Idiotic Billionaire Sheldon Adelson Says He Might Give $100M To Newt Gingrich But Not Ron Paul

I might give $10 million or $100 million to Gingrich.”

Adelson, the 78-year-old CEO of casino giant Las Vegas Sands, certainly can afford to: With a net worth of roughly $25 billion, that $11 million, which jolted Gingrich’s flatlining presidential bid back to life, equates to 0.044% of his fortune. For someone with a $1 million net worth, the equivalent would be $440, or a two-night stay at Adelson’s Venetian casino. Adelson could personally fund an entire presidential campaign—say, $1 billion or so—and not even notice.

Idiotic Billionaire Sheldon Adelson Says He Might Give $100M To Newt Gingrich But Not Ron Paul 031212forbescoveradelso

Is that fair? “I’m against very wealthy people attempting to or influencing elections,” he shrugs. “But as long as it’s doable I’m going to do it. Because I know that guys like Soros have been doing it for years, if not decades. And they stay below the radar by creating a network of corporations to funnel their money. I have my own philosophy and I’m not ashamed of it. I gave the money because there is no other legal way to do it. I don’t want to go through ten different corporations to hide my name. I’m proud of what I do and I’m not looking to escape recognition.”

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So with Gingrich looking increasingly unviable, does that mean he’ll throw his largess behind another candidate? “If Ron Paul is chosen I certainly wouldn’t do that.”

http://www.forbes.com/sites/stevenbertoni/2012/02/21/billionaire-sheldon-adelson-says-he-might-give-100m-to-newt-gingrich-or-other-republican/

Idiotic Billionaire Sheldon Adelson Says He Might Give $100M To Newt Gingrich But Not Ron Paul

Idiotic Billionaire Sheldon Adelson Says He Might Give $100M To Newt Gingrich But Not Ron Paul

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