Republican Megadonor Sheldon Adelson Dies at 87

Darnell Taylor
January 12, 2021

Las Vegas Sands shares were down 1.4 percent in afternoon trading on Friday, following news of Adelson's medical leave.

Further properties in Macau (Sands Macao) and Singapore (Marina Bay) followed as his casino empire grew, but he was also putting his money to good use elsewhere. The cause of death was apparently complications related to treatment for non-Hodgkin's lymphoma, which Adelson was diagnosed in 2019, according to a Nevada newspaper. Sheldon Adelson was one of the biggest donors to Trump and the GOP.

The magnate, who built a casino empire stretching from Las Vegas to China and worked to become an exceptional figure in domestic and global politics, was 87. "He was a one-issue donor and his issue was Israel". Adelson donated $20 million to Trump's 2016 presidential campaign and spoke to Trump frequently after he became president.

Adelson was a staunch supporter of Israel and was particularly close to Israeli Prime Minister Benjamin Netanyahu. He funded a free daily newspaper, Israel Hayom, that took an editorial line supporting Netanyahu and his policies.

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"Sheldon Adelson's life represents the best of the American dream", Secretary of State Mike Pompeo tweeted on Tuesday, while Republican Senate Majority Leader Mitch McConnell called him a "remarkable American".

While his business credentials - having started or been involved in more than 50 different enterprises - are unquestioned, his dedication to philanthropy and commitment to his family will truly be his legacy. He was my soul-mate.

"Sheldon was a true American patriot and a giant among men". He was the proudest of Jews, who saw in the State of Israel not only the realization of an historical promise to a unique and deserving people, but also a gift from the Almighty to all of humanity. Although bluff in build and speech - and, in the last two decades, beset by painful sickness - Sheldon was always sensitive to the needs of others.

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