Ka-Ching! Sheldon Adelson and Fellow Billionaires Boost Republican Senate

The donors help propel the party’s May cash haul ahead of the Democrats’ fundraising.
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Republicans defending their Senate majority next year got a big boost from a handful of mega-donors, who helped propel the party’s May cash haul ahead of the Democrats’ fundraising.

Billionaire investment executive Paul Singer and Arkansas businessman Warren Stephens each gave the maximum $233,800 to the National Republican Senatorial Committee, the party’s campaign arm. Close behind: Billionaire casino executive Sheldon Adelson his wife, Miriam.The Adelsons kicked in $226,800 apiece, according to filings released this week by the Federal Election Commission. Sheldon Adelson, with a net worth of $26.8 billion, is world’s 26th richest person, according to Bloomberg Billionaires Index.