Adelson: I May Give Newt $100 Million

Tuesday, 21 Feb 2012 10:34 AM

By Dan Weil

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Casino/hotel titan Sheldon Adelson isn’t fazed by complaints that he’s trying to buy a victory for Newt Gingrich in the Republican presidential race.

The $25 billion man and his family already have committed $11 million to the former House speaker’s super PAC, Winning Our Future, and are expected to put in another $10 million soon, Forbes reports. That may just be the start of it, Adelson tells the magazine.

“Those people are either jealous or professional critics,” he said of the complainers. “They like to trash other people. It’s unfair that I’ve been treated unfair, but it doesn’t stop me. I might give $10 million or $100 million to Gingrich.”

Adelson doesn’t necessarily approve of the way campaign finance works, but he’s going to do what he has to do. “I’m against very wealthy people attempting to or influencing elections,” Adelson said.

“But as long as it’s doable, I’m going to do it, because I know that guys like [George] Soros have been doing it for years, if not decades. And they stay below the radar by creating a network of corporations to funnel their money.”

Adelson will maintain transparency in his activity. “I don’t want to go through 10 different corporations to hide my name. I’m proud of what I do and I’m not looking to escape recognition.”

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