TILMAN FERTITTA – Net Worth $4 Billion – Owner of the Yacht Boardwalk

Name:Tilman Fertitta
Net Worth:$ 4 billion
Source of Wealth:Landry’s Restaurants
Born:June 25, 1957
Country:USA
Spouse:Paige Fertitta
Children:Michael Fertitta, Blake Fertitta, Blayne Fertitta, Patrick Fertitta
Residence:Houston, TX
Private Jet:Gulfstream G550 (N625TF) , Gulfstream G550 (N625GN)
YachtBoardwalk
Cousin:Frank Fertitta
Cousin:Lorenzo Fertitta

Who is Tilman Fertitta?

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. He was born in June 1957. He is married to Page, they have 4 children (Michael, Blake, Blayne, and Patrick)

Born in Galveston

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.

Landry’s

He moved full-time into foodservice in 1986. He was working as a real estate specialist for Landry’s. It was only a few short months before he bought the Landry’s chain.

The CEO of Landry expanded the chain to include more entertainment. Now it has nearly a dozen restaurant chains and individual entities.

Bubba Gump Shrimp Company

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.

Companies He Owns

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 the owner of Golden Nugget Casinos in Atlantic City.

He owns a large mansion in Houston, Texas. In 2013 Fertitta bought a USD 19.5 million condo in New York.

Tilman Fertitta Net Worth

Forbes estimates his net worth at US$ 4 billion. See this Forbes article about him. He is the cousin of Frank Fertitta, CEO of Station Casinos.  Frank is building a new superyacht in the Netherlands. In March 2014 he hosted a record-breaking San Luis Salute Mardy Gras Party. There were more than 1,600 guests.

Tilman’s other cousin Lorenzo Fertitta is the owner of the yacht Lonian.

Houston Rockets

In September 2017 is was announced that Fertitta bought the Houston Rockets for US$ 2.2 billion. The Houston Rockets are an American professional basketball team based in Houston, Texas. The team competes in the National Basketball Association (NBA).

Yacht Boardwalk Owner

Tilman Fertitta


New Feadship Yacht

Feadship Project 707 New Fertitta yacht


Kemah Boardwalk

Kemah Boardwalk Galveston Texas

Tilman and Paige Fertitta

Tilman and Page Fertitta

New Feadship Yacht

In December 2019 he posted a message on Instagram, implying that he is building a new 77 meters yacht: Feadship’s Project 707.

12 Facts About Tilman Joseph Fertitta You Probably Didn’t Know

 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 US$ 4.7 billion.

6 He owns 8 houses and a large yacht.

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.

Resources

wikipedia.org/wiki/Tilman_JFertitta

www.forbes.com/profile/tilmanfertitta/

www.landrysinc.com/

www.westportyachts.com/

billion-dollar-buyers-tilmanfertitta-favorite-house-car-first-splurge/

www.nba.com/rockets/news/tilman-jfertitta-acquire-nba-houston-rockets


Tilman Fertitta House