Multi-bilionaire Sheldon Adelson dies at 87

Las Vegas Sands Corp Chairman and Chief Executive Officer Sheldon Adelson rides his wheelchair after a news conference in Tokyo REUTERS/Yuya Shino/Files (JAPAN - Tags: ENTERTAINMENT BUSINESS)

LAS VEGAS (AP) — Sheldon Adelson, founder, chairman and CEO of Las Vegas Sands, has passed away at the age of 87 from complications related to treatment for non-Hodgkin’s Lymphoma.

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.

Las Vegas Sands reportedly looking into US$6 billion sale of Las Vegas  assets - IAG
Las Vegas Sands Corporation, one of the many properties owned by Sheldon Adelson

“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.

Blunt yet secretive, the squatly-built Adelson resembled an old-fashioned political boss and stood apart from most American Jews, who for decades have supported Democrats by wide margins.

Adelson was considered the nation’s most influential GOP donor over the final years of his life, at times setting records for individual contributions during a given election cycle.

Adelson regularly hosted the party’s top strategists and most ambitious candidates at his modest office, wedged among the casinos on the Strip.

Throughout, he helped ensure that uncritical support of Israel became a pillar of the GOP platform, never more visibly demonstrated than when the Trump administration relocated the U.S. embassy from Tel Aviv to Jerusalem in 2018.