| Name: | Tilman Fertitta |
| Net Worth: | $8 billion |
| Source of Wealth: | Landry’s Restaurants |
| Born: | June 25, 1957 |
| Age: | |
| Country: | USA |
| Wife: | Paige Fertitta |
| Children: | Michael Fertitta, Blake Fertitta, Blayne Fertitta, Patrick Fertitta |
| Residence: | Houston, TX |
| Private Jet: | Gulfstream G550 (N625TF) , Gulfstream G550 (N625GN) |
| Yacht | Boardwalk |
| Cousin: | Frank Fertitta |
| Cousin: | Lorenzo Fertitta |
Tilman Fertitta is a prominent American businessman, entrepreneur, and investor. He is widely known for being the Chairman, CEO, and shareholder of Landry’s Restaurants, a renowned hospitality and entertainment company. Fertitta is also a member of the board of regents of the University of Houston System and has his own TV show called “Billion Dollar Buyer.” In this article, we will explore more about his life, businesses, and achievements.
Tilman Fertitta was born in Galveston, Texas, in June 1957. He attended Texas Tech University and the University of Houston, where he started his own firm focused on marketing and sales. After college, he ventured into development and construction before starting to build homes while selling Shaklee vitamins on the side.
Fertitta’s big break came in 1986 when he joined Landry’s Restaurants as a real estate specialist. Within a few short months, he bought the entire Landry’s chain and began expanding it to include more entertainment. Today, the company has nearly a dozen restaurant chains and individual entities, including the iconic Bubba Gump Shrimp Company, which Fertitta acquired in 2010.
Aside from Landry’s Restaurants, Fertitta has invested in various other businesses over the years. He owns the Saltgrass Steak House, a steakhouse chain with more than 50 restaurants that Landry’s bought for $75 million in 2002. He also owns the Rainforest Cafe, a chain with more than 20 restaurants, including two locations in Disney World.
Fertitta’s company now owns 56 restaurant brands and 421 locations, making him one of the most successful restaurateurs in the world. In addition, he is a minor partner in the Houston Texas NFL franchise, owns Houston’s Bentley and Rolls Royce dealership Post Oak Motor Cars, and owns the Post Oak Hotel in Uptown Houston. He also owns the Golden Nugget Casinos in Atlantic City.
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. Frank owns the yacht VIVA, while Lorenzo owns the yacht LONIAN>
In September 2017, Fertitta made headlines when he bought the Houston Rockets for $2.2 billion. The Houston Rockets are an American professional basketball team based in Houston, Texas, and compete in the National Basketball Association (NBA). Fertitta is a passionate sports fan and has invested heavily in the Houston Rockets, hoping to lead them to great success in the years to come.
In conclusion, Fertitta is a remarkable businessman and entrepreneur who has achieved incredible success through hard work, determination, and a keen eye for opportunities. He is a major player in the hospitality and entertainment industry, with a vast network of restaurants, hotels, and casinos. With his recent acquisition of the Houston Rockets, Fertitta’s influence and impact on the business world are only set to grow further.
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In December 2019 he posted a message on Instagram, implying that he was building a new 77 meters yacht: Feadship’s Project 707. The 77-meters superyacht was delivered in 2021.
1 Fertitta started in real estate.
2 He was managing the real estate of Landry’s before buying the chain
3 Fertitta has his own TV show: Billion Dollar Buyer.
4 He used to sell vitamins.
5 His net worth is now $8 billion.
6 He owns 8 houses and two large yachts.
7 The annual tax of his Houston home is more than US$ 400,000 per year.
8 His yacht is named after the Kemah Boardwalk amusement complex.
9 He also owns a Bentley dealership: Post Oak Motorcars.
10 He designed the interior of his yacht himself.
11 He is the owner of the Houston Rockets basketball team
12 In December 2019 he posted a message on Instagram, implying that he is the owner of the 77 meter Feadship Project 707.
wikipedia.org/wiki/Tilman_JFertitta
www.forbes.com/profile/tilmanfertitta/
billion-
www.nba.com/rockets/news/tilman-
Tilman 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. In 2013 Fertitta bought a USD 19.5 million condo in New York.
Houston is the largest city in Texas and the fourth-largest city in the United States. It is located in southeast Texas near the Gulf of Mexico and is known for its diverse culture, energy industry, and Space Center Houston. Houston is also home to several professional sports teams, including the Houston Texans (NFL), Houston Rockets (NBA), Houston Astros (MLB), and Houston Dynamo (MLS). The city has a vibrant arts and cultural scene, with world-class museums, theaters, and concert venues. It is also a hub for higher education, with several universities and colleges located in and around the city, including the University of Houston, Texas Southern University, and Rice University.
He is the owner of the Westport yacht Boardwalk. In 2021 a brand new and larger Feadship yacht also named Boardwalk was delivered.
The 77-meters superyacht has a gross tonnage of 1,848GT. The motor yacht is designed by De Voogt and has an interior by Halffman Interiors.
Her range is more than 5,000nm. Her cruising speed is 17 knots, her max speed is 19 knots.
The luxury yacht can accommodate 14 guests and has a crew of 22. Her features include a large beach club, a wine cellar, a gym, a sky lounge with a bar, and a large pool
His cousin Frank Fertitta is owner of the yacht VIVA, while his other cousin Lorenzo Fertitta owns the yacht LONIAN>
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. The aircraft can accommodate 14 passengers.
The Gulfstream G550 is a long-range business jet that is manufactured by Gulfstream Aerospace, a subsidiary of General Dynamics. It is one of the most advanced and capable business jets on the market, known for its speed, comfort, and versatility.
The G550 has a range of 6,750 nautical miles (12,501 km), which allows it to fly non-stop on long-haul routes such as New York to Hong Kong. It is equipped with two Rolls-Royce engines and a spacious and luxurious cabin that can accommodate up to 19 passengers.
The G550 is known for its advanced avionics and flight deck, which provides the pilot with a high level of situational awareness and control. The aircraft is equipped with a suite of advanced navigation and communication systems, as well as a number of safety features, including an enhanced vision system, a traffic collision avoidance system, and an automatic dependent surveillance-broadcast (ADS-B) system.
In addition to its performance and capabilities, the G 550 is also renowned for its comfort and luxury. The aircraft features a spacious and well-appointed cabin that is designed for maximum comfort and convenience. It is equipped with a range of amenities, including a full galley, a private lavatory, and a entertainment system.
He also owns a Eurocopter AS 350 with registration N164TF. The helicopter is normally based on the yacht. On his new Feadship yacht, he has an Airbus H130 with registration N252TF.
In 2021 Fertitta’s new yacht was delivered. It’s a 77 meter (253ft) motor yacht, with a volume of 1,848 tons. That means she is almost 4 times bigger than the Westport. Photos by Tom van Oossanen and Dutch Yachting.
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