Warren Buffett Takes on Sheldon Adelson in Billionaire Feud Over Vegas Lights
https://www.bloomberg.com/amp/news/articles/2018-10-29/buffett-vs-adelson-as-billionaires-battle-over-las-vegas-lights
In a battle of billionaires, Sheldon Adelson and Warren Buffett are squaring off over who controls the power that keeps the bright lights blazing in Las Vegas and across Nevada.
Adelson, the Republican mega-donor and founder of the Las Vegas Sands Corp., is backing an initiative on the Nov. 6 ballot that lets customers choose their own power provider by 2023. At risk is NV Energy Inc., a utility owned by Buffett’s Berkshire Hathaway Inc. that now holds a virtual monopoly in the state. The total cost of the fight so far: Almost $100 million