SHELDON ADELSON – Net Worth $35 billion – Owner of the yacht Queen Miri

Name:Sheldon Gary Adelson
Net Worth:$35 billion
Source of Wealth:Las Vegas Sands Corporation
Born:August 4, 1933
Death:January 12, 2021
Country:USA
Spouse:Miriam Adelson
Children:Shelley Adelson, Mitchell Adelson, Gary Adelson
Residence:Las Vegas, Nevada, USA
Private Jet:Airbus A340-500 (VP-BMS)
Yacht:Queen Miri

Who is Sheldon Adelson?

He 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, Mitchell and Gary).

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-class gaming, and entertainment. And retail, convention, and exhibition facilities, celebrity chef restaurants, and other amenities.

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.

Las Vegas Sands Properties

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.

Macao Properties

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

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.

Comdex

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.

Sheldon Adelson Net Worth

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.

Sheldon Gary Adelson

Sheldon Gary Adelson


Las-Vegas-Sands


The Parisian Macao Sands

Politics

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.

Sources

https://en.wikipedia.org/wiki/SheldonAdelson

https://en.wikipedia.org/wiki/Las_Vegas_Sands

https://www.sands.com/

https://www.forbes.com/profile/sheldonadelson/

Sheldon Adelson House

Sheldon Adelson Yacht


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