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Sheldon Adelson: Israel Hayom
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Sheldon Adelson made his name as a property developer in Las Vegas, creating the Venetian Casino Resort and the Sands Expo and Convention Center before setting his sights on real estate in exotic locations such as Macao and Singapore. He ... founded two newspapers in Israel, Maariv and Israel HaYom.
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Sheldon G. Adelson, a Boston native purported to be the world’s richest Jew, has made history by pledging to give $200 million annually to Jewish philanthropy. The foundation currently being established by Mr. Adelson, a casino and resort mogul, promises to change the face of Jewish philanthropy. The new entity will be a major boon to American and Israeli causes, with a pledge to dole out more than $200 million to Jewish causes annually—the largest-ever pledge by a Jewish foundation.
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In 2007 Adelson founded Freedom's Watch, a group that advocates America's continued involvement in the war in Iraq, and is run and supported, in part, by former officials of the Bush administration. Also in 2007, Adelson pledged another $25,000,000 to the Birthright Israel program, allowing for approximately 20,000 people to take part in the program [2].
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In mid-2007 Adelson founded the free daily newspaper Yisrael Hayom, which he created after failed attempts at taking over other newspapers in Israel. According to Forward (August 15, 2007), as of its first day in operation, Yisrael Hayom was "already one of the largest-circulation papers in the country. Adelson's new paper is drawing questions from other journalists, who worry about the mogul's connections to Likud leader Benjamin Netanyahu, and ... from the owners of other Israeli newspapers, who are a famously tight-knit club." Reporter Asaf Carmel of Haaretz wrote of Yisrael Hayom: "This is not just a newspaper, it is a newspaper with an agenda." He added that it "emanates a tone of sharp criticism of Olmert. Opposition leader MK Benjamin Netanyahu (Likud) is a crony of Yisrael Hayom's proprietor Adelson and also a close friend of editor Amos Regev. The inevitable question concerns whether and to what extent the newspaper will be harnessed to serve Netanyahu in his efforts to depose Olmert and re-conquer the premiership" (Haaretz, August 6, 2007).
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Dr. Miriam and Sheldon G. Adelson are long-standing benefactors of Yad Vashem as well as other causes in Israel and Jewish communities abroad. The building of the new Museum of Holocaust Art at Yad Vashem was enabled by their generous support in memory of Dr. Adelson’s parents, Menucha Zamelson and Simcha Farbstein, and members of their families, who perished in the Holocaust.
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Through his Adelson Family Charitable Foundation, created in January 2007, Adelson supports a range of Jewish and Israeli initiatives (Haaretz, December 9, 2006). He donated $25 million to Taglit-Birthright Israel, which provides trips to Israel for Jews between the ages of 18 and 26, and gave $4.5 million to the Likud-aligned Shalem Center in Jerusalem (Haaretz, February 7, 2007; Shalem Center press release, April 29, 2007). The gift to the Shalem Center established the Adelson Institute for Strategic Studies, a Natan Sharansky-directed project. According to the center, "the Adelson Institute for Strategic Studies will examine some of the most profound questions facing the Jewish state, including such subjects as how to advance freedom and democracy in the Middle East; a re-examination of international law in the light of new forms of warfare and terrorism; the establishment of a credible deterrent against guerilla and terror organizations and the states that sponsor them; planning for the likely impact of political and social change on the future map of the Middle East; the meaning of "stability" in a time of changing strategic realities; the appropriate response to weapons of mass destruction; the question of how Israel's Arab citizens can most effectively integrate into a Jewish state; and the strengthening of Israel's relations with the United States."
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