WASHINGTON _ Sheldon and Miriam Adelson, the largest Republican donors in 2016, plan to hold off on significantly contributing to President Donald Trump's reelection effort until well into the 2020 election cycle, sources said.
Sheldon Adelson, the billionaire casino magnate who is chairman and CEO of Las Vegas Sands Corp., wants to avoid setting public expectations early in the cycle that the president's reelection bid is fully funded by megadonors, sources close to Adelson told McClatchy.
Adelson, 85, and his wife, Miriam, have grown personally close to Trump during his first term in office, watching midterm election returns with the president and dining with him at the White House. Trump awarded Miriam Adelson the Presidential Medal of Freedom late last year.