Sheldon Adelson Net Worth is $35.0 Billion (as of 2020)
It has been reported that the overall size of the current Sheldon Adelson net worth is as much as 29.2 billion dollars. Sheldon Adelson became famous because of his successful involvement into business, where he made his name popular as a successful business magnate. He is also an investor and active philanthropist. Sheldon Adelson today probably is mostly known because of his work in the Las Vegas Sands Corporation, where he is serving as a chairman and chief executive officer. The company is the owner of the Marina Bay Sands in Singapore. Also, the company owns the Venetian Macao Limited, which has produced The Venetian Resort Hotel Casino and the Sands Expo and Convention Center. Thus, the Las Vegas Sands Corporation has been one of the main sources of Sheldon Adelson net worth.
|Net Worth:||$35.0 Billion|
|Age:||88 years old|
|Date of birth:||Aug 04, 1933|
|Nationality:||United States of America|
|Occupation:||Entrepreneur, Businessperson, Real estate development|
In addition to being an owner of this company, Sheldon Adelson also owns the Israel HaYom newspaper. Sheldon Adelson is also known for his work in philanthropic organizations. He and his wife have established the Adelson Foundation. In 2015, Sheldon Adelson was considered as the 18th wealthiest person in the world and his net worth can also serve as a proof of that. Sheldon Adelson is also known to be involved into politics as he is a supporter of the Republican Party and year after year he is getting more and more influence in the activities of the party.
Sheldon Adelson was born in 1933. He was raised in Massachusetts in quite a poor family. His mother was working in a knitting shop, whereas his father was a taxi driver. When he was 12 years old, Sheldon Adelson borrowed 200 dollars from his uncle so he could start selling newspapers. When he was 16 years old, Sheldon Adelson began to operate a candy-vending-machine business. Thus, these were his beginnings in business, which eventually became the main source of Sheldon Adelson net worth. Sheldon Adelson was also a student at a trade school. After that, he belonged to the army. He was also a student at City College of New York, but soon decided to quit his studies there.
He soon got involved into many more business activities, which made him immensely rich. By the time he was in his 30s, Sheldon Adelson had built and lost his fortune two times. All in all, Sheldon Adelson has worked in more than 50 business activities created by him.