Sheldon Adelson Net Worth 2020, Bio, Height, Awards, and Instagram
Sheldon Adelson Net Worth: Sheldon Adelson is an American billionaire businessman who has a net worth of $31.3 billion dollars. That net worth makes Sheldon one of the richest people in the world. Sheldon Adelson is the 16th richest person in the world with his incredible net worth. Adelson has collaborated with rich countries and governments all over the world.
Sheldon Gary Adelson was born in Boston, Massachusetts on the 4th of August, 1933. Adelson was born into a low-income family in the Dorchester.
He is the son of Arthur and Sarah Adelson. His mother ran a knitting shop and his father was a taxi driver.
Adelson started his early career at the age of 12 when he borrowed money from his uncle to start a license to sell a newspaper in Boston.
Adelson attended City College of New York but dropped out later because he wanted to focus on his career as an entrepreneur.
Sheldon Adelson had his big break in 1979 when he started to create COMDEX (Computer Dealers Exhibition) which was his first entrepreneurial work.
His incredible work became the top computer trade show. The show expanded to other cities and lasted for many years.
In 1988 Adelson became an investor in his first casino by purchasing the aging Sands Casino. During the same time, the Venetian Casino was contracted.
The casino is today one of many facilities that are part of the largest resorts in the world.
In 1991 Adelson met his second wife, Miriam who was a physician specializing in drug abuse treatment. A few years later he was one of only two American to receive a license from the Chinese government.
A few years later Adelson opened a massive $5.7 billion casino complex in Singapore. Sky Park was one of the multiple stories above the city.
Despite having developed a vast casino empire. He was still waiting to obtain operating rights.
Adelson is planning to erect a casino resort complex costing more than $10 billion.
Height and Weight
- COMDEX (1970)
- Sands Hotel and Casino (1988)
- The Venetian (1991)
- SoftBank Corporation (1995)
- Casino Resort (2000)
- Venetian Macao (2007)
- Marina Bay Sands (2010)
As of 2020, Sheldon Adelson has an estimated net worth of more than $40 billion. According to Forbes, his wealth was $26 billion in 2008. He owes this fortune to his business career. Forbes estimated that his wealth was $37.2 billion in 2013.
He also owns a fleet of private jets. He owns a number of businesses and started venturing into the business from a very young age. In 2007, he was the third richest person in the USA. His annual income is a reported $2 billion.
Sheldon Adelson is considered one of the most popular businessmen in the world. He has done many businesses in his career and found considerable success in it.
He is also a philanthropist and has made donations worth millions of dollars. He has also been a contributor to the Republican Party and donated $25 million to the presidential campaign of Donald Trump in 2016. In recent years, Sheldon Adelson has fought hard against internet gambling.
Connect with him on Instagram@sheldonalderson