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Article: World is yours, one knockoff at a time
- Article from:
- Columbia Daily Tribune
- Article date:
- April 6, 2008
- Author:
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Copyright informationCopyright 2008 Columbia Daily Tribune. Provided by ProQuest LLC. (Hide copyright information)
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LAS VEGAS - Warren Buffett, of course, and then Bill Gates, but
can you name the third-richest American? He is Sheldon Adelson, 74,
whose net worth is, according to Forbes, $26 billion. He made his
first fortune by founding and then selling a computer exposition
here. Today he is thriving in part thanks to Asians who gamble here
and in Macao, a tiny appendage of China. His Las Vegas Sands Corp.
is the largest investor in China, ever.
Compact and combative as a bantam rooster, Adelson, son of a
Boston cab driver, used $128 million to buy the old Sands, the haunt
of Frank Sinatra's Rat Pack. Adelson tore it down and built the $1.5
billion, 4,000-room Venetian. Two months ago, it became the ...
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