Sheldon Adelson, casino mogul who made big bets on Trump and Netanyahu, dies at 87
Combative self-made billionaire Sheldon Adelson, who assembled the world’s largest casino empire and used his fortune to nurture conservative politicians and policies in the United States and Israel, has died at age 87.
The American casino mogul, raised in a poor Jewish immigrant family in Boston as the son of a cab driver, established lavish hotels and casinos in Las Vegas, Macau and Singapore, and headed the world’s largest casino company, Las Vegas Sands Corp.
Adelson’s wealth made him a formidable figure in American and Israel politics and in the news media. He was a vigorous supporter of U.S. President Donald Trump, former U.S. President George W. Bush and Israeli Prime Minister Benjamin Netanyahu as well as a prolific donor to U.S. Republican politicians and foe of Democrats, including former U.S. President Barack Obama.
“He was an American patriot, a generous benefactor of charitable causes, and a strong supporter of Israel,” Bush said in a statement.
Adelson died on Monday night from complications related to treatment for non-Hodgkin’s lymphoma, a cancer of the lymphatic system, Las Vegas Sands said in a statement on Tuesday.
With a net worth of $33.4 billion as of this week, Adelson ranked as the world’s 38th richest person on the Bloomberg Billionaires Index.
Known for his extensive philanthropy and business ventures in Israel and donations to Jewish causes, Adelson counted Netanyahu as a close friend.
“Sheldon’s tremendous actions to strengthen Israel’s standing in the United States and the connection between Israel and the (Jewish) Diaspora will be remembered for generations,” Netanyahu said in a statement……read more