as the Lead Director. On December 19, 2019, Delta Air Lines announced it took a stake in Wheels Up to become its largest investor and merged it with its Delta Private Jets subsidiary. On January 5, 2021, Wheels Up announced its acquisition of Mountain Aviation, the 10th largest private jet charter operator in the U.S., bringing its total fleet to 350 aircraft. On February 1, 2021, Wheels Up announced a SPAC-based IPO valued at $2.1 Billion. The deal brings Wheels Up together with SPAC Aspirational Consumer Lifestyle Corp. that counts funds associated with luxury conglomerate LVMH and its boss, Bernard Arnault. It began trading in July 2021 (). Adelman is also a co-founder of cred.ai, a FinTech company launched in August 2020, that uses AI to establish and improve consumers' credit. Backed by John Legend, Ben Simmons, Tim Armstrong and Michael Rubin, cred.ai has been called the "Tesla of Banking". In October 2020 Adelman co-led an investment into VIDE Beverages, a ready-to-drink vodka soda brand, with model, actress and entrepreneur Olivia Culpo. On February 18, 2021, Adelman acquired a full ownership stake in American Harvest Vodka and Beach Whiskey as part of a newly formed Darco Spirits Company, under his Darco Capital umbrella. In July 2022, it was announced that Adelman would chair 76 Devcorp, a new development company responsible for developing 76 Place at Market East, the proposed new stadium for the Philadelphia 76ers located in Center City, Philadelphia. Philadelphia 76ers and New Jersey Devils ownership On October 23, 2022, Adelman acquired the majority of Michael Rubin's 10% ownership stake of the Philadelphia 76ers and New Jersey Devils. As part of the transaction, Adelman became a partner in Harris Blitzer Sports and Entertainment (HBSE), which also owns the NBA G League's Delaware Blue Coats, the AHL's Binghamton Devils and esports team Dignitas. HBSE also owns the rights to operate the Prudential Center in Newark, New Jersey. Personal life Adelman is an active member of the Jewish community. He is the co-founder of Jewish Federation Real Estate, Co-chair of Jewish Federation of Greater Philadelphia, Chair of the Philadelphia Holocaust Remembrance Foundation and sits on the board of the USC Shoah Foundation. Adelman spoke with Eagles wide receiver, DeSean Jackson after Jackson posted an anti-Semitic quote on Instagram that was falsely attributed to Adolf Hitler. Jackson agreed to visit the Horwitz-Wasserman Holocaust Memorial Plaza with Adelman. He is married to children's