Sheldon Adelson Quotes

120 Sheldon Adelson Quotes

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[On whether trade shows set or reflect an industry’s pace] I think it’s a two-edged sword. It is a reflection of the state of the art of the industry. But what takes place at the show is a catalyst for the future growth of the industry. What happens at the trade show is the seed for the industry’s growth.
Sheldon Adelson

What good is a computer mart that is 52 weeks per year?
Sheldon Adelson

[In 1984] I have an extensive real estate background.
Sheldon Adelson

I developed the west hall of the Las Vegas [Nevada] Convention Center in 70 days and donated the building to the city.
Sheldon Adelson

[In 1984] We are in a fast-track, rapid-growth industry. As long as COMDEX reflects the industry, it will be large.
Sheldon Adelson

Those people are either jealous or professional critics.
Sheldon Adelson

[In March 2012] What scares me is the continuation of the socialist-style economy we’ve been experiencing for almost four years.
Sheldon Adelson

The redistribution of wealth is the path to more socialism, and to more of the government controlling people’s lives.
Sheldon Adelson

What scares me is the lack of accountability that people would prefer to experience, just let the government take care of everything and I’ll go fish or I won’t work…
Sheldon Adelson

Some people call me an optimist. The fact is that my appetite for risk was far greater than other people, and my courage in my own conviction was unshakable.
Sheldon Adelson



I could have easily folded up and not put in a penny. But the company was not in bade shape, it was in good shape.
Sheldon Adelson

The fundamentals of the company never changed.
Sheldon Adelson

[On talking about the place where he grew up in a one bedroom apartment and pointing to a group of plush yellow sofas that took up around 12.5% of his office.] The bedroom was about the size of these chairs here.
Sheldon Adelson

I changed the paradigm from a 40-hour factory week to 24-hour activity.
Sheldon Adelson

I was absolutely, unequivocally, irresistibly, unquestionably convinced that I could build another Las Vegas.
Sheldon Adelson

In my mind I knew it was perfect for an Asian strip, Asia’s Las Vegas…
Sheldon Adelson

You know I offered Steve Wynn half the Cotai Strip. He said to me, ‘That’s the stupidest idea I’ve heard of in my life’ – almost verbatim.
Sheldon Adelson

It will take us four to five years. By then everything will be solved. There are tens of billions to be made.
Sheldon Adelson

We lived in a Jewish ghetto in Boston. I used to call it the slums. The best you could say about it was that it was a dense, impoverished area.
Sheldon Adelson

My parents had few material things and the moneylender came to the house so often that I thought he was an uncle, like he was part of the family, because he would show up at every family affair.
Sheldon Adelson



I said, “But Daddy, aren’t we poor?” He said, “Yeah, we’re poor, but there’s always somebody who’s more poor and you have to help take care of them.” I didn’t want to believe that, because nobody ever helped me. I had to do everything on my own.
Sheldon Adelson

My first business was at the age of twelve. I bought and sold two newspaper “corners.” The “corner” was like a franchise to be able to sell the local newspapers. It was a right, and I had to buy that right from somebody.
Sheldon Adelson

I never thought about becoming wealthy. It never crossed my mind. What really motivated me was to try to accomplish something.
Sheldon Adelson

Achievement is the motivation of entrepreneurs.
Sheldon Adelson

If I had 100% of the market and someone took 69% away from me…
Sheldon Adelson

We are the most successful casino in history. How come it’s working? It’s working.
Sheldon Adelson

The proof of the pudding is in the eating.
Sheldon Adelson

We don’t have to be Chinese to appeal to the Chinese market.
Sheldon Adelson

There’re two ways of measuring success. One is the gross income. The other one is the EBITDA – the bottom line. We focus on the bottom line. He’s focusing on the top line.
Sheldon Adelson

[On Stanley Ho] He believe’s he’s entitled to the monopoly forever.
Sheldon Adelson



I’ll tell you the secret, but nobody ever follows it. Just do things different. Just do things in life the way other people don’t do that. Change the status quo. And then you’ll succeed.
Sheldon Adelson

Sometimes in business, some people are overwhelmed by their success. That has happened to me a number of times. Birthright is overwhelmed by its success. There are so many kids that want to go on Birthright. A big challenge for Birthright is to raise enough money to send all the kids that want to go. The demand is much higher than the supply.
Sheldon Adelson

I won’t exactly say genius. My hobby has been to create businesses.
Sheldon Adelson

[On why business is interesting to him] I think it’s the opportunity to create something, to accomplish something.
Sheldon Adelson

I think one of the most significant characteristics about being entrepreneurial is to have the courage of your own convictions.
Sheldon Adelson

I could set up a road map to success in a particular business… nobody wants to follow.
Sheldon Adelson

Entrepreneurs do it for the accomplishment. The self-fulfillment. To feel good about something.
Sheldon Adelson

My method of operation is to: identify, challenge and change the status quo.
Sheldon Adelson

I first had a success when I was 16 years old. I was in the vending machine business.
Sheldon Adelson

My most recent success before the Las Vegas Sands Corporation is the trade show that everyone knows as COMDEX. [Sold for more than $800 million.]
Sheldon Adelson



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