Yacht Name: Boardwalk -
Tilman Fertitta Net Worth: US$ 4.7 billion -
Boardwalk is named after the Kemah Boardwalk on Houston's Clear Lake, which is owned by Fertitta. He lives with his wife Paige Fertitta in Houston.
He is an American businessman and Chairman CEO and shareholder of Landry's Restaurants. He is also a member of the board of regents of the University of Houston System. Fertitta has his own TV show called Billion Dollar Buyer.
Fertitta was born and raised in Galveston, Texas. And he still lives there with his wife Paige. He attended Texas Tech University and the University of Houston.
He showed an entrepreneurial streak even in college. When he started his own firm focused on marketing and sales. After college he started with development and construction. From there he began building homes while selling Shaklee vitamins on the side.
He moved full-
Fertitta expanded the chain to include more entertainment. Now it has nearly a dozen restaurant chains and individual entities.
He also owns the Bubba Gump Shrimp Company. Bubba Gump is an American seafood restaurant chain. It has 45 restaurants. The name is inspired by the film Forrest Gump. The company was acquired by Landry’s in 2010.
He also owns the Saltgrass Steak House. A steak house chain with more than 50 restaurants. Landry’s bought the chain in 2002 for US$ 75 million.
He owns the Rainforest Cafe. A chain with more than 20 restaurants. It has 2 locations in Disney World.
His company now owns 56 restaurant brands and 421 locations. He is a minor partner in the Houston Texans NFL franchise. He owns Houston's Bentley and Rolls Royce dealership Post Oak Motor Cars. He also owns the Post Oak Hotel at Uptown Houston. And he is owner of Golden Nugget Casinos.
He owns a large mansion in Houston, Texas. In 2013 Fertitta bought a USD 19.5 million condo in New York.
Forbes estimates his net worth at US$ 4.7 billion. See this Forbes article about him. He is the cousin of Frank Fertitta, CEO of Station Casino’s. In March 2014 he hosted a record breaking San Luis Salute Mardy Gras Party. There were more than 1,600 guests.
Tilman Fertitta and his wife Paige Fertitta own a large house in Houston. But mansion is probably a better word for it. See photos hereunder. In a recent interview he mentioned owning 8 houses and his yacht.
They also own homes in Galveston, New York, Colorado and Las Vegas. The annual city tax of his Houston home is more than US$ 400,000 per year.
Fertitta owns two Gulfstream G550 private jets. With registration N625TF and N625GN. GN refers to Golden Nugget. A G550 jet has a list price of US$ 50 million. He also owns a Eurocopter with registration N164TF. The heli is normally based on the yacht.
In September 2017 is was announced that Fertitta bought the Houston Rockets for US$ 2.2 billion. The Houston Rockets are a American professional basketball team based in Houston, Texas. The team competes in the National Basketball Association (NBA).
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