Republican megadonor and billionaire Miriam Adelson made headlines this week after revealing that she donated $95 million to the pro-Donald Trump Preserve America PAC during its third quarter, according to a Federal Election Commission filing. This massive contribution comes as the election draws near and demonstrates Adelson’s unwavering support for Trump and his campaign. In total, Adelson has donated $100 million to the PAC so far this year, indicating her commitment to helping Trump secure another term in office.
The Trump-supporting super PAC has already allocated $113 million toward presidential campaign ads, with Adelson’s contributions playing a significant role in funding these efforts. Adelson’s support for Trump has been clear throughout the year, with her also donating $1 million to Georgia Gov. Brian Kemp’s super PAC. Earlier this year, she assured Trump that she would provide $90 million to help his campaign, underscoring her dedication to supporting the former president’s reelection bid.
As one of the world’s wealthiest individuals, with an estimated net worth of $34.4 billion, Adelson holds considerable influence in political circles. She is the widow of former Las Vegas Sands CEO Sheldon Adelson, who was Trump’s largest donor in 2016. Since her husband’s passing in 2021, Adelson has continued to be a prominent Republican megadonor, making significant contributions to pro-Trump groups such as the Preserve America PAC. Her donations are seen as crucial for Trump as he faces formidable fundraising challenges in his campaign against Vice President Kamala Harris.
Despite Harris’ substantial fundraising advantage—the campaign reportedly raising over $1 billion this year compared to Trump’s $853 million—Adelson’s support for the former president has helped narrow the gap between the two candidates. The top 10 PACs supporting Trump have raised a combined $329.4 million since the start of the year, compared to the $256.6 million raised by the top 10 Harris-supporting PACs. Adelson’s contributions, along with those of other wealthy donors, are playing a critical role in ensuring that Trump has the financial resources necessary to compete effectively in the election.
In addition to her political contributions, Adelson made headlines last year when she acquired a 73% majority stake in the Dallas Mavericks in a deal worth around $3.5 billion. This deal, which involved fellow billionaire Mark Cuban retaining a 27% minority stake in the team, showcased Adelson’s business acumen and further solidified her status as one of the world’s wealthiest individuals. As the election approaches and the competition between Trump and Harris intensifies, Adelson’s generous donations to pro-Trump groups serve as a reminder of the significant influence that wealthy donors can have on the political landscape.
