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☆ Meet Miriam Adelson, the billionaire GOP donor who's given $100 million to support Donald Trump's campaign
▼ + stars: | 2024-10-29 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Miriam Adelson, 79, is the widow of casino magnate Sheldon Adelson. Miriam Adelson is one of Donald Trump's top donors in 2024. Go to newsletter preferences Thanks for signing up! After Sheldon Adelson's death in 2021, Miriam Adelson has continued to channel her fortune into reelecting Donald Trump as one of his wealthiest donors. Here's a closer look at Miriam Adelson's background, wealth, and political leanings.

Persons: Miriam Adelson, Sheldon Adelson, Donald Trump's, —, Sheldon Adelson's, Donald Trump, Here's, Miriam Adelson's Organizations: GOP, Service, Vegas Sands Corporation, Forbes, Adelson Foundation

Las Vegas Sands and Adelson and Dumont families representative Ron Reese declined Wednesday to comment. Adelson, a physician, rarely gives interviews; in 2021, she told Las Vegas television station KNTV about her work with people fighting addictions. “A good person with good values, though he is totally opposite of us in his political views,” she told the Las Vegas Review-Journal then. The Adelson family owns that newspaper. Major League Baseball owners recently voted to let the Oakland Athletics relocate to Las Vegas, and the city is frequently mentioned as a possible home for an NBA team.

Persons: — Miriam Adelson, powerbroker, Adelson, Dumont, Sands, Patrick Dumont, Mark Cuban, Ron Reese, ” Adelson, “ I'm, Cuban, Miriam Adelson, ”, Sheldon Adelson, Sheldon Adelson's, “, Donald Trump, Trump, Robert Mueller's, “ Miriam, ” Trump, “ You’ve, Michael Milken, Israel Hayom, Benjamin Netanyahu, ” Miriam Adelson, Brad Alberts, “ I’m, ” Alberts, ___ Organizations: LAS VEGAS, Israel, Dallas Mavericks, Las Vegas Sands Corp, NBA, Forbes, Vegas Sands, Adelson, Las, Las Vegas, Sands, Expo, Republican, Cuban, White, Republican Jewish Coalition, Nevada’s, Vegas, Securities and Exchange Commission, Oakland Raiders, Major League Baseball, Oakland Athletics, Mavericks, Las Vegas Sands, NHL's Dallas Stars, Dallas Morning Locations: U.S, Las, Vegas, Las Vegas, Cuban, Israel, New York City, Boston, Sands, Macau, Singapore, Tel Aviv, Russia, Gaza, West, Vegas Sands, Dallas

☆ Why Dallas? Las Vegas Sands casino moguls make a play for the NBA – and Texas
▼ + stars: | 2023-11-29 | by ( Contessa Brewer | ) www.cnbc.com time to read: +3 min

After all, Las Vegas is the headquarters of the family's empire, even if it doesn't have any casino resorts in the city anymore. Adelson is the widow of Las Vegas Sands founder Sheldon Adelson, who died in January 2021. And Las Vegas is now a preeminent destination for sports, with the NHL's Golden Knights, the NFL's Raiders, the WNBA's Aces and a Formula 1 Grand Prix. He is also the president and chief operating officer of Las Vegas Sands. Las Vegas Sands itself has spent years and millions of dollars as well in pursuit of the same goal.

Persons: Miriam Adelson, Adelson, Sheldon Adelson, Adam Silver, LeBron James, he's, Shaquille O'Neal, Patrick Rishe, St . Louis, Dumont, Mark Cuban, Patrick Dumont, Miriam Adelson's, Sivan, Cuban, Sands Organizations: Dallas Mavericks, Western, Golden State Warriors, American Airlines Center, Dallas , Texas ., Las Vegas Sands, NBA's Dallas Mavericks, Vegas Sands, Golden Knights, NFL's Raiders, WNBA's Aces, League Baseball's, Vegas, NBA, Sacramento Kings, Washington University, Dallas, CNBC, Sands, Apollo Global Management, VICI, Mavericks, Dallas Morning News Locations: Dallas , Texas, Las Vegas, Vegas, Oakland, St ., Dallas, Vegas Sands, Texas

Billionaire investor Mark Cuban is selling a majority stake of the Dallas Mavericks to Miriam Adelson and her family — the largest shareholders in Las Vegas Sands , a source familiar with the deal told CNBC. Adelson is selling $2 billion worth of company stock, or roughly 10% of her stake, according to an announcement from the company. Las Vegas Sands disclosed in filings Tuesday that it will buy $250 million worth of Adelson's shares. Owning a sports franchise will be a significant departure from the activities that Miriam Adelson and her late husband were known for. As a medical doctor, Miriam Adelson is also widely known for her focus on addiction.

Persons: Mark Cuban, Miriam Adelson, Adelson, Sheldon Adelson, Patrick Dumont, Sands, Miriam, Nikki Haley, Donald Trump, –, Jessica Golden Organizations: Dallas Mavericks, CNBC, Cuban, Sands, NBA, Forbes, Vegas Sands, Las Vegas Sands, Republican, Center for Responsive Locations: Las Vegas Sands, Cuban, Macao, Singapore, Las, Las Vegas, Israel, United States

Prosecutors contend Charles Adelson paid to have Dan Markel killed after Adelson's sister, Wendi, lost a bitter custody battle. Adelson said he didn't think Magbanua was orchestrating the extortion and was convinced she was protecting him from the killers. A judge ruled that Wendi Adelson couldn’t move the children from Tallahassee, and Markel refused to move to South Florida. He told Magbanua details of the proposal and the contentious custody battle, and she later told Garcia. It wasn't until three years later when she was on trial that he realized Magbanua was part of the plot, he told Cappleman.

Persons: Charles Adelson, Dan Markel, Wendi, Adelson, Katherine Magbanua, Markel, Georgia Cappleman, Cappleman, ” Cappleman, Magbanua, “, didn't, ” Adelson, Sigfredo Garcia, Garcia, Luis Rivera, Rivera, Wendi Adelson, Wendi Adelson couldn’t, exonerating, “ Nobody, ” Organizations: Florida State University, Magbanua, Prosecutors Locations: TALLAHASSEE, Fla, Florida, Tallahassee, South Florida, Leon

Miriam Adelson listens to Republican U.S. presidential candidate and former U.S. President Donald J. Trump during the Republican Jewish Coalition Annual Leadership Summit in Las Vegas, Nevada, U.S. October 28, 2023. The previously unreported meeting during a gathering of Republican Jewish donors is likely a positive sign for Haley given Adelson's status as one of the pre-eminent Republican donors. Israeli-born Adelson also met with Trump in Las Vegas over the weekend. It was not immediately clear what other presidential candidates, if any, Adelson met. Sheldon Adelson, who died in 2021, headed the casino company Las Vegas Sands Corp (LVS.N).

Persons: Miriam Adelson, Donald J, Steve Marcus, Nikki Haley, Haley, Adelson, Sheldon Adelson, Ron DeSantis, Jan, Joe Biden, DeSantis, Alexandra Ulmer, Ross Colvin, Rod Nickel Organizations: Republican U.S, Trump, Republican Jewish Coalition, Leadership, REUTERS, Casino, Florida, Republican, Democratic, Forbes, Center for Responsive, Vegas Sands Corp, Thomson Locations: Las Vegas , Nevada, U.S, Las Vegas, Iowa, Israel

☆ Morgan Stanley downgrades SoFi, says stock should be valued like a bank
▼ + stars: | 2023-07-13 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

SoFi Technologies is worth selling as it acts more like a full-fledged bank, according to Morgan Stanley. Analyst Jeffrey Adelson downgraded the financial stock to underweight while raising his price target by 50 cents to $7. "We previously valued SOFI on a growth-adj. "But as SOFI looks increasingly like a bank, we believe it needs to be valued more like a bank." SoFi has been considered a full bank for about a year and a half, he said, after being previously seen as more of a financial technology stock.

Persons: Morgan Stanley, Jeffrey Adelson, Adelson's, Adelson, that's, SoFi, — CNBC's Michael Bloom Locations: Wednesday's

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