Money

Billionaire Sheldon Adelson Pledges $100+ Million to Mitt Romney's Campaign

| by Michael Allen

Newt Gingrich benefactor, billionaire and casino mogul Sheldon Adelson and his wife Miriam have contributed $10 million to Mitt Romney’s super PAC 'Restore Our Future,' so far.

Now, Forbes reports that they are willing to spend a “limitless” amount or more than $100 million to help defeat President Obama in November.

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Forbes calculates that Adelson’s $10 million donation to Romney's cause is “equivalent to $40 for an American family with a net worth of $100,000."

Forbes estimates Adelson’s worth at $24.9 billion.