Sheldon Adelson and wife give $10 million to pro-Romney super PAC
October 25th, 2012
11:02 PM ET
2 years ago

Sheldon Adelson and wife give $10 million to pro-Romney super PAC

Washington (CNN) - Thanks to $10 million in new donations from Nevada billionaire Sheldon Adelson and his wife, the pro-Romney super PAC Restore Our Future raised more than $20 million during the first half of this month, according to a financial disclosure form filed with the Federal Election Commission Thursday.

The group had more than $36 million cash on hand, and spent $12 million, as of October 17.

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The haul so far in October is almost as much as it raised in August and September combined.

The new contributions by the Adelsons bring the couple's total to Restore Our Future to $20 million.

Restore Our Future launched a major swing state ad campaign earlier this week, buying almost $18 million worth of commercial time in 10 states.

For the Adelsons, who rank as the top givers to outside political groups according to the non-partisan Center for Responsive Politics, this latest donation means they have given at least $61 million this campaign cycle to entities which have to disclose their donors: super PACs, campaign committees and candidates.

Mr. Adelson is a controversial Nevada magnate who operates casinos both in Nevada and overseas.

He has been the highest profile Republican donor this election cycle because of the growing influence of super PACs and his willingness to give to them. He and his wife donated millions to Winning Our Future, the super PAC that was largely responsible for helping keep Newt Gingrich in the GOP primary contest.

After Gingrich dropped out, Adelson was at first reluctant to support Romney. After several meetings and conversations, however, Adelson decided to embrace the Republican nominee. One reason, associates have said, is because Adelson is determined to do all he can to make sure President Barack Obama is not re-elected. Another key objective for him is the safety of Israel, and he believes Romney would be a stronger friend of the Jewish state than Obama, friends have said.

Adelson hosted a fund-raiser for Romney and went to Israel to join the Republican nominee during his July trip.

He has told friends he and his wife could spend as much as $100 million this election to help elect the Republican nominee and support GOP congressional candidates.

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Filed under: 2012 • Fundraising • Mitt Romney
soundoff (90 Responses)
  1. onlyfacts

    There is no hope for this country. We the people have the power to put an end to this insanity. The problem is, close to half of "we the people" are insane and don't see the insanity. Our country can now be run by the officials that had the most money to put towards attack ads. I'm sure the rest of the world is laughing at us all.

    October 26, 2012 06:31 am at 6:31 am |
  2. Marie MD

    It's funny because adelson has seen his richness grow thanks to the Obama Administration.
    Of course, if the twit is elected and the country implodes he will still make billions while the rest of us will lose all we have now and in the future.

    October 26, 2012 06:31 am at 6:31 am |
  3. Namejkane sfl a vote for lady parts romney the tax cheat and lyin lady parts ryan willcut your moms medicare and soc sec . .can you afford to pay for them???

    Addlson is another gop stooge who romney the tax cheat represents instead of the 47% of Americans.

    October 26, 2012 06:36 am at 6:36 am |
  4. Gurgyl

    Let this idiot pour money on our soil–idiot. Drive GOP thugs out in this election.

    October 26, 2012 06:37 am at 6:37 am |
  5. Honestly

    It will give me great pleasure to vote and know that Adelson and all his filthy wealth cannot buy the presidency.

    Obama 2012.

    October 26, 2012 06:39 am at 6:39 am |
  6. Jerry

    Smart man and wife! Good investment in America, too!!!

    October 26, 2012 06:40 am at 6:40 am |
  7. Willie Floyd

    It's a sad, sad time in our country when votes can be bought. "The love of money--".

    OBAMA/BIDWN 2012

    October 26, 2012 06:41 am at 6:41 am |
  8. Name OutOfTheBox

    The "Our" in "Restore Our Future" refers to the top 1%.

    October 26, 2012 06:42 am at 6:42 am |
  9. Celeste

    Wow....billionairess are donating millions to get Romney into office. I wonder why since he's not for the rich. "He loves poor people" opps, he means " lower class people who don't pay taxes, thinks they are obligated to basics like food and shelter and he loves PBS, but it has to go."

    October 26, 2012 06:44 am at 6:44 am |
  10. mark

    I can't wait for 2 things:
    1. citizens united to be overturned. That was by-far the WORST decision made by the Supreme Court.
    2. This guy to be put in jail for his under handed dealings overseas.

    And just to tick off my friends on the right...he didn't build that. Have a great day y'all.

    October 26, 2012 06:44 am at 6:44 am |
  11. Namejkane sfl a vote for lady parts romney the tax cheat and lyin lady parts ryan willcut your moms medicare and soc sec . .can you afford to pay for them???

    All the money in the world won't help romney the tax cheat. But keep dumping your money down the toilet ,romney probably lied to you to addlson ?????

    October 26, 2012 06:44 am at 6:44 am |
  12. M-W-T

    I don't care how much money he spends.......We can't TRUST Romney......period!!!!!
    Mitt Romney is THE WORST REPUBLICAN ON THE PLANET FOR POTUS
    One other question..."What has any republican done for Americans in the last 4 yrs????"
    Every one of them has put himself first and all Americans last.......JOBS.....JOBS....JOBS...remember that line?
    JERKS

    October 26, 2012 06:45 am at 6:45 am |
  13. John

    Left or Right, it seems really sad that the super rich dump money to the tune of over 1 billion dollars for both parties for mud slinging ads that smear each other. How about all you rich people put money back into communities that can help less fortunate people. If you had ten million to give, would you give it to another rich person expecting nothing in return? I may be broke but I'm not stupid.
    This ad brought to you by an undecided voter.

    October 26, 2012 06:49 am at 6:49 am |
  14. DC guy

    This is a disgusting example of special interest politics. Adelson would never spend this amount of money on humanitarian efforts to benefit his own community. I would imagine that the onl y other endowment this man would invest in would be plastic surgery for his wife.

    October 26, 2012 06:50 am at 6:50 am |
  15. petena

    YOU should give it to a charity instead. Money will not BUY elections.

    October 26, 2012 06:54 am at 6:54 am |
  16. John

    Correction. Over 2 BILLION!!!!!!!

    October 26, 2012 06:55 am at 6:55 am |
  17. smithdp

    Government of the wealthy, by the wealthy and for the wealthy. Just as Lincoln envisioned. Wait, do I have that right?

    October 26, 2012 06:55 am at 6:55 am |
  18. MC

    Why do none of the networks ask sheldon what he expects for all his money...he wants a war for israel and his criminal and tax problems to go away....Why has nobody asked Mitt what he will be doing for Sheldon?

    October 26, 2012 06:56 am at 6:56 am |
  19. AaronT3

    Wow, they must really dislike abortion and gay marriage or they just want more tax breaks, loop holes, and deregulation...hmmm perplexing

    October 26, 2012 06:57 am at 6:57 am |
  20. sanjay Hadavala

    why the heck this billionaire or a willing to tax invade bas.... does not donate or give the money to some one in need for good cause, help poor children or some one out of job in AMERICA?....

    your goal should not be fighting against some one, you should aim for what is good for country....

    October 26, 2012 06:58 am at 6:58 am |
  21. Jon

    Makes you wonder what they are expecting to gain by spending 100million on an election.

    October 26, 2012 06:59 am at 6:59 am |
  22. John

    I promise that when I have that much money I will put it back into the community to help those that need it. Never forgetting those less fortunate then me. I will create a new breed of wealthy people in America that does what's right and never for personal gain.

    October 26, 2012 07:02 am at 7:02 am |
  23. liberal disease

    keep giving! that's what we have to do to get rid of Obama and his negative campaign machine! Hope and Change!!

    October 26, 2012 07:03 am at 7:03 am |
  24. freetime1

    "Mr. Adelson is a controversial Nevada magnate who operates casinos both in Nevada and overseas. "
    He knows Mitt is for sale.

    October 26, 2012 07:03 am at 7:03 am |
  25. dahdit

    Mob money spends just like regular money. Just don't forget the payback.

    October 26, 2012 07:05 am at 7:05 am |
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