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Sheldon Adelson: Las Vegas-Style
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Adelson is estimated to have $20.5 billion, Buffett $46 billion and Gates $53 billion. Gates has held the No. 1 spot for the last 13 years, while Buffett has been No. 2 every year since 1994 except 2000, when Larry Ellison of Oracle Corp. held that spot.
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Earlier in his career, Adelson together with his partners launched the well-known COMDEX computer trade show. COMDEX, based in Las Vegas, debuted in December 1979. In 1995, Japan-based Softbank Corp. purchased COMDEX for more than $860 million.
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Adelson's strongest enmity was reserved for the Las Vegas Convention & Visitor Authority. He considers the publicly funded agency a bureaucratic boondoggle that has done little to effectively market the region to tourists and conventioneers.
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