Member access

4-Traders Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 
HomeAll newsMost read newsBusiness Leaders Biography 
Portrait de Sheldon Adelson
Sheldon Adelson
Birthday : 08/01/1933
Place of birth : Boston - USA
Country of residence : USA
Linked companies : MGM Resorts International - Wynn Resorts, Limited - Las Vegas Sands Corp.
Biography

Sheldon Adelson is part of the club of self-made men become billionaires. At the head of the company LasVegas Sands Corp., he manages a housing complex of casinos and luxury hotels. He was classified in 2011, the sixteenth World fortune by Forbe's magazine.

After selling newspapers on the street during his youth, this son of a modest family knew different work experiences.

Broker then investment adviser, Sheldon created a few companies before finding one that will be really lucrative. And it is in the organization of trade fairs that he will have his first success. In 1979, he founded the Comdex with some partners, the first computer show in the world that will be sold in 1995 for $ 800 million.

The money generated by Comdex is gradually invested in acquiring casinos, real passion of this promoter. In 1989, he purchased the Sands casino in Las Vegas that will bring him fame and success. Encouraged by the financial benefits, he decided to go even further. In 1999, he razed the Sands and built in the place "The Venetian", a luxurious palace hotel and casino inspired by Venetian architecture.

Gradually, he convinces companies to organize seminars and conferences in his casinos, a revolution in Las Vegas traditionally focused on the game. The success is so big that in 2003, he launched the building of a tower with more than thousand suites.
In 2004, Sheldon Adelson decided to work on the international market creating the International Venetian Macao Limited: some casinos and business centers located in

His fortune was estimated at $ 23.3 billion by Forbes magazine in 2011, making him the 16th World fortune.

Citations
"I look at every business and ask, How long can this last? How can I identify the status quo and change it?"

"I see this as my humanitarian legacy. We're prepared to pay billions."

"If I were to retire, I would keep my family's interest in the company the same and say, Don't sell."
Copyright © 4-traders.com / Photo © Maxppp
Latest news about Sheldon Adelson 
Prev.1  2  3  4   5  6  7  8  9  10Next
Advertisement
Popular Business Leaders 
Paul Allen Mukesh Ambani Bernard Arnault Luc Besson Vincent Bolloré Martin Bouygues Richard Branson Warren Buffett Marc De Lacharrière Benjamin De Rothschild Jean-baptiste Descroix-vernier Barry Diller Bill Gates Philip Green Carl Icahn Steve Jobs Li Ka-shing Arnaud Lagardère Peter Lynch Lakshmi Mittal Rupert Murdoch Zong Qinghou Jim Rogers Johann Rupert Naguib Sawiris Carlos Slim George Soros Donald Trump Guy Wyser-pratte Jerry Yang
A-Z Business Leaders
Most Read News 
Mega merger
7 days ago - I am excited to announce the merger of Kotak Mahindra Bank and ING Vysya Bank subject to approvals. The deal is expected...
ING Vysya Merging With Kotak Mahindra Bank
6 days ago - Kotak Mahindra Bank and ING Vysya have announced an all-stock amalgamation of ING Vysya with Kotak wherein ING Vysya shar...
Paulson, Soros Wouldn't Mind Taking That Home Builder Off Spain's Hands
7 days ago - At a sizeable discount, por favor. Spain's Hispania Activos Inmobiliarios SA, partly owned by hedge fund managers John P...
Bill Gross to Manage $500 Million for Soros Fund Management
11/20 - By Kirsten Grind And Gregory Zuckerman Before Bill Gross was fully settled in at his new firm, Janus Capital Group...
Alongside all the red, fur and fairy-tale gowns, an intellectual trend emerged from this year's autumn/ winter collections. ; Shopping Katie Wright
6 days ago - For some of our top designers, it's been all about art. Backstage, designers like Miuccia Prada and Burberry's Christophe...
More news
Dynamic quotes  
ON
| OFF