Who Is Sheldon Adelson? Age, Biography and Wiki
Sheldon Adelson was born on August 4, 1933, and passed away on January 11, 2021, at the age of 87. He was a prominent American businessman, philanthropist, and political donor, best known for founding the Las Vegas Sands Corporation. His influence extended far beyond the casino industry, impacting various sectors and contributing to numerous philanthropic causes. As his life came to a close, Adelson's legacy continued to shape the landscape of American politics and business.
| Occupation | Billionaire |
|---|---|
| Date of Birth | August 4, 1933 |
| Age | 87 Years |
| Birth Place | Boston, Massachusetts, U.S. |
| Horoscope | Leo |
| Country | Mali |
| Date of death | 11 January, 2021 |
| Died Place | Malibu, California, U.S. |
Popularity
Sheldon Adelson's Popularity over time
Height, Weight & Measurements
While specific measurements related to Sheldon Adelson’s height and weight are not widely documented in public sources, he was known to present a robust stature typical for men of his era.
Family, Dating & Relationship Status
Sheldon Adelson was married twice. His first marriage to Sandra, with whom he had three children, ended in divorce. He later married Miriam Farbstein in 1991, who remained with him until his death. Miriam played a significant role in his personal and professional life, often appearing alongside him at various philanthropic events and political gatherings.
He was Jewish. His father's family was of Ukrainian Jewish and Lithuanian Jewish ancestry. His mother emigrated from England, and Adelson said that his grandfather was a Welsh coal miner. His father was a taxi driver, and his mother ran a knitting shop.
Net Worth and Salary
At the time of his death in 2021, Sheldon Adelson's net worth was estimated to be around $35 billion, making him one of the wealthiest individuals in the world. His wealth primarily stemmed from his extensive investments in the casino and hospitality industries, particularly through the Las Vegas Sands Corporation. Following his death, the management of his estate and fortune continues to be of interest, as his legacy lives on through the businesses he built.
Adelson led a project to bring Las Vegas Sands casinos to Macau. The 1000000 sqft Sands Macao became China's first Las Vegas-style casino when it opened in May 2004. He recovered his initial $265-million investment in one year and, because he owned 69% of the stock, he increased his wealth when he took the stock public in December 2004.
Following the opening of the Sands Macao, Adelson's personal wealth multiplied more than fourteen times.
Career, Business and Investments
Sheldon Adelson's career began in the 1950s in various business ventures, including selling newspapers and managing a vending machine company. However, he found his passion in the gaming industry, founding the Las Vegas Sands Corporation in 1988. Under his leadership, the company developed several luxury resorts, including The Venetian and The Palazzo in Las Vegas, as well as properties in Macau and Singapore, turning them into global gaming destinations.
Adelson was also known for his significant political contributions, advocating for pro-Israel initiatives and supporting Republican candidates throughout his life. His business acumen and investments have continued to inspire entrepreneurs and investors around the globe.
Sheldon Gary Adelson (August 4, 1933 – January 11, 2021) was an American businessman, investor, and political donor.
He was the founder, chairman and chief executive officer of Las Vegas Sands Corporation, which founded the Marina Bay Sands luxury resort in Singapore, and the parent company of Venetian Macao Limited, which operated The Venetian Las Vegas and the Sands Expo and Convention Center before selling the properties in early 2022.
He owned the Israeli daily newspaper Israel Hayom, the Israeli weekly newspaper Makor Rishon, and the American daily newspaper the Las Vegas Review-Journal.
Social Network
Adelson maintained a strong presence in the business and political social circles. Although he was not overly active on social media, he was a prominent figure at political fundraisers and events, often leveraging his wealth to support causes aligned with his values. His philanthropic efforts were significant, contributing hundreds of millions to medical research, education, and Jewish organizations.
In 1995, Adelson and his partners sold the Interface Group Show Division, including the COMDEX shows, to SoftBank Group of Japan for $862 million; Adelson's share was over $500 million.
Education
Sheldon Adelson attended the City College of New York, although he did not graduate. His innate entrepreneurial spirit and business savvy allowed him to achieve remarkable success without a formal degree. Adelson's life story emphasizes the belief that determination and creativity can lead to success in business and life, irrespective of academic achievements.
In conclusion, Sheldon Adelson's legacy as a businessman, philanthropist, and political figure continues to hold relevance in 2025. While he may have passed, the impact of his work and the principles he stood for live on, influencing future generations and shaping the landscape of American business and philanthropy.
In a panel discussion at Yeshiva University on October 22, 2013, Adelson said that the United States must get tougher on the issue of Iran's suspected nuclear weapons program.
He said: "You pick up your cell phone and you call somewhere in Nebraska and you say 'OK, let it go' and so there's an atomic weapon goes over, ballistic missiles in the middle of the desert that doesn't hurt a soul, maybe a couple of rattlesnakes and scorpions or whatever".
He explained that, after a show of force and a threat to also drop a nuclear bomb on Tehran, the U.S.
should then say: if "You [Iran] want to be peaceful, just reverse it all and we will guarantee that you can have a nuclear power plant for electricity purposes, energy purposes." Adelson's spokesman told reporters that Adelson "was obviously not speaking literally" about using an atomic bomb in the desert, and that he was "using hyperbole to make a
point that ...
actions speak louder than words".
