Sheldon Adelson, power broker, dies of lymphoma.
Sheldon Adelson, the billionaire mogul and power broker who built a casino empire which spans from Las Vegas to China and became a singular force in domestic and international politics has died after a long illness.
He died at 87 from complications related to treatment for non-Hodgkin’s Lymphoma, which was announced on Tuesday by Las Vegas Sands (The company he founded).
Adelson 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. He was 17th on the Forbes 400 list of the richest Americans in 2020, with a fortune estimated at $26.8 billion.
He is a major Republic donor and casino entrepreneur with operations in Macao and Singapore, as well as Las Vegas. His family has asked for privacy as they mourn his death. A funeral will be held in Israel, with a separate memorial planned for Las Vegas at a later date. Las Vegas Sands shares were flat in premarket trade.
Sheldon Adelson, the billionaire mogul and power broker who built a casino empire spanning from Las Vegas to China and became a singular force in domestic and international politics will definitely be missed.