Adelson ranked the 27th richest person in world

Las Vegas Sands CEO and Chairman Sheldon Adelson, shown in this April 26, 2012, file photo, is backing a Republican group trying to persuade Jewish voters in battleground states to support presidential candidate Mitt Romney.

Las Vegas Sands Corp. Chairman and CEO Sheldon Adelson is ranked at No. 27 in a new list of the world's richest people.

Bloomberg Markets Magazine today unveiled the list, which found Carlos Slim of Mexico to be the world's richest person with a fortune of $77.5 billion. His source of wealth is his America Movil company in the telecommunications industry.

Ranked No. 2 is Bill Gates of Microsoft fame with a $64.4 billion fortune.

Adelson is estimated to have a net worth of $21.3 billion, up 6.9 percent or $1.4 billion on a year-over-year basis as of Oct. 5, Bloomberg Markets reported.

With his hefty fortune driven by his booming hotel-casino business, Adelson is the first person to spend $70 million on a presidential election and has said he may end up spending as much as $100 million to help ensure President Barack Obama won't be re-elected, Politico reported in September.

Also on the Bloomberg Markets list is investor Carl Icahn at No. 46 and worth $15.8 billion. Icahn controls Las Vegas-based casino operator Tropicana Entertainment Inc. as well as the stalled Fontainebleau Las Vegas resort project.



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  1. 100 million on an election. That is money well spent. It is keeping the postal workers and garbage workers employed. Our schools could use a little of that. Investing in our Future I know it not the high end of the GOP thinking. Pockets overflowing even Scrooge was more generous.