Sheldon Adelson Net Worth: Casino Tycoon Has Inspiring Rags-To-Riches Story
KEY POINTS
He bought the Sands Hotel and Casino in 1988 for $128 million
Adelson died at age 87 Monday from complications linked to cancer treatment
Casino billionaire Sheldon Adelson died Monday at age 87 due to complications related to treatments for non-Hodgkin s lymphoma. Here s how he built his fortune.
Adelson s net worth at the time of his passing was $35 billion, according to Forbes. This made him the 28th-richest person in the world and 19th in the Forbes 400.
Adelson’s tale serves as an inspiration to those who dream of a better life. The multi-billionaire’s success did not happen overnight but took years of perseverance, risky investments that paid off, great timing and the resiliency to bounce back from devastating financial losses.
From the city of ‘Subah Subah Gyarah Baje’ to IT-Hub of India
By News Desk| Updated: 12th January 2021 5:28 pm IST The first Computer in the world , ENIAC and Apple s latest smartphone iPhone 11
Amir Ullah Khan
Before the era of optical fibre cables and high-speed Digital Subscriber Lines (DSL) or even freely available landlines, the IT industry in Hyderabad technically started with a satellite and line-of-sight high-speed microwave link. It started with J A Chowdary (JAC), whose vision helped create a miracle in our city. In a sleepy town where scheduled meetings usually happened at ‘Subah-Subah-Gyarah-Baje’ (Early in the morning at eleven am), an Indian technocrat mustered up the audacity to change shape-up the fortunes of a four-hundred-year-old city which went sleepy post-Indian Independence.