Las Vegas Sands announced the 87-year-old entrepreneur’s passing in a statement released Tuesday morning. Sheldon Adelson was the CEO and the chairman of Las Vegas Sands. In March 2019, Adelson was diagnosed with lymphoma. He died on Monday due to complications related to the treatment of non-Hodgkin’s Lymphoma.
If we see his childhood history, Sheldon was born to immigrant parents in USA and raised in a poor section of Boston. World’s most successful entrepreneur, Sheldon Adelson even had to sell newspaper in his teenager age.
Sheldon Adelson started casino business at age of 55 with his partners by buying the Sands Hotel & Casino in Las Vegas for $128 million. He was owner of more than half of the multi-billion dollar gambling empire spread in Las Vegas, Singapore and Macao, China. Sheldon Adelson was a prolific donor to right-wing causes in both the U.S. and Israel.
He was a great supporter of President Trump. In 2016, Adelson was a crucial backer of the president contributing to his initial campaign and then generously backing his re-election bid. Even in 2020 election cycle, Sheldon Adelson and his wife Miriam put over $215 million into causes supporting Trump and the GOP.
Adelson also stepped in media industry. Israel Hayom, was launched by him, which is now Israel’s most widely read newspaper. Sheldon Adelson also took control of the Las Vegas Review-Journal newspaper in a 2015 purchase that initially obscured his involvement. Because of this, many reporters and editors left the publication and complaints that top management would heavily vet all stories relating to Adelson and his legal disputes.