Las Vegas Sands’ stock is up nearly 35% this year, jumping more than 8% alone in the week between December 6 and December 12. The stock surge boosted Adelson’s fortune by about $1.2 billion in a week, bringing his net worth to $40 billion. Las Vegas Sands shares price saw the most movement on December 12, climbing nearly 4% after President Trump tweeted, “Getting VERY close to a BIG DEAL with China. Macau operations accounted for nearly two thirds of Las Vegas Sands’ third-quarter revenue. After nearly a year of skipping Las Vegas Sands’ conference calls, he attended the company’s third-quarter earnings discussion in late October.

Source: Forbes December 14, 2019 13:52 UTC