Sheldon Adelson, Trump Megadonor and casino mogul, dead at 87

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Sheldon Adelson, the multi-billion dollar casino mogul who was one of Donald Trump’s biggest backers in his two presidential election cycles, has died at the age of 87.
Adelson’s death was confirmed Tuesday morning by his wife and company, Las Vegas Sands. Dr Miriam Adelson said her husband succumbed to ‘complications from a long illness’ just five days after it was reported that he was stepping down as chairman of Sands to undergo cancer treatment for his non-Hodgkin lymphoma.

For more than three decades, the Adelsons’ political spending was almost limitless. The couple set a new single-election cycle personal giving record last year, giving Trump and other Republican groups $ 172.7 million ahead of the presidential election. He used his estimated $ 35 billion casino fortune to fund Republican candidates and causes at home and in Israel.

“It is with unbearable pain that I announce the death of my husband, Sheldon G. Adelson, complications of a long illness,” wrote Miriam Adelson in a statement confirming the death of her husband on Tuesday. “Sheldon was the love of my life. He was my partner in romance, philanthropy, political activism, and business. She was my soul mate.

Sands confirmed Adelson’s death to investors and said his funeral would be held in Israel with a subsequent memorial service in Las Vegas.

Adelson, one of the richest self-taught men in the world, grew out of a poor childhood to build the world’s largest casino empire. After making his initial fortune in computers, he bought the Sands Hotel and Casino in 1989 and replaced it with the $ 1.5 billion Venetian Resort Hotel Casino in 1999. In 2007, he opened the Venetian Macao , a $ 2.4 billion complex located in the seventh largest in the world. building.

But he is best known to the public for his political spending – in recent times, his generous support for Trump. In 2015, he bought The Las Vegas Review-Journal, Nevada’s biggest newspaper, for $ 140 million. the Journal was the first major newspaper in the country to endorse Trump for president ahead of the 2016 election. The newspaper endorsed Trump again in 2020, but urged him to concede after his defeat.

Adelson’s off-scale political spending led to what was called the “Adelson primary” ahead of the 2016 election, in which aspiring Republican presidents flocked to Las Vegas to beg Adelson to support them. According to the Washington Post, at least 17 GOP hopefuls visited him before he finally decided to throw his weight behind Trump. Adelson threw $ 25 million on Trump’s successful campaign.

As Adelson’s millions were pumped into his campaign, Trump gradually shifted his stance on Israel to match that of his backer, abandoning five decades of American foreign policy that called for a two-state solution to the Israeli conflict. Palestinian. Trump awarded Miriam Adelson the Presidential Medal of Freedom in 2018.

Adelson is survived by his wife, two sons and two foster children from his previous marriage.

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