LORENZO FERTITTA • Net Worth $2 Billion • House • Yacht • Private Jet • UFC

Name:Lorenzo Fertitta
Net Worth:$ 2 billion
Source of Wealth:Fertitta Capital
Born:January 3, 1969
Wife:Teresa Fertitta
Children:Nicco Fertitta, Angelita Fertitta, Lorenzo Jr
Residence:Las Vegas, Nevada
Private Jet:Bombardier Global 7500 (N762F, N769F), Bombardier Global 6000 (N721FF), Airbus H145 (N702LF) (heli)
BrotherFrank Fertitta
CousinTilman Fertitta
Support VesselHodor

Who is Lorenzo Fertitta?

Lorenzo Fertitta, chairman of Fertitta Capital and the former CEO of the globally-renowned Ultimate Fighting Championship (UFC), is a name that rings bells in the world of business and sports alike. Born in January 1969, Fertitta has built an empire over the years. He shares his life with his wife, Teresa Fertitta, and their three children, Nicco, Angelita, and Lorenzo.

Key Takeaways

  • Lorenzo Fertitta, Chairman of Fertitta Capital and former CEO of UFC, has a net worth of $2.2 billion.
  • He and his brother Frank expanded their father’s casino business, Station Casinos, leading it through multiple IPOs and rebranding it as Red Rock Resorts.
  • The Fertitta brothers bought UFC for $2 million in 2001, and sold the majority shares in 2016 for $4 billion, and remaining shares in 2021 for $1.8 billion.
  • He is the owner of the Lonian Yacht and her support vessel Hodor.

The Early Years: Following His Father’s Footsteps

Raised in a family with strong ties to the casino industry, Fertitta’s journey into the business world began early. His father, Frank Fertitta Jr., built a small casino in Las Vegas, a modest 5,000-square-foot establishment named The Casino. This small venture gradually evolved into the well-known brand, Station Casinos, marking the beginning of the Fertitta legacy.

Station Casinos: The Rise, Fall, and Rise Again

Under Lorenzo and his brother Frank Fertitta‘s leadership, Station Casinos was launched into the public sphere through an IPO, raising a robust US$ 300 million. The tide, however, turned when the company filed for bankruptcy. Unfazed by this setback, the Fertitta brothers bought back the company, demonstrating their resilience and business acumen.

In 2015, the company went public once again through a second IPO, this time raising over US$ 500 million. Today, the company thrives under a new name – Red Rock Resorts.

The Ultimate Fighting Championship Journey

The Fertitta brothers’ business ventures extend beyond the casino industry. In 2001, they purchased the assets of the UFC, an American mixed-martial-arts promotion company based in Las Vegas, Nevada. Despite a modest investment of US$ 2 million, the brothers transformed UFC into a global sports phenomenon.

In 2016, Lorenzo and Frank sold the majority of their UFC shares for a staggering $4 billion. Their ties with UFC were completely severed in 2021 when they sold their remaining shares for $1.8 billion. They now use their considerable wealth to act as private equity investors.

Lorenzo Fertitta: A Billionaire’s Worth

Through his successful business ventures and wise investment decisions, Lorenzo has amassed a net worth of around $2.2 billion, marking him as one of the most successful business tycoons of his era.






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Yacht Lonian Owner

Lorenzo Fertitta

Fertitta Yacht Lonian

He is the owner of the yacht Lonian and her support vessel Hodor.

The yacht Lonian is an 87-meter Feadship luxury superyacht, delivered in 2018.
It was designed by Sinot Exclusive Yacht Design with interior by Richard Hallberg.
Lonian can accommodate 12 guests and has a crew of 27.

His brother Frank Fertitta owns the yacht Viva. His cousin Tilman Fertitta is owner of the yacht Boardwalk.