FACTOID # 6: Clipperton Island wins our prize for the most unusual looking country.
 
 Home   Encyclopedia   Statistics   Countries A-Z   Flags   Maps   Education   Forum   FAQ   About 
 
WHAT'S NEW
RECENT ARTICLES
More Recent Articles »
 

FACTS & STATISTICS    Simple view

  1. Select countries to view: (hold down Control key and click to select several)

     

     

    Compare:

     

     

  1. Select fact or statistic: (* = graphable)

     

     

     

  2. (OPTIONAL) Compare to statistic: (both need to be graphable)

     

     

     

  3. View result as:

     

       
(OR) SEARCH ALL encyclopedia, stats & forums:   

Encyclopedia > Sheldon Adelson
Sheldon Adelson

Born August 1, 1933 (1933-08-01) (age 74)
Occupation Gambling/leisure businesses
Net worth $26.5 billion U.S. dollar

Sheldon Gary Adelson (born August 1, 1933)[1] is an American billionaire businessman. He is a property developer and public company CEO based in Las Vegas, Nevada. He is Chairman and Chief Executive Officer of the Las Vegas Sands Corp., the parent company of Venetian Macao Limited which operates the Venetian Casino Resort and the Sands Expo and Convention Center. Adelson vastly increased his net worth upon the initial public offering of Las Vegas Sands (NYSE: LVS) in December 2004 by selling just 10% of the shares. With an estimated wealth of US$26.5 bn, he is the world's 6th richest person as of 2007[2]. Adelson studied at City College of New York, but did not complete his studies. If you hold the copyright to an image (e. ... is the 213th day of the year (214th in leap years) in the Gregorian calendar. ... 1933 (MCMXXXIII) was a common year starting on Sunday. ... Caravaggio, The Cardsharps, c. ... A relaxing afternoon of leisure: a young girl resting in a pool. ... Image File history File links No higher resolution available. ... The United States dollar is the official currency of the United States. ... A real estate developer builds on land, thereby increasing its value. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... For further information, see Las Vegas metropolitan area and Las Vegas Strip. ... Las Vegas Sands Corp. ... The bridge at the Venetian Gondola ride in the Venetian View from second floor casino balcony. ... The Sands Expo and Convention Center, at 1. ... The City College of The City University of New York (known more commonly as City College of New York or simply City College, CCNY, or colloquially as City) is a senior college of the City University of New York, in New York City. ...

Contents

Early life and career

Adelson was born in to a Jewish family in the Dorchester neighborhood of Boston. He worked at a young age selling newspapers on local street corners and owned his first business by the time he was twelve. In the years that followed, he worked as a mortgage broker, investment adviser and financial consultant. To this point in his career, Adelson has created and developed to maturity more than 50 different companies, including COMDEX, a tradeshow he developed with his partners for the computer industry. Adelson together with his partners directed COMDEX to become the world's largest trade show with a presence in more than 20 countries. Originally based in Las Vegas, it debuted in December 1979. In 1995, Japan-based Softbank Corp. purchased COMDEX for more than $860 million. For other uses, see Jew (disambiguation). ... 1888 German map of Boston Harbor showing Dorchester in the lower left hand corner. ... Houses on Louisburg Square, Beacon Hill. ... Nickname: Location in Massachusetts, USA Coordinates: , Country United States State Massachusetts County Suffolk County Settled 1630 Incorporated (city) 1822 Government  - Mayor Thomas M. Menino (D) Area  - City  89. ... COMDEX (Computer Dealers Exhibition) was a computer expo held in Las Vegas, Nevada, each November from 1979 to 2003. ... Softbank (Japanese: ソフトバンク) (TYO: 9984) is a Japanese corporation involved in electronic commerce on the Internet and broadband. ...


In 1988, Adelson and his partners purchased the Sands Hotel & Casino in Las Vegas, Nevada. the former hangout of Frank Sinatra and the Rat Pack, in order to bring Las Vegas to a new phase of business centricity through the exhibition industry. The following year, Mr Adelson and his partners constructed the Sands Expo and Convention Center, the only privately owned and operated convention center in the United States. The Rat Pack (Peter, Frank, Sammy, and Dean) The Sands Hotel was a legendary Las Vegas, Nevada hotel/casino that operated from December 15, 1952 to June 30, 1996. ... For further information, see Las Vegas metropolitan area and Las Vegas Strip. ... “Sinatra” redirects here. ... This article or section does not cite any references or sources. ... The Sands Expo and Convention Center, at 1. ...


In 1995, Adelson and his partners sold the Interface Group Show Division, including the COMDEX shows, to Softbank Corporation of Japan for a cash price in excess of $860 million. In 1991, while honeymooning in Venice with his wife Miriam (a physician), Adelson gained the inspiration for a mega-resort hotel, and he proceeded with the implosion of the venerable Sands and the construction of the $1.5-billion The Venetian, a Venice-themed resort hotel and casino. The luxurious, all-suite Venetian revolutionized the Las Vegas hotel industry, and has been honored with architectural and other awards naming it as one the finest hotels in the world. In 2003, The Venetian added the 1,013-suite Venezia tower - giving The Venetian 4,049 suites, 18 leading-chef restaurants, a shopping mall with canals, gondolas and singing gondoliers. The bridge at the Venetian Gondola ride in the Venetian View from second floor casino balcony. ... Venice (Italian: Venezia, Venetian: Venezsia, Latin: Venetia) is a city in northern Italy, the capital of region Veneto, and has a population of 271,251 (census estimate January 1, 2004). ... The south end of The Strip; approximately one third of the entire Strip is represented here. ... For other uses, see Hotel (disambiguation). ... A Venetian gondola A railroad gondola A gondola is a small long, narrow boat with a high prow and stern, best known for its use in the canals of Venice. ...


Adelson spearheaded a major project to bring the Sands name to the Macao SAR, China, the Chinese gambling city that had been a Portuguese colony until December 20, 1999. The one million-square-foot Sands Macau became the People's Republic of China's first Las Vegas-style casino when it opened in May 2004. Anthem March of the Volunteers Capital none[1] Largest freguesia (population) Freguesia de Nossa Senhora de Fátima Official languages Chinese, Portuguese Government  -  Chief Executive Edmund Ho Hau-wah Establishment  -  Occupied by Portugal 1557   -  Portuguese colony August 13, 1862   -  Transfer of sovereignty December 20, 1999  Area  -  Total 28. ... The Sands Macau located in Macau, Peoples Republic of China, on the Cotai Strip. ...


In addition, on May 26, 2006, Adelson's Las Vegas Sands was awarded a hotly contested license to construct a casino resort in Singapore's Marina Bay. The new casino is expected to open in 2009 at a rumored cost of $3.16 billion. Marina Bay (Chinese: 滨海湾, Mandarin Pronunciation: Binhaiwan) is a bay near the Central Area in the southern part of Singapore, and lies to the east of the Downtown Core. ...


In 2007, Adelson made an unsuccessful bid to buy controlling interest in the Israeli newspaper Maariv. When this failed, he proceded with parallel plans to publish a free daily newspaper to compete with Israeli, a newspaper he had co-founded in 2006 but had left. [3] Maariv House (the newspaper headquarters) in Carlebach street, Tel Aviv Maariv (Hebrew: , transl. ... The September 12, 2001 edition of the Palo Alto Daily News, one of the most successful free daily newspapers. ...


Since 1991, Adelson is married to Miriam Ochshorn, a physician.


Philanthropic gifts

In 2007 Mr Adelson founded Freedom’s Watch, a right-wing pro-war advocacy group led by allies of the Bush administration.


In 2006 Mr. Adelson contributed $25,000,000 to the organization Birthright Israel, which finances Jewish youth trips to Israel. The gift is anticipated to be given annually for the foreseeable future [1]. The official logo of Taglit-Birthright Israel Birthright Israel, also known as Taglit-Birthright Israel (whose logo is trademarked with lowercase b and i) is a Zionist organization dedicated to helping Jews who have never been to Israel on an organized trip to travel there. ...


In 2007, Adelson pledged another $25,000,000 to the Birthright Israel program, allowing for approximately 20,000 people to take part in the program [2].

  • The Dr. Miriam and Sheldon G. Adelson Center for the Biology of Addictive Diseases Dedicated at Tel Aviv University

References

  1. ^ Brainy Media, Sheldon Adelson Quotes. Retrieved on 7 April 2007
  2. ^ Forbes Special Report - The world's billionaires
  3. ^ IsraelNationalNews.com, American Billionaire Launching Free Israeli Daily. Retrieved on 12 July 2007

External links


  Results from FactBites:
 
Las Vegas blog: casino games, business, university. Las Vegas guide, Las Vegas lifestyle: Saturday, August 14, 2004 (3431 words)
The company, which owns The Venetian in Las Vegas and the Sands Macao and is controlled by developer Sheldon Adelson, announced Friday it is working on plans for an initial public stock offering to finance the Palazzo, the new resort's working name.
"The stock offering is significant because it will enable Sheldon (Adelson) to show the success he's had on a monetary basis and will give him the currency to make acquisitions in the future," Zarnett said.
Other analysts who asked not to be named said Wall Street is in love with independent entrepreneurs such as Adelson and that investors prefer companies with proven cash flow, which Wynn Resorts still doesn't have.
  More results at FactBites »


 

COMMENTARY     


Share your thoughts, questions and commentary here
Your name
Your comments
Please enter the 5-letter protection code

Want to know more?
Search encyclopedia, statistics and forums:

 


Lesson Plans | Student Area | Student FAQ | Reviews | Press Releases |  Feeds | Contact
The Wikipedia article included on this page is licensed under the GFDL.
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms.