Market drop shrinks Sands boss's net worth

Stutz, Howard
October 2008
Las Vegas Business Press (10712186);10/20/2008, Vol. 25 Issue 42, p17
The article reports on a decline in the net worth of Sheldon Adelson, chairman of casino operator Las Vegas Sands Corp. in Nevada. Adelson, once considered the third-richest man on the "Forbes" magazine 400 list of richest U.S. citizens, saw his net worth decline by $4 billion in September 2008. It notes that Las Vegas Sands' shares have lost more than 90 percent of their value since hitting $144.56 on October 2, 2007. It talks about a case filed against the company by businessman Richard Suen.


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