Sheldon Adelson Quotes

120 Sheldon Adelson Quotes

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A billion dollars doesn’t buy what it used to.
Sheldon Adelson

[On the most important quality of entrepreneurs] The courage of your own convictions. Create a vision. Identify it and go for it.
Sheldon Adelson

Instead of trying to fit a product or service into a budget. Fit the budget into the product or service.
Sheldon Adelson

People say they only have so much money… Everyone has a limited amount of money to start a business.
Sheldon Adelson

[On what you need to be an entrepreneur] Courage of your own convictions and the willingness to take a risk. Then believe in what you think.
Sheldon Adelson

Be prepared to get back up if you fall down in the process.
Sheldon Adelson

[In 2006] Gambling only contributes 31% to our bottom line.
Sheldon Adelson

[On his Macau casino] I had been thinking about it. And it solidified in my head one night in a dream.
Sheldon Adelson

[In Asia] They see gambling as a different form of entertainment. They are not addicted gamblers.
Sheldon Adelson

[On Chinese] Luck is the issue they chase.
Sheldon Adelson



You rarely hear an Asian person toast for good health. They always toast for good luck and good fortune.
Sheldon Adelson

The concept of feng shui is based around luck.
Sheldon Adelson

[In 2006 – ‘Will you ever see the day when the Cotai Strip will be bigger than Las Vegas?’] We are experiencing it now. If not it’s neck and neck. It’s complimentary.
Sheldon Adelson

It is true the more mature a development becomes, the less risk there. But the less risk, the less reward.
Sheldon Adelson

Describing entrepreneurship you have to say that risk is reward and reward is risk.
Sheldon Adelson

[On Steve Wynn] He is an excellent person on design and public relations. I once asked him to do PR [Public Relations] for me, that’s how good I think he is.
Sheldon Adelson

The only purpose of making a good property is to sell it and make money out of it.
Sheldon Adelson

Business is a commercial enterprise. And the report card for a commercial enterprise is making money.
Sheldon Adelson

I am not obsessed by the stock price.
Sheldon Adelson

[In 2006] If I was a young man today, I’d be in China, in Shanghai creating basic industry businesses. Like materials, like chemicals. Basic appliances and consumer products like refrigerators… Creating products.
Sheldon Adelson



[On what he wants his legacy to be] That I’ve contributed to the acceleration to find cures for diseases in medical research. Helped to create cures.
Sheldon Adelson

I’ve take an entrepreneurial view to medical research.
Sheldon Adelson

I don’t want to get into something I know nothing about.
Sheldon Adelson

There are two reasons why medical cures are not found faster. One is money. The other one is collaboration.
Sheldon Adelson

My father always wanted to come to Israel but couldn’t.
Sheldon Adelson

I want to see the young people come to Israel before they get too old and too sick.
Sheldon Adelson

[On what participants have said to him about Birthright Israel] Almost without exception, it changed my life.
Sheldon Adelson

I don’t think there’s going to be a big cannibalization factor, besides all we’re going to do is grow the market.
Sheldon Adelson

There’s enormous potential in my lifetime.
Sheldon Adelson

[Not being worried about the GFC] No. Because I knew I had the money. And I was willing to put it in.
Sheldon Adelson



We knew we were willing to put the money in. So why would I flinch.
Sheldon Adelson

When you put up a new project the wisest thing to do is to get something called project financing. Meaning the project itself justifies the mortgage.
Sheldon Adelson

They got the wrong financing in the first place.
Sheldon Adelson

Putting in 40% equity was a lot better than putting in 100% equity.
Sheldon Adelson

Do you think that the Chinese cultures going to change? Chinese cultures not going to change.
Sheldon Adelson

I don’t know anybody who knows people that don’t play Mahjong for money.
Sheldon Adelson

The world has to go on. Life goes on.
Sheldon Adelson

[On the Cotai Strip] It was a vision… it was only a bay.
Sheldon Adelson

You have to be a visionary to see the opportunity.
Sheldon Adelson

You have to be willing to take risks.
Sheldon Adelson



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