Miriam Adelson Commits $100 Million to Trump's Campaign
Miriam Adelson Commits $100 Million to Trump's Campaign

Miriam Adelson Commits $100 Million to Trump's Campaign

News summary

Billionaire megadonor Dr. Miriam Adelson, the largest shareholder of Las Vegas Sands, has committed to spending 'whatever it takes' to support Donald Trump's 2024 presidential campaign, potentially exceeding $100 million. At a recent campaign event at Trump National Golf Club in Bedminster, New Jersey, Adelson's aide indicated a 'blank check policy' for Trump, emphasizing their determination to assist him in winning back the presidency. The Preserve America super PAC, which Adelson funds, has already contributed $5 million and plans to spend over $60 million by Labor Day, focusing on ads against Vice President Kamala Harris. Political odds currently place Trump slightly behind Harris, with a 47% chance of victory compared to her 51%. Adelson's fortune, estimated at over $28 billion, will primarily support Trump's campaign through the super PAC, which can raise and spend unlimited funds in opposition to Harris. Despite a recent decline in Sands' stock price, Adelson remains committed to financing Trump's campaign efforts, reflecting a longstanding support that dates back to his 2016 run.

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