SHELDON ADELSON (1933-2021) • Net Worth $35 billion • House • Yacht • Private Jet • Las Vegas Sands

Name:Sheldon Gary Adelson
Net Worth:$35 billion
Source of Wealth:Las Vegas Sands Corporation
Born:August 4, 1933
Death:January 12, 2021
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 Adelson: The Man Behind the Casino Empire

Sheldon Gary Adelson was a formidable figure in the gaming industry, a celebrated casino mogul and the visionary founder of the Las Vegas Sands Corp. Born in August 1933, Adelson lived a life that was as illustrious as the casinos he built. His journey came to a close in January 2021, leaving behind a lasting legacy. He was survived by his wife, Miriam, and three children – Shelley Adelson, Mitchell Adelson, and Gary Adelson.

Key Takeaways

  • Sheldon Gary Adelson was an influential casino mogul and the founder of the Las Vegas Sands Corp.
  • Adelson’s empire extended from the United States to China, owning renowned properties like The Venetian Resort Hotel Casino and The Venetian Macao Resort Hotel.
  • COMDEX, a computer trade show developed by Adelson in the late 1970s, became a landmark event in the computer industry.
  • At the time of his death, Adelson’s net worth was estimated at US$ 35 billion, making him one of the richest individuals globally.

Las Vegas Sands Corp: Building a Global Casino Empire

The Las Vegas Sands Corporation distinguished itself as a Fortune 500 company and emerged as the leading global developer of integrated resorts—destination properties that offered a blend of high-end accommodations, world-class gaming and entertainment, retail spaces, convention and exhibition facilities, celebrity chef restaurants, and other premium amenities. In 2019, the group achieved staggering net revenues of US$13.7 billion and a net income of US$ 2.7 billion, employing over 50,000 people.

Unveiling the Las Vegas Sands Properties

The Las Vegas Sands Corp’s properties are synonymous with opulence and extravagance. In the United States, the portfolio features iconic establishments like the The Venetian Resort Hotel Casino, The Palazzo Resort Hotel Casino, The Sands Expo and Convention Center in Las Vegas, and the Sands Casino Resort Bethlehem in Pennsylvania.

Expansion into Macao: A Gateway to the East

The Sands Group’s footprint extends beyond the United States, with several prized properties in Macao, China. These include the The Venetian Macao Resort Hotel, the Sands Cotai Central, and The Parisian Macao. Further, the portfolio comprises the Four Seasons Hotel Macao, The Cotai Strip, the Plaza Casino, and the Sands Macao.

The Crown Jewel: The Venetian Las Vegas

One of the Sands Group’s most eminent properties is The Venetian Las Vegas, a colossal establishment boasting 4,028 suites across two towers. The casino, an integral part of The Venetian Las Vegas, sprawls across approximately 120,000 square feet of gaming space, hosting approximately 125 table games and 1,095 slot machines.

COMDEX: Trailblazing the Computer Industry

In the late 1970s, Adelson revolutionized the computer industry with the introduction of COMDEX, a series of computer trade shows. Debuting in 1979, COMDEX quickly gained prominence as the premier computer trade show, maintaining its status for over a decade. In 1995, Adelson sold COMDEX to Japan’s SoftBank Corporation for a staggering US$ 862 million, pocketing US$ 500 million from the deal.

The Sheldon Adelson Net Worth: A Casino Magnate’s Fortune

Adelson’s formidable success in the gaming industry contributed to a net worth of an estimated US$ 35 billion, making him one of the wealthiest yacht owners globally and the richest person in Nevada. Adelson received significant dividends throughout his life, amassing US$ 1.5 billion in 2019 alone, and US$ 1.1 billion and US$ 0.9 billion in 2015 and 2014, respectively.

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Sheldon Gary Adelson

Sheldon Gary Adelson


The Parisian Macao Sands


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.


Sheldon Adelson House

Adelson Yacht Queen Miri

He was the owner of the yacht Queen Miri, which he named after his wife Miriam Adelson.

The Queen Miri yacht, a luxurious vessel designed by Alpha Marine, was named after Sheldon Adelson’s wife, Miriam.

The yacht can host up to 36 guests and is manned by a crew of 32.

Powered by two MTU engines, the Queen Miri can achieve a top speed of 17 knots and a cruising speed of 12 knots.

Originally named Annaliesse and later Delma, the yacht underwent a grand transformation during a two-year refit at Amico.

A highlight of the refit is the addition of a pool and relaxation area, enhancing the yacht’s luxury quotient.