BusinessEntrepreneurship

Sheldon Adelson is the king of American roulette

Anyone who aspires to success in business and wants to gain financial independence is simply obliged to read the success story of this person. Hourly he earns one million dollars. Naturally, there is much to learn from such an entrepreneur. Who is he? American Sheldon Adelson. He is the owner of one of the most profitable companies, located in Las Vegas, where thousands of people lowered into the casino whole fortunes. But how could he become the multimillionaire Sheldon Adelson? The success story of this rich man is unique.

Years of childhood and adolescence

He was born in August 1933 in a small provincial town of Dorchester. His father was a simple taxi driver, so the money in the family was sorely lacking. In the house where the Adelson family lived, there was only one bed occupied by the parents. The children slept on the floor.

To somehow improve the financial situation, already in her youth Sheldon Adelson was forced to work part-time. And the boy took up any case, if it could bring any income. For some time he spread the newspapers, but, becoming a little older, suddenly realized that without special education to achieve success in any field of activity is almost impossible. The teenager has already resigned himself to the fact that he will never have a diploma, since he needs a lot of money to study at the university.

"Eureka!"

But along with the realization that it would not be possible to get a higher education, Sheldon Adelson unexpectedly suggested that in order to earn money, a certain algorithm of action, a systemic approach, is needed. He also thought that success in work comes faster if you work not with one team but with one. And then Sheldon offered his friends a partnership.

He gave out a stack of newspapers to all his friends, assigned a specific area to each of them, and after a while received his first commissions.

Business is gaining momentum

Having received the certificate of maturity, Sheldon Adelson decided to expand the horizons of business. He invited his partners to trade more profitable goods, namely, toiletries. As customers, he chose hotels and hotels, because they were in dire need of shampoo and toilet paper. Soon the plan worked, and the business began to bring good dividends. They were even helped by concierges and porters for a certain percentage to sell the goods.

Becoming more mature, Sheldon Adelson (his height - 175 cm) began to earn even more and soon turned into an experienced entrepreneur. He could immediately determine the prospects of this or that case.

The prototype of casino

After a while the young man began to help in the work of his uncle, who owned a fairground show.

Suddenly, a fantastic idea came to him - to put in a tent a spinning wooden wheel with an arrow and numbers. Will have to bet and turn roulette. So he planned to make money guessing numbers. Sheldon immediately compiled a business plan for his new venture and calculated that the business would bring a huge profit. So it happened.

Other projects

In the 60s, Sheldon Adelson, whose biography will be of interest to start-up businessmen, gives start to other entrepreneurial projects. In particular, he invests in the exchange market, organizes charter business and sells real estate.

CDT

In the late 1970s, Sheldon Adelson, whose photo is familiar to almost every American, is actively involved in the field of computer business.

He creates a profile commercial structure Computer Dealers Exhibition, which holds large-scale exhibitions, which presents a wide range of equipment for PC. The entrepreneur does not doubt that computer technology is waiting for a great future, which means that you can build a profitable business on them. And he was not mistaken in his calculations ...

After some time, he managed to sell Computer Dealers Exhibition for huge money.

Casino

In return, Adelson invested in a large gambling club called The Sands Hotel & Casino. Soon he added the casino building to the exhibition center, which subsequently enriched the businessman even more. But after some time Sheldon intends to turn The Sands Hotel & Casino into a large-scale project that would be equipped with everything necessary for gambling people. But in the original version of the casino was not consistent with his plans, so he dismantles the building, and in its place is erected a giant gaming complex, called Venetian. The mere fact that instead of pavilions in the new casino there was a real channel with gondolas that sent visitors from one game zone to another, testified to the pomposity and uniqueness of the project.

Analysts of the famous Forbes magazine estimated that in 2007 the profit of entrepreneur Adelson was $ 26 billion, which gave him the right to take the sixth position in the ranking of the richest people in the world and the third line in the list of the wealthiest Americans. However, 2010 from a financial point of view was unsuccessful for Sheldon. Then he lost almost 50% of his fortune, but in 2011 he managed to rehabilitate himself, and his income amounted to 23 billion dollars. Despite the fact that the businessman has passed for eighty, he can give odds to any rash rich man.

The businessman has been married to Miriam Okshorn for 25 years. Their first meeting took place within the walls of the clinic for drug addicts. It was there that the king of the American roulette came to visit his son from his first marriage, which was in trouble. Miriam worked as a doctor in the clinic. Today the couple Adelsonov is dealing with the problem of drug addiction. Thus, Sheldon is not going to go on a well-deserved rest, continuing to live an active life.

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