Israeli-American philanthropist Miriam Adelson is the richest Israeli of 2018 with an estimated value of $22 billion, according to a report in the Hebrew business daily The Marker on Thursday.
Adelson is not only the richest Israeli citizen but far outranks the others below her, with the next on the list, Roman Abramovich, worth “only” $13 billion.
Most of her wealth was transferred to her this year as a gift by her husband, philanthropist and businessman Sheldon Adelson, in the form of stock shares of his Las Vegas Sands Corporation.
Read more at Times of Israel.
{Matzav.com}
Why is President Trump honoring her?
Stocks?
It’s not worth anything until you SELL them! Having shares in your holdings is only hypothetical. The company can go bust. They can be delisted. Many things can happen with the blink of an eye. Only cash is an actual value. It’s the same thing with Bitcoin. Same thing with real estate. Until you sell, don’t waste my time telling me how rich you are.