Miriam Adelson Net Worth

Table

What is Miriam Adelson’s Net Worth?

Miriam Adelson, an Israeli American physician, political donor, and casino heiress, has a net worth of $34 billion. Her wealth is a result of her marriage to the late casino magnate Sheldon Adelson, who passed away in January 2021. Miriam inherited majority ownership of the Las Vegas Sands, a casino empire that generates over $4 billion in annual revenue. She holds a 47% stake in the publicly-traded Las Vegas Sands company. Miriam and Sheldon received $10 billion in dividends over the past three decades. Miriam previously owned 57% of the company’s shares before selling approximately $2 billion worth of shares in November 2023 in preparation to purchase the Dallas Mavericks from Mark Cuban.

Highlights

• Miriam Adelson’s net worth is $34 billion.
• She inherited majority ownership of the Las Vegas Sands after her husband’s death.
• Miriam has a 47% stake in the publicly-traded Las Vegas Sands company.
• The Adelsons received $10 billion in dividends over the past three decades.
• She sold approximately $2 billion worth of shares in preparation to buy the Dallas Mavericks.

Early Life

Miriam Adelson, born Miriam Farbstein on October 10, 1945, in Tel Aviv, Mandatory Palestine, is the daughter of parents who fled Poland before the Holocaust. Her family settled in Haifa, Israel, where her father opened a chain of movie theaters. Miriam studied microbiology and genetics at the Hebrew University of Jerusalem and earned her M.D. from Tel Aviv University’s Sackler Medical School. She worked as an emergency room doctor at Rokach Hospital in Tel Aviv and eventually became the chief internist at the hospital’s emergency room. Miriam was previously married to Dr. Ariel Ochshorn and has two sons from the marriage. They divorced in the early 1980s, and Miriam moved to New York City to specialize in drug addiction as an associate physician in 1986.

Career

Miriam Adelson started her career as an associate physician specializing in drug addiction in New York City. She later became involved with Rockefeller University, where she focused on drug addiction research. Miriam’s largest source of wealth comes from her marriage to Sheldon Adelson, who made his fortune in the casino industry. Sheldon purchased the Sands Casino in 1988 and went on to build The Venetian, a mega resort, in its place. He expanded his casino empire to various locations, including Macau and Singapore. Miriam is also the founder of two clinics that treat substance abuse, one in the United States and the other in Israel.

Personal Life

Miriam Adelson was previously married to Dr. Ariel Ochshorn, with whom she had two daughters. She married Sheldon Adelson in 1991, and they remained together until his death in 2021. Sheldon had three adopted children from a previous marriage. Miriam’s daughter Yasmin Lukatz purchased a mansion in Atherton, California, for $35 million in 2015. She sold the property for $45 million in May 2022.

Net Worth Over Time

Miriam Adelson’s net worth has experienced significant growth over time. She inherited majority ownership of the Las Vegas Sands upon her husband’s death, which contributed significantly to her wealth. The Adelsons received $10 billion in dividends from the company over the past three decades. Miriam’s net worth further increased when she sold approximately $2 billion worth of shares in the Las Vegas Sands in November 2023. Her recent acquisition of the Dallas Mavericks also adds to her overall net worth.

Components of Net Worth

Miriam Adelson’s net worth primarily consists of her ownership stake in the Las Vegas Sands, which generates substantial revenue each year. Her ownership of 47% of the company’s outstanding stock accounts for a significant portion of her wealth. Additionally, over the past three decades, Miriam and Sheldon received $10 billion in dividends from the Las Vegas Sands. The recent sale of approximately $2 billion worth of shares in the company increased her liquid assets. Her acquisition of the Dallas Mavericks also contributes to her net worth.

Dive into the world of luxury with this video!