{"id":107420,"date":"2019-06-20T10:32:59","date_gmt":"2019-06-20T17:32:59","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=107420"},"modified":"2021-01-12T13:32:28","modified_gmt":"2021-01-12T21:32:28","slug":"gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/","title":{"rendered":"Transfer of Las Vegas Sands Shares Lifts Sheldon Adelson’s Wife Miriam to Top Spot Among Israel’s Billionaires"},"content":{"rendered":"

Las Vegas Sands Corp. (NYSE: LVS) founder and CEO Sheldon Adelson last year transferred millions of shares of the casino operator’s stock to his wife, Dr. Miriam Adelson, making her Israel’s wealthiest person.<\/p>\n

\"\"
Miriam Adelson, seen with husband and LVS Chairman Sheldon Adelson in Israel last year. Transfers of company stock made her Israel’s richest person. (Image: Times of Israel\/Ben Dori\/Flash90)<\/figcaption><\/figure>\n

A new addition to the list of Israel’s mega-rich, Miriam Adelson, 73, has an estimated worth of $22 billion, according to Haaretz, the Israeli newspaper that publishes the annual ranking of the country’s richest citizens. Adelson has dual American and Israeli citizenship.<\/p>\n

At $22 billion, she is far ahead of Roman Abramovich, the person in the second spot. Abramovich — a Russian oligarch who owns the English Premier League’s Chelsea football club — is worth an estimated $13 billion, according to Haaretz. He became an Israeli citizen in 2018.<\/strong><\/p>\n

To put Adelson’s fortune into context, she is worth more than Israel’s fifth-, sixth- and seventh-wealthiest people combined.<\/p>\n

Health Concerns<\/b><\/h2>\n

Sheldon Adelson, who also serves as chairman of LVS, has an estimated net worth of $35.7 billion<\/strong>, placing him No. 24 on the Forbes list and making him the world’s richest gaming executive<\/strong>.<\/p>\n

Adelson, 85, has been battling<\/a> non-Hodgkin lymphoma, a blood cancer that erodes the body’s lymphatic system. Ten years ago, he was diagnosed<\/a> with peripheral neuropathy, a condition that weakens the hands and feet and causes limited mobility.<\/p>\n

Earlier this year, LVS confirmed Adelson’s health issues<\/a> and those concerns could be the impetus behind the massive transfer of stock to his wife Miriam.<\/p>\n

\n

As of February 25, Sheldon Adelson owns 396.71 million shares of LVS, according to Yahoo Finance data. A record of the company’s insider transactions, or purchases and sales of the stock by LVS executives, for the past two years, indicate Miriam is a \u201cbeneficial owner\u201d of more than 10 percent of Sands stock.<\/span> <\/span><\/p>\n<\/div>\n

Shareholders owning 10 percent or more of a public company’s stock must register with the Securities and Exchange Commission (SEC).<\/p>\n

A Form 5 filing with SEC dated February 13, 2019 details multiple executions in which Sheldon Adelson moved LVS stock to a trust in his wife’s name, ranging in size from 276,1000 shares to 3.65 million shares. The stock is down 27.43 percent over the past year.<\/span><\/p>\n

Meet Miriam Adelson<\/b><\/h2>\n

The Adelsons were married in 1991 and the two have been major supporters of Israeli causes and Republican candidates in the US. During the 2018 midterm election cycle, the couple gave $113 million to the GOP, making them the party’s largest donors<\/a>.<\/p>\n

The couple is already throwing their weight around for the 2020 presidential election cycle, having given $10 million<\/a> to the American First Action political action committee (PAC), which is leading President Trump’s reelection effort.<\/p>\n

In Israel, Miriam Adelson publishes the daily newspaper Israel Hayom, a publication that has been criticized for being too supportive of Prime Minister Benjamin Netanyahu. Born Miriam Farbstein, she is rumored to have once had a cozy relationship with Netanyahu’s wife, Sara.<\/p>\n

The founder of drug addiction treatment centers in Las Vegas and Tel Aviv, Adelson received the Presidential Medal of Freedom from President Trump<\/a> last year. By some accounts, she is responsible for shifting her current husband’s political leanings to the right because prior to their marriage, the casino mogul was a Democratic donor.<\/p>\n","protected":false},"excerpt":{"rendered":"

Las Vegas Sands Corp. (NYSE: LVS) founder and CEO Sheldon Adelson last year transferred millions of shares of the casino operator’s stock to his wife, Dr. Miriam Adelson, making her Israel’s wealthiest person. A new addition to the list of Israel’s mega-rich, Miriam Adelson, 73, has an estimated worth of $22 billion, according to Haaretz, […]<\/p>\n","protected":false},"author":46,"featured_media":107426,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,33810],"tags":[],"acf":[],"yoast_head":"\nTransfer of Las Vegas Sands Shares Lifts Sheldon Adelson's Wife Miriam to Top Spot Among Israel's Billionaires - Casino.org Gift of LVS Stock Makes Miriam Adelson Israel's Wealthiest Person<\/title>\n<meta name=\"description\" content=\"Las Vegas Sands Corp. (NYSE: LVS) founder and CEO Sheldon Adelson last year transferred millions of shares of the casino operator's stock to his wife, Dr. Sheldon Adelson's wife Miriam is now by far Israel's richest person, thanks to a massive transfer of Sands stock to her.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transfer of Las Vegas Sands Shares Lifts Sheldon Adelson's Wife Miriam to Top Spot Among Israel's Billionaires - Casino.org Gift of LVS Stock Makes Miriam Adelson Israel's Wealthiest Person\" \/>\n<meta property=\"og:description\" content=\"Las Vegas Sands Corp. (NYSE: LVS) founder and CEO Sheldon Adelson last year transferred millions of shares of the casino operator's stock to his wife, Dr. Sheldon Adelson's wife Miriam is now by far Israel's richest person, thanks to a massive transfer of Sands stock to her.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-20T17:32:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-12T21:32:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/06\/adelsons.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1602\" \/>\n\t<meta property=\"og:image:height\" content=\"1003\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Todd Shriber\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@etfgodfather\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Todd Shriber\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/\",\"url\":\"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/\",\"name\":\"Transfer of Las Vegas Sands Shares Lifts Sheldon Adelson's Wife Miriam to Top Spot Among Israel's Billionaires - Casino.org Gift of LVS Stock Makes Miriam Adelson Israel's Wealthiest Person\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/06\/adelsons.jpg\",\"datePublished\":\"2019-06-20T17:32:59+00:00\",\"dateModified\":\"2021-01-12T21:32:28+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\"},\"description\":\"Las Vegas Sands Corp. (NYSE: LVS) founder and CEO Sheldon Adelson last year transferred millions of shares of the casino operator's stock to his wife, Dr. Sheldon Adelson's wife Miriam is now by far Israel's richest person, thanks to a massive transfer of Sands stock to her.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/06\/adelsons.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/06\/adelsons.jpg\",\"width\":1602,\"height\":1003,\"caption\":\"Miriam Adelson seen with her late husband and LVS Chairman Sheldon Adelson in Israel. She's now the owner of some key Dallas real estate. (Image: Times of Israel\/Ben Dori\/Flash90)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Financial\",\"item\":\"https:\/\/www.casino.org\/news\/financial\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Transfer of Las Vegas Sands Shares Lifts Sheldon Adelson’s Wife Miriam to Top Spot Among Israel’s Billionaires\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\",\"name\":\"Todd Shriber\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png\",\"caption\":\"Todd Shriber\"},\"description\":\"Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long\/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at todd.shriber@casino.org.\",\"sameAs\":[\"https:\/\/muckrack.com\/todd-shriber\",\"https:\/\/www.linkedin.com\/in\/toddshriber\/\",\"https:\/\/x.com\/etfgodfather\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/todd-shriber\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Transfer of Las Vegas Sands Shares Lifts Sheldon Adelson's Wife Miriam to Top Spot Among Israel's Billionaires - Casino.org Gift of LVS Stock Makes Miriam Adelson Israel's Wealthiest Person","description":"Las Vegas Sands Corp. (NYSE: LVS) founder and CEO Sheldon Adelson last year transferred millions of shares of the casino operator's stock to his wife, Dr. Sheldon Adelson's wife Miriam is now by far Israel's richest person, thanks to a massive transfer of Sands stock to her.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/","og_locale":"en_US","og_type":"article","og_title":"Transfer of Las Vegas Sands Shares Lifts Sheldon Adelson's Wife Miriam to Top Spot Among Israel's Billionaires - Casino.org Gift of LVS Stock Makes Miriam Adelson Israel's Wealthiest Person","og_description":"Las Vegas Sands Corp. (NYSE: LVS) founder and CEO Sheldon Adelson last year transferred millions of shares of the casino operator's stock to his wife, Dr. Sheldon Adelson's wife Miriam is now by far Israel's richest person, thanks to a massive transfer of Sands stock to her.","og_url":"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2019-06-20T17:32:59+00:00","article_modified_time":"2021-01-12T21:32:28+00:00","og_image":[{"width":1602,"height":1003,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/06\/adelsons.jpg","type":"image\/jpeg"}],"author":"Todd Shriber","twitter_card":"summary_large_image","twitter_creator":"@etfgodfather","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Todd Shriber","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/","url":"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/","name":"Transfer of Las Vegas Sands Shares Lifts Sheldon Adelson's Wife Miriam to Top Spot Among Israel's Billionaires - Casino.org Gift of LVS Stock Makes Miriam Adelson Israel's Wealthiest Person","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/06\/adelsons.jpg","datePublished":"2019-06-20T17:32:59+00:00","dateModified":"2021-01-12T21:32:28+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85"},"description":"Las Vegas Sands Corp. (NYSE: LVS) founder and CEO Sheldon Adelson last year transferred millions of shares of the casino operator's stock to his wife, Dr. Sheldon Adelson's wife Miriam is now by far Israel's richest person, thanks to a massive transfer of Sands stock to her.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/06\/adelsons.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/06\/adelsons.jpg","width":1602,"height":1003,"caption":"Miriam Adelson seen with her late husband and LVS Chairman Sheldon Adelson in Israel. She's now the owner of some key Dallas real estate. (Image: Times of Israel\/Ben Dori\/Flash90)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/gift-of-lvs-stock-makes-miriam-adelson-israels-wealthiest-person\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Financial","item":"https:\/\/www.casino.org\/news\/financial\/"},{"@type":"ListItem","position":3,"name":"Transfer of Las Vegas Sands Shares Lifts Sheldon Adelson’s Wife Miriam to Top Spot Among Israel’s Billionaires"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85","name":"Todd Shriber","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png","caption":"Todd Shriber"},"description":"Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long\/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at todd.shriber@casino.org.","sameAs":["https:\/\/muckrack.com\/todd-shriber","https:\/\/www.linkedin.com\/in\/toddshriber\/","https:\/\/x.com\/etfgodfather"],"url":"https:\/\/www.casino.org\/news\/author\/todd-shriber\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/107420"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=107420"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/107420\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/107426"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=107420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=107420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=107420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}