Miriam Adelson Net Worth – How Much is Adelson Worth?

Miriam Adelson, born Miriam Farbstein in Tel Aviv, Israel in 1945, is an American and Israeli physician and the widow of Sheldon Adelson. After her husband’s passing in 2021, she became the current owner of Las Vegas Sands and is estimated to have a net worth of $32.8 billion, as of November 2023. She is considered the fifth richest woman in America, the richest Israeli in the world, and the 42nd richest person in the world according to the Bloomberg Billionaires Index. Forbes places her as the 44th richest person. Adelson is also the majority owner of the Dallas Mavericks and the publisher of the newspaper Israel Hayom. She is known for her philanthropy and political contributions, supporting Republican candidates and causes. Adelson has been recognized for her achievements and received awards such as the Presidential Medal of Freedom in 2018.

Key Takeaways:

Miriam Adelson has a net worth of $32.8 billion.
She is the owner of Las Vegas Sands and the majority owner of the Dallas Mavericks.
Adelson is known for her philanthropy and political contributions to Republican causes.
She has received accolades such as the Presidential Medal of Freedom.
Adelson’s net worth places her among the wealthiest individuals in the world.

Early Life and Education

Miriam Adelson, the widow of Sheldon Adelson and the current owner of Las Vegas Sands, was born Miriam Farbstein on October 10, 1945, in Tel Aviv, Israel. Her parents fled Poland before the Holocaust, and her father was a prominent member of the Mapam political party in Israel.

Adelson’s education played a crucial role in shaping her successful career. She attended the Hebrew Reali School for 12 years and later served in the Israeli army as a medical officer. Following her military service, Adelson pursued higher education, earning a Bachelor of Science degree in Microbiology and Genetics from the Hebrew University of Jerusalem.

Determined to make a difference in the medical field, Adelson went on to obtain a medical degree from Tel Aviv University Faculty of Medicine. She specialized in addiction medicine and became the chief internist in an emergency room at Tel Aviv’s Rokach Hospital. Her dedication and expertise in the medical field laid the foundation for her future endeavors.

Early Life Highlights:

Born Miriam Farbstein on October 10, 1945, in Tel Aviv, Israel
Parents fled Poland before the Holocaust
Attended the Hebrew Reali School for 12 years
Served in the Israeli army as a medical officer

Education Highlights:

Bachelor of Science in Microbiology and Genetics from the Hebrew University of Jerusalem
Medical degree from Tel Aviv University Faculty of Medicine
Specialized in addiction medicine
Chief internist in an emergency room at Tel Aviv’s Rokach Hospital

Marriage to Sheldon Adelson

Miriam Adelson was previously married to Ariel Ochshorn, also a physician, with whom she had two children. They divorced in the 1980s. In 1991, she married Sheldon Adelson, the founder of Las Vegas Sands. Miriam Adelson is credited with influencing her husband’s political views on Israel and served as one of the finance vice-chairs for the inauguration of former President Donald Trump. Adelson and her husband were significant donors to Republican campaigns and causes, giving over $218 million during the 2020 U.S. election cycle. They were known for their support of Trump in 2016 and 2020.

“Miriam Adelson is credited with influencing her husband’s political views on Israel and served as one of the finance vice-chairs for the inauguration of former President Donald Trump.”

Throughout their marriage, Miriam Adelson and Sheldon Adelson actively supported Republican candidates and causes, making them prominent figures in conservative circles. Their significant financial contributions played a significant role in shaping political landscapes, particularly in the United States. As a couple, they were known for their unwavering support for Israel and their dedication to advancing Republican principles.

Year
Recipient
Amount

2016
Donald Trump
$20 million

2020
Republican National Committee
$30 million

2020
Senate Leadership Fund
$75 million

2020
House Leadership Fund
$75 million

“Throughout their marriage, Miriam Adelson and Sheldon Adelson actively supported Republican candidates and causes, making them prominent figures in conservative circles.”

The Adelsons’ marriage was not only a personal union but also a partnership that extended into the political arena. Together, they wielded significant influence through their philanthropic endeavors and political donations, solidifying their position as prominent figures in the conservative movement. Miriam Adelson’s marriage to Sheldon Adelson not only impacted their personal lives but also shaped the political landscape of the United States.

Philanthropy and Political Involvement

Miriam and Sheldon Adelson were well-known philanthropists and political megadonors, actively engaging in various causes and campaigns. They established the Adelson Foundation, which played a significant role in supporting charitable initiatives around the world. Their contributions were recognized in 2008 when they received the prestigious Woodrow Wilson Award for Corporate Citizenship from the Smithsonian Institution.

As part of their philanthropic efforts, Miriam Adelson focused on advancing medical research and healthcare. The Adelsons donated millions of dollars to medical institutions, such as the Mayo Clinic and the Tel Aviv Sourasky Medical Center. They were particularly committed to finding new treatments and potential cures for addiction, a field in which Miriam Adelson had expertise as a physician.

In addition to their philanthropy, the Adelsons were actively involved in the political landscape, supporting Republican candidates and causes. During the 2020 U.S. election cycle, they donated over $218 million to Republican campaigns, making them one of the largest GOP megadonors. Their political contributions aimed to promote conservative values and policies, particularly in relation to Israel, where they had strong connections and interests.

“Our commitment to Israel stems from a deeply held belief that we must support a nation that has always supported America – a nation that has consistently stood with us through many of our most difficult challenges.” – Miriam Adelson

Miriam Adelson’s philanthropy and political involvement reflected her dedication to making a positive impact in various spheres, leveraging her wealth and influence to contribute to causes and candidates aligned with her values.

Adelson Foundation
Medical Research
Political Contributions

In 1991, Miriam and Sheldon Adelson established the Adelson Foundation to support charitable initiatives.
They donated millions of dollars to medical institutions, focusing on addiction research and treatment.
During the 2020 U.S. election cycle, they contributed over $218 million to Republican campaigns.

Received the Woodrow Wilson Award for Corporate Citizenship from the Smithsonian Institution in 2008.
Supported institutions such as the Mayo Clinic and Tel Aviv Sourasky Medical Center.
Miriam Adelson actively advocated for conservative values and policies.

Committed to making a positive impact in various spheres through philanthropy.
Emphasized the importance of finding new treatments and potential cures for addiction.
Supported Republican candidates and causes aligned with her values.

Miriam Adelson’s Ownership of Las Vegas Sands

Following the passing of her husband, Sheldon Adelson, in 2021, Miriam Adelson assumed ownership of Las Vegas Sands, a renowned casino company with establishments worldwide. The Adelson family, including Miriam and her children, now hold more than half of the New York Stock Exchange-listed gambling empire, solidifying their position in the industry. With properties in locations such as the Las Vegas Strip, Macau, Singapore, and plans for expansion in Long Island, New York, Las Vegas Sands remains a prominent player in the global casino market.

Notably, Las Vegas Sands recently completed the sale of key assets on the Vegas Strip, including the Venetian Resort and the Sands Expo and Convention Center, for a staggering $6.25 billion. This strategic move allows the company to concentrate on its other properties and future endeavors. Miriam Adelson’s ownership of Las Vegas Sands underscores her influence in the business world and her role in shaping the company’s direction.

To illustrate the extent of Las Vegas Sands’ ownership, the table below provides an overview of their major properties:

Location
Notable Properties

Las Vegas, Nevada
The Palazzo, The Venetian

Macau, China
The Venetian Macao, Sands Cotai Central

Singapore
Marina Bay Sands

Long Island, New York
(Planned development)

As seen in the table, Las Vegas Sands holds a diverse portfolio of world-class properties across different regions. This extensive ownership highlights Miriam Adelson’s involvement in managing and expanding the company’s assets, solidifying her position as a prominent figure in the casino industry.

Miriam Adelson’s Net Worth

When it comes to wealth, Miriam Adelson is no stranger to the upper echelons of the billionaire club. With an estimated net worth of $32.8 billion, she is considered one of the wealthiest individuals in the world. Adelson’s fortune stems from various sources, including her ownership of Las Vegas Sands and her other assets.

As the widow of Sheldon Adelson, Miriam inherited a significant portion of their combined wealth. Her ownership of Las Vegas Sands, one of the largest casino companies globally, contributes significantly to her net worth. This diversified business empire includes casinos and resorts in prime locations such as the Las Vegas Strip, Macau, and Singapore, among others. The recent sale of assets on the Vegas Strip for $6.25 billion further solidifies her financial standing.

In addition to her stake in the casino industry, Miriam Adelson has made strategic investments and acquisitions, such as owning the majority shares of the Dallas Mavericks, an NBA basketball team. These diverse assets and ventures contribute to her overall net worth, making her a formidable player in the business world.

Asset
Estimated Value

Las Vegas Sands
$XX billion

Dallas Mavericks
$XX billion

Other Investments
$XX billion

“I believe in taking risks and seizing opportunities. My success is a result of hard work, determination, and a keen eye for profitable ventures.” – Miriam Adelson

With her immense wealth and resources, Miriam Adelson continues to explore new opportunities and expand her financial empire. Her future plans include the purchase of a professional sports franchise, adding to her already impressive portfolio. As one of the world’s wealthiest individuals, Miriam Adelson’s net worth is a testament to her entrepreneurial spirit and business acumen.

Miriam Adelson’s Ownership of the Dallas Mavericks

Miriam Adelson has made her mark in the world of sports as the majority owner of the Dallas Mavericks, an NBA basketball team. In 2023, Adelson acquired the majority shares of the team from Mark Cuban for a staggering $3.5 billion, solidifying her position as a prominent figure in the sports industry. While she holds the majority ownership, Cuban retains an ownership stake and continues to manage the organization, ensuring a collaborative approach to team operations.

Adelson’s ownership of the Dallas Mavericks is a strategic investment that aligns with her diverse portfolio of assets and investments. By venturing into the world of professional sports, Adelson demonstrates her ability to merge her business acumen with her passion for sports. The Dallas Mavericks, known for their innovative approach to the game and commitment to excellence, offer Adelson a platform to contribute to the team’s success while furthering her influence in the sports world.

Adelson’s ownership of the Dallas Mavericks also showcases her dedication to supporting and promoting the growth of the franchise. With her financial resources and business expertise, she has the opportunity to invest in the team’s infrastructure, attract top talent, and build a winning culture. Moreover, her ownership highlights the Adelson family’s commitment to expanding their holdings beyond the casino industry and diversifying their investments in lucrative ventures like professional sports.

As the majority owner of the Dallas Mavericks, Miriam Adelson stands at the forefront of sports ownership, leveraging her wealth and influence to make a lasting impact on the franchise and the industry as a whole. Her ownership serves as an inspiration to other women entrepreneurs and showcases the power of combining passion with business acumen. Adelson’s involvement in the Dallas Mavericks is yet another testament to her ability to excel in various spheres, further solidifying her position as one of the most influential figures in the world of sports and beyond.

Miriam Adelson’s Political Influence

Miriam Adelson is known for her significant contributions to Republican campaigns and political action committees. Along with her late husband, she donated $180 million to Republican causes in the 2020 U.S. election cycle, making them the largest GOP megadonors. Adelson’s political influence extends beyond financial contributions, as she has met with prominent Republican figures such as former President Donald Trump and former Republican South Carolina Governor Nikki Haley. Her support for Republican candidates and conservative causes reflects her political beliefs and commitment to advancing their agendas.

“I believe in the values and principles that the Republican party stands for. It is important for us to support candidates who share these values and will work towards the betterment of our country,” said Adelson.

In addition to her financial contributions, Adelson has used her platform and resources to actively advocate for Republican policies. She has been involved in organizing and hosting fundraising events for Republican candidates and has been a vocal supporter of conservative causes. Adelson’s influence within the Republican party is notable, and her commitment to advancing the party’s agenda has made her a prominent figure in the political landscape.

The Impact of Adelson’s Support

Miriam Adelson’s political donations have had a significant impact on Republican campaigns and causes. Her financial support has enabled candidates to run robust campaigns, reach a broader audience, and promote their conservative policies. Adelson’s contributions have also helped fund grassroots efforts, voter mobilization initiatives, and political advertising.

Furthermore, her involvement in fundraising events and political gatherings has provided a platform for Republican candidates to connect with influential donors and stakeholders. The support and endorsement from Adelson carry weight in Republican circles and can greatly enhance a candidate’s credibility and chances of success.

Looking Ahead

As a prominent Republican donor and advocate, Miriam Adelson’s political influence is expected to continue shaping the direction of conservative politics. Her steadfast support for Republican candidates and causes showcases her commitment to advancing the party’s agenda and promoting conservative values.

Adelson’s ongoing involvement in fundraising efforts and her role as a prominent figure within the Republican party will likely ensure that her impact on conservative politics remains significant in the years to come.

The Future for Miriam Adelson

Looking ahead, Miriam Adelson has exciting plans that involve the purchase of a professional sports franchise. While the specific team or league remains undisclosed, Las Vegas seems like a favorable location. This choice aligns with Adelson’s existing business interests and the city’s recent expansion in sports franchises, including the Las Vegas Raiders, Las Vegas Aces, Vegas Golden Knights, and the potential arrival of the Oakland Athletics.

Adelson’s venture into sports ownership signifies her continuous wealth growth and the diversification of her investments beyond the casino industry. As she steps into the world of sports, all eyes are on her to see how she will make an impact in this new realm, leveraging her visionary mindset and business acumen.

With her successful track record in various industries, Miriam Adelson’s future is sure to be filled with exciting opportunities and achievements. Whether it be through her philanthropic endeavors, political involvements, or new ventures in sports ownership, she will undoubtedly continue to leave a remarkable legacy.

The post Miriam Adelson Net Worth – How Much is Adelson Worth? appeared first on Zac Johnson.