Monday, July 15, 2024

GOP power broker and casino mogul Sheldon Adelson dies at 87

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Sheldon Adelson, the billionaire mogul and power broker who built a casino empire stretching from Las Vegas to China and became a singular force in domestic and international politics, has died of a long illness his wife said on Tuesday.

Miriam Adelson and the Las Vegas Sands Corp. released statements confirming Adelson’s death. He was 87 years old.

He was the son of Jewish immigrants, raised with two siblings in a Boston apartment building, who during the second half of his life became one of the richest men in the world.

The president and CEO of the Las Vegas Sands Corporation brought singing gondoliers to the Las Vegas Strip and predicted Asia would be an even bigger market.

In 2018, Forbes ranked it No. 15 in the United States, with an estimated value of $ 35.5 billion.

“If you do things differently, success will follow you like a shadow,” he said at a 2014 conference at the gambling industry in Las Vegas.

Abrupt but secretive, the stocky Adelson looked like an old-fashioned political boss and stood out from most American Jews, who for decades have supported Democrats at wide margins. Adelson was considered the country’s most influential donor during the later years of his life, sometimes setting records for individual contributions in any given election cycle.

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