Dr. Miriam Adelson, billionaire and owner of the Las Vegas Sands, has contributed $95 million to the pro-Trump Preserve America PAC during the third quarter of 2024, a substantial boost to the former president’s re-election campaign.
Adelson’s Support Key as Trump Campaign Lags Behind Harris in Fundraising
The donations, made between July and September, bring her total support for the PAC to $100 million for the year. This financial backing comes as Trump’s campaign faces a tighter fundraising race against Vice President Kamala Harris, whose campaign has raised $1 billion so far, compared to Trump’s $853 million, reported Bloomberg.
Adelson’s contributions form a significant portion of the PAC’s total third-quarter funds and will be crucial in the upcoming final stretch of the election. Preserve America has already allocated $113 million towards advertising for Trump, with a particular focus on key swing states like Michigan and Wisconsin, which Trump won in 2016 but lost in 2020. These states are once again expected to play a pivotal role in determining the outcome of the election.
Adelson, the widow of casino magnate Sheldon Adelson, has long been a major donor to Republican causes and a key supporter of Trump’s political career. In 2020, she and her late husband contributed $90 million to Trump’s re-election efforts, making them his largest donors. Her recent donations follow through on a previous pledge to provide substantial financial backing to Trump’s 2024 campaign.
With Only $7.4M Left, Trump PAC Struggles Against Harris’ Financial Dominance
Despite her hefty contributions, the Preserve America PAC now has just $7.4 million left to spend as the election approaches. In contrast, Harris has been able to outspend Trump in advertising across all battleground states, with her campaign investing $314 million in media buys compared to Trump’s $173 million. The Harris campaign’s financial advantage has also enabled it to set up over 330 field offices, staffed by 2,000 paid employees, to bolster voter mobilization efforts.
Adelson’s financial support has not gone unnoticed. She appeared alongside Trump at a September event where the former president sparked controversy by suggesting that Jewish voters would be responsible if he lost the election. Trump also linked his success to the future of Israel, highlighting his move of the US embassy to Jerusalem during his presidency, a decision that was celebrated by Adelson and other pro-Israel advocates.
Recently, The Las Vegas Review-Journal gave its support to Donald Trump for the 2024 US presidential race. This backing follows the paper’s endorsements in 2016 and 2020. The Adelson family owns the media.
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