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In an astonishing life that spanned almost nine decades, Sheldon Adelson rose from Depression-era poverty to become a business mogul who made his fortune, in part, by breaking into Communist China. 2020 Forbes 400 NET WORTH. Sheldon Adelson, the CEO and chairman of casino company Las Vegas Sands, died at age 87 on January 11, 2021. He owned more than half of the $14.
Sheldon Adelson lived the American dream, a version so extreme that it could be the plot of a Hollywood blockbuster. He started far poorer, and ended up far wealthier, than almost anyone in history, and he knew it. When you met with him, which I was lucky enough to do on a very few occasions, he made a point of giving you a short speech about growing up in a two-room Dorchester tenement and sleeping on the floor with his siblings. His parents were immigrants and they were desperately poor—so don’t think the gilded office you were sitting in was handed to him, and don’t think he doesn’t know what it takes.
Adelson made and lost a fortune more than once en route to his ultimate success of transforming Las Vegas from a gambling destination to the place where thousands of national and international conventions are held each year—and owning the facilities that host them. While sitting in his office at the Venetian listening to stories of sleeping on the floor you looked around at the walls hung with pictures of Adelson on magazine covers and the ceiling hung with models of his private jets. His fleet includes two 747s. I asked him why two, and he said that he got annoyed having to stop to refuel en route to Macau, and decided to get a backup in case one 747 was down for repairs.
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It was very American of him to be unashamed of both his poor and humble upbringing and his enormous wealth and success. Endlessly caricatured in the media as a 'casino billionaire' and 'GOP megadonor' the idea was to paint him as an out of touch, exploitative villain. But he gave far more to medical research, drug abuse treatment, schools and universities, wounded veterans, and Jewish and Israel causes than he did to Republicans, and much of it was done quietly and without public recognition. All of it stemmed from deep personal convictions.
In 2015, he convened an invitation-only gathering at the Venetian for pro-Israel activists. Over the previous few years the BDS movement had grown in influence, especially on college campuses where it was being adopted as a 'social justice' cause, and he wanted to do something about it. He had assembled a handful of donors and asked his guests to take the stage in a mostly empty convention hall and pitch them.
I don’t remember much about the pitches, but I remember his speech to the group very well. Adelson was a tough and decisive man, but his remarks were sentimental and moving, even intimate. Why was he committing millions of dollars to the anti-BDS cause? Because, he said, he saw in his own lifetime what happened when hatred was not confronted. He spoke about 'the six million' who perished because nobody stood up and did something. There was no Sheldon Adelson in the 1930s, armed with billions of dollars and hard moral convictions. It was his solemn obligation to the six million, he said, to never let anti-Semitism go unchallenged. He said his parents got out but the ones left behind were just like them, and his family could have easily met their fate.
They escaped to America, where their son proved you can go from sleeping on the floor of a tenement to sleeping in the master bedroom of your own Boeing 747. Despite his wealth and fame he never lost a sense of solidarity with working people or forgot the hardships of his childhood. Adelson and his founding partners in Comdex, the computer trade show that he parlayed into his first casino purchase, came from similar backgrounds. As one Comdex executive put it, 'They watched their fathers do a lot of manual labor in the food markets and the factories, and they said, ‘When we hire people we are never going to allow them to be treated the way our parents were treated.’’’ Last year, when the pandemic shuttered the Strip, Adelson announced he would continue paying the salaries and health insurance of the nearly 10,000 employees of Las Vegas Sands. Always a micromanager with an eye for detail, this included coverage for lost tips.
In that first meeting in his office, I noticed that he had various fabric samples laid out on a table for review. Looking back now it seems like a wonderful illustration of the man: In his eighties, worth $40 billion, with world leaders begging for his attention, but still picking out curtains and carpeting for his hotels.
| Celebrated Name: | Sheldon Adelson |
|---|---|
| Real Name/Full Name: | Sheldon Gary Adelson |
| Gender: | Male |
| Age: | 87 years old |
| Birth Date: | 4 August 1933 |
| Birth Place: | Dorchester, Boston, Massachusetts, United States |
| Nationality: | American |
| Height: | 1.73 m |
| Weight: | 85 kg |
| Sexual Orientation: | Straight |
| Marital Status: | Married |
| Wife/Spouse (Name): | Miriam Adelson (m. 1991), Sandra Adelson (m. ?–1988) |
| Children: | Yes (Shelley Adelson, Mitchell Adelson, Gary Adelson) |
| Dating/Girlfriend (Name): | N/A |
| Profession: | American business magnate, investor, philanthropist, and political donor |
| Net Worth in 2021: | $40 billion |
| Last Updated: | March 2021 |
Sheldon Adelson is a well-known business magnate from America who is best known to be the founder, chief executive officer, and chairman of Las Vegas Sands Corporation. He is the owner of Singapore’s Marina Bay Sands, and his company is the parent company of many companies. Adelson is also the owner of the newspaper ‘Israel Hayom’.
Maybe you know about Sheldon Adelson very well But do you know how old and tall is he and what is his net worth in 2021? If you do not know, We have prepared this article about details of Sheldon Adelson’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.
Early Life
Sheldon Gary Adelson was born on August 4, 1933, in Boston, Massachusetts to his parents Arthur Adelson and Sarah Adelson. He was raised in the Dorchester neighbourhood.
He went to a trade school to be a court reporter and later went to City College of New York but only to get dropped out. Adelson started his business career when he was 12 years old. Following his school, he also joined the army.
Sheldon Adelson was first married to Sandra. They had three adopted children named Shelley, Gary, and Mitchell. He divorced Sandra in 1988. In 1991, he got married to Miriam Ochshorn, who was previously married to Ariel Ochshorn and had two daughters.
Adelson is a philanthropist and has donated more than $25 million to build schools in Las Vegas. He is the founder of The Adelson Educational Campus. He has also made millions of donations to the Republican Party.
Age, Height, and Weight
Being born on 4 August 1933, Sheldon Adelson is 87 years old as of today’s date 9th March 2021. His height is 1.73 m tall, and weight is 85 kg.
Career
At 12, Sheldon Adelson borrowed $200 and began to sell newspapers in Boston. At the age of 16, he further borrowed $10,000 to begin a car-vending machine business. After getting discharged from the army, he started to sell chemical spray, which was called De-Ice-It. He did charter tour business in the 1960s. In his business career, he owned almost 50 businesses.
In the 1970s, he co-developed the computer trade show ‘COMDEX’. It became a premier computer trade show since its launch. In 1992, it was sold to Japan’s SoftBank Corporation for $862 million. His share was more than $500 million.
Sheldon Adelson Fortune 500
In 1988, he bought the Las Vegas’s Sands Hotel and Casino. He then went on to construct the Sands Expo and Convention Center. In 1999, he constructed ‘The Venetian’ for $1.5 billion. He also built a casino in the late 2000s in Bethlehem, Pennsylvania.
Adelson opened the Sands Macao casino in China in 2004. In 2007, he opened the Venetian Macao, a resort hotel worth $2.4 billion. He co-founded the Israeli newspaper called ‘Israel Hayom’ in 2007. This was followed by buying the newspaper Las Vegas Review-Journal.
How Much Is Sheldon Adelson Worth
Awards & Achievements
In 2008, Sheldon Adelson received the Woodrow Wilson Award from Woodrow Wilson International Center for Scholars. The Nevada Policy Research Institute has bestowed him with the Chairman’s Award. He was appointed by George W. Bush to be on the Honorary Delegation to Jerusalem.
Net Worth & Salary of Sheldon Adelson in 2021
As of March 2021, Sheldon Adelson has an estimated net worth of more than $40 billion. According to Forbes, his wealth was $26 billion in 2008. He owes this fortune to his business career. Forbes estimated that his wealth was $37.2 billion in 2013.
Casinos Owned By Sheldon Adelson
He also owns a fleet of private jets. He owns a number of businesses and started venturing into the business from a very young age. In 2007, he was the third richest person in the USA. His annual income is a reported $2 billion.
Sheldon Adelson Fortune Group
Sheldon Adelson is considered one of the most popular businessmen in the world. He has done many businesses in his career and found considerable success in it. He is also a philanthropist and has made donations worth millions of dollars. He has also been a contributor to the Republican Party and donated $25 million to the presidential campaign of Donald Trump in 2016. In recent years, Sheldon Adelson has fought hard against internet gambling.