LYCOS RETRIEVER
Sheldon Adelson: New York
built 621 days ago
Following high school, Sheldon Adelson enrolled at City College of New York, but dropped out before earning enough credits for a degree. Mortgage broker, investment adviser and financial consultant were just some of the titles he held in the years to follow, during which time he ... took part in the development of several dozen businesses, many of which flopped financially. In 1979 he founded COMDEX Computer Dealers Expo, an exhibition showcase that proved to be a long-running and very profitable enterprise.
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The son of a Lithuanian immigrant cab driver, Adelson grew up in the Dorchester neighborhood of Boston. As a boy and teenager, he sold newspapers and strung together bagels by the dozen at a bakery. He later ran the vending machine business and became a court reporter, a job he performed in the military.
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Sheldon Gary Adelson was born on August 1, 1933, in Boston, Massachusetts. His parents had emigrated from the Russian empire and settled in Bean Town's Dorchester neighborhood. Sheldon started out on the road to future fortunes before the age of 10, selling newspapers on street corners prior to becoming a junior entrepreneur at the age of 12.
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Adelson is a major political donor, having donated more than $1 million to candidates between 1984 and 2007, according to data gathered by campaign donor search engine NewsMeat.com. The vast majority of Adelson's donations have gone to Republicans, including George W. Bush, former Sen. Rick Santorum, former Rep. Tom Delay, and most recently the presidential run of Rudy Giuliani, whose team of campaign foreign policy advisors was weighted heavily toward neoconservatives and included Norman Podhoretz, Ruth Wedgwood, Daniel Pipes, Michael Rubin, and David Frum. Another Giuliani advisor, Martin Kramer, is a senior fellow at the Adelson Institute for Strategic Studies.
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The foundation’s formation puts Adelson at the top of the heap of philanthropic foundations that devote all or most of their giving to Jewish causes. These include the Harry and Jeanette Weinberg Foundation in Baltimore, Maryland; the Avi Chai Foundation in New York; and the Koret Foundation and the Richard and Rhoda Goldman Fund, both in San Francisco. Among the most generous to Jewish causes is the Weinberg Foundation, which gave away over $98 million in 2005, a large proportion of which went to Jewish causes, and the Avi Chai Foundation, which gave away some $33 million last year, all to Jewish causes.
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Adelson did not respond to two Sun requests for an interview. In remarks at a recent fundraiser for the Nevada Policy Research Institute, a conservative think tank that honored Adelson and former House Speaker Newt Gingrich, Adelson said he was “very, very, very outraged and incensed at the fact that Ahmadinejad went to Columbia University, where he has no right of free speech in this country, he’s not a citizen, he has no right of free speech ...”
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