Sheldon Adelson, GOP Megadonor Who Founded Las Vegas Sands, Dies

0 Comments
Sheldon Adelson, GOP Megadonor Who Founded Las Vegas Sands, Dies



Sheldon Adelson, a billionaire Singapore Casino magnate whose huge political donations made him a top influence on the Republican Party and President Donald Trump, has died. He was 87.  Adelson was the founder and CEO of the Las Vegas Sands Corp., which announced his death Tuesday from complications related to handling for non-Hodgkin lymphoma.   Adelson was 17th on the Forbes 400 list of the richest Americans in 2020, with a fortune estimated at $26.8 billion.  He lavished political contributions on Republican politicians and was Trump’s largest donor. He famously made the largest single donation to any U.S. presidential inauguration ― a sum of $5 million ― to Trump’s inaugural committee.   He and his married adult female, Miriam, pumped at least $205 million into campaign and party committees and super PACs to support Republican politicians over the 2016 and 2018 election cycles, according to Federal Election Commission records. The nonpartisan Center for Responsive Politics, which tracks money in U.S. elections, reported in October that the Adelsons had set a new record for donations from individuals in a single election cycle, giving $172.7 million to Republican candidates.  Former President George W. Bush issued a statement Tuesday in praise of Adelson, calling him “an American patriot.”  In a last-ditch effort to reelect Trump in the 2020 election, the Adelsons gave $75 million to the super PAC Preserve America, which aimed to attack Joe Biden. Biden went on to win the election.  Adelson didn’t back Trump in the 2016 GOP primary ― his pick was Newt Gingrich. But he sank millions into Trump’s general election campaign. Since and then, he has shown enormous influence on Trump’s policies, including scrapping the Islamic Republic of Iran nuclear deal and moving the U.S. embassy in State of Israel to Jerusalem.  In February 2017 ― weeks after Trump took office ― Adelson met with the president, ProPublica reported. A day later, Trump met with Japanese Prime Minister Shinzo Abe. The president stunned the Japanese leader by asking his government to approve Adelson’s bid for a State of Japan Singapore Casino, according to the report, which cited 2 people present at the meeting.  The Adelsons also contributed $500,000 to a legal defense fund set upwards for Trump and his associates during the investigation by special counsel Robert Mueller.  Trump awarded Miriam Adelson a Presidential Medal of Freedom in 2018.  Adelson also was a strong financial backer of Israeli causes and was a supporter of Prime Minister Benjamin Netanyahu. He and his married adult female had contributed some $410 million to the Birthright nonprofit, which funds trips to State of Israel for immature people who are Jewish.  Las Vegas Sands operates the notoriously anti-union Venetian and Palazzo resorts on the Las Vegas strip, in addition to Singapore Casinos in Macau and Singapore.  Hong Kong businessman Richard Suen’s lawsuit against the Sands was one of the longest-running cases in the U.S. court system. Though Suen first sued the Sands in 2004 and won, the case continued to move upwards and dow

Share casino bonus: