Sheldon Adelson asked for a meeting, and Yair Lapid consented. Adelson’s purpose in asking for the meeting was to ensure that Lapid would not cut government support to the Birthright program — which totals $40 million per year — as part of the budget cuts. In these words, more or less, Lapid described the enigmatic…
The 165 Jewish billionaires around the world have $812 billion in joint wealth, Forbes Israel reported. The Hebrew magazine released its Jewish billionaires list on Thursday. The richest Jew in the world is Oracle CEO Larry Ellison, with a net worth of $43 billion, according to Forbes, up $7 billion from last year. Ellison was…
Casino magnate Sheldon Adelson’s reference to triad organised crime gangs in testimony in a lawsuit has hit a raw nerve in Macau, the Chinese boomtown that his Las Vegas Sands Corp helped transform from a gangland haven into a $38 billion gambling capital. The lawsuit against Sands was brought by Hong Kong businessman Richard Suen,…
The civil war now engulfing the Republican Party is laying bare a split among Jewish GOP supporters, as well. Some of the party’s biggest Jewish donors are taking the lead in pushing for a more moderate conservative party following the Republicans’ defeat in last year’s presidential election. At the same time, grassroots Jewish supporters, many…
Las Vegas Sands Chairman and CEO Sheldon Adelson said on Thursday a Hong Kong businessman claiming in a lawsuit that he is owed $328 million didn’t help the gaming company get permission from the Macau government to operate a casino there. Richard Suen alleges the Las Vegas company stiffed him on an agreed upon “success…
Las Vegas Sands Corp said it “likely” violated the federal Foreign Corrupt Practices Act, which outlaws the bribery of foreign officials, according to a Securities and Exchange Commission filing on Friday. The filing marks the first disclosure by the casino operator, controlled by founder and billionaire Republican donor Sheldon Adelson, that it was under investigation….
Sheldon Adelson sued a Wall Street Journal reporter for libel for calling him “foul-mouthed.” The lawsuit filed on Feb. 22 seeks “damages, including aggravated, exemplary and special damages,” for a December article co-written by Kate O’Keeffe. Only O’Keefe is named in the suit, The Wall Street Journal reported Monday. “We will vigorously defend Ms. O’Keeffe…
Casino mogul Sheldon Adelson and his wife Miriam made a $50 million donation to the Adelson Education Campus in Las Vegas. The donation will benefit the campus’ three Jewish day schools, serving some 600 students ages preschool to high school. The gift was announced on Feb. 8, according to the Las Vegas Sun. The Adelson…
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