7 August 2014 – by Peter B. Gemma, National Executive Committee Member

Sheldon Adelson is the 10th richest person in the world — some say the eighth, but why quibble about a few billion dollars. Undoubtedly, he’s among the one percent of the one percent of America’s political elites. The Center for Responsive Politics reports that during the 2012 elections, Adelson gave $20 million to Winning Our Future, the super PAC that promoted Newt Gingrich’s presidential bid, then poured $30 million into the Restore Our Future, one of the super PACs supporting former Massachusetts Governor Mitt Romney. He also underwrote GOP operative Karl Rove’s political operation to the tune of $23 million. All told, Adelson and his wife invested $100 million in the 2012 campaign sweepstakes, more money for one election than anyone else in American history.

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