December 29, 2024

Sheldon Adelson, casino mogul and GOP power broker, dies at 87 after long illness

Sheldon Adelson #SheldonAdelson

ByThe Associated Press

January 12, 2021, 1:25 PM

• 2 min read

Share to Facebook Email this article

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

Miriam Adelson and the Las Vegas Sands Corp. both 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 tenement, who over the second half of his life became one of the world’s richest men.

The chairman and CEO of the Las Vegas Sands Corporation brought singing gondoliers to the Las Vegas Strip and foresaw correctly that Asia would be an even bigger market.

In 2018, Forbes ranked him No. 15 in the U.S., worth an estimated $35.5 billion.

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

Leave a Reply