To accommodate their growing trade business, Mr. Adelson and his partners — Mr. Chafetz, Mr. Cutler and Jordan Shapiro, an optometrist from the old neighborhood (“the boys,” as they were often called internally) — bought the aging Sands Hotel and Casino from the financier Kirk Kerkorian for $128 million.
Tags:
reblog
Comdex
Vegas
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When 3rd Place on the Rich List Just Isn’t Enough - New York Times (via iheartvegas)
I hadn’t realized that Adelson (developer of the Venetian and Palazzo) made his first fortune with Comdex. It also partly explains why he’s so interested in being richer than Bill Gates. Heh.
