Billionaire Miriam Adelson made headlines this week after it was revealed that she donated a whopping $95 million to the pro-Donald Trump Preserve America PAC during the third quarter of this year. This generous contribution comes as the election draws near and demonstrates Adelson’s strong support for the former president. In total, Adelson has donated $100 million to the PAC so far in 2024, solidifying her status as a major Republican megadonor.
The Trump-supporting super PAC has allocated a significant portion of Adelson’s donations towards presidential campaign ads, totaling $113 million. This substantial funding is crucial as the election approaches and shows Adelson’s commitment to supporting Trump in his campaign. Adelson also donated $1 million to Georgia Governor Brian Kemp’s super PAC, further demonstrating her dedication to Republican causes and candidates.
With an estimated net worth of $34.4 billion, Adelson is one of the top 10 richest women in the world. Her massive wealth allows her to make substantial contributions to political causes and campaigns, as seen in her donations to the Preserve America PAC and other Republican groups. Adelson’s financial support plays a significant role in shaping the political landscape and influencing the outcome of elections.
Adelson’s involvement in politics extends beyond her recent donations to the Preserve America PAC. As the widow of former Las Vegas Sands CEO Sheldon Adelson, who was Trump’s largest donor in 2016, she has a long history of supporting Republican candidates and causes. Despite her husband’s passing in 2021, Adelson has continued to be an influential figure in conservative politics, using her wealth to advance her beliefs and support candidates she believes in.
Adelson’s contributions to pro-Trump groups are especially crucial as Vice President Kamala Harris’s campaign has raised over $1 billion this year, surpassing Trump’s fundraising efforts. However, the gap between the two candidates has narrowed, with the top 10 PACs supporting Trump raising $329.4 million compared to the $256.6 million raised by Harris-supporting PACs. Adelson’s donations are likely to play a significant role in determining the outcome of the election and shaping the future of American politics.
In addition to her political contributions, Adelson made headlines last year when she acquired a majority stake in the Dallas Mavericks, a deal worth approximately $3.5 billion. This business move further solidified her status as a prominent figure in both the political and business worlds, showcasing her influence and success in multiple arenas. As the election approaches and the political landscape continues to evolve, Adelson’s wealth and support are expected to play a crucial role in shaping the future of American politics.
