Sheldon Adelson MACAU'S BIG BET

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Ha-Sheesh
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http://www.forbes.com/lists/2005/54/ER9O.html


#15 Sheldon Adelson
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Net Worth: $11.5 billion
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Source: Gambling /Leisure, casinos, hotels
Self made

Age: 72
Marital Status: Married, 5 children, 1 divorce
Hometown: Las Vegas, NV
Education: City College of New York, Drop Out

Cabdriver's son hit jackpot in December public offering of Las Vegas Sands; company's stock surged 61% on first day of trading, net worth up nearly fourfold from a year ago. Owner of Venetian casino in Las Vegas also entrenched in Asian gambling mecca Macau: $265 million Sands Macau casino opened in May last year, entire investment recouped in first year. Ramping up construction on Cotai Strip: $6 billion project will put 7 hotel-casinos between Macau's 2 islands, Taipa and Coloane, and become epicenter of Chinese convention universe. In Vegas, building the Palazzo, $1.8 billion casino, next to Venetian. Broadway enthusiast studied voice in teens, plans to bring The Phantom of the Opera to Vegas in 2006. Made first fortune in trade shows, selling Comdex to Softbank for $862 million 1995.

Distribution of the Forbes 400 by U.S. State

Diameter of disc reflects size of fortune. The red disc indicates Sheldon Adelson
 

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