Date of Birth: August 4, 1933
Zodiac Sign: Leo
Date of Death: January 11, 2021
Biography
Sheldon Gary Adelson was an American business magnate, investor, and philanthropist. Born in Boston, Massachusetts, Adelson rose from humble beginnings to become one of the wealthiest individuals in the world, primarily through his ventures in the casino and hospitality industries. He was the founder, chairman, and chief executive officer of Las Vegas Sands Corporation, which operates the Venetian Resort Hotel Casino and the Sands Expo and Convention Center in Las Vegas, as well as its flagship property, the Marina Bay Sands in Singapore. Adelson’s business acumen was evident from a young age when he started selling newspapers at the age of 12. Over the years, he ventured into various industries including vending machines, charter tours, and eventually, the computer trade show COMDEX, which he sold for $862 million in 1995. His major breakthrough came with his investments in the casino industry, where he revolutionized the concept of integrated resorts that combine casinos, hotels, and convention centers. In addition to his business endeavors, Adelson was a notable political donor, contributing to various political campaigns and causes, particularly those aligned with the Republican Party in the United States and the Likud party in Israel. He was also deeply involved in philanthropy, donating to medical research, educational initiatives, and Jewish causes.
5 Interesting Facts about Sheldon Adelson
1. Sheldon Adelson was the son of immigrants; his father was a Lithuanian Jewish immigrant, and his mother was an immigrant from Ukraine.
2. He dropped out of the City College of New York but later received an honorary degree from Tel Aviv University.
3. Adelson was a major donor to the Republican Party and spent millions supporting candidates and political action committees.
4. He established the Adelson Medical Research Foundation, which supports collaborative research on life-threatening illnesses.
5. He served in the U.S. Army during the Korean War.
5 Most Interesting Quotes from Sheldon Adelson
1. “Why do I need succession planning? I’m very alert, I’m very vibrant. I have no intention to retire.”
2. “I’m against very wealthy people attempting to or influencing elections. But as long as it’s doable, I’m going to do it.”
3. “When you do business with people you need to make sure that they are committed.”
4. “If something is worth doing, it’s worth overdoing.”
5. “The joy of living is the joy of giving.”
Highest Net Worth Achieved
At his peak, Sheldon Adelson’s net worth was estimated to be around $35 billion.
Children
Sheldon Adelson had five children: Mitchell, Gary, Shelley, Yasmin, and Matan Adelson.
Relevant Links
1. [Sheldon Adelson – Forbes Profile](https://www.forbes.com/profile/sheldon-adelson/
2. [Las Vegas Sands Corporation](https://www.sands.com/
3. [Adelson’s Philanthropy – The Adelson Foundation](https://www.adelsonfoundation.org/
