Las Vegas Sands has announced the passing of company chairman and CEO Sheldon G. Adelson. Adelson passed away at the age of 87 from complications related to treatment for non-Hodgkin's Lymphoma.
Born to immigrant parents and raised in a poor section of Boston, Adelson went from a teenager selling newspapers to one of the world's most successful entrepreneurs, thanks to his vision for integrated resorts in Las Vegas, Macao and Singapore. Today, Las Vegas Sands is a developer and operator of resorts including The Venetian Resort and Sands Expo in Las Vegas, and the Marina Bay Sands in Singapore.
When the pandemic disrupted daily routines and dramatically impacted business, Adelson made sure his employees across the globe continued to receive full pay and health care benefits, even while the buildings in which they worked were closed. According to a statement released by Las Vegas Sands, "While his business credentials—having started or been involved in more than 50 different enterprises—are unquestioned, his dedication to philanthropy and commitment to his family will truly be his legacy. He will be missed by people from all parts of the world who were touched by his generosity, kindness, intellect and wonderful sense of humor."