| Name: | Lorenzo Fertitta |
| Net Worth: | $ 2 billion |
| Source of Wealth: | Fertitta Capital |
| Born: | January 3, 1969 |
| Age: | |
| Country: | USA |
| 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) |
| Brother | Frank Fertitta |
| Cousin | Tilman Fertitta |
| Yacht | Lonian |
| Support Vessel | Hodor |
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.
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.
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 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.
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.
https://www.feadship.nl/press/project-
https://en.wikipedia.org/wiki/LorenzoFertitta
https://www.fertittamoneywatch.org/
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He lives with his wife Teresa Fertitta in a large house in Las Vegas. More Fertitta family members live in that same area.
Las Vegas, fondly known as the Entertainment Capital of the World, is a vibrant city nestled in the heart of the Mojave Desert in Nevada, USA. It is globally renowned for its bustling casinos, exquisite fine-dining options, world-class entertainment, and glamorous nightlife. The city’s main artery, the Las Vegas Strip, is a visual spectacle, lined with extravagant theme hotels, bustling casinos, and a plethora of entertainment venues. The city’s gambling and entertainment industry attracts millions of tourists annually, making it a premier tourist destination.
Las Vegas is also famous for its quick wedding chapels, earning it another nickname, the “Marriage Capital of the World.” Apart from the glitz and glamour, the city offers outdoor attractions such as the Red Rock Canyon National Conservation Area and the Hoover Dam, demonstrating the region’s natural beauty and architectural feats. In addition, Las Vegas is home to several museums, including the Mob Museum and the Neon Museum, preserving the city’s rich and colorful history. The city’s thriving economy, beyond its renowned tourism sector, spans sectors such as technology and healthcare.
With its energy, dynamism, and ever-evolving nature, Las Vegas continues to captivate visitors from around the globe. Despite its reputation as a city of indulgence, it offers an appealing mix of cultural experiences, adventure, and world-class amenities.
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.
The family owns several private jets. In 2020 they bought two new Bombardier Global 7500‘s. The N762F and the N769F. They also own a Bombardier Global 6000 private jet. The jet has registration number N721FF. It is registered to Fertitta Entertainment, so he probably owns it together with his brother Frank.
The Bombardier Global 7500 is a long-range business jet produced by Canadian aircraft manufacturer Bombardier Aerospace. It was first introduced in 2018 and is designed for high-end, luxurious travel. The Global 7500 has a maximum range of 7,700 nautical miles, making it one of the longest-range business jets on the market. It can accommodate up to 19 passengers and is equipped with a spacious, state-of-the-art cabin that features a variety of seating options, including lie-flat beds and private suites. The Global 7500 also has advanced technology, such as high-speed internet connectivity and a customizable cabin management system. The aircraft is well-regarded for its performance, comfort, and cutting-edge features, and is a popular choice for private and corporate aviation customers who demand the very best in luxury and performance. The price of a Bombardier Global 7500 aircraft can vary widely depending on a number of factors, including the year of manufacture, the configuration of the aircraft, and the level of customization. As a rough estimate, the price of a new Bombardier Global 7500 is typically around $75 million to $90 million.
A Bombardier Global 6000 has a list price of US$ 40 million. It can accommodate 12 passengers.
Fertitta also owns an Airbus H145 helicopter, with registration N702LF. LF refers to Lorenzo Fertitta. The helicopter was built in 2018. An H145 has a list price of US$ 10 million.
