Miriam Adelson is an American and Israeli doctor, philanthropist, and political donor. She was married to Sheldon Adelson from 1991 to his death in 2021.
Following his death, she acquired the Las Vegas Sands and is now projected to be the sixth richest woman in America, with a net worth of $32.8 billion as of November 2023. She is the world’s richest Israeli and the 42nd richest person, according to the Bloomberg Billionaires Index, while Forbes ranks her 44th.
Why are the Adelsons buying the Mavericks?
While the Adelson family has rarely been associated to for-sale clubs, they are no strangers to major figures in sports and Texas.
Sheldon has been described as a “driving force” behind the Raiders’ move to Las Vegas, despite subsequently withdrawing from a stadium finance arrangement. “Sheldon led the charge to bring the NFL to Las Vegas,” former Nevada Governor Steve Sisolak remarked after Adelson died.
Meanwhile, since selling $6.25 billion in landmark Vegas assets to Apollo Global Management in 2022, the Sands Company has become more active in pursuing opportunities outside of Nevada. This includes Texas.
In 2020, LVSC SVP of Government Relations Andy Abboud described the Longhorn state as “the biggest plum still waiting to be out there in the history of hospitality and gaming.” Cuban stated his desire to collaborate with Las Vegas Sands to construct a new stadium within a resort and casino in Dallas last December, while Texas legislators debated legislation to authorize various forms of gambling.
Miriam Adelson and Sheldon Adelson’s son Matan interned in the Mavericks’ corporate partnerships department in 2016. Matan is now the owner and chairman of Hapoel Jerusalem Basketball Club, having led the club’s acquisition earlier this year for a reported $20 million.
Source: www.ghgossip.com
