It’s Sheldon Adelson. The Las Vegas Sands Corp., which owns and operates the Venetian, its casino, and its resort and hotels in mainland Nevada, owns $4.2 billion. His fortune is about 50 times larger than that of Sheldon Adelson. That’s the top 20 percent of the world’s billionaires, according to a 2016 Forbes list. (On that list, Sheldon Adelson ranked fifth.)
There are a handful of people in the top 20 percent of the Forbes list that can compete with Adelson’s wealth for the title of “the richest casino owner”:
1. Sheldon Adelson
2. James D. Johnson, Jr.
3. John Walton
4. Steve Wynn
5. Sheldon Adelson
6. Haim Saban
7. Bernard Ecclestone
8. Jeff Bewkes
9. Sheldon Adelson
10. Haim Saban
11. Carlos Slim Helu
12. Charles Koch
13. Sheldon Adelson
14. J.B. Pritzker
15. Sheldon Adelson
16. John Paulson
17. Sheldon Adelson
18. Sheldon Adelson
19. Howard Marks
20. Charles Koch
What are the two most interesting things about Sheldon Adelson?
No. 1 is how he’s very likely to be the next chair of the Republican National Committee, and no. 2 is that his family has owned Las Vegas for at least a hundred years.
Yes, the Adelsons’ family is a casino family that owns nearly all of the state’s casinos. But they control only one: Las Vegas Sands. Adelson isn’t a huge fan of casinos, however. He’s had his fair share of brushes with federal law enforcement over the years, from his ties to a group of Israeli lobbyists, with whom he didn’t get along, and from his dealings with Nevada officials over gambling taxes. But he’s also donated $1 million to GOP campaigns over the last three years, and in 2010 he gave $400,000 to Jeb Bush’s super PAC.
Adelson is also an avid supporter of Israeli military and intelligence activities. In fact, an article on the website of the Atlantic Council last month, “Jeb Bush’s Israeli Allies” highlighted the fact that Adelson had given “more than $1.3 million” to a super PAC run by a former Moss
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