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5 days ago · Chairman and CEO, Fertitta Entertainment. $9.2B. Real Time Net Worth. as of 6/24/24. #265 in the world today. Photo by Jamel Toppin for Forbes. About Tilman Fertitta. Tilman Fertitta is the...
- Chairman And CEO
- What Is Tilman Fertitta's Net Worth?
- Early Life and Education
- Career Beginnings
- Landry's, Inc.
- Sports Team Ownership
- Billion Dollar Buyer
- Board Positions
- Philanthropy
- Personal Life
Tilman Fertitta is an American billionaire businessman and television personality who has a net worth of $9 billion. Tilman Fertitta serves as the CEO, chairman, and owner of Landry's, Inc., and is the owner of the NBA team the Houston Rockets. On television, Fertitta starred in the CNBC reality series "Billion Dollar Buyer. Tilman's third cousins ...
Tilman Fertitta was born in 1957 in Galveston, Texas. His father, Vic, owned a seafood restaurant on Galveston Island. For his higher education, Fertitta attended Texas Tech University and the University of Houston. He studied business administration and hospitality management, but never graduated.
Fertitta began his business career hawking Shaklee vitamins. In the 1980s, he founded and ran a construction and development company, through which he developed the Key Largo Hotel in Galveston.
In 1980, Fertitta was a partner in the first Landry's restaurant, Landry's Seafood, which opened in Katy, Texas. The next year, he helped open Willie G's Seafood & Steaks in Houston. In late 1986, Fertitta acquired controlling interests in both restaurants, and became the CEO of Landry's. He took the company public in 1993 and began significant exp...
In 1999, Fertitta was one of the original investors in creating the NFL team the Houston Texans. He remained a partner of Texans owner Bob McNairuntil selling his interest in 2008. Later, in 2017, Fertitta acquired the NBA team the Houston Rockets for an NBA record of $2.2 billion. Through the purchase, he also became the owner of the professional ...
Fertitta was the star of his own reality television series, "Billion Dollar Buyer," which premiered in 2016 on CNBC. Each episode of the show focused on Fertitta as he traveled the United States sampling new hospitality products he could potentially use for his Landry's properties. Meeting with owners of small businesses, he would determine if thei...
Fertitta sits on a number of boards in the Houston area. He serves as chairman of the board of the Houston Children's Charity, and sits on the board of regents of the University of Houston System. Fertitta is also a board member of the Texas Heart Institute, the Greater Houston Partnership, and the Museum of Fine Arts, Houston.
Fertitta's philanthropy has largely been focused on the University of Houston. In 2016, he donated $20 million to the school to rebuild Hofheinz Pavilion, a multipurpose arena that was renamed the Fertitta Center. Later, in 2022, he donated $50 million to the university's medical school, which was subsequently renamed the Tilman J. Fertitta Family ...
In 1991, Fertitta married Paige Farwell, with whom he had four children before getting divorced. He later wed attorney Lauren Ware. Fertitta published a book, "Shut Up and Listen! Hard Business Truths That Will Help You Succeed," in 2019. The book relays his business journey and offers advice to entrepreneurs.
- Celebrity Net Worth
May 10, 2024 · According to Forbes, Fertitta’s net worth increased to $9.4 billion, which represents 16% year-over-year growth. In all, that earned him the No. 18 spot on the list of richest sports owners...
As of June 2023, his net worth was estimated at $8.4 billion. He was placed at No. 260 on the Forbes Billionaires List. Forbes calls him the "World's Richest Restaurateur". Fertitta became the star of Billion Dollar Buyer on CNBC. On September 5, 2017, Fertitta reached an agreement to buy the Houston Rockets for $2.2 billion.
6 days ago · He received 13.2 million shares in DraftKings Inc. after its purchase of Golden Nugget's online gaming business in May 2022, which he continued to own as of May 2024, according to a person...
Apr 12, 2023 · His fortune is $2.7 billion higher than his 2022 net worth of $7.5 billion, when he ranked No. 316 on the list.
Feb 23, 2023 · Net worth: $9.34 billion. Being a billionaire certainly has its perks. Not only does Tilman Fertitta own a yacht worth an estimated $40 million, but he also owns two private jets. Born: 1957....
