Adelsons and Sands Corp. create $4 million Las Vegas relief fund

Gift to honor concert massacre dead will be used to aid victims and their families and for crisis and disaster response

American Jewish billionaire Sheldon Adelson seen with Prime Minister Benjamin Netanyahu at a ceremony at Ariel University in the West Bank on June 28, 2017. (Ben Dori/Flash90)
American Jewish billionaire Sheldon Adelson seen with Prime Minister Benjamin Netanyahu at a ceremony at Ariel University in the West Bank on June 28, 2017. (Ben Dori/Flash90)

Billionaire casino magnate and philanthropist Sheldon Adelson and his wife Miriam and Adelson’s Las Vegas Sands Corporation have established a $4 million relief fund in memory of the victims of the mass shooting on the Las Vegas Strip.

Half the money will come from the Sands Cares corporate giving program and the other half from the Adelson Family Foundation. The money will be contributed to organizations providing aid to victims and their families, and to support crisis and disaster response, the Adelson-owned daily Las Vegas Review Journal reported. The fund was announced on Thursday.

“No amount of financial resources will erase this terrible tragedy or bring back those who lost their lives because of it. To honor the memories of those lost, we must help rebuild the lives of people impacted and provide much-needed support to the organizations helping in that effort,” said a statement from the Adelsons.

“Las Vegas is our home and on behalf of every single Las Vegas Sands team member and the Adelson family, we pledge to do everything we can to bring our community together, provide support for the victims and their families, and ensure Las Vegas remains the strong and vibrant city it has always been,” the statement also said.

Mourners light candles during a vigil at the corner of Sahara Avenue and Las Vegas Boulevard for the victims of the previous night’s mass shooting during a concert, October 2, 2017, Las Vegas, Nevada. (Drew Angerer/Getty Images/AFP)

The shooting attack on a country music festival on October 1 from a hotel room at Mandalay Bay hotel on the Strip left 59 people dead and more than 500 wounded. The gunman killed himself as police closed in on the hotel room from where he shot at the crowd.

Days after the attack, the Adelsons met with US President Donald Trump at the White House where they reportedly discussed how to help the victims of the shooting.

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