| Name: | Sheldon Gary Adelson |
| Net Worth: | $35 billion |
| Source of Wealth: | Las Vegas Sands Corporation |
| Born: | August 4, 1933 |
| Age: | |
| Death: | January 12, 2021 |
| Country: | USA |
| Wife: | Miriam Adelson |
| Children: | Shelley Adelson, Mitchell Adelson, Gary Adelson |
| Residence: | Las Vegas, Nevada, USA |
| Private Jet: | Airbus A340-500 (VP-BMS) |
| Yacht: | Queen Miri |
Sheldon Gary Adelson was a casino mogul and founder of the Las Vegas Sands Corp. He was born in August 1933. He died in January 2021. He was married to Miriam. He had 3 children (Shelley Adelson, Mitchell Adelson, and Gary Adelson).
The Las Vegas Sands Corporation is a Fortune 500 company. It is the leading global developer of destination properties (integrated resorts).
The properties feature premium accommodations, world-
In 2019 the group realized net revenues of US$13.7 billion. It realized a net income of US$ 2.7 billion. The company has more than 50,000 employees.
Properties in the United States include The Venetian Resort Hotel Casino, The Palazzo Resort Hotel Casino. Also The Sands Expo and Convention Center in Las Vegas. And the Sands Casino Resort Bethlehem in Pennsylvania.
The Sands Group also owns hotels in Macao, China. These include The Venetian Macao Resort Hotel, the Sands Cotai Central, and The Parisian Macao. Further, there are the Four Seasons Hotel Macao, The Cotai Strip, the Plaza Casino, and the Sands Macao.
The Venetian Las Vegas has 4,028 suites in two towers. The casino at The Venetian Las Vegas has approximately 120,000 square feet of gaming space.
It includes approximately 125 table games and 1,095 slot machines.
Around 1977 Adelson developed computer trade shows named COMDEX. It was targeting the computer industry. The first show was in 1979. For more than a decade Comdex was the premier computer trade show.
In 1995 Comdex was sold to SoftBank Corporation of Japan for US$ 862 million. Adelson earned US$ 500 million.
The casino magnate had a net worth of US$ 35 billion. This made him one of the richest yacht owners in the world. He was the richest person in Nevada.
In 2019 alone he received US$ 1.5 billion in dividends. And he received US$ 1.1 billion in 2015 and US$ 0,9 billion in 2014.
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Adelson was a close ally of President Donald Trump. In 2018 he donated US$ 30 million in benefit of the Republican Party.
The contributions were made to the Senate Leadership Fund and Congressional Leadership Fund.
These funds are GOP super PACs tied to congressional Republicans. This donation made him the biggest GOP donor of the 2018 midterm elections.
In 2016 he endorsed senator Marco Rubio in the presidential race. And he supports John Bolton to become the National Security Advisor of the United States.
In 2012 he donated more than US$ 92 million to conservative Super Pacs. To help elect a Republican in the 2012 presidential race. He supported Newt Gingrich with US$ 15 million.
https://en.wikipedia.org/wiki/SheldonAdelson
His main residence was (said to be…) a very large house in Las Vegas. The mansion includes a large water park with slides. There is an underground car parking and a private golf course.
He also owned an ocean front house in the gated community Malibu Colony in California.
He was the owner of the yacht Queen Miri, which he named after his wife Miriam Adelson.
Sheldon Gary Adelson owned many private jets. He owns most through his company.
The 2019 annual accounts mention: During the years ended December 31, 2019, 2018 and 2017, the Company incurred certain expenses of $9 million, $6 million and $10
million, respectively, related to the Company’s use of its Principal Stockholder’s personal aircraft and yacht and aircraft refurbishment and maintenance services for business purposes. During the years ended December 31, 2019, 2018 and 2017, the Company charged the Principal Stockholder $25 million, $20 million, and $21 million, respectively, related to aviation costs incurred by the Company for the Principal
Stockholder’s use of Company aviation personnel and assets for personal purposes. In addition, the Principal Stockholder agreed to reimburse the Company for the installation of avionics and aircraft systems on his personal aircraft. During the years ended December 31, 2019 and 2018, the Company paid $9 million and $13 million, respectively, for such costs and was reimbursed in full by the Principal Stockholder.
The fleet of Adelson includes a 2014 Airbus A340-
There are two Boeing 747 Business Jets (VP-
And a Boeing 767 (N804MS) which has been the private jet of the Saudi Prince Al Waleed bin Talal.
He also owned 4 Gulfstream G550s: the N336LS, the N337LS, the N338LS and the N339LS. We are not sure which jet is considered to be ‘the personal jet’ of Sheldon. (Update: it seems he uses one of the G550s as personal jet. )
SuperYacht Owners Database 6-2023
