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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHow Sheldon Adelson's Death Could Affect the G.O.P.'s Future - NYT
...And while it seems likely that Mr. Adelsons wife, Dr. Miriam Adelson, will continue with some of their familys political giving, his passing Monday night at the age of 87 leaves Republicans without a benefactor whose donations were so crucial to the partys success that only a small number of billionaires, like Charles Koch, rivaled his influence.
All told, Mr. Adelson and his wife have donated more than a half-billion dollars to G.O.P. campaigns and super PACs since 2010, according to federal records.
...
Part of the concern for Republicans, Mr. Reed added, is that the Adelsons have been so singular a force in the party that there is no replacement. A next generation of Sheldon-level giving does not readily exist, he said.
https://www.nytimes.com/2021/01/12/us/politics/adelson-republican-fundraising.html
The problem about building a political party around a handful of Billionaire donors. When a donor dies, you suddenly have a financing hole.
Also interesting that there is no up-and-coming billionaire to take his place.
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How Sheldon Adelson's Death Could Affect the G.O.P.'s Future - NYT (Original Post)
DBoon
Jan 2021
OP
NCjack
(10,279 posts)1. Maybe the Repukes will be ready to limit the money in politics.
BlueIdaho
(13,582 posts)2. Not a chance.
They will just move on the the next hate monger with a billion dollar net worth.
DBoon
(22,383 posts)3. When Democrats consistently out-raise and out-spend them
they will suddenly get on the campaign finance reform bandwagon
Wellstone ruled
(34,661 posts)4. Doubt it,
Sheldon is gone but his friends on the Casino Business Board,the likes of Carl Icahn,Phil Giffith,(Trumps Partner in three Casinos)Friteta Brothers,(Red Rock Casinos)Elon Musk,and others Run our state. via the Gaming Commission and the Las Vegas Convention and Visitor Bureau. Millions of dollars move from these folks toward GOP PACs around the USA.
TygrBright
(20,763 posts)5. Rebekah Mercer will fill the gap nicely. n/t
DrToast
(6,414 posts)6. She doesn't have Adelsons kind of money
Adelson was worth $40 billion.
SoonerPride
(12,286 posts)7. Putting all your eggs in one basketcase
I crack myself up.
DrToast
(6,414 posts)8. Lol...Good one!
UTUSN
(70,720 posts)9. "no...take his place" - *excellent*! Meanwhile, dance dance DANCE!