The American who lost the most - $24 billion - was casino tycoon Sheldon Adelson, a City College of New York dropout reputed to be worth $28 billion in March.
Ha Ha [/muntz]
Freedom’s Watch, a deep-pocketed conservative group led by two former senior White House officials, made an audacious debut in late August when it began a $15 million advertising campaign designed to maintain Congressional support for President Bush’s troop increase in Iraq.
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Among the group’s founders are Sheldon G. Adelson, the chairman and chief executive of the Las Vegas Sands Corporation, who ranks sixth on the Forbes Magazine list of the world’s billionaires; Mel Sembler, a shopping center magnate based in St. Petersburg, Fla., who served as the ambassador to Italy and Australia; John M. Templeton Jr., the conservative philanthropist from Bryn Mawr, Pa.; and Anthony H. Gioia, a former ambassador to Malta who heads an investment group based in Buffalo, N.Y. All four men are long-time prolific donors who have raised money on behalf of Republican and conservative causes.