Along with her interests in the gambling industry, she is the publisher of Israel Hayom, an Israeli newspaper, and owns the Las Vegas Review-Journal. If the sale is finalized, the Mavericks would be part of a diverse portfolio owned by Adelson. Miriam took control of Las Vegas Sands Corp., after Sheldon’s death Adelson and a family trust in her name own 57 percent of the company according to a company filing with the U.S.

Birthright Israel, a group that sponsors trips for people of Jewish heritage to Israel, said the Adelsons had contributed nearly $500 million over 15 years before reducing funding last year. They were significant donors to Donald Trump’s 2016 presidential campaign and she was awarded a Presidential Medal of Freedom in 2018. The Adelsons were among the most prominent Republican donors for years and were high-profile supporters of Israel and Jewish causes in the United States. Sheldon Adelson was already a successful businessman and grew to become a casino tycoon, known for expanding midweek convention business in Las Vegas and developing resorts in Asia. There she met Sheldon Adelson, who became her second husband in 1991 when they were married in Jerusalem. She is the largest shareholder of Las Vegas Sands Corp., a company that runs casino-resorts in Singapore and Macau that reported net income of $449 million in the third quarter on revenue of $2.8 billion.Īdelson, 78, was born in Tel Aviv and was a doctor in Israel before she came to New York to study at a medical institute. She was named the 35th richest person in the world by Forbes earlier this year and the fifth richest woman in the world she has an estimated net worth of $32.3 billion. 9iTqZvoGX1Īdelson will enter the NBA as not only one of its wealthiest owners but also as one of the richest people in the world. In one of most unique setups in NBA history, Cuban keeps shares in team and full control of basketball operations. Sources: Mark Cuban is selling a majority stake of the Dallas Mavericks to Miriam Adelson and casino tycoon Adelson family for valuation in range of $3.5 billion.

While Cuban would continue to run basketball operations while retaining a minority interest in the franchise - a rare occurrence - the Mavericks seem as if they will be Adelson’s team soon, pending league approval of the transaction, of course.

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