Connect with us

RSS

Miriam Adelson slashed her philanthropy as casinos closed due to Covid. Now, her business empire is recuperating

(JTA) – The casino company controlled by Jewish megadonor Miriam Adelson is paying its shareholders dividends again, potentially paving the way to a rebound for the family’s foundation. 

The Adelson Family Foundation — founded by Adelson and her late husband, Sheldon Adelson — has been a prolific giver to Jewish organizations, including Birthright Israel. The couple was also active in politics, supporting Republican campaigns. But after the casino industry flat-lined early in the pandemic, Adelson donations to charitable and political causes declined. 

Assets held in the family’s charitable trust dropped from more than $200 million before the pandemic to $37 million in 2021 as it distributed money to the foundation and other causes without being replenished, according to records filed with the IRS. 

The foundation’s grantmaking dropped to $80 million in 2021 from $100 million the year before and $117 million in 2019, according to IRS records. The foundation had only about $6 million in reserves at the end of 2021. More recent numbers are not yet available. 

The dip in giving has had a significant impact. The Birthright program, for example, saw its funding from the Adelson Family Foundation cut by half in each of the past two years, with a corresponding drop in free trips for young Jews to Israel. 

Now, Adelson’s business prospects appear to be improving. Her Las Vegas Sands Corp. announced that it would pay dividends to shareholders for the first time in more than three years as the company begins to recover from the pandemic-related downturn in global travel and hospitality. Adelson’s own personal payout is expected to be about $87 million for the quarter, a substantial sum but still a fraction of what she and her husband were regularly collecting before the pandemic. 

It’s unknown whether or when the cash infusion will spell a restoration of funding for the various organizations that have seen a drop in support from Adelson over a period of several years, which has included Sheldon Adelson’s death at 87 more than two years ago. Adelson’s representatives said she is not giving interviews at the moment; Michael Bohnen, president of the Adelson Family Foundation, declined to comment.

The list of organizations that have been buoyed by Adelson’s support is long and varied. It includes right-wing advocacy groups like the Maccabee Task Force Foundation, which operates on college campuses; the Israeli-American Council and Zionist Organization of America; U.S. fundraising groups benefiting the Israeli military; the Yad Vashem Holocaust museum and memorial in Jerusalem; and the Adelson Family Campus, a large Jewish day school in Las Vegas, where Adelson lives.

Jonathan Sarna, a professor of American Jewish history at Brandeis University, said he is confident in the Adelson family’s commitment to the charities it has supported. “The Adelson family has played a pivotal role in Birthright Israel and in the organization of the large community of Israelis in the U.S. through IAC,” he said. “They have also contributed to countless other Jewish philanthropic endeavors, including Jewish day schools and the Jewish community of Las Vegas. I have no doubt that the family will continue its tradition of philanthropic generosity.”

Andrés Spokoiny, president and CEO of the Jewish Funders Network, said the Jewish philanthropic world doesn’t rise or fall because of any one donor, even a philanthropist as prolific as Adelson. “The funding landscape is diverse and there is no sense of dependence on a single donor,” he said.

The Adelson name is also big in Republican politics: The couple broke a record for the most donations in an election cycle in 2020, with almost $173 million in campaign contributions. But the 2022 midterm election saw the newly widowed Adelson give only a fraction of that, with no contribution at all to the Republican Jewish Coalition, whose top patron became WhatsApp founder Jan Koum, who gave a $1.35 million donation to RJC’s Super PAC. 

The reinstatement of dividends was made possible by increased visitation to Sands casinos in Macao and Singapore in recent months, which generated revenues of $2.5 billion for the second quarter, double what they were a year ago. Executives at the company said business still hasn’t returned to pre-pandemic levels, suggesting room for further growth.

“In Macao, we were pleased to see the ongoing recovery now underway in all gaming and nongaming segments progress during the quarter,” Sands Chairman and CEO Rob Goldstein said during a conference call on July 19 with investors. “We remain deeply enthusiastic about the opportunity to continue our investments to enhance Macao’s tourism appeal to travelers from throughout the region, including to foreign visitors to Macao.”

As a result of Sands’ profitability, the company is paying shareholders a dividend of 20 cents per share. Adelson’s roughly 57% stake is valued at more than $35 billion, placing her among the 40 richest people in the world according to Forbes.  

Under Miriam Adelson, Sands has been lobbying to legalize gambling in Texas and is pursuing a bid for one of three licenses to operate a casino in New York. 

Sheldon Adelson, who founded Las Vegas Sands and served as its CEO as it grew into an international gambling and resort empire, died in January 2021, living long enough to see Sands revenues plummet because of Covid-related lockdowns. The following year, the company, now controlled solely by Miriam, sold its marquee Las Vegas properties, The Venetian and the Sands Expo and Convention Center, for $6.5 billion in a bet on its Asian casinos and resorts

It’s not the first time the Adelson empire has faced and recovered from economic headwinds. Adelson had begun expanding in Asia ahead of the 2008 financial crisis, borrowing heavily to finance the construction of new casinos and hotels. The company had lost billions as a result of the timing and the Adelsons paused much of their giving for a few years. 

Whether Miriam Adelson desires to shift philanthropic priorities following the death of her husband remains unknown. The 77-year-old, an immigrant to the United States from Israel and a naturalized American citizen, earlier this year criticized the judicial reform being pursued by the government of Israeli Prime Minister Benjamin Netanyahu, which was notable because of the Adelsons’ long-standing support for Netanyahu. 

Compared to her husband, Miriam has kept out of the public spotlight, with a significant exception in 2018, when Donald Trump awarded her the Presidential Medal of Freedom, the nation’s top civilian honor. A profile of her in the Guardian shortly afterward suggested that she had been far more influential in the couple’s activities than many realized. 

“Everybody says it’s Sheldon, but it’s Miriam,” Michael Cherry, a board member of the Las Vegas addiction recovery clinic that the Adelsons founded, was quoted as saying. 

Together with her husband, Miriam was the largest donor to Trump’s 2016 presidential bid. But she has not yet announced support for Trump this time around as he seeks to win the Republican nomination and get reelected in 2024. Earlier this year, Trump’s rival, Florida Governor Ron DeSantis, was reportedly courting Adelson and other Jewish conservative donors. DeSantis and Adelson were seen seated together at a dinner in Jerusalem. But Adelson has reportedly said that she does not plan to make an endorsement in the primary.


The post Miriam Adelson slashed her philanthropy as casinos closed due to Covid. Now, her business empire is recuperating appeared first on Jewish Telegraphic Agency.

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

RSS

Meta Boots Anti-Zionist Columbia University Group From Instagram

Pro-Hamas Columbia University students march in front of pro-Israel demonstrators on Oct. 7, 2024, the one-year anniversary of Hamas’s Oct. 7 massacre across southern Israel. Photo: Roy De La Cruz via Reuters Connect

Meta Platforms, Inc. has banned the infamous Columbia University Apartheid Divest (CUAD) anti-Zionist student group from its platforms, a decision that the company says is irrevocable.

As previously reported by The Algemeiner, CUAD is responsible for spreading pro-Hamas propaganda, assaulting Jewish students, and disrupting academic study at Columbia with unauthorized demonstrations and property destruction. Its behavior, among other factors, drove the Trump administration’s cancellation in March of $400 million in federal contracts and grants awarded to Columbia.

CUAD first reported that Meta shuttered its Instagram account on Monday, denouncing the measure as being part of “a long and concerted effort from corporations and imperial powers to erase the Palestinian people.” Meta later justified the decision to Jewish Insider, explaining that CUAD had forced the company’s hand by ceaselessly transgressing the platform’s terms of use of agreement. Meta forbids groups which advocate violence to operate on Instagram, and CUAD has used its account to call for toppling the Israeli and US governments. Additionally, its Instagram account has been essential for promoting unlawful demonstrations CUAD continues to hold at Columbia University and for sharing resources that have helped its collaborators avoid punishment.

Meta told Jewish Insider that the group won’t be allowed back.

As previously reported by The Algemeiner, CUAD’s activities have been described as a threat to the civil rights and security of Jewish Columbia University students.

Last April, CUAD members commandeered a section of campus and, after declaring it a “liberated zone,” lit flares and chanted pro-Hamas and anti-American slogans. When the New York City Police Department (NYPD) arrived to disperse the unlawful gathering, hundreds of CUAD members and their affiliates reportedly amassed around them to prevent the restoration of order. During ensuing clashes with law enforcement, one student screamed “Yes, we’re all Hamas, pig!” while others shouted, “Long live Hamas!” and filmed themselves praising the al-Qassam Brigades, the military wing of the US-designated terrorist group.

In September, during the university’s convocation ceremony, the group distributed a pamphlet which called on students to join the Palestinian terrorist group Hamas’s movement to destroy Israel. Several sections of the document were explicitly Islamist, invoking the name of “Allah, the most gracious” and referring to Hamas as the “Islamic Resistance Movement.” Proclaiming, “Glory to Gaza that gave hope to the oppressed, that humiliated the ‘invincible’ Zionist army,” it said its purpose was to build an army of Muslims worldwide.

In February, CUAD committed infrastructural sabotage by flooding the toilets of the Columbia School of International and Public Affairs (SIPA) with concrete. Numerous reports indicate the attack may have been the premeditated result of planning sessions which took place many months ago at an event held by Alpha Delta Phi (ADP) — a literary society, according to the Washington Free Beacon. During the event, the Free Beacon reported, ADP distributed literature dedicated to “aspiring revolutionaries” who wish to commit seditious acts.

Following two occupations of administrative buildings at Barnard College, Laura Rosenbury, the school’s president, denounced the group as a paranoid hate-organization.

“They [CUAD] operate in the shadows, hiding behind masks and Instagram posts with Molotov cocktails aimed at Barnard buildings, antisemitic tropes about wealth, influence, and ‘Zionist billionaires,’ and calls for violence and disruption at any cost,” Rosenbury wrote in an op-ed published by The Chronicle of Higher Education. “They claim Columbia University’s name, but the truth is, because their members wear masks, no one really knows whose interests they serve.”

Dion J. Pierre @DionJPierre.

The post Meta Boots Anti-Zionist Columbia University Group From Instagram first appeared on Algemeiner.com.

Continue Reading

RSS

Tlaib Set to Headline Terrorist-Connected Palestinian Event in New Jersey

US Rep. Rashida Tlaib (D-MI) speaking at a press conference at the US Capitol in Washington, DC, March 11, 2025. Photo: Michael Brochstein/ZUMA Press Wire via Reuters Connect

US Rep. Rashida Tlaib (D-MI) is set to headline a conference that is also hosting a member of the Popular Front for the Liberation of Palestine (PFLP), an internationally designated terrorist organization, according to documents obtained by The Algemeiner

The Palestinian American Community Center (PACC) in New Jersey will hold its annual conference, titled “Grounded in Action: Exploring the Power of the Palestinian Diaspora,” from Thursday through Sunday. Wisam Rafeedie, a self-admitted member of the PFLP, will address the conference virtually on the 4th day of the event.

According to PACC’s website, the conference “is a call to recommit ourselves to amplifying and supporting the Palestinian voices and advocates who have long been at the forefront of our struggle.” PACC also calls on members of the Palestinian diaspora “to leverage our unique positions and power” to “push for meaningful action.””

Tlaib is scheduled to headline the event’s “Youth Day,” in which she will host a reading and signing for her new children’s book, Mama in Congress, alongside her son Adam Tlaib. According to Harper Collins, the book’s publisher, Mama in Congress will chronicle Tlaib’s journey from Detroit to the halls of the federal government. The book will also detail Tlaib’s supposed efforts in working toward “justice for all” in Congress.

The conference will include several workshops educating attendees on “resistance,” “solidarity,” and “collective struggle.” The event will also feature a session stressing the importance of “centering Palestinian prisoners.”

This is not the first time that Tlaib has come under scrutiny for attending a pro-Palestinian conference tied to terrorists. Last May, Tlaib came under fire for speaking at the “The People’s Conference for Palestine,” which also hosted Rafeedie among other individuals connected to terrorist groups. During that event, Rafeedie praised Hamas, the terrorist group that runs Gaza and murdered 1,200 people and kidnapped 251 hostages on Oct. 7, 2023, as a “resistance” against Israel. He defended and downplayed Hamas’s atrocities, saying that “Zionists lie like they breathe.”

“This is not a struggle between Hamas and Israel. Hamas is part of the resistance of the Palestinian people. The core issue is between the Palestinian people and the project of settler colonialism and ethnic cleansing,” Rafeedie said. 

Rafeedie also called for the complete destruction of Israel and the replacement of the Jewish state with a “democratic” Palestine. 

“There is no longer a place for the two-state solution for any Palestinian. The only solution is one democratic Palestinian state on all Palestinian land, which will end the Zionist project in Palestine,” Rafeedie continued. 

Tlaib, the first Palestinian American woman elected to the US Congress, has positioned herself as a fierce and outspoken critic of Israel. Since entering office, Tlaib has repeatedly accused the Jewish state of implementing an “apartheid” regime in the West Bank and turning Gaza into an “open-air prison.”

In the year following the Hamas-led Oct. 7 attacks on Israel, Tlaib has sharpened her condemnations of the Jewish state. In the immediate aftermath of the massacre, she hesitated to release an official statement acknowledging the mass slaughter, abductions, and rapes perpetrated by Hamas. Less than two weeks after the invasion, Tlaib introduced a “ceasefire” resolution between Israel and the Palestinian terrorist group. In November 2023, the House of Representatives voted to censure Tlaib over her anti-Israel rhetoric.

The progressive firebrand has also condemned Israel’s defensive military operations in Gaza, accusing the Jewish state of committing a full-scale “genocide” against the civilians of the enclave. She has also peddled the unsubstantiated claim that Israel has purposefully inflicted mass starvation against Palestinian civilians and urged the Biden administration when it was in power to impose an arms embargo on Israel. Simmering with anger over the Biden administration’s support for Israel, she refused to endorse former Vice President Kamala Harris’s failed presidential bid.

Tlaib’s office did not respond to a request for comment for this story.

The post Tlaib Set to Headline Terrorist-Connected Palestinian Event in New Jersey first appeared on Algemeiner.com.

Continue Reading

RSS

Driver Charged for Brooklyn Car Crash Killing Jewish Family Has History of Claiming CIA Follows Her

An overturned auto in a car crash flipped on its roof landing on a mother and her three children, killing two children on March 29, 2025, in Brooklyn, New York. Photo: ZUMA Press Wire via Reuters Connect

A Brooklyn woman who was charged for a car crash on Saturday that killed a Jewish woman and her two young daughters has alleged in the past on social media that the US Central Intelligence Agency (CIA) is following her, a claim she also made to first responders after the fatal accident.

Miriam Yarimi, 32, is facing multiple charges, including three counts of second-degree manslaughter, three counts of criminal negligent homicide, and four counts of second-degree assault. Yarimi — a Brooklyn resident and wigmaker who is also a Jewish mother herself – was transported to NYU Langone Hospital in Brooklyn in stable condition. She was then moved to the psychiatric ward of Bellevue Hospital, according to reports.

The car crash killed Natasha Saada, 32, and her daughters – 8-year-old Diana and 6-year-old Deborah. Saada’s son Philip, 4, was injured in the crash and hospitalized at Maimonides Medical Center in Borough Park in critical condition. The New York City Police Department (NYPD) arrested Yarimi, a single mother who has a young daughter, and she is awaiting arraignment in connection to the crash that took place Saturday afternoon at an intersection on Ocean Parkway off Quentin Road in Midwood. Police said she was driving with a suspended license at the time of the crash.

“This was a horrific tragedy caused by someone who shouldn’t have been on the road,” said Police Commissioner Jessica Tisch. “A mother and two young children killed, another child fighting for his life, a family and a neighborhood devastated in an instant. The NYPD sends its condolences to the family of the victims.”

Yarimi, who shares custody of her daughter with her ex-husband, reportedly told first responders with the Jewish-led volunteer ambulance service Hatzalah that she was “possessed” and that she believes the CIA was pursing her.

She has made similar claims about the CIA many times on Instagram, a former customer of hers told The Algemeiner on Tuesday. The source, who wishes to remain anonymous, purchased a wig from Yarimi several years ago and has been following her on social media for a number of years. Yarimi has 16,000 followers on Instagram and screenshots of her since-deleted posts, obtained by The Algemeiner, confirm she previously believed that the CIA is tracking her.

“It’s very convenient to plead insanity. But it’s not new. She is actually insane. This is [an] old topic,” the former client told The Algemeiner. “She thinks that she’s been followed by CIA for a long, long time already. She truly believes that CIA is spying on her … But only people who follow her [on social media] and know her for a long time would know this. She’s sick.”

In one since-deleted Instagram post, Yarimi wrote in part about the CIA: “They have control of EVERYONE here in this world BESIDES ME … when I went to Miami, it all clicked … once they knew that I knew, they followed me around the hotel, dressed up as young parents with a doona [stroller] and disco outfits like I was stupid and didn’t know who they were … if anything they stuck out like glue.”

“It was the government, blackjack, and the CIA who manipulated everyone and took control of everyone’s mind but because I was the catalyst and the sacrificial lamb so they did their best to break me,” she wrote in a separate post that has also been deleted. “They experimented (abused) me and that’s when they cloned my daughter and I so when I die, they could reinsert me into the crowd and make me into another person.”

Yarimi previously had a highlight on her Instagram page where she talked about demons and the CIA, but it has since been deleted, her former customer told The Algemeiner. Yarimi also wrote on her Instagram Story once that she believes Hollywood is trying to clone people to look like her.

“Why do you think most of the girls in Hollywood have similar features to me like Rita Ora & Jane the Virgin etc,” Yarimi once wrote on Instagram, as seen in a screenshot shared with The Algemeiner. “Wake up, this is not just happening in Hollywood. This is happening right here in the Jewish community in Brooklyn.”

Not long after she uploaded the Instagram posts, Yarimi was admitted to a psychiatric ward and when she returned to social media, she spoke about the experience, the source told The Algemeiner.

“After the above posts she was locked up for two weeks in a psych ward. She’s very public. She went live when paramedics broke into her house and took her. She came back online two weeks later and spoke about her psych ward experience,” Yarimi’s follower said. “And it was saved in her [Instagram] highlights as well … It was horrible.”

The Algemeiner has seen a copy of Yarimi’s Instagram video that shows police drag her out of bed after she refused their orders to get up by herself. In the clip, three police officers are seen in her bedroom and a fourth is standing by the doorway.

Another longtime Instagram follower of Yamini’s described her as “delusional” when speaking to The Algemeiner, and confirmed that Yamini has spoken online repeatedly in the past about how she believes the CIA is tracking her.

In December 2024, Yarimi won a $2 million settlement from the city of New York after she filed a lawsuit claiming that former NYPD Officer George Mastrokostas repeatedly raped her for several years after falsely arresting her.

New York City Mayor Eric Adams and NYPD Deputy Chief Richie Taylor attended the funeral for Saada and her daughters on Sunday in Brooklyn before their bodies were flown to Israel for burial. Saada is survived by her husband, Sidney Saada, her sons Philip and Jacob, her parents and three siblings. Adams called the crash “a tragic accident of a Shakespearean proportion.”

“A mother going for a simple stroll on a sunny day was struck and killed. As we pray for their families and this entire community, the city mourns this loss,” he added.

Police said Yarimi was driving a blue Audi A3 sedan when she rear-ended a 2023 silver Toyota Camry with TLC plates that was carrying four passengers – a mother and three children. NYPD Commissioner Tisch said the force of the crash caused the Toyota Camry to be pushed aside, while the Audi moved forward, crashing into Saada and her children as they were crossing the street before the car overturned. Saada and her two daughters were pronounced dead at the scene. The driver of the Toyota Camry, a 62-year-old man, was hospitalized in stable condition. The four passengers inside his car sustained minor injuries and were also hospitalized, according to Tisch.

Yarimi’s car had 99 parking and camera violations between August 2023 and March 2025, including 21 speed camera tickets and five red light tickets, Eyewitness News ABC 7 reported, citing a website that tracks vehicle violations using city data. She had nearly $10,500 in fines and a car with the same license plate as Yarimi’s still has $1,345 in unpaid fines, the news outlet also revealed.

The post Driver Charged for Brooklyn Car Crash Killing Jewish Family Has History of Claiming CIA Follows Her first appeared on Algemeiner.com.

Continue Reading

Copyright © 2017 - 2023 Jewish Post & News