Quantcast

Jewish Journal

Adelson gives $5 million to Super PAC supporting Gingrich

JTA

January 9, 2012 | 10:30 am

Sheldon Adelson

Sheldon Adelson

Casino and hotel magnate Sheldon Adelson donated $5 million to a group supporting Newt Gingrich for the Republican presidential nomination.

The Washington Post reported over the weekend that Adelson gave the money on Jan. 6 to Winning Our Future, an independent committee, or Super PAC, run by former Gingrich associates.

An unnamed source close to Adelson, a longtime Republican donor, told the newspaper that the billionaire planned to spend another $5 million during the campaign.

The first $5 million check is meant to keep Gingrich competitive in the Jan. 21 primary in South Carolina, according to the newspaper.

Adelson and his wife have given the maximum $2,500 to Gingrich’s campaign.

Super PACs can raise unlimited sums from corporations, unions and other groups, as well as individuals, and indirectly support a political candidate.

Adelson, chairman and CEO of the Las Vegas Sands Corp., is worth more than $21 billion, according to Forbes magazine. He is a major giver to Birthright Israel, which provides free 10-day trips to Israel for Jews aged 18 to 26.

Tracker Pixel for Entry

COMMENTS

We welcome your feedback.

Privacy Policy

Your information will not be shared or sold without your consent. Get all the details.

Terms of Service

JewishJournal.com has rules for its commenting community.Get all the details.

Publication

JewishJournal.com reserves the right to use your comment in our weekly print publication.

ADVERTISEMENT
PUT YOUR AD HERE