Forbes' annual list of the world's richest people, the world's billionaires list in 2020, has showed that Sheldon Adelson, the founder and chairman of Las Vegas Sands, is the richest casino billionaire in the world. Ranked on the 28th spot in the list, the 86-year-old casino entrepreneur has a net worth of $31.2 billion.
The richest person alive in the gambling industry, Adelson owns over half [...] Read more » Sheldon Adelson Richest Casino Billionaire in the World
Joined: Jan '14
Location: Romania
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It is true that there are many billionaires, but it is not easy to make 30 billions. One is easier for many businessmen but his fortune of this owner is very great. Ambition matters a lot and ability to run the business same. It's a great performance.
Joined: May '09
Location: Croatia
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Posted by antonis321: The billionaires are too many nowadays . Then imagine how many are the multi millionaires , faaaaarrr too many !! The think of the millionaires , COOOUUUNTLEEESSSS !!! The billionaires are more , also their billions are more , and there is not inflation (or big inflation) last decades , so their fortune has increased really too much , they have far more money in real terms of power , they can buy far more things than before , not 1-10 of these very rich guys , but all of them !!!!!
because you can earn money much faster then before,especially on internet,so thats why we cant compare time 20 or 30 years ago and now!now with 1 billion you can much faster earn 10 billions more and different jobs and things are in game!ofcourse people also spend more on casino,betting and poker games!
Joined: Dec '14
Location: Greece
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There's too much money out there nowadays , despite effortless attempts by governments to collect as much of it as possible with their crazy 20-45% taxes , lol . Ofcourse billionaires or multimillionaires pay the same taxes as everyone else . LOL .
Then again all these billionaires sometimes they organise philanthropic campaigns and parties , sport events to raise money (tennis???? ) , they have fund raising institutions (Clinton like ) for poor or deseases (AIDS , cancer , if 1% of the real total money raised and gathered by these institutions by other rich , famous or middle class pomncies , actually goes for these causes we should be satisfied; with sth more the cure would have been found since ages , LOL . I mean , if I become a famous person or at least a millionaire , my first priority is to found a charity institution , soon my 1 million will become 10 million , then 30 millions and the story goes on .....!!! At least I will pay less taxes , guarantee profit BIIIIIGGGG MONEY!!! ) )
Bezos gave 2 billions in 20 years for philanthropy Gates 40-50 billions at the same time Some say they will donate 99% of their fortune to charity not their kids , also they have sold their shares in successfull companies they created , also they are making so many doantions as if they are forced to do this .... i have this feeling sometimes , that some billionaires are pushed (by the system , other rich powerfull guys ???) to get rid a lot of their fortune , so as to have less power (Gates ???) , Some otherwise should have triple or more wealth , incredibly rich due to their capabilities and very unique , important for the world , profitable businesses or companies . Very strange indeed , or maybe not so strange with some conspiracy thoughts ......
Joined: Jan '14
Location: Romania
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Casino owners make money and this is not an easy thing. A lot of people work for them to keep casinos profitable. Marketing strategies are very good, because they must satisfy the players, employees & the owners. This ideas works and his fortune reached at this number.
Joined: May '09
Location: Croatia
Age: 39 (M)
Posts: 20409
in america you pay tax on everything,no matter what you do!basketball players pay arround 50 % of salaries on tax,depend in what state they live,so you cant earn money in usa and not to pay tax!you can make donation and this will be deducted from your tax,so this is good thing,that you can give big donation,better then to give to goverment!probably lot of casino owners do this kind of things!
Joined: Dec '14
Location: Greece
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40 , 45 or even worse 50 % is crazy tax , and everyone knows that some people with connections don't pay taxes and if they are caught they are not punished .
Or else it would be incredibly impossible to gather so many billions in a very short period of time , with the exception of some geniuses (Gates) or people very good at exploiting at the maximum rate others' talents (Sreve Jobs) who have (or had ) very important businesses for all the world .
Absolutely rational , system tries to protect hirarchy of the wealthy people worldwide , many times with technical scheduled crises of every nature , in order to reset the prosperity and achievements of the poor and make them start again with less power (you don't have to follow the fake communist ideology (made by the system) to accept this truth , although whoever says that might be accused as a communist , LOL ) , also it's a way for the system , every society to get rid of the weak (poor , unemployed , ill , mentally weak, etc )
Anyway , the gather so many years 40-50% taxes , almost all countries complain they don't have money , they need more , they cannot pay for the basic , and other lies . Goverment politicians are the greatest thieves in every country
Ok , in some countries have 1 billion $$ gdp other10 billions $$$ (montenegro ), others trillions of dollars $$$ , but their common place is that they are never enough lol , not for investments , not for the businesses , not to pay civil servants , not to help the poor , etc lol . Ofcourse US can print money whenever they wnt , with not many inflation consequences , or none consequences , one of the benefits if you are the indisputable world leader power ....
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13302
Taxes are a modal robbery because they are too high for what is needed in every year for a good life. A lot of money does not stay in the budget because it is grabbed by politicians... but every businessman pays a lot of money if he has no relationship. This owner same i think.
Joined: May '09
Location: Croatia
Age: 39 (M)
Posts: 20409
in america every man pay tax,if you dont,dont worry goverment will take that from you and thats end of story!no matter how much you are rich you will pay it,you cant have any protection about that!so when you read that some nba players will get 100 millions for 5 seasons in nba,you must know that half of that goverment will take for tax,so player will get 50 millions,but ofcourse they dont say that in news!
Joined: Jul '13
Location: Israel
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Posts: 558
In Israel he spends hundreds of millions on a newspaper that is handed for free that is just a PR machine for Israel's prime minister. It is the most expensive PR newspaper I ever heard of, but it's doing it's job. Netayahu keeps winning time after time after time. Guess Adelson knows whats he's doing.
Joined: Dec '14
Location: Greece
Age: 40 (M)
Posts: 2118
Paying all these crazy taxes of 40-50% guarantee one thing , you'll never be one of the billionaires , lol . Many of these people have the way to avoid some taxes , have the connections . The same applies for many who become multimillionaires . Especially when the acquire suddenly some new ''friends'' among other multimillionaires or billionaires , they can ladder up and level up very easy , not paying taxes , not being punishes , etc . Ofcourse , many times goverments or the system do keep these tax payments ogf them on ice , waiting to blackmail or punish these rich , if one day they lose power and connections , if one day they come against some of their pals And then they might acused seriously , cause , I think , not paying taxes is a serious crime , especially for much $$$$$
Joined: May '09
Location: Croatia
Age: 39 (M)
Posts: 20409
you cant avoid anything in usa,you cant avoid to pay tax,only thing that you can pay less if you make donation to some organisation,no matter who you know!dont know what tax you exactly pay in casino industry,especially in las vegas,but on sport you pay 50 %,so this isnt joke!its first and most important thing in america!
Joined: Nov '11
Location: Poland
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Posts: 1081
Posted by antonis321: I remember when the richest man had 40-45 billions of dollars many years ago , I believe it was Bill Gates . Now , 15-20 years later , so many with $40 billions , also Bill Gates has reached $100 billions , Zeff Bezos has more than $100 billions .
We call that - INFLATION
$2000 in 1900 is worth almost $70000, which mean that is multiplied almost 30 times. 29,72% in USA exactly
Joined: Jul '13
Location: Israel
Age: 49 (M)
Posts: 558
If you have enough money to hire the best accountancy firms than you don't pay as many taxes as the regular falks. This is why the 0.1% of people get to be wealthier while the rest of us are being hammered with day to day living and get no discounts from tax authorities. It is known, especially in the US, that the more money you have the less tax you pay. Trump is not making this better, only worse.
Joined: Jan '14
Location: Romania
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Posts: 13302
I don't know what Trump is doing, but accountants and financial experts help a lot. Good businessmen have behind them this kind of people who help them to get rich. Ordinary people pay high taxes because they do not know the laws and what options they have.
Personally I don't believe this is inflation for the very rich billionaires . If you see how some become billionaires , then lose many billions from their fortune , or who have some billions and some years later they double or triple their fortune , or why some very successfulldon't have enormously more billions , instead they have the same billions as others with not so importasnt businesses , also they say they gonna give 99% of their wealth to charities , or forced to sell their shares from most successfull businesses they had .
And these data for their fortune , are they 100% true ?? Also what taxes they ACTUALLY pay , I can only imagine , lol . More wealth in the world nowadays , more of it , more power to the hands of the world oligarch , middle classes' and workers' fortune are under absolute contro , with the fake (pre-scheduled) periodical economical crises and the minimum wages and the MF 20% to 45% taxes , 10% only for the bottom class , the bottom of the food chain
) , they have fund raising institutions (Clinton like 
) for poor or deseases (AIDS , cancer , if 1% of the real total money raised and gathered by these institutions by other rich , famous or middle class pomncies , actually goes for these causes we should be satisfied; with sth more the cure would have been found since ages , LOL . I mean , if I become a famous person or at least a millionaire , my first priority is to found a charity institution , soon my 1 million will become 10 million , then 30 millions and the story goes on .....!!! 
And then they might acused seriously , cause , I think , not paying taxes is a serious crime , especially for much $$$$$
