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Lorenzo Fertitta

Lorenzo Joseph Fertitta (born January 3, 1969) is an American billionaire businessman and philanthropist. He is chairman of Fertitta Capital, director of Red Rock Resorts Inc, and former CEO of the Ultimate Fighting Championship . [2]

Early life and education

Fertitta enterprises, station casinos and red rock resorts, inc., zuffa, llc and ultimate fighting championship, fertitta capital, philanthropy, political activity, personal life, memberships, external links.

Lorenzo and his older brother Frank Fertitta III were raised in Las Vegas , Nevada , after their father, Frank Fertitta Jr. , moved there from Texas with his wife Victoria ( née Broussard) in 1960. Fertitta Jr. became a dealer at the Stardust Casino before graduating to management positions at the Tropicana , Sahara and Circus Circus casinos. [3]

In 1976, after observing that no casinos effectively catered to the city's residents, Fertitta Jr. built The Casino, a 5,000-square-foot establishment on Sahara Blvd. The Casino would be renamed Bingo Palace before it eventually became Palace Station . [4]

Fertitta Jr. worked at Station Casinos , a developer and casino operator in the U.S, alongside his sons until retiring in 1993. Until his death in 2009, Fertitta Jr. remained active in other family business ventures, community service and philanthropic efforts, with Las Vegas Mayor Oscar Goodman referring to Fertitta Jr. as "one of the most successful business persons in the history of Las Vegas." [5]

Fertitta graduated from Bishop Gorman High School , a private Catholic prep school in Las Vegas, Nevada, in 1987. He earned a Bachelor of Business Administration from the University of San Diego in 1991 where he was a member of Sigma Pi fraternity. [6] He earned an MBA from the Stern School of Business at New York University in 1993. [7] [8] [9]

Since 1991, Fertitta occupied various executive positions within Fertitta Enterprises, a family investment office and entertainment company. He served as vice president from 1991 to 1993, before becoming president and CEO from June 1993 to July 2000. In these roles, Fertitta managed an investment portfolio consisting of marketable securities and real property. [10]

Throughout their time in high school and college, Lorenzo and Frank III worked for their father, Frank Fertitta Jr., at Station Casinos. After Fertitta Jr. retired in 1993, Lorenzo and Frank III led Station Casinos to its first IPO that same year, raising $294 million and becoming principal shareholders and co-founders of Station Casinos Inc. in the process. [11] Station Casinos was then taken private in 2007 in a management-led leveraged buyout. [12]

On February 2, 2009, Station Casinos declared plans to file for bankruptcy . The filing came in response to a lawsuit that challenged the gaming company's debt swap and prepackaged bankruptcy proposal. Station Casinos filed for Chapter 11 bankruptcy on July 28, 2009 and, with a subsequent reinvestment of $240 million, emerged from this process in June 2011 with a new ownership structure that allowed the Fertittas to retain full control. [13] [14]

On October 13, 2015, Red Rock Resorts, Inc. filed an S-1 registration statement with the SEC to take Station Casinos public again through an initial public offering (IPO), creating a holding company for the organization, known as Red Rock Resorts, Inc., which owns a portion of the Station Casinos entity. [15] [16] [17] On April 26, 2016, Red Rock Resorts, Inc. raised $531.4 million in an IPO that priced 27.25 million shares under the ticker symbol "RRR". Deutsche Bank Securities, J.P Morgan, BofA Merrill Lynch and Goldman Sachs & Co were among the underwriters for the offering. [18] The Fertitta family continues to own a stake in Red Rock Resorts Inc. [19] In January 2017, Fertitta was named Vice Chairman. [15]

Fertitta as owner of the Palms Casino nightclub KAOS lost an $8 million lawsuit in 2022 brought by DJ Kaskade for nonpayment of his two-year performance contract. [20]

In 2001, Lorenzo, along with his brother Frank III, established Zuffa, LLC to acquire the assets of Ultimate Fighting Championship (UFC), a mixed martial arts promotion and live event provider, from Semaphore Entertainment Group for $2 million. Lorenzo Fertitta assumed positions as chairman and CEO of UFC, while appointing childhood friend Dana White as President of the organization. [21] Zuffa, LLC operated the UFC until its sale in August 2016.

As Chairman and CEO of UFC, Fertitta worked with the athletic commissions of New Jersey, Nevada, California and Mohegan Sun to establish a unified rule set for MMA competitions. The sport operates in all 50 U.S. states and is broadcast to more than 150 countries. [ citation needed ] Approximately 135 UFC-branded gyms operate in North America and Australia. [22]

In January 2005, UFC entered a deal to broadcast televised content on Viacom Inc.'s Spike cable channel, an agreement that ran until the end of 2011. On August 18, 2011, UFC and Fox Broadcasting Company announced a seven-year, $813 million television rights deal that spanned Fox's flagship channel, its cable channel FX, and other stations including Fuel TV and Fox Deportes. [23] [24] [25]

As CEO of UFC, Fertitta worked with Governor of New York Andrew Cuomo to regulate MMA in the state, an initiative projected to yield more than $32 million in economic activity for New York's economy each year. [26] Governor Cuomo signed legislation authorizing competitive mixed martial arts in New York State on April 14, 2016, with UFC hosting its first show at Madison Square Garden , UFC 205, later that year. The event set a record for live gate receipts at the venue, drawing $17.7 million. [27] [28]

In July 2016, Zuffa , LLC and the brothers announced the sale of their shares in UFC for an estimated $4 billion to WME-IMG , a sports and entertainment talent representation firm led by Ari Emanuel and Patrick Whitesell . Private equity firms Silver Lake Partners and Kohlberg Kravis Roberts (KKR) were also a part of the deal. Upon completion of the transaction, Lorenzo Fertitta stepped down from his role as CEO. [22] [29] [30]

On May 1, 2017, Fertitta Capital, a private investment firm, was launched with an initial seed investment of $500 million from Lorenzo and Frank Fertitta III. The firm has a permanent capital base and invests throughout a business's lifecycle and across the capital structure in consumer-facing companies in the technology, media and entertainment sectors. Nakisa Bidarian, former CFO of UFC, will lead Fertitta Capital as CEO and co-founder and be responsible for the deployment of the Firm's capital. [31]

Fertitta's philanthropic efforts include supporting his high school alma mater, Bishop Gorman, as well as the University of Nevada, Las Vegas (UNLV). In September 2016, the Fertitta family made a $10 million donation to UNLV to fund a 73,000-square-foot football facility that will be named The Fertitta Football Complex. [32]

Fertitta is a supporter of veterans and active duty students, having made contributions to the Lone Survivor Foundation , the Fisher House and the Intrepid Fallen Heroes Fund , which provide support for the families of military personnel lost or severely wounded in service to the United States. [33] [34] [35]

On November 11, 2016, Lorenzo and Frank III established the Fertitta Veterans Program at New York University Stern , a full-time MBA program designed to support U.S. military veterans' transition to business school. As part of the program, 20 full-time MBA military students receive scholarship support and participate in a six-week, six-credit summer term that facilitates their transition to the academic and professional communities. [36]

In addition, Fertitta supports local Las Vegas charities including the Nathan Adelson Hospice, Catholic Charities of Southern Nevada, the Lou Ruvo Center for Brain Health and Three Square, a charity focused on providing wholesome food to those in need. [37] [38]

He is third-cousin to fellow entrepreneur Tilman Fertitta . [1] Lorenzo and his wife are major donors to the Republican Party and Republican candidates, having given more than $9,700,000 from 2009 to 2020, [39] [40] making him, along with his brother, one of the largest contributors in Nevada. [41]

Together with his spouse, Fertitta contributed $721,200 to Donald Trump 's 2020 presidential campaign . [42]

Fertitta resides in Las Vegas, Nevada, with his wife Teresa and three children.

Fertitta owns the 87 meter yacht Lonian and the associated 66 meter support vessel Hodor. [43] [44] [45] [46]

Former Chairman of the Nevada Resort Association [47]
Former Member of the Nevada State Athletic Commission (November 1996 to July 2000)
Former Board Member with the American Gaming Association
Former Advisory Board Member of Nevada First Bank [48]
Former President and chief executive officer of Gordon Biersch Brewing Company [49]
Director of Station Casinos LLC
Director of Station Holdco LLC
Vice Chairman of Red Rock Resorts , Inc. [2]

Lorenzo Fertitta Yacht: Lonian

August 15, 2022, introduction.

Lorenzo Fertitta is an American billionaire. Furthermore, he is the chairman of Fertitta Capital, the director of Red Rock Resorts Inc., and was the CEO of the UFC. His cousin is fellow billionaire Tilman Fertitta. You can read about Tilman’s own yacht here . Furthermore, Lorenzo has made many philanthropic donations during his career. Some of which are to the Lone Survivor Foundation, the Fisher House, and the Intrepid Fallen Heroes Fund . Check out the Lorenzo Fertitta yacht below.

The yacht has seven bedrooms and over seven bathrooms, with over 280 feet of space inside. Within the seven cabins on board, there is a beautiful master suite, as well as two luxurious VIP suites. Furthermore, there is also a very large pool, a jacuzzi, and enough room for a helicopter landing. This superyacht took about three years to complete. The yacht also has a smaller, 216-foot companion boat called Hodor. Hodor is used mostly to store water toys and vehicles such as ATVs and motorcycles. Moreover, is there anything this yacht does not offer? Lastly, would you like to live in this yacht? Please leave your thoughts below.

Specifications: Lorenzo Fertitta Yacht

Bedrooms: 7

Bathrooms: 7+

Square Feet: 285 feet long

Price: $160 million

Lorenzo Fertitta Yacht Net Worth: $2 billion

Photos: Lorenzo Fertitta Yacht

In conclusion, I hope you enjoyed reading about Lorenzo Fertitta's yacht. Furthermore, please leave your thoughts and comments below. Finally, read some other articles like this one on our frontpage .

Lastly, which other celebrity yachts would you like to see on our site? Please leave the names of other celebrities that you would like to see on here. Check us out on Instagram too and like and follow. Leave your thoughts on our Facebook wall, or on Instagram in the comments of our posts.

Boat of the Week: Meet ‘Boardwalk,’ Houston Rockets Owner Tilman Fertitta’s Showstopping 252-Foot Superyacht

This vessel has a long, instantly recognizable profile. but it's the myriad interior details—and the interplay of light and crystal—that define her., michael verdon, michael verdon's most recent stories.

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Boardwalk is billionaire Tilman Fertitta's latest superyacht from Feadship

At the end of February, Houston billionaire Tilman Fertitta and his family held an annual Mardi Gras celebration, which they call the San Luis Salute. The event, which included local officials and celebrities, was headlined by the band Maroon 5. But the most visible VIP guest at the gala was Fertitta’s majestic new superyacht, Boardwalk.

The 252-foot Feadship is indeed a showstopper. It was the largest vessel at the Fort Lauderdale International Boat Show, and hundreds of people walking the docks took selfies against Boardwalk ’s towering stern, with a H130 helicopter perched on the top deck. Fertitta and his family enjoyed the show from the comfort of the yacht—from the main-deck’s rear cockpit lounge to be precise.

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How Clever Deals Made Houston Rockets Owner Tilman Fertitta Billions Richer During The Pandemic

When covid lockdowns hit, tilman fertitta’s restaurants and casinos took a serious hit, and he had to lay off 40,000 workers. but now, the golden nugget casino owner is richer than ever thanks to seismic market shifts and his own ambitious spac strategy. .

e are expecting you—may I take your shoes?” says the uniformed crew member stationed at the bottom of the stairs leading up to the main deck of Tilman Fertitta’s new 252-foot yacht, Boardwalk. The shoe policy is understandable. Fertitta lavished $150 million and nearly five years on this vessel, spending days with Dutch shipbuilder Feadship imposing his obsessive vision for six decks of plush carpets, marble surfaces, chromed fixtures and automatic sliding doors. There are cabins to sleep 22 crew and 14 guests, who often arrive via a de rigueur helipad. Fertitta’s favorite spot is the top deck, 74 feet above the sea and overlooking the hot tub. His fifth yacht, Boardwalk dwarfs the other ships docked at the Atlantis resort at Paradise Island, Bahamas. He still owns No. 4 , a 164-footer anchored in his hometown of Galveston, Texas. Asked if he ever rents out his yachts to defray costs, he summarily dismisses the question. “If you need to charter, you shouldn’t own it.”

You can describe the 64-year-old yacht, restaurant, casino and hotel owner in many ways: as a showman, risk taker, college dropout, detail guy, NBA owner (the Houston Rockets), reality show star (three seasons of Billion Dollar Buyer on CNBC) and the fellow who bought Donald Trump’s casino in Atlantic City out of bankruptcy in 2011 and made a success of it. But the one identity that has arguably made the biggest impact on his wealth is that of a sharp financial engineer with a history of cutting the public into and out of his ventures and taking on and offloading debt at opportune moments.

“We always get bigger and stronger during tough times,” Fertitta says. In the 2001 downturn, he gobbled up troubled restaurant chains at a discount. In 2010, in the wake of the Great Recession, he took Landry’s Inc. private, buying the 45% he didn’t own for $1.4 billion in cash after it had spent 17 years as a public company.

Fertitta expects to spend a month out of the year on the 252-foot “Boardwalk,” his fifth yacht, docked here at Paradise Island, Bahamas.

This time around, Fertitta could have ended up going broke under $4.6 billion in debt accumulated to build his empire. Instead, he’s getting richer by making use of the era’s hottest financial trend: the special purpose acquisition company, or SPAC. Thanks to creative SPAC financing and what appears to be some serious self-dealing, Fertitta has already increased his net worth, Forbes estimates, from $4.1 billion a year ago to $6.3 billion today. In December, Fertitta hopes to close on his fifth SPAC deal, the biggest transaction of his career, in which he will offload most of Landry’s holdings, including five Golden Nugget casinos and more than 500 restaurants (and billions in debt), to the rechristened Fertitta Entertainment. If all goes as planned, he’ll end up with a 74% stake, worth some $4 billion, in the new public company and a personal net worth topping $8 billion. (Landry’s restaurant brands include Bubba Gump, McCormick & Schmick’s, the Palm and the Rainforest Cafe.)

SPACs, of course, are publicly traded shell companies that raise money to facilitate a future merger with an unnamed private company that might not have the heft or the patience to do a traditional initial public offering, with all the federal scrutiny that entails. SPACs have boomed the last two years thanks in no small part to all the cheap money the Federal Reserve has pumped into the economy. From just 59 deals raising $14 billion in 2019, SPAC offerings surged to 248 raising $83 billion in 2020 and 443 raising $127 billion in the first nine months of 2021, according to SPAC Analytics.

Others have done more SPAC deals than Fertitta. Billionaire venture capitalist (and bitcoin enthusiast) Chamath Palihapitiya has launched six SPACs, using them to take public the likes of Opendoor, Virgin Galactic and Clover Health. And others have gotten richer (at least momentarily). United Wholesale Mortgage CEO Mat Ishbia is now worth around $8 billion (down from almost $13 billion since January) after his family-owned company went public through a merger with a SPAC sponsored by billionaire investor Alec Gores, who has done eight such deals.

There’s a lot to question about the SPAC boom, including seemingly guaranteed profits for sponsors and hedge funds. If Gores and Palihapitiya are the most active, Fertitta may be the most aggressive, resorting to brazen maneuvering of which few large investment firms would approve.

In one notable case, he stood on both sides of a crucial deal for Golden Nugget Online Gaming. In 2019, before the pandemic, Fertitta and his longtime bankers, Jefferies Financial Group, raised $250 million for a SPAC (Landcadia Holdings II) with the stated aim of acquiring an entertainment company. Fertitta got a 10% promoter’s stake, plus the titles of co-chairman and CEO.

In March 2020, when Covid-19 lockdowns began, Fertitta shuttered nearly all his operations and laid off 40,000 workers. He received $160 million in forgivable federal paycheck protection program loans—but gave it all back to Uncle Sam after public outrage over big operators getting cash intended to help small businesses.

“If anybody wants to question that deal, it’s the greatest in the world. I already sold it once. Now I’m selling it again.”

Instead, that April, he drew an emergency $300 million loan at a rate of nearly 13% against his Golden Nugget Online Gaming division (GNOG), which had become a pandemic bright spot, with people stuck at home gambling their federal stimulus money. The loan was liquidity insurance, he says: “I didn’t spend any of it.”

Two months later, in June 2020, Landcadia II announced it had found its acquisition target—none other than Fertitta’s own online gaming division, the one with that pricey loan. When his SPAC closed on the purchase of GNOG in December 2020 for $745 million (six times revenues), Fertitta ended up with 49% of GNOG’s shares and a $30 million cash payment. He was also rid of the obligation to pay back that emergency debt—and able to keep the borrowed $300 million.

“These sorts of maneuvers ensure that sponsors win regardless of the performance of the merged company,” scolded four Democratic U.S. Senators, including Massachusetts’ Elizabeth Warren, in letters they wrote to Fertitta and five other SPAC kings in September 2021, asking them to account for seeming conflicts of interest and urging the SEC to take a closer look. Michael Ohlrogge, a law and corporate governance professor at New York University, says there have been only about a dozen cases in the last few years in which SPAC sponsors bought affiliated companies, and for good reason: “Whenever the buyer and the seller are the same party, you have to wonder if the price is going to be fair.”

Not that GNOG investors are complaining. This past August, Fertitta reached a deal to sell GNOG to DraftKings (itself born of a SPAC) for $1.5 billion in stock. “If anybody wants to question that deal, it’s the greatest in the world,” he crows. “I already sold it once. Now I’m selling it again.”

“Whatever you do, don’t say I got my start peeling shrimp,’’ Fertitta implores during a marathon eight-hour-plus interview that includes dinner at Nassau’s famed Graycliff restaurant, where the bill for four runs to $1,500. It ends after 2 a.m. with Fertitta, his 27-year-old son, Patrick, and a Forbes reporter lounging on a platform that folds out from the hull of Boardwalk, watching spotted manta rays swimming below.

THE SPAC ROLLER COASTER

Special purpose acquisition companies now account for more than half of all cash raised in u.s. initial public offerings. in 2016, when tilman fertitta launched his first spac, landcadia holdings i, such deals made up just 14% of the ipo market. it was a flop. his second, landcadia holdings ii, is faring far better, despite criticism that he used it to buy his own online gambling division. .

But Fertitta’s restaurant and entertainment roots are as much a part of his colorful backstory as his financial acrobatics. His grandfather Vic Fertitta and great-uncles Salvatore and Rosario Maceo ran the Balinese Room in Galveston, a nightclub that featured entertainers like Frank Sinatra and Bob Hope. (The Maceos, immigrants from Italy, allegedly ran gambling and bootlegging in Galveston.) His father, also named Vic, owned the Galveston seafood joint Pier 23—where, yes, young Tilman indeed shucked shrimp and by age 14 was managing the restaurant, learning the business hands-on.

He tried not to be in restaurants. In the late 1970s, after dropping out of the University of Houston, Fertitta launched a women’s clothing shop, stores that sold vitamins, an arcade game distributor and a construction company. In 1985, at 28, he opened the 160-room Key Largo Hotel in Galveston. He showed up at his high school reunion in a limo (“I owned it”). Soon he sold the Key Largo for $600,000 to his cousin Frank Fertitta (who, with brother Lorenzo, later became billionaires from casinos and mixed martial-arts promoter UFC, which they sold in 2016).

Tilman used that cash to help him buy Houston eateries Landry’s Seafood Inn & Oyster Bar and Willie G’s from the Landry brothers and expanded to Galveston, Corpus Christi and San Antonio. He got overleveraged with $10 million in debt, but “outlasted the banks” after the 1987 downturn and paid off his loans for $2 million. In the late 1980s, he started buying up restaurants on the marina boardwalk in Kemah, on Galveston Bay. In time he erected a Ferris wheel and turned 40 waterfront acres into his first “eatertainment” district, with Joe’s Crab Shack, Saltgrass Steak House and more.

By 1993 Fertitta was generating $2.7 million in profits on $34 million in revenue and raised $24 million in Landry’s first IPO. To save pennies he cut the size of french-fry orders and put out fewer lemon wedges. “Among Tilman’s superpowers are that he understands the numbers behind the numbers, what they pay for beef and beverage,” says Richard Handler, CEO of Jefferies Financial Group.

In 2000, Fertitta offered $125 million for the jungle-themed Rainforest Cafe chain. Rebuffed, he snapped it up later that year for just $75 million when the economy hit a rough patch. In a 2010 book, Rainforest founder Steve Schussler described Fertitta as a “brash, arrogant, bargain-basement, bottom-feeding acquisition nemesis.” Schussler was miffed when Fertitta decided to save $100,000 per location per year by getting rid of live bird displays. Reached at his restaurant laboratory in Golden Valley, Minnesota, Schussler recants his previous description, saying he now believes a Fertitta-style numbers obsession might have enabled Rainforest to survive independently. “If it meant the Audubon Society came in and bought margaritas, he’d have twice as many birds,’’ he says of Fertitta. (The two have since collaborated to create the T-Rex Cafe near Orlando, Florida, which features animatronic dinosaurs.)

In 2011, Tilman Fertitta bought the run-down Trump Marina casino in Atlantic City for $38 million, renamed it the Golden Nugget and put $150 million into renovations. Gaming revenue is up 50% from a year ago.

In 2005, Fertitta bought the two Golden Nugget casinos, in Las Vegas and Laughlin, Nevada, for $295 million. He swapped out old restaurants for his hottest chains, then added three more casinos in Biloxi, Mississippi, Lake Charles, Louisiana, and Atlantic City, where he picked up the run-down Trump Marina casino resort for $38 million.

Billionaire Steve Wynn, who made his first fortune expanding the original Vegas Golden Nugget casino in the 1970s, says that while he had always tried to “steal the top end” (i.e., the highest-rolling Asian baccarat players), his friend “Tilly” makes sure he has something to appeal to gamblers at every level. To Fertitta, it’s all about numbers. “What’s more valuable to a casino, one $1 million player or ten $100,000 players?” asks Gerry Del Prete, who runs Golden Nugget’s gaming operations. The answer, he explains, is the ten relative minnows, because you can make as much money off them, with less volatility, while providing fewer expensive perks.

Still, Fertitta does like doing business with other rich folks. His Post Oak Hotel and Spa in Houston, opened in 2018, features a Rolls-Royce, Bentley and Bugatti dealership, which he owns, in the lobby. Celebrities and athletes pay $600 and up per night to see and be seen at its pools and Mastro’s Steakhouse. His son Patrick pulls up on his phone the new song “N 2 Deep” by Drake, which features lyrics about a woman he calls “a little Post Oak baby.” In September Drake tweeted a clip of himself shooting hoops at the Post Oak’s penthouse court.

Fertitta says he has spent $400 million on the hotel and adjacent office building. In August he invited Forbes to his headquarters to argue for boosting our estimate of his net worth. For his biggest trophy, Fertitta in 2017 finally bought the NBA’s Rockets (he first acquired a 3% stake in 1983) for a then-record $2.2 billion, raising funds by borrowing against Landry’s.

With Landry’s leveraged to the hilt, the pandemic hit. “For four weeks you were just scared to death,” Fertitta recalls. “You can’t save the world, so you’ve got to make tough decisions”—like laying off 40,000 workers. (He says he has since refilled all but 3,000 positions.) “I caught so much shit for it because I was the first one who did it,” he says. Not that he second-guesses himself. “You’ve got to remember, it’s all my money. At other companies CEOs are not so quick, because it’s not theirs.”

With his operations all but shut down, Fertitta was surprised to see a bright spot emerge in his eight-year-old Golden Nugget Online Gaming division. With revenue of $1.7 billion in the first half of 2021, America’s online gambling industry has already surpassed its record 2020, boosting the value of Fertitta’s stake in GNOG to $600 million. But Fertitta will be just as happy to let DraftKings run that business day-to-day. DraftKings generated $600 million in revenue in the first six months of the year but spent so much building market share that it posted a $650 million net loss. “It’s against everything that I do. Everything, to me, has to make money,” Fertitta says. “Let them run the company; let them fund the losses.”

There have been only about a dozen cases the last few years where SPAC sponsors bought affiliated companies—and for good reason: “Whenever the buyer and the seller are the same party, you have to wonder if the price is going to be fair.”

It gets better. Before the pandemic, Fertitta had been working on a preliminary prospectus to take Landry’s public. Instead, a deal came to him via Fast Acquisition, a SPAC launched in 2020 by marketing guru Doug Jacob (who sold his agency Jwalk to Shiseido Americas in 2017) and Sandy Beall, founder of the Ruby Tuesday chain. They agreed to sweeten the pot for Fertitta and reduce their promoter’s shares by 40%, Jacob says, in order “to do a once-in-a-lifetime deal with one of the best operators of all time.” In February they announced a $6.6 billion deal to merge most of Fertitta’s restaurants, the five casinos and his stake in GNOG/DraftKings into Fast, creating a new public company to be called Fertitta Entertainment. In June, Fertitta announced that he would expand the deal, adding assets like the Kemah boardwalk district, Galveston Pleasure Pier, Denver Aquarium and more restaurants. This boosted the headline number to $8.6 billion. Piling in more assets also helps soften the balance-sheet impact of the billions in debt he’ll push over to the new company, reducing leverage from 5.2 times Ebitda to a still-hefty 4.3. He’ll have a 74% equity stake and the CEO job.

Fertitta will hold on to select restaurants, hotels including the Post Oak and, of course, the Rockets ( Forbes values the team at $2.5 billion). But the new public company will be his growth platform; he wants a property on the Las Vegas Strip.

What could go wrong? Well, resurgent Covid-19 could hit travel and restaurants. A stock market slump could sour investors. And his overall leverage still runs high, especially for a hodgepodge of restaurants and casinos. Moreover, shares in the average SPAC have lost money after a year, and some are ending up in litigation. That’s the fate of Waitr, the Louisiana-based food delivery service that Fertitta and Jefferies acquired in 2018 via their first SPAC, Landcadia I, which raised $250 million. Waitr shares have lost 90% of their value, and class-action plaintiffs accuse him of making false statements pertaining to Waitr’s “huge potential” in taking on the likes of DoorDash and Grubhub, and their “highly complementary” nature with his other businesses. His attorneys have filed a motion to dismiss the case as lacking any actual claims of fraud and say the talk was merely “corporate optimism and puffery.” A decision on the motion is pending.

But for now, life is good. Fertitta intends to spend 30 nights a year on Boardwalk. This summer he had his ex-wife, Paige, and their four kids there for a week. Their 2017 split was amicable. He has been married for two years to Lauren Ware, formerly a litigation counsel for Landry’s.

Fertitta acknowledges it’s a complicated time to be so flashy. “The world has changed. People hate billionaires,’’ he laments, especially those who have become so much richer during the pandemic. “Go look at social media—I never posted one thing about the new boat. As public as I am, I’m also very private,” he says. You’ll never see selfies from his yacht on Instagram. “And remember, it was [ Forbes ] who asked me” for a tour of Boardwalk. Yes, and thank you for the hospitality. Fertitta has already started imagining his next yacht, perhaps a 361-footer by German shipbuilder Lürssen.

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These Trumpy Billionaire Bros Are in Hot Seat Over Union-Busting Claims

Frank and Lorenzo Fertitta may have to testify about allegations of union-busting at their casinos.

Noah Kirsch

Wealth and Power Reporter

Photo Illustration by The Daily Beast / Photo Getty

A labor dispute of cartoonish proportions is playing out in Las Vegas, pitting two Trump-supporting casino billionaires against one of the largest private union drives in the country.

Brothers Frank and Lorenzo Fertitta have been ordered to testify about allegations that their gaming business, Station Casinos, egregiously tried to undercut labor organizing efforts. It is just the latest chapter in a complex saga that has played out for a decade. An administrative trial involving some of the claims is underway before a National Labor Relations Board judge.

The Fertittas are best known for Ultimate Fighting Championship—the mixed martial arts promoter they sold for more than $4 billion in 2016—and for donating millions of dollars to Donald Trump and his dark-money machine , America First Action. Much of their wealth, however, lies in a gambling operation founded by their father, which is now the subject of the union-busting allegations.

“It's extraordinary that you would bring in the very, very top person in the company [to testify],” says Bill Werner, an associate professor at the University of Nevada, Las Vegas, who researches employment disputes. “What the union is saying: the Fertittas made this decision.”

The trial follows a blistering opinion issued by a federal judge in July, which ordered Station to begin negotiating a contract with roughly 1,350 culinary workers over a contested 2019 union vote at Red Rock Resort.

In the run-up to that vote, Station had announced that it would grant employees new benefits, including a pension plan, reduced health-care contributions, and a medical center, according to court documents. The union ultimately lost the right to organize by a margin of 627 to 534.

“Red Rock’s offer of benefits was a hallmark violation,” Judge Gloria Navarro wrote in her opinion. “Many employees admitted not voting for the Union because they feared losing the new health care and 401(k) benefits that Red Rock had just promised.”

A 2019 union vote at the Red Rock Resort is at the center of the legal drama.

Ethan Miller/Getty

Adam Christian, a union supporter who has been a server at one of Station’s properties for 15 years, believes that many of his co-workers were intimidated into voting no.

“They decided to throw the kitchen sink at everybody and not even give detailed information to us to be able to even make an informed vote,” he says. “I just want to be treated fairly by a company and have something in writing.” Christian claims the casino stopped letting him serve Frank Fertitta meals once he started wearing a union button on his shirt, even when the billionaire sat in his section.

A spokesperson for Station Casinos denies that the new benefits were related to the union drive, saying it made “changes before it even knew there was to be an election.” In an appeal to the July ruling, the company called the decision “not only unjust, but also unprecedented.”

The Fertittas are likely to challenge the order to testify until the last moment, Werner says. In the meantime, supervisors at their casinos are choosing sides.

Last month, dozens of managers arrived at the union’s offices wearing matching shirts and chanting, “We despise union lies.” Most were not even eligible to join the unit.

“In our nearly nine decades of organizing, the Culinary Union has never seen company managers or supervisors picket, especially on their day off when it is 99 degrees outside,” the union’s secretary-treasurer, Geoconda Argüello-Kline, said in a statement . “We hope that they stay hydrated and cool.”

Union activity at Station Casinos has bubbled for a decade, driven in part by a history of harsh workplace practices, some employees claim.

Steve Bailey, a bellman at Red Rock Casino, says that he was pressured to skip breaks when he first started at the company 14 years ago. He bristled at other policies too, including a requirement that on-call employees be available 24 hours a day if managers decided to summon them into work.

“If you did not answer that call within five minutes, it was considered a refusal,” Bailey says. Three refusals resulted in automatic termination, he said. “I was so apprehensive about missing a call that I would put my phone in a plastic bag… and I would take it in the shower with me.”

Bailey also claims that employees have faced pressure to work private events for the Fertitta family, and that managers have sometimes used surveillance tapes to nitpick job performance. There is little recourse, he says, when employees are asked to perform tasks outside of their job descriptions.

As one example, Bailey was recently asked to drive a gambler to another property, he said. He resisted, since he lacked formal training, and ultimately said no, but he worried about repercussions: “I felt like my job was in jeopardy,” he said.

A Station spokesperson says that “the Culinary Union has a fraught relationship with the truth from the top down. The very few of our employees who have complained typically have an agenda.”

The years of tumult have not impeded the Fertittas’ financial success—including the massive UFC sale five years ago.

The brothers had purchased the fight promoter for just $2 million in 2001 after growing addicted to martial arts while taking classes in the basement of one of their casinos.

“What makes UFC so great,” Lorenzo Fertitta told Forbes in 2008, “is that every single man on the planet gets it immediately. It’s just two guys beating each other up.”

Previously, gambling had been the true family trade. The Fertittas’ dad, also named Frank, founded Station Casinos in 1976, and it grew to specialize in properties off the main Vegas strip, catering to locals over crapulent tourists.

Lorenzo Fertitta, left, and his brother Frank, right, with artist Damien Hirst at the Palms Casino Resort in 2018.

David Becker/Getty

The company is technically still private, though it is partly owned by Red Rock Resorts, a publicly traded business that the Fertittas control. Red Rock’s stock is up more than sixfold since the start of the pandemic—when it suffered a precipitous drop—and it’s now worth over $5 billion, an all-time high. Each Fertitta brother is personally worth $2.7 billion, Forbes estimates.

The brothers have not been shy about that money.

In late August, Lorenzo’s 285-foot megayacht, Lonian, caused a stir when it docked off the coast of Newport Beach; some locals believed it was a naval ship. Lonian, which cost a reported $160 million, features a glass-bottomed pool and helipad. It even travels with its own special friend, a 217-foot support yacht called Hodor outfitted with a spare helipad and additional gear.

Frank is known to splash out, too. His daughter’s 2018 wedding reportedly cost $25 million, thanks to a cake that stood more than two stories tall, a blinding amount of crystal, and an entertainment lineup that included Seal, John Mayer, and Bruno Mars. According to the Review-Journal , event staff were asked to sign non-disclosure agreements.

As for the labor dispute, the ongoing trial is unlikely to end the war, since the Fertittas could easily drag out the fight for another decade or longer.

“This will all be resolved when the culinary union has a contract with each Station property,” says Werner, the University of Nevada professor, about one slice of the battle. “I predict that happens never.”

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The Woodlands

Tilman Fertitta’s 250-foot, $150 million Boardwalk

Tilman Fertitta's 252-foot, $150 million superyacht Boardwalk courses through canals after departing Feadship's Aalsmeer shipyard in The Netherlands on its way to sea trials. (Photo courtesy of Feadship)

Tilman Fertitta's Boardwalk by Feadship encountered 19 locks and bridges on its way to sea trials. (Photo courtesy of Feadship)

Momus Queen Blayne Fertitta and Tilman Fertitta in 2019 partying port side of his first Boardwalk yacht during The San Luis Salute in Galveston. (Gary Fountain Photo)

The Feadship team moves Tilman Fertitta's super yatch, Boardwalk, through the narrow canals of The Netherlands on its way to sea trials. (Photo courtesy of Feadship)

An areal view of Tilman Fertitta's Feadship Boardwalk of which he is expected to take possession in April. (Photo courtesy of Feadship)

Tilman Fertitta's super yacht, Boardwalk, by Feadship makes a beautiful departure as it heads for sea trials.

Tilman Fertitt's 77-meter Boardwalk from Feadship passes the last bridge on the to sea trials, passing the city of Rotterdam. (Photo courtesy of Feadship)⁠⠀

Tilman Fertitta Gets a New $150 Million Super Yacht — Take a Look at the Floating Paradise

Houston billionaire adds boardwalk to his empire.

Tilman Fertitta's 252-foot, $150 million super yacht 'Boardwalk' courses through canals after departing Feadship's Aalsmeer shipyard in The Netherlands on its way to sea trials. (Photo courtesy of Feadship)

I n the stratospheric world of billionaire Tilman Fertitta, more is more. And bigger is better. Consider the hospitality mogul’s ever-expanding business empire and then add his newest toy — a superyacht set to splash through the waters of the Med in April.

Our curiosity was piqued when we saw info on a 77 meter (252 foot) Feadship yacht that “was commissioned by an experienced yachtsman, the project has been designed by De Voogt Naval Architects,” according to Boat International . The extraordinary yacht’s launch has additionally captured the attention of Super Yacht Times , Mega Yacht News , and Yacht Harbor .

The name of the floating behemoth: Boardwalk . The same name as Fertitta’s 50 meter (163 feet) Westport motor yacht that has ridden the Fertitta family across waves of the Mediterranean and the Caribbean for a decade.

A little more research reveals that indeed the new vessel, which is headed this month for sea trials, was commissioned by Fertitta in 2016. Four years is fairly standard for yacht construction from the hull up. It was launched from the Feadship’s Aalsmeer shipyard in The Netherlands and in early January.

With an estimated price tag of $150 million, the yacht has seven staterooms, a swimming pool, and, of course, a helipad accommodating Fertitta’s favored mode of travel.

The original Boardwalk remains in Fertitta’s possession and there is no indication that he will sell or charter it. As he has often said, he has no intention of letting anyone but family rest their heads on Boardwalk pillows. We would guess that deep-pocketed Fertitta will keep the smaller yacht in the Caribbean where the larger yacht would have difficulty maneuvering through the waters there.

Introducing Pêche

In the world of superyachts , Boardwalk is a serious contender but falls short of the ridiculously huge mega yachts such as Dallas Cowboys owner Jerry Jones’ Bravo Eugenia, which measures 356 feet, or the 351-foot Benetti Lana, which charters for $1.9 million a week.

Get a closer look at Tilman Fertitta’s new yacht in this video:

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Photo: CNBC

Tilman Fertitta House: Inside his Massive Houston Texas Estate

Tilman 's house photos.

Updated on April 19, 2021

If you’re a basketball fan, then chances are you’re already aware of Mr. Tilman Fertitta aka the current owner of the Houston Rockets. This savvy businessman and television personality has built an empire in the billions and even wrote a book titled Shut Up and Listen!, which was released in September 2019. If you’re interested in learning more about this business magnate including his lifestyle, family, and the iconic Tilman Fertitta home, then you’re in luck. We’re here to give you the #411 on any and everything relating to him, and his infamous Tilman Fertitta house!

Where does Tilman Fertitta live?

Tilman fertitta house houston.

Fertitta and his family live in a massive palatial estate located in the swanky River Oaks area of Houston, Texas.

Tilman Fertitta House River Oaks

This gated estate is definitely one for the books. The $7.45 million home sits on a 5.4-acre lot and includes amenities such as an outdoor pool, a tennis court and a 1,323-square-foot garage complete with 11 parking spaces. The home itself (including the guest quarters) is a whopping 25,548 square feet. The main house has 6 bedrooms and 7 bathrooms.

The entrance of the home comes complete with a grand foyer which also includes a sweeping spiral staircase that rises up to the second floor. It additionally includes a family room, living room, a terrace, and a summer kitchen. There are 17 rooms in total in addition to an elevator and a fireplace.

Tilman and his family are in great company when it comes to high profile neighbors. Mega-pastor Joel Osteen’s house is just half a mile from Tilman’s.

Mr. Fertitta and his family are known for opening up their home annually during the Christmas holiday season in order to host a Santa’s Elves party which benefits pediatric cancer research at M.D. Anderson Children’s Cancer Hospital.

Tilman Fertitta Net Worth

As of 2019, it’s estimated that Mr. Fertitta is worth an insane $5.3 billion. That’s a lot of cash — and he spends it quite lavishly.

Tilman Fertitta Helicopter

In addition to owning two private jets and a yacht, it’s also been reported that Fertitta owns two helicopters. Clearly, the man loves to fly in style. But none of this compares to his infamous Boardwalk yacht.

Tilman Fertitta Yacht

Fertitta also owns a massive yacht called Boardwalk which was named after Kemah Boardwalk located on Houston’s Clear Lake. The superyacht is 50 meters long, which translates to 163 feet and has 6 bedrooms with the ability to house 12 guests. It also has 5 additional cabins which are used to house 10 crew members. According to reports, the yacht set him back a whopping $40 million.

View this post on Instagram A post shared by Tilman J. Fertitta (@tilmanfertitta) on May 6, 2016 at 5:20pm PDT

Tilman Fertitta Private Jet

He always told himself he’d have a jet by 35 years old, and he did. He’s quoted as saying he knew he had made then. Well, duh!

Tilman Fertitta Family

Tilman fertitta wife.

Tilman Fertitta is married to his wife Paige Fertitta. According to reports, Paige was initially a little skeptical about dating Tilman, who had to ask her three times before she finally agreed.

Tilman Fertitta Kids

Fertitta and his wife have five children. Their names are Michael Fertitta, Patrick Fertitta, Blayne Fertitta, Blake Fertitta, and Victor Fertitta.

View this post on Instagram Happy Mother’s Day, Paige. Our kids are so blessed to have you to call Mom! #luckykids #happymothersday A post shared by Tilman J. Fertitta (@tilmanfertitta) on May 14, 2017 at 1:53pm PDT

Lorenzo Fertitta Net Worth (is he related to Tilman?)

Much like his counterpart Mr. Tilman Fertitta, Lorenzo Fertitta has also made his way into the public eye due to his various successful business ventures including becoming part-owner of UFC along with his brother Frank. These ventures have also earned him a spot on the world’s list of billionaires. In fact, to date, Lorenzo Fertitta is worth a whopping $1.9 billion.

Is Lorenzo Fertitta related to Tilman Fertitta? The answer is YES. Tilman Fertitta is actually the third cousin of Lorenzo and Frank Fertitta.

What does Tilman Fertitta do?

Fertitta is perhaps most known for purchasing the Houston Rockets in October of 2017 for a whopping $2.2 billion. However, it was his various business pursuits which eventually facilitated his ability to become the official owner of an NBA team. These insane companies include the following:

Fertitta Group Inc.

Tilman is the owner of Fertitta Group Inc., an investment management company headquartered in Houston, Texas.

Landry’s Inc.

Tilman is additionally the CEO and sole owner of Landry’s Inc., which initially started out as one of the largest restaurant corporations located within the United States. Fertitta eventually gained controlling interests of the restaurants and purchased the remaining stocks in the company to become sole owner. The company currently owns and operates over 500 restaurants/gaming/entertainment and hospitality locations around the country.

His portfolio includes some huge brands, including Bubba Gump Shrimp Co., The Golden Nugget Hotel and Casinos, Morton’s The Steakhouse, and Rainforest Cafe to name a few. In 2017, Fertitta’s Landry’s acquired half of EMM Group which owns the celebrity-loved Catch Restaurants.

Tilman is perhaps most notably known for being a hotelier second to being known as the owner of the Houston Rockets. The business magnate has both purchased and built numerous hotels and resorts since his first venture with the Key Largo Hotel in Galveston, Texas.

In 2005 Tilman purchased the Golden Nugget Casinos chain with locations in Nevada. He also purchased the Trump Marina from Trump Entertainment Resorts, which he reopened as Golden Nugget Atlantic City. He has also opened up casinos in New Jersey, Biloxi, Alabama, and the Mississippi Gulf Coast.

He also purchased the Golden Nugget Lake Charles from Pinnacle Entertainment in part due to the fact that the location was within close proximity to his hometown of Houston, Texas.

Entertainment

Tilman additionally owns amusement parks, aquariums, and the Kemah Boardwalk, which he purchased in 1999.

Houston Rockets Owner

Tilman purchased the team back in October 2017 for $2.2 billion.

Billion Dollar Buyer Show

In 2016 it was announced that Fertitta would be starring in a CNBC reality show called Billion Dollar Buyer. Fortunately for Mr. Tilman, the first season was wildly successful which resulted in the show getting picked up for an additional season with over twice as many episodes.

The show follows Fertitta as he works with entrepreneurs who have ingenious ideas/products that he could buy and or/license for his own businesses. For example, in one of his earlier episodes, Tilman found a small mom and pop company making what he thought was the most incredible hot sauce and barbecue sauce he’d ever tasted. After they implemented the changes he suggested, he offered them a massive deal to be in hundreds of his restaurant locations.

Got a great product and want to be on the show? You can apply here !

https://www.celebfamily.com/business/tilman-fertitta-family.html

https://www.cnbc.com/2016/07/11/billionaire-brothers-to-get-massive-windfall-from-ufc-sale.html

https://www.cnbc.com/billion-dollar-buyer/

https://www.pressofatlanticcity.com/news/top_three/a-conversation-with-tilman-fertitta-owner-of-the-golden-nugget/article_15b856c2-96fe-11e1-bc35-001a4bcf887a.html

https://www.superyachtfan.com/superyacht_boardwalk.html

.css-16urd06{margin:0;font-family:Roboto,sans-serif;font-weight:400;font-size:1rem;line-height:1.5;} .css-1eo6nkc{color:rgb(0, 0, 238);font-size:24px;-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;} Danni Holland

Danni Holland is a writer, artist and self-professed celebrity news junkie. Whether she's writing about digital marketing for some of the biggest names in the industry, politics , interviewing legendary fashion icons , or dishing out the #411 on local dirt —you can rest assured she's giving you a 100% truth #nofilter perspective. Check her out on Instagram @iheartcandyfromstrangers and Facebook !

Time in Elektrostal , Moscow Oblast, Russia now

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Location: Moscow Oblast, Russia
Latitude: 55.79. Longitude: 38.46
Population: 144,000

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Elektrostal , Moscow Oblast, Russia

IMAGES

Lorenzo Fertitta Yacht
LONIAN Yacht • Lorenzo Fertitta $160M SuperYacht
LORENZO FERTITTA • Net Worth $2 Billion • House • Yacht • Private Jet
LONIAN Yacht • Lorenzo Fertitta $160M SuperYacht
Lorenzo Fertitta is the Owner of the Yacht Hodor
Lorenzo Fertitta Yacht

COMMENTS

LONIAN Yacht • Lorenzo Fertitta $160M SuperYacht
The yacht Lonian is owned by American businessman Lorenzo Fertitta, with an estimated value of $160 million. Design : A Harmony of Style and Comfort The Lonian yacht is a testament to the ingenious design sensibilities of Sinot Exclusive Yacht Design , while Richard Hallberg meticulously crafted the interior, focusing on the finest details for ...
Lorenzo Fertitta
Lorenzo Joseph Fertitta (born January 3, 1969) is an American billionaire businessman and philanthropist. ... Fertitta owns the 87 meter yacht Lonian and the associated 66 meter support vessel Hodor. Memberships. Former Chairman of the Nevada Resort Association; Former Member of ...
Billionaire Anchors Two Super-Yachts Off Santa Barbara Coast
According to Harbormaster Mike Wiltshire, the two offshore vessels are the Lonian — a 285-foot super-yacht built by Feadship of Florida and the Netherlands — and the Hodor, its 216-foot companion ship.Both are owned by billionaire Lorenzo Fertitta, former CEO of the Ultimate Fighting Championship (UFC).
Seen in Kona Bay. Anyone know who's super yacht this is?
It's the Hodor, supply boat for Lorenzo Fertitta's yacht, Lonian. It's basically a giant floating toybox. ... That's Lorenzo Joseph Fertitta's toy yacht, his real yacht was the one white parked a bit more north that's easily twice as big lol. He's the former owner of the UFC.
Former UFC Boss Takes His Secretive $160M Superyacht ...
Lorenzo Fertitta is one of these owners, and he took both vessels for a cruise in Vancouver. Lonian is one of the few superyachts with a famous owner who had stayed mysterious to this day - this ...
Maui 24/7
WHO OWNS THE YACHT PARKED OFF MAUI'S SOUTH SHORE? Here's all you need to know about "Hodor", the 216 ft. support boat owned by billionaire Lorenzo Fertitta, former owner of the UFC and current owner of Red Rock and Station casinos in Las Vegas. The 66 metre (216 foot) 'Hodor' is the most impressive support boat you'll ever see. She's a ...
Lorenzo Fertitta
Lorenzo Fertitta and his brother, Frank, made the bulk of their fortune through mixed martial arts promoter UFC. They bought UFC for $2 million in 2001; an investment group led by WME/IMG bought ...
Lorenzo Fertitta
Lorenzo Joseph Fertitta (born January 3, 1969) is an American billionaire businessman and philanthropist. He is chairman of Fertitta Capital, director of Red Rock Resorts Inc, and former CEO of the Ultimate Fighting Championship. ... ↑ "HODOR Yacht • Astilleros Armon • 2019 • Owner Lorenzo Fertitta • Support Vessel for MY Lonian ...
Lorenzo Fertitta
Summarize this article for a 10 year old. Lorenzo Joseph Fertitta (born January 3, 1969) is an American billionaire businessman and philanthropist. He is chairman of Fertitta Capital, director of Red Rock Resorts Inc, and former CEO of the Ultimate Fighting Championship. Quick Facts Born, Alma mater ... Lorenzo Joseph Fertitta is an American ...
Lorenzo Fertitta Yacht: Lonian
Check out the Lorenzo Fertitta yacht below. The yacht has seven bedrooms and over seven bathrooms, with over 280 feet of space inside. Within the seven cabins on board, there is a beautiful master suite, as well as two luxurious VIP suites. Furthermore, there is also a very large pool, a jacuzzi, and enough room for a helicopter landing.
Yacht Lonian • Feadship • 2018 • Photos & Video
Lorenzo Fertitta: Our Amazing Photo Gallery. Load more. SuperYachtFan. What began as a pastime for yacht spotting has evolved into a leading online destination for yachting enthusiasts, with thousands of visitors engaging with our content every day. Launched in 2009, ...
Inside 'Boardwalk,' Tilman Fertitta's Showstopping 252-Foot Superyacht
Boat of the Week: Meet 'Boardwalk,' Houston Rockets Owner Tilman Fertitta's Showstopping 252-Foot Superyacht. This vessel has a long, instantly recognizable profile. But it's the myriad ...
How Clever Deals Made Houston Rockets Owner Tilman Fertitta ...
You can describe the 64-year-old yacht, restaurant, casino and hotel owner in many ways: as a ... Soon he sold the Key Largo for $600,000 to his cousin Frank Fertitta (who, with brother Lorenzo ...
Billionaires Frank and Lorenzo Fertitta Are in Hot Seat Over Union
Lorenzo Fertitta, left, and his brother Frank, right, with artist Damien Hirst at the Palms Casino Resort in 2018. ... It even travels with its own special friend, a 217-foot support yacht called ...
Tilman Fertitta Gets a New $150 Million Super Yacht
Tilman Fertitta's 252-foot, $150 million superyacht Boardwalk courses through canals after departing Feadship's Aalsmeer shipyard in The Netherlands on its way to sea trials.
Tilman Fertitta House: Inside his Massive Houston Estate
Tilman Fertitta Yacht. Fertitta also owns a massive yacht called Boardwalk which was named after Kemah Boardwalk located on Houston's Clear Lake. The superyacht is 50 meters long, which translates to 163 feet and has 6 bedrooms with the ability to house 12 guests. ... Lorenzo Fertitta has also made his way into the public eye due to his ...
Tilman Fertitta
Tilman Joseph Fertitta (born 1957) is an American billionaire businessman and television personality. He is the chairman, CEO, and owner of Landry's, Inc. He also owns the National Basketball Association (NBA)'s Houston Rockets. Fertitta is chairman of the board of regents of the University of Houston System.. As of June 2023, his net worth was estimated at $8.4 billion.
TILMAN FERTITTA: A Billionaire Restaurateur, Businessman, and ...
Forbes estimates Fertitta's net worth at $8 billion, making him one of the wealthiest people in the world. He is known for his lavish lifestyle, owning a large mansion in Houston, Texas, and a $19.5 million condo in New York. Fertitta is also related to Frank Fertitta and Lorenzo Fertitta, both successful businessmen and yacht owners.
Time in Elektrostal, Moscow Oblast, Russia now
Sunrise, sunset, day length and solar time for Elektrostal. Sunrise: 04:25AM. Sunset: 08:21PM. Day length: 15h 56m. Solar noon: 12:23PM. The current local time in Elektrostal is 23 minutes ahead of apparent solar time.
The flag of Elektrostal, Moscow Oblast, Russia which I bought there
Its a city in the Moscow region. As much effort they take in making nice flags, as low is the effort in naming places. The city was founded because they built factories there.
Elektrostal, Moscow Oblast, Russia
Elektrostal Geography. Geographic Information regarding City of Elektrostal. Elektrostal Geographical coordinates. Latitude: 55.8, Longitude: 38.45. 55° 48′ 0″ North, 38° 27′ 0″ East. Elektrostal Area. 4,951 hectares. 49.51 km² (19.12 sq mi) Elektrostal Altitude.
Geographic coordinates of Elektrostal, Moscow Oblast, Russia
Geographic coordinates of Elektrostal, Moscow Oblast, Russia in WGS 84 coordinate system which is a standard in cartography, geodesy, and navigation, including Global Positioning System (GPS). Latitude of Elektrostal, longitude of Elektrostal, elevation above sea level of Elektrostal.