Adelsons Donate $75M to Pro-Trump PAC
Casino mogul Sheldon Adelson and his wife Miriam Adelson have donated $75m to the pro-Trump Preserve America Political Action Committee, accounting for roughly 90% of the group’s fundraising in September.
The money for Preserve America brought the Adelsons’ giving to Republican candidates and committees to a whopping $176 million for the 2020 election cycle. The couple had previously given $50 million to Senate Leadership Fund, the GOP super PAC focused on defending the Senate majority. An additional $40 million in donations to the Congressional Leadership Fund, the Republican super PAC focused on the House, was revealed in new filings late Thursday night.
IRS filings Thursday also showed that the Adelsons gave $5 million to the Republican State Leadership Committee, which focuses on state legislative and other state-level races, and $2 million to the Republican Governors Association.
In total, Preserve America raised $83.76 million between its creation on August 31 and the end of September. Other major donors include Home Depot co-founder Bernie Marcus, who gave $5 million, investment banker Warren Stephens, who gave $2 million, and businesswoman Diane Hendricks, who gave $1 million.
