According to the Wall Street Journal, chairman and chief executive of Las Vegas Sands Corp billionaire Sheldon Adelson, who fueled Newt Gingrich’s presidential bid, is now giving $10 million to the super PAC Restore Our Future, which supports presumptive GOP nominee Mitt Romney.
It is the largest single donation to Romney’s coffer to date. By law, the independent political action committee is not allowed to coordinate its work with the formal Romney campaign.
Forbes Magazine ranked Adelson among the 10 wealthiest Americans, with more than $20 billion.
Adelson and his wife gave $21 million altogether to a PAC supporting Gingrich during the primaries.