Sheldon Adelson, Jewish Patriot, Casino Magnate, and Philanthropist, Dies at 87

Sheldon Adelson, Jewish Patriot, Casino Magnate, and Philanthropist, Dies at 87

Zionist Organization of America President Morton Klein released a statement on Tuesday mourning the loss of Sheldon Adelson, the Las Vegas casino mogul and prominent donor to Republican and Jewish causes, who died at 87. He treated his employees like family.

"Adelson/default.aspx">statement from Las Vegas Sands Corp., the gaming corporation that Adelson founded in 1988 and where he served as Chairman and CEO, the multibillionaire passed away at his Malibu home.

'Much has been written and said about how Sheldon, the son of poor immigrants, rose to the pinnacle of business success on the strength of grit and genius, inspiration and integrity, ' his wife Dr Miriam D. Adelson wrote in a statement. There are countless additional untold stories of his warmth and generosity - efforts for which he never sought recognition or publicity and would only reply with a smile if asked about them. "He was an American patriot and a strong supporter of Israel".

In 2018, Forbes ranked him No. 15 in the USA, worth an estimated $35.5 billion. Sheldon Adelson was one of the biggest donors to Trump and the GOP. He was my partner in romance, philanthropy, political activism and enterprise.

The company owns the Venetian and Palazzo hotel and casinos on the Las Vegas Strip, along with properties in Singapore and Macao.

The companies' boards of directors named Robert G. Goldstein, now Las Vegas Sands' president and chief operating officer, as acting chairman and acting chief executive officer of both organizations while Adelson was on medical leave.

Both he and his wife directed nearly $350 million to Republican candidates during the 2018 and 2020 elections, putting them as the nation's top political donors according to the Center for Responsive Politics.

"I'll never forget the day he called me from his vehicle a moment after he left then-President-elect Donald Trump's office at the Trump Tower in NYC".

Adelson used his large fortune amassed over a career of expanding his gambling businesses around the world to fund Republican and right-wing initiatives, including being a major financial supporter of President Donald Trump's 2016 campaign.

Last week it was reported that he would be taking a leave of absence to resume cancer treatment for non-Hodgkin's Lymphoma.

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