The site reviewer studied the story of entrepreneur Sheldon Adelson, who created his first business at the age of ten, going into the newspaper trade, managed to launch about 50 companies, opened one of the most luxurious and expensive chains of hotel and entertainment complexes Las Vegas Sands, and is also known as the largest sponsor Republican Party and campaigner against online casinos and marijuana legalization.

Sheldon Adelson turns 84 this year. During his life, the owner of a fortune of $ 29.4 billion managed to work in various industries, and most of his undertakings were profitable. There are a huge number of rumors about Adelson, and his investments in the Republican Party allow many to argue that the entrepreneur has influence on the US government.

Sheldon Adelson

The Early Years of Sheldon Adelson. First business

The idea of ​​building his own expo center seemed more attractive to him. The entrepreneur was not satisfied with any piece of land. He definitely needed a place near a large hotel. The search for a suitable site took some time. The land Adelson liked was near the Sands Hotel and Casino. However, no one agreed to sell it without the institution itself. On reflection, Adelson agreed.

Adelson, having come to this market, took advantage of the abolition of Ho's monopoly, but did not get rid of his competitor. The Chinese entrepreneur realized that his establishments were inferior to American ones, but did not give up. He built his own casino - Grand Lisboa - which has become a worthy competitor to both Adelson and Steve Wynn, as well as other entrepreneurs trying to dominate Macau.

There is information that Adelson was able to return the money spent on the complex in Macau in a year. In 2004, Adelson's company went public and raised $690 million. A year later, Adelson's fortune was about $15.6 billion. The gambling business was really super profitable.

In 2007, the entrepreneur managed to build several complexes at once. One of them appeared in Las Vegas and is known as The Palazzo Resort-Hotel-Casino. This is a fifty-story skyscraper with 3066 rooms. In addition to a wide variety of restaurants and all kinds of customer services, The Palazzo has a casino, a nightclub, and branded stores. The complex also organizes an extensive entertainment. For example, the performance group Blue Man Group often performs there, known for the stage image of blue aliens and a special way of performing compositions with the help of extraordinary musical instruments.

Another major Adelson complex was erected in Macau and was called The Venetian Macao. This complex is a prime example of luxury and style. The Venetian Macao is often compared to a quarter of a major city. The complex includes a hotel with 3,000 rooms, a huge casino with 4,000 slot machines and 850 gaming tables, as well as a variety of shops and restaurants.

In addition, a conference room and a cinema room are at the disposal of clients. Everything from the fountains to the frescoes is reminiscent of Venice. In fact, he recreated a mini version of her in Macau. By the way, there, as in the American counterpart, there are channels with gondolas and gondoliers. Enhances this impression and the annual carnival with a costumed procession of artists and singers, as well as artists who paint the faces of everyone.

In 2007, Adelson's fortune grew to an astronomical mark of $28 billion. He came third on the list the richest people in the world. However, he did not stay at the top for a long time - the beginning economic crisis negatively affected the business of the entrepreneur, the price of his shares fell from $144 to $1.38. The culprit was the drop in casino attendance, the tightening of measures by the PRC government regarding obtaining visas to Macau, the problems of banks that had previously successfully credited Adelson, and other factors. Due to these problems, the entrepreneur is rumored to have lost about half of his fortune.

Probably, Adelson had to make a choice - to keep what was left, or to save his empire, which many have already attributed to bankruptcy, if the entrepreneur fails to raise additional capital. Adelson did not lose his head at that time and began to pour money into his business himself. The amount of $ 1 billion was enough to stabilize the state of Las Vegas Sands. Gradually, the share price increased to $12, and the company's value to $12 billion.

Financial difficulties did not prevent Adelson from continuing to open new establishments. In 2008, The Plaza Macao was opened. This hotel and entertainment complex, according to some sources, was one of the causes of financial difficulties during the crisis. The Plaza Macao, like Adelson's other projects, combines a casino, a hotel, shopping center with 80 shops, restaurants, bars and more. The hotel included in the complex - Four Seasons Hotel Macao - is managed by Four Seasons.

A year later, a casino was opened in Pennsylvania Sands Casino Resort Bethlehem. It was originally planned to be completed in 2009, but the demolition of the previous building was delayed. In 2011, the Sands Casino Hotel Bethlehem was added to the casino. It has 302 rooms, a swimming pool, a fitness center, a conference room.

In 2010, Adelson began working in Singapore. One of the most unusual and expensive complexes in the world was built there - Marina Bay Sands. The construction cost was $5.5 billion. The complex includes a casino of 15,000 square meters. It has more than 2000 slot machines and 600 tables. In addition, there is a hotel with 2561 rooms, shops, restaurants, about 250 conference and banquet halls, two ice rinks and much more.

The architect of the complex was Moshe Safdie. Based on his idea, Marina Bay Sands consists of three towers of 55 floors, which end with a common platform - SkyPark. It has a 146-meter swimming pool, a garden, restaurants, a nightclub.

The high cost of the building raised concerns - to compensate for the costs, it was necessary that the Marina Bay Sands casino bring in a profit of $ 1 billion over five years. The fears turned out to be false - in 2011, the Marina Bay Sands casino showed high attendance - 25 thousand people a day. At the same time, they had to pay $100 to enter the institution.

Marina Bay Sands

In 2012, the Sands Cotai Central hotel and entertainment complex was opened, its construction began in 2006. The original version consisted of two casinos and three hotels - Conrad, Holiday Inn and Sheranton. Together, all three hotels provided the complex with almost 6,000 rooms. In addition, the Shoppes shopping center in Cotai Central was added to the complex. It houses shops and brands not previously sold in Macau, restaurants, spas, fitness centers and much more. The Dreamworks amusement park was built there. In 2014, the St Regis Macao Hotel was added with 400 rooms. The total cost of the complex is estimated at $4 billion.

Adelson's empire in Macau continues to expand. In 2013, construction began on another complex, called The Parisian Macao. Based on the name, the main theme in it was Paris. The construction cost was $2.7 billion. Despite the initial plans, its construction was delayed, and the complex was opened only in September 2016.

The Parisian Macao

The Parisian is a hotel with three thousand rooms, a casino in which the government has allowed only 150 gaming tables and 1600 machines. Traditionally, there are restaurants, a fitness center and much more. The same French style is considered an important element of the complex - there is also a copy of the Eiffel Tower on its territory. The rooms, the exterior design of the hotel, the swimming pool and other parts of the complex are maintained in the same style.

In addition, the Adelson company has its own fleet. These are 16 luxury aircraft, which are used for two purposes - as a means of transportation for top management, as well as VIP clients.

EuroVegas, the fight against online casinos and other projects of Adelson

One of the most famous, but not yet implemented projects, was called EuroVegas. The entrepreneur decided to create a gambling capital in Europe. He announced his plans in 2012. In 2013, information appeared that the entrepreneur chose a country for EuroVegas - it turned out to be Spain. Moreover, Adelson settled on a suburb of Madrid - the city of Alcorcon. It was believed that the construction of gambling establishments, hotels and all other facilities would be completed in 2025-2026. The project itself was estimated at $30 billion.

However, the project never began to be implemented, and in December 2013 it became known that Adelson abandoned this idea. The reason is that the Spanish government did not agree to fulfill several requirements of the entrepreneur. For example, he wanted to reduce gambling taxes.

In recent years, the businessman again had certain problems. In 2014, he lost $10.8 billion. Major losses are associated with the crisis of the gambling market in Macau. In 2013, Adelson's fortune was $ 37 billion, so even such large losses could be overcome relatively easily by the entrepreneur. Adelson himself remained optimistic and noted that times of crisis could not last indefinitely, and the rise would soon begin.

Adelson is known as one of the most stubborn opponents of the legalization of online casinos in the United States. In 2013, he launched his own campaign against this trend, but his efforts were met with skepticism. In addition, the first online casinos were allowed and launched in the three states of New Jersey, Nevada and Delaware. Those who supported this initiative hoped that taxes from such a business would provide permission for its operation throughout the United States.

But their hopes were in vain. Launched online casinos did not immediately please with huge incomes, and Adelson was not joking, promising to spend as much as needed to achieve his goal. In 2014, he deprived supporters of online casinos from the support of the American Gambling Association, a large lobbying organization that began supporting the interests of online casinos in 2010.

This success of Adelson deprived his opponents of plans to legalize online casinos at the state level. In addition, the entrepreneur began to gather supporters in the face of former and current politicians, dealing a strong blow to the supporters of legalization. Adelson began to be supported by several other large entrepreneurs working in the gambling business, including Steve Wynn.

The businessman also launched a massive media campaign, claiming that he first of all wants to protect children from casinos. Thanks to this, he gained the support of the public. The next step of the entrepreneur was an attempt to achieve a federal ban on online casinos in the United States. Until she was successful. Adelson does not leave attempts to complete his plans, and some sources claim that he is close to success, while others, on the contrary, believe in the legalization of online casinos in other states.

Now this issue has not yet been resolved, and there are reports that supporters of the legalization of online casinos are trying to win Trump over to their side. However, given that Adelson supported Trump in the election, it is not a fact that they will succeed.

The entrepreneur is known as a supporter and sponsor of the Republican Party. Rumors that he receives political support for business and uses corruption schemes are severely suppressed by the entrepreneur. The Daily Mail, which ventured to make such an assumption, ended up in court, and eventually paid Adelson compensation of 4 million pounds.

However, the position of the sponsor of the Republicans still allowed the entrepreneur a little more than others. For example, everyone knows the fact that George W. Bush, whose presidential campaign was sponsored by Adelson, complained that the billionaire constantly yelled at him. In the political arena, Adelson is known for his support of Bush's policy in Iraq, as well as his own vision of solving the Iranian nuclear problem.

In 2013, in a conversation with students, he noted that Obama should drop a nuclear bomb on Iran. First in the desert of this country, and then contact Tehran and report that the next one will be dropped on them. Adelson offered Obama $1 billion for the Iron Dome missile defense system. The former US president refused because of his unwillingness to set a precedent.

Adelson owns not only the casino, but also the newspaper business. He also controls the share of publications in Israel. In 2007, he bought the Israel Hayom newspaper. But according to the latest information, the entrepreneur does not own this publication, but it simply belongs to his relative. But Adelson certainly owns Nevada's largest daily newspaper, the Las Vegas Review-Journal, which he bought in 2015 for $140 million.

Owning newspapers in Israel is not accidental - Adelson is of Jewish origin and often donates money to the good of this country and Zionist organizations. For example, he raised $20 million to fight the boycott of Israel, funding various projects donates to universities. Rumor has it that he also supported Trump because he would be beneficial to Israel. There are reports that the Adelson Foundation donates $ 200 million every year to the needs of Jews and Israel.

Adelson is very generous to charity. He claims that his father taught him to share with others. The Adelson family lived in poverty, but the head of the family always set aside money for donations. He explained this to Sheldon by the fact that there are people much poorer than the Adelson family.

Sheldon Adelson

Adelson is also known for his fight against the legalization of marijuana. The entrepreneur's hatred of drugs has long been known. Some sources link it to the fact that both of his sons - Mitchell and Harry - are addicted to these substances. Mitchell died of an overdose in 2005, and Adelson set out to deal with the problem. The entrepreneur is investing millions of dollars in the fight against the legalization of marijuana. Some sources claim that after Adelson acquired the Las-Vegas Review-Journal, the newspaper changed direction, becoming less supportive of legalization in Nevada and becoming a vocal opponent of it.

Sheldon Adelson is one of the richest people in the world. Over the course of his long career, he went from a boy selling newspapers to the owner of a luxury casino chain and a billionaire. His success is closely related to his uncompromising character and ability to act in the most difficult circumstances. Despite certain difficulties, his empire is working successfully, and Adelson himself continues to lead it and is not going to retire in the coming years.

Adelson was born on August 6, 1933 into a poor Jewish family in the city of Dorchester (near Boston). His mother's family was from Ukraine. His father came from Lithuania.

Activity

He earned his first money at the age of 12 selling newspapers on the streets. Later, he worked as a mortgage broker, entrepreneur, investment expert and financial advisor and created about 50 different companies. In the 1970s, he was the first to organize exhibitions and conferences in Las Vegas. Adelson's most famous project in exhibition business was the creation of the annual exhibition of the computer industry COMDEX (held from 1979 to 2003). In 1995, Comdex was bought by the Japanese company SoftBank for US$860 million.

"Ratings"

"News"

Daughter of Donald Trump and Prime Minister of Ukraine included in the list of the most influential Jews in the world

Among the most influential Jewish businessmen this year is the American billionaire Sheldon Adelson (whose fortune experts estimate at $ 30 billion). This 83-year-old member of the Republican Party has an extraordinary political flair, because from the first day of the election campaign he confidently supported the candidacy of Donald Trump (whose “cost”, according to the campaign headquarters of the 69-year-old politician and businessman, is $ 10 billion).

American casinos "took aim" at Japan

"Las Vegas Sands is poised to make an unprecedented high investment in Japan," said Sheldon Adelson, chairman of Las Vegas Sands Corp. MGM Resorts also said it hopes to build a coalition of Japanese business partners in the casino resort business.

Prior to the Abe government, Japanese leaders preferred to refrain from implementing such ideas. Polls show that three out of five Japanese are opposed to such plans, fearing that the growth of gambling establishments will be facilitated by an increase in crime and gambling.

“There is no value in this. What exactly is the growth strategy? opposition leader Renho asked, adding that the casino would hurt the dignity and reputation of the nation.

15 quotes from billionaires that will change the way you think about money

“I never dreamed of being rich. It never crossed my mind. Instead, my main motivation was to achieve something.” – Sheldon Adelson, President and CEO Las Vegas Sands Corp.

Yisrael Hayom owner files lawsuit against Wall Street Journal

American billionaire Sheldon Edelson, who owns the Israel Hayom newspaper, has sued Kate O'Keeffe, a journalist for the American edition of the Wall Street Journal. The businessman was outraged that the authors of the article called him "foul language", so he filed a lawsuit for "aggravated damage", demanding material compensation.

Interview: Sheldon Adelson, owner and president of Las Vegas Sands Corp.

One of the richest people on the planet - Sheldon Adelson told how he made a fortune in the gambling business

"European Las Vegas" will be built near Madrid by Las Vegas Sands Corporation

At the end of last week, the head of the world's largest gambling corporation Las Vegas Sands, Sheldon Adelson, announced that Madrid would become the new European capital of gambling. It is in Madrid that the multimillion-dollar Las Vegas Sands project, codenamed EuroVegas, will be implemented.

Las Vegas in Spain

"King" of the gambling business, chairman of the board and Executive Director Corporation Las Vegas Sands billionaire Sheldon Adelson, plans to build a new entertainment complex in Spain. The estimated cost of the project is $35 billion.

Las Vegas Sands CEO opposes online poker in the US

According to the Las Vegas Sun, Las Vegas Sands CEO Sheldon Adelson opposes the legalization and regulation of online poker in the United States. Sheldon "morally" disagrees with the idea and states that he does not believe the software can fully prevent underage participation in these games.

USA: the head of Las Vegas Sands intends to invest $ 35 billion in the construction of a casino in Spain

The head of casino operator Las Vegas Sands, billionaire Sheldon Adelson, has announced plans to invest $35 billion to build a "mini-Las Vegas" in Spain to attract customers from Barcelona and Madrid.

Sheldon Adelson - the gambling king of the world

There are many bright personalities in the gaming industry who inspire others with their example, but Sheldon Adelson, chairman and CEO of Las Vegas Sands Corporation, stands out among them. For some, he is a brilliant strategist who conquered the business world, for others - the embodiment of luxury and wealth. Be that as it may, this is a self-made billionaire who has achieved what the rest can only dream of.

Billionaire Sheldon Adelson is looking for a buyer for his ready-made business

Recall that the majority shareholder of the operator Las Vegas Sands is a local billionaire Sheldon Adelson, who is currently in search of a potential buyer for his own establishment in Pennsylvania.

The richest people on the planet - 2013: Forbes rating

The owner of the Las Vegas Sands casino empire, Sheldon Adelson, suffered losses in the last presidential election - he donated at least $ 53 million to the losing Republican candidate. However, Adelson's casinos continue to win - since last summer, their shares have grown in price by more than 20%.

Las Vegas Sands is going to build a casino in Spain

The famous Sheldon Adelson, founder and head of Las Vegas Sands, is the richest Jew in the world. Last year alone, he donated $25 million to support Yad Vashem, the memorial museum. And already in February, he made assumptions that 2012 would begin with the construction of a huge complex located on the territory of hot Spain. At that time, the Spanish government had not really decided on its gambling laws. However, Adelson was confident in the influence of the leadership of the European Union, which would do the job, which is why he chose this particular European state, and, unequivocally, he turned out to be right.

The founder of Las Vegas Sands announced the construction of a casino in Spain

The name of Sheldon Adelson is widely known all over the world, because he is considered one of the richest Jews on our planet, it was he who founded Las Vegas Sands. This man is also known as a generous philanthropist, but now it's not about that, but about the construction of a new casino, which Sheldon Adelson intends to build in the vicinity of Spanish Madrid. True, no one will play gaminator for free in the new establishment, but nevertheless, for gamblers of good and old Europe, this is a real event.

$26 billion

In 1933, a boy was born in the suburbs of Boston in the family of taxi driver Gershom Adelson. When the son was born, the father was not at home: he was trying to earn at least a few dollars for bread. The birth was taken by a Negro midwife who lived in the same apartment building where emigrants from all over the world rented apartments. She advised her mother to name the boy beautiful and noble, as it seemed to her, the name Sheldon. "Lord's name. He will be rich, ”said the black woman, handing the child over to her mother. Dora Adelson, in response, only smiled through her tears: “If only I was happy ...”

EuroVegas to open in Spain

The head of Las Vegas Sands Corporation, Sheldon Adelson, has all the capabilities to bring projects of this magnitude to life. Adelson is on the list of the richest people in the world.

Sheldon Adelson outraged by accusations of supporting prostitution

The prehistory of this conflict is as follows. A year ago, Jacobs was fired from his post as director of Sands China, the Chinese branch of Sheldon Adelson's gambling empire. The Macau police later raided one of the Sands hotels, resulting in the arrest of 110 prostitutes. Coincidence or not, but it was on that day that 78-year-old Adelson himself arrived in Macau. Nothing was reported about the presence of Viagra in the luggage of an elderly billionaire.

Anyone who aspires to success in business and wants to gain financial independence simply must read the success story of this man. He earns one million dollars every hour. Naturally, there is much to learn from such an entrepreneur. Who is he? American Sheldon Adelson. He is the owner of one of the most profitable companies, located in Las Vegas, where thousands of people lower their fortunes into casinos. But how did Sheldon Adelson become a multimillionaire? The success story of this rich man is unique.

Years of childhood and youth

He was born in August 1933 in the small provincial town of Dorchester. His father was a simple taxi driver, so the family was sorely lacking money. In the house where the Adelson family lived, there was only one bed, which was occupied by the parents. The children slept on the floor.

In order to somehow improve his financial situation, already in his youth, Sheldon Adelson was forced to earn extra money. Moreover, the boy took on any business, if it could bring some income. For some time he delivered newspapers, but, becoming a little older, he suddenly realized that it was almost impossible to achieve success in any field of activity without a special education. The teenager has already come to terms with the fact that he will never have a diploma, because he needs a lot of money to study at the university.

"Eureka!"

But along with the realization that getting a higher education, most likely, will not work, Sheldon Adelson unexpectedly suggested that in order to make money, you need a certain algorithm of actions, systems approach. He also thought that success in work comes faster if you work not alone, but with a team. And then Sheldon offered his friends a partnership.

He gave all his friends a pile of newspapers, assigned a specific area to each of them, and after a while received his first commission.

Business is gaining momentum

After receiving his Abitur, Sheldon Adelson decided to business. He invited his companions to trade more profitable commodity i.e. toiletries. As clients, he chose hotels and hotels, since they were in dire need of shampoo and toilet paper. Soon the plan worked, and the business began to bring good dividends. They were even helped by concierges and porters to sell goods for a certain percentage.

Growing up, Sheldon Adelson (his height is 175 cm) began to earn even more and soon turned into an experienced entrepreneur. He could immediately determine the prospects of a particular case.

The prototype of the casino

After some time, the young man began to help his uncle, who owned a fair booth, in his work.

Suddenly, a fantastic idea came to his mind - to put a spinning wooden wheel with an arrow and numbers in the tent. It remains to place bets and spin the roulette wheel. So he planned to make money on guessing numbers. Sheldon immediately drew up a business plan for his new venture and calculated that the business would bring enormous profits. And so it happened.

Other projects

In the 60s, Sheldon Adelson, whose biography will be of interest to novice businessmen, launches other entrepreneurial projects. In particular, he invests in the stock market, organizes a charter business and sells real estate.

CDT

In the late 1970s, Sheldon Adelson, whose photo is familiar to almost every American, is actively involved in the computer business.

He creates a specialized commercial structure Computer Dealers Exhibition, which holds large-scale exhibitions, where wide range of PC equipment. The entrepreneur has no doubt that computer technology has a great future, which means that it is possible to build on it profitable business. And he was not mistaken in his calculations ...

Some time later, he managed to sell the Computer Dealers Exhibition Corporation for a huge amount of money.

Casino

In return, Adelson invested in a large gambling club called The Sands Hotel & Casino. Soon he added an exhibition center to the casino building, which later enriched the businessman even more. But after some time, Sheldon intends to turn The Sands Hotel & Casino into a large-scale project that would be equipped with everything necessary for gambling people. But in the original version, the casino did not match his plans, so he dismantled the building, and in its place a giant gaming complex was erected, called the Venetian. The mere fact that instead of pavilions in the new casino there was a real canal with gondolas that transported visitors from one gaming area to another, testified to the pomposity and uniqueness of the project.

Analysts of the well-known Forbes edition calculated that in 2007 the profit of entrepreneur Adelson amounted to $ 26 billion, which gave him the right to occupy the sixth position in the ranking of the richest people in the world and the third line in the list of the wealthiest Americans. However, 2010 proved to be a poor financial year for Sheldon. Then he lost almost 50% of his fortune, but already in 2011 he managed to rehabilitate himself, and his income level amounted to $ 23 billion. Despite the fact that the businessman is over eighty, he can give odds to any presumptuous rich man.

The businessman has been married to Miriam Oxhorne for 25 years. Their first meeting took place within the walls of a clinic for drug addicts. It was there that the king of American roulette came to visit his son from his first marriage, who was in trouble. Miriam worked as a doctor in a clinic. Today, the Adelsons are dealing with the problem of drug addiction. Thus, Sheldon is not going to go on a well-deserved rest, continuing to live an active life.

Sheldon Adelson was born in 1933. It is noteworthy that although he is a purebred Jew, his parents come from Ukraine and Lithuania.

They lived in poverty, their father worked as a taxi driver in Boston and was forced to give part of his already small salary to the mafia. It was the thirties, when the Great Depression swept the country, the mafia felt almost free (this was the peak of the crime rate in the USA). In general, the features of the wild West were on the face.

What was Sheldon's career path at the time? No. Unless you sell newspapers. Or carry out courier orders. Or maybe trade on the streets. Yes, that's how the future billionaire started. From the sale of newspapers.

But even here his special perception of the world made itself felt. He decided that there was no system in the business of selling newspapers.

Therefore, Shelodon approached the work logically. I chose the busiest points on my street. I placed the boys there and handed over the sale of newspapers to them. He received a percentage of every newspaper sold. Pennies, that is, cents, but, you see, it's nice!

Then he tried many more activities: he traded fish, worked as a courier - there was nothing in his life!

Once, back in 1979, he was reading a magazine about computers, which at that time were just beginning to timidly appear on the market. And suddenly Sheldon had a great idea. Why not combine all manufacturers in one place? Why not hold computer inserts? And then everyone screams only about himself, but for potential clients It would be better to take them all and collect them in one place. Like at a fair!

With this proposal, he turned to leading businessmen in this area and, of course, received consent, because the idea appealed to many. So Sheldon organized the first company involved in holding exhibitions. The place for this was chosen ideally - Las Vegas.

Things were going uphill and within a few years the company could afford to have its own space, and not rent premises for exhibitions.

It would seem that live and rejoice, but the restless Sheldon was attracted by the entertainment industry. Apparently, the air of Las Vegas has such an intoxicating effect on ambitious, but immature minds. And Sheldon Adelson, like a real adventurer, abandoned the idea of ​​exhibitions, or rather sold the company to the Japanese for 862 million and decided to get involved in the gambling business. Who would doubt that the nimble and cunning Sheldon would not succeed in this?

The famous Venetian Resort Hotel Casino belongs to him, but this is not the only casino. In Singapore, he also managed to bite off part of the gaming business, and Singapore is famous for its entertainment industry no less than American Las Vegas!

Sheldon Adelson values ​​his roots. Jewish to the core, he spends millions of dollars building Jewish centers, traveling to Israel for Jewish youth who want to learn more about their history. In general, he supports Israel financially and morally, like a true patriot.

Sheldon Adelson had two sons - Mitchel and Gary. But both of them became addicted to drugs, and Mitchell even died from an overdose. In many ways, the death of his son changed the businessman himself, who, with even greater zeal, began to invest in youth and in charity.

"Yes, I'm glad that I have a lot of money, because they allow me to do good deeds" - he likes to repeat this phrase.

During the administration of George W. Bush, Sheldon Adelson supported his policy in Iraq, although many entrepreneurs opposed this, and Sheldon took and founded the Freedom's Watch group to support the Iraqi company.

He is a very versatile person and very active. As he himself says, in total he created more than 50 companies that were not engaged in anything: sales, tourism, exhibitions, and medicine ... But Sheldon's main love is gambling establishments, apparently because he himself is a player in soul. Only plays on in the casino, but in business. And always wins!

Sheldon Adelson has always been a real generator of ideas - indeed, interesting and promising projects. All of them - from the creation of game roulette to the construction of hotel cities - still bring profit to this amazing person.

Sheldon Adelson can be called a brilliant businessman without exaggeration. The future king of roulette was born in a poor area of ​​Boston, but was able to achieve fabulous wealth through winning business projects through his own efforts. Today, his fortune is estimated at $38.5 billion.

• FULL NAME: Sheldon Adelson.
• Date of Birth: 4.08.1933.
• Education: is absent.
• Business start date/age: 1943, 10 years old.
• Type of activity at the start: organizing the sale of newspapers.
• Current activity: American businessman. Owner of a chain of casinos and hotels in Las Vegas.
• Current state: $38.5 billion.

Sheldon Adelson has become a real embodiment of the American dream - coming from a poor family, today he is the richest citizen of his country. At the same time, the businessman does not hide the secret of his success - he has a special flair for promising ideas that are sure to be profitable.

Baby poor years

American Sheldon Adelson (Sheldon Adelson) was born on August 4, 1933 on the outskirts of Boston, in the area for the poor Dorchester. If we talk about the nationality of the new American citizen, then his emigrant parents gave him Jewish roots - his mother came to the New World from Ukraine, and his father came from Lithuanian lands.

The family was very poor, almost constantly on the verge of poverty. The father, a taxi driver, disappeared at work for almost days, but the mother still sometimes did not know how to feed her family - there was always not enough money. A significant part of the income of the head of the family was taken by the mafia organizations of the quarter - while it was just the time for their prosperity.

From the statements of the already matured Sheldon: “My family had practically nothing. We, the children, slept on the floor, because there was only one bed - for the parents. When buying clothes, we took only the most necessary things. That is why my main goal was the desire to break out into the people.

First earnings

Looking at the suffering of his relatives, Sheldon made a decision from childhood: he will never live the same way as his parents. And at the age of ten he tried to help by trying to sell newspapers. However, he soon left this job: the boy simply did not see any system in it. A brilliant idea was born in a young head to create his own "office": he gathered several guys who traded the press for him - Adelson himself was an observer-manager (manager in modern terminology).

However, the newspaper trade was not the only way to make money for this brave company. The guys organized a rather multidirectional “business”: they took on small tasks, took away things that had been dry-cleaned, could go to the grocery store - and many surrounding adults resorted to their services.

New opportunities

Brief information biographies about the knowledge of the hero: after school, Sheldon did not go to graduate. There were several reasons: he didn’t manage to earn that much, and the guy himself had already begun to understand in practice how to make a profit in business (all the more, theory was no longer needed for such a profession).

Enlisting the support of three true friends (Jordan Shapiro, Ted Cutler, Irwin Hafetsom), our hero thought about expanding his activities. The time for small errands has passed - now the company is engaged in the implementation of toiletries for hotels. The hotel staff helped the guys in this (of course, with a certain percentage for themselves).

Gradually, friends became real business partners, and Sheldon Adelson became an idea generator in their small company. Sometimes his proposals seemed simply incredible, but almost every one of them was brought to life. The guy could be described as a persistent, intelligent and financially savvy businessman. He himself did not accept stupidity and laziness.

For example, one of these interesting ideas came to Sheldon Adelson when he helped his uncle - the owner of the fair booth. Sheldon suggested putting up a spinning wooden wheel in the tent with numbers drawn on it. The arrow on top was supposed to point to them.

It was supposed to turn the roulette wheel in this way and place bets. According to Adelson's assumptions, the business should have begun to bring good profits - as always, his instinct did not let him down.

Of course, the bets themselves were different then: with a bet of 10 cents, the player received a toy worth 10 dollars as a win. However, there were many players - Sheldon noticed how a small fee gives people pleasure from the very process of participating in the game.

The emergence of Comdex

By the seventies, Sheldon had already approached an experienced entrepreneur. This time was a real heyday for computer technology. And just in time, this moment falls on Adelson's "agenda": he comes across the Computer Systems News magazine, which tells about news in this area. After studying the media, he had an idea.

By this time, our hero had worked as a mortgage broker, financial consultant, investment expert. The businessman also makes capital investments in the exchange market and organizes charter flights. On his account was the creation of fifty diversified companies.

There has not yet been a single exhibition dedicated to digital technologies. Sheldon, of course, imagined himself as a professional dealer. And since the idea arose on time, Adelson hurried to implement his new interesting project. It remains only to find financial support - fortunately, many of those whom the businessman turned to, financially supported him, foreseeing the time of the advent of the century of computerization.

This is how the Computer Dealers Exhibition (Comdex) was born, which already in 1979 held its first exhibition. This event received a lot of excellent feedback from both visitors and recognized experts in the exhibition business. Professionals are not left out computer world who gave the hero a large number of awards. So Sheldon successfully started in the exhibition business.

Adelson did not even have to resort to paid advertising - the journalists themselves vied with each other to announce the upcoming promising exhibition. There were no special costs for the installation of equipment and other technical devices. But the benefit was obvious: Adelson paid landlords 25 cents per square meter, and took $25 from the participants for the same area.

The very principle by which the entrepreneur built his business is interesting: he did not have his own space for events. He acted like this: he rented hotels, held exhibitions and earned millions of dollars from them. After that, the room was vacated.

Photo 2. Annual exhibition of the computer industry COMDEX.
Source: i.ytimg.com

The annual exhibition of the computer industry COMDEX was held from 1979 to 2003. In 1995, Sheldon sold it to the Japanese company SoftBank. He received $860 million for the deal.

Horizons of the gambling business

However, by the end of the nineties, our hero is frankly tired of "wandering" in rented areas. The level of business has grown - the purchase of its own exhibition center was required. The main requirement - he had to be in close proximity to the hotel. In this step, Sheldon saw a special efficiency.

Adelson started from scratch - he simply blew up the building that was at that moment on the site. By the way, how the famous American casino becomes ruins could be watched live (Sheldon himself was completely devoid of sentiment on this issue). However, this only played into the hands, increasing interest in the new project. Moreover, the architecture of the building, indeed, was worthy of awards.

Photo 3. The very famous hotel-casino city Venetian.
Source: miftravel.ru

What was worth only one real channel with gondolas, on which visitors moved from one gaming area to another. America has never seen another such unique project.

Further more. He implemented the following projects already on an international scale. The first was the complex in Macau: having invested $ 12 billion there, Sheldon received half of the investment back (thank you from the Chinese government), and returned the rest of the money within ten months. In the same year, the businessman invested $265 million in the construction of the Sands casino in Macau.

Another world project was the famous Singapore hotel The Marina Bay Sands - the same hotel with a rooftop pool and stunning views of the city.