Donald Trump reportedly to get big financial boost from Sheldon Adelson

The Jewish billionaire is ready to spend over $100 million to help elect Trump president, more than ever before, The New York Times reports.

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WASHINGTON (JTA) — Casino magnate Sheldon Adelson plans to spend tens of millions of dollars to help elect Donald Trump president, The New York Times reported.

On Friday, the Times quoted two Republicans as saying that Trump and Adelson met last week in New York when Adelson was in the city to attend an event of the World Values Network, a Jewish group he helps fund.

Adelson, a Jewish billionaire, Republican mega-giver and pro-Israel philanthropist, said he was ready to spend more than he had in any prior bid to elect a president, even in excess of $100 million, according to the report.

Trump late Saturday retweeted an excerpt of the Times story published by Breitbart News, a right-wing outlet that has favored the real estate magnate and reality TV star’s bid.

Spending by Adelson and his wife, Miriam, in the 2012 elections has been estimated at between $98 million and $150 million, but that includes money spent on congressional races. Adelson plans to focus almost exclusively on the presidential race in this election cycle, the report said.

Last week, Adelson declared his support for Trump in a Washington Post op-ed but did not say whether that would mean a cash infusion.

Trump, who has riven the Republican Party and alienated many donors, until now has been self-funded. But as he heads into a general election against likely Democratic nominee Hillary Clinton, Trump has said he will seek outside funding.

Jewish Republicans have been particularly unsettled by his equivocating on what once were sine qua nons of Republican support for Israel, including tilting toward Israel in its dealings with Palestinians, recognizing Jerusalem as Israel’s capital, and pledging to maintain and increase defense assistance for Israel.

Trump at times has said he would remain neutral on Israel and the Palestinians. He refused to recognize Jerusalem as Israel’s capital before walking back that position and has suggested Israel should pay for U.S. defense assistance.

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