Trump Megadonor Sheldon Adelson Has Given At Least $180 Million This Year, Despite Troubles At His Company

Posted on AllSides October 27th, 2020
From The Center

Billionaire Las Vegas Sands chairman and chief executive Sheldon Adelson has a catchphrase he likes to say during his company’s quarterly earnings calls: “Yay, dividends!” However, Adelson hasn’t been able to use that favorite phrase since January, weeks before the Covid-19 pandemic brought his gaming and resort empire to a grinding halt.

For most people, even billionaires, cutting off a major cash spigot might force them to cut back on extraneous expenses, like political donations. But not Adelson. The 87-year-old casino tycoon, who is worth roughly $31.8 billion, has stockpiled...

Read full story
https://www.forbes.com/sites/michelatindera/2020/10/27/no-dividends-no-problem-trump-megadonor-sheldon-adelson-has-given-at-least-180-million-this-year-despite-troubles-at-his-company/

More News about Elections from the Left, Center and Right

From the Left

From the Center

From the Right