Dr. Miriam Adelson’s $95 Million Contribution: A Major Boost for Trump’s Campaign
Introduction
In a pivotal move for the 2024 presidential race, Dr. Miriam Adelson, the billionaire and owner of Las Vegas Sands, has become a cornerstone of support for former President Donald Trump. By contributing a staggering $95 million to the pro-Trump Preserve America PAC during the third quarter of 2024, Adelson’s financial commitment is not just significant; it is transformative for Trump’s re-election campaign.
Adelson’s Impact on Fundraising Dynamics
Adelson’s donations, made between July and September, have pushed her total support for Preserve America PAC to an impressive $100 million for the year. This major inflow of cash arrives at a crucial time, as Trump’s campaign has been trailing behind Vice President Kamala Harris in the fundraising arena. According to a report from Bloomberg, Harris’s campaign has amassed an extraordinary $1 billion compared to Trump’s $853 million.
The impact of Adelson’s contributions cannot be overstated; her financial backing constitutes a significant portion of the PAC’s third-quarter funds. As the election approaches its climax, Preserve America has reportedly allocated $113 million specifically for advertising geared towards Trump, with a spotlight on vital swing states, including Michigan and Wisconsin. Both states, critical in the prior elections, are anticipated to once again influence the outcome as both candidates vie for their electoral votes.
A Longstanding Champion of Republican Causes
Dr. Miriam Adelson is no stranger to political contributions. As the widow of the late casino magnate Sheldon Adelson, she has a long history of major donations to Republican causes, making her one of Trump’s most significant allies. The Adelson family was a substantial financial force in the 2020 election, pouring $90 million into Trump’s re-election efforts. With her recent contributions, Dr. Adelson continues this legacy, fulfilling a previous pledge to support Trump’s 2024 campaign with significant financial resources.
Challenges for Trump’s Campaign Amid Financial Disparities
Despite the windfall from Adelson, the Preserve America PAC faces stark realities as the election nears. With just $7.4 million left to spend, the PAC’s financial position is precarious compared to the Harris campaign’s strategic advantage. Indeed, Harris’s ability to outspend Trump in battleground states is evident in her campaign’s $314 million investment in media buys, dwarfing Trump’s $173 million.
On the ground, Harris has established over 330 field offices staffed by nearly 2,000 paid employees aimed at enhancing voter mobilization efforts, demonstrating a robust operational edge that complements her fundraising prowess.
Political Alliances and Controversies
Adelson’s financial backing has raised eyebrows and sparked discussions within political circles. Notably, she appeared alongside Trump at an event in September that attracted controversy when Trump controversially suggested that Jewish voters would bear responsibility if he were to lose the election. At this same event, Trump emphasized his administration’s achievements concerning Israel, including the relocation of the U.S. embassy to Jerusalem, a move widely celebrated by Adelson and those who support pro-Israel initiatives.
In a further demonstration of her political influence, the Las Vegas Review-Journal, a newspaper owned by the Adelson family, recently endorsed Trump for the 2024 presidential race, continuing a trend established in the past elections of 2016 and 2020.
Conclusion
As the election season intensifies, Dr. Miriam Adelson’s substantial financial contributions and longstanding support for Trump underscore her influential role within Republican politics. However, as Trump faces a formidable opponent in Vice President Kamala Harris—backed by overwhelming fundraising success—the effectiveness of her donations will be put to the test in the coming weeks. With critical swing states once again in the spotlight, the stakes are higher than ever for both campaigns as they prepare for a battle that could define the future of American politics.
