{"id":109811,"date":"2021-01-23T19:37:18","date_gmt":"2021-01-23T19:37:18","guid":{"rendered":"https:\/\/precoinnews.com\/?p=109811"},"modified":"2021-01-23T19:37:18","modified_gmt":"2021-01-23T19:37:18","slug":"sheldon-adelson-multibillionaire-casino-owner-and-major-republican-donor-dies-at-87","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/politics\/sheldon-adelson-multibillionaire-casino-owner-and-major-republican-donor-dies-at-87\/","title":{"rendered":"Sheldon Adelson, Multibillionaire Casino Owner and Major Republican Donor, Dies at 87"},"content":{"rendered":"
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Sheldon Adelson, a billionaire casino owner and big-time donor to the Republican Party, has died. He was 87.<\/p>\n
His casino and resort destination Las Vegas Sands announced the news, confirming that Adelson died Monday night from "complications related to treatment for non-Hodgkin's Lymphoma." There will be a funeral held in Israel, with a Las Vegas memorial service at a later date. According to Forbes<\/em>, he was worth $35 billion.<\/p>\n "He will be missed by people from all parts of the world who were touched by his generosity, kindness, intellect and wonderful sense of humor," the Sands staff said in a press release.<\/p>\n Adelson used his large fortune amassed over a career of expanding his gambling businesses around the world to fund Republican and right-wing initiatives, including being a major financial supporter of President Donald Trump's 2016 campaign. <\/p>\n "I've spent time talking to Donald Trump. Do I agree with him on every issue? No. But it's unlikely that any American agrees with his or her preferred candidate on every issue," Adelson wrote in a May 2016 Washington Post<\/em> op-ed endorsing Trump. "… He is a candidate with actual CEO experience, shaped and molded by the commitment and risk of his own money rather than the public's."<\/p>\n <\/p>\n Never miss a story — sign up for <\/em><\/strong>PEOPLE's free daily newsletter<\/em><\/strong> to stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories.<\/em><\/strong><\/p>\n "Despite being the grandson of a Welsh coal miner and the son of a Boston cab driver," he wrote at the time, "I've had the remarkable experience of being part of almost 50 different businesses in my more than 70-year business career. So, tell me I'm not a conservative enough Republican or I'm too hawkish on Israel or whatever else you may think, but I think I've earned the right to talk about success and leadership."<\/p>\n According to The New York Times<\/em>, Adelson attended Trump's inauguration, to which he contributed an unprecedented $5 million for its organizing committee. Prior to that, he gave the 2016 Trump campaign $25 million, the outlet reported. <\/p>\n Adelson's wife Miriam was awarded the Presidential Medal of Freedom in 2018, the same year the couple gave some $123 million to Republican PACS and campaigns, according to Forbes<\/em>.<\/p>\n Adelson went from selling and delivering newspapers as a kid to owning major media outlets, including the Israel Hayom<\/em> newspaper in Israel and the Las Vegas Review-Journal<\/em>. He was also a proponent of Trump's move to relocate the U.S. embassy to Jerusalem back in 2018.<\/p>\n