as part of a $65 million donation to the Republican electoral campaign for 2016. This rendered Adelson by far the biggest donor in either party (Republicans or Democrats) in the 2016 election cycle. It also makes him by far the largest donor to Donald Trump's White House bid.Ad…
Personal Life
- Marriages
In the 1970s, Sheldon Adelson lived in Massachusetts with his wife, Sandra, and her three children, Mitchell, Gary, and Shelley, whom Sheldon adopted when they were young.The couple divorced in 1988. Adelson met Miriam Farbstein Ochshorn, a medical doctor, on a blind date the … - Litigation
A June 2008 profile in The New Yorker detailed several controversies involving Adelson. In 2008 Richard Suen, a Hong Kong businessman who had helped Adelson make connections with leading Chinese officials in order to obtain the Macau license, took Adelson to court in Las Vegas allegin…
External Links
- Appearances on C-SPAN
- Sheldon Adelson on Charlie Rose
- Campaign contributions in 2012 to outside spending groups at Center for Responsive Politics
- "Sheldon Adelson collected news and commentary". The New York Times.
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