The Dealer

Why Sheldon Adelson is staking millions on Newt Gingrich

Tim Chong / Reuters

Sheldon Adelson

Sheldon Adelson tends to act on an epic scale. The 78-year-old Las Vegas casino mogul sits on a $21.5 billion fortune that puts him at No. 8 on Forbes magazine's list of the richest Americans, a notch behind George Soros. And that's after he lost 95% of his fortune in the 2008 financial crash. Today he owns the $1.5 billion Venetian hotel in Las Vegas, where gondolas ply man-made canals, and a $2.4 billion equivalent in Macau that is one of the world's largest buildings. Adelson has boasted that his 14 private planes, including a Boeing 747, constitute the world's largest...

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