Sheldon Adelson, Conservative Donor And Casino Titan, Dies At 87
Casino magnate Sheldon Adelson, one of the most prolific donors in conservative politics, died Monday night at the age of 87 due to complications from treatment for non-Hodgkin s lymphoma, according to a statement from Las Vegas Sands, the company he founded.
Adelson made his fortune â a net worth of around $35 billion according to an estimate by Forbes â in the casino hotel industry. He spent much of it backing conservative politicians in the U.S. and Israel, shaping the political debate of both countries.
He was in the first wave of superwealthy Americans to take advantage of the Supreme Court s controversial Citizens United ruling, which opened the doors to eight- and nine-figure political donations so long as the money goes to independent superPACs and not candidates or party committees.