Frank Fertitta: A Billionaire Entrepreneur in the World of Casinos and MMA

Name:Frank Fertitta
Net Worth:$2.8 billion
Source of Wealth:UFC, Station Casinos
Born:February 24, 1962
Age:
Country:USA
Wife:Jill Fertitta
Children:Victoria Fertitta, Kelley Fertitta, Frank JR.
Residence:Las Vegas
Private Jet:Bombardier Global 7500 (N762F)
Yacht:Viva


Introduction

Frank Fertitta is a prominent American businessman known for his significant contributions to the casino and mixed martial arts (MMA) industries. As the Chairman of Station Casinos and the co-founder of the Ultimate Fighting Championship (UFC), Fertitta has built an impressive fortune throughout his career. In this article, we explore the life and achievements of Mr. Fertitta, his involvement in UFC and Station Casinos, and his impressive net worth.

Early Life and Family

Born in February 1962, Frank Fertitta is married to Jill Fertitta, and together they have three children – Victoria, Kelley, and Frank Jr. Frank’s brother, Lorenzo Fertitta, is also a successful entrepreneur, with both siblings sharing a close business relationship.

UFC: The Ultimate Fighting Championship

The Ultimate Fighting Championship (UFC) is an American mixed martial arts (MMA) promotion company that has gained worldwide popularity. MMA, also known as cage fighting, is a full-contact combat sport that incorporates striking, grappling, and ground fighting techniques.
Frank and Lorenzo Fertitta founded Zuffa, LLC, UFC’s holding company, in 2001 in Las Vegas, Nevada. In 2016, the Fertitta brothers sold a majority stake in Zuffa for an astounding $4 billion. Later, in 2021, the remaining shares were sold for an additional $1.7 billion, marking their complete divestment from the UFC.

Station Casinos: A Family Legacy

Station Casinos, LLC, is an American hotel and casino company founded in 1976 by Frank and Lorenzo’s father. The company operates 20 casinos in and around Las Vegas, including Mount Rose Station, Graton Resort & Casino, and Station Casino Reno.
Both Frank and Lorenzo each own a 29% stake in the company, continuing the family’s involvement in the casino business.

Frank Fertitta’s Net Worth

Fertitta’s net worth is estimated to be around $2.8 billion, making him one of the wealthiest entrepreneurs in the United States. His assets include his ownership stakes in Station Casinos, various real estate holdings, and numerous investments.

Conclusion

Frank is a highly successful entrepreneur who has built an extraordinary empire in the world of casinos and mixed martial arts. With a remarkable net worth and an impressive portfolio of businesses, Fertitta stands out as a prominent figure in American business and entertainment.

Sources

https://en.wikipedia.org/wiki/Frank_Fertitta_III

https://en.wikipedia.org/wiki/Station_Casinos

https://www.ufc.com/

Frequently Asked Questions (FAQ)

How did the Fertitta brothers make their money?

Their father founded Station Casinos. With the company’s profits, Frank and Lorenzo Fertitta bought the UFC for $2 million in 2001. They sold UFC for $6 billion in 2016.

How rich are the Fertitta brothers?

Both Frank and Lorenzo Fertitta have a net worth of around $3 billion.

Who is the richest Fertitta?

The richest Fertitta is Tilman Fertitta, he is the cousin of Frank and Lorenzo. His net worth is $8 billion.

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Yacht Owner

Frank and Jill Fertitta


Watch this video!


Fertitta Yacht

He is the owner of the Feadship motor yacht Viva.

Viva boasts impressive specifications that make her a true marvel on the high seas. Powered by top-of-the-line MTU engines, this superyacht achieves a maximum speed of 20 knots and cruises comfortably at 12 knots. With a remarkable range of over 5,000 nautical miles, Viva is designed for long-distance voyages and endless exploration.

His brother Lorenzo owns the yacht Lonian and her support vessel Hodor. His cousin Tilman Fertitta owns the yacht Boardwalk.

He is the owner of a Bombardier Global 7500 private jet, with registration N762F.  The aircraft was built in 2020 and has a list price of $65 million. He also owns an Airbus H145 helicopter with registration N702FF. The chopper is based on his yacht.

Bombardier Global 7500

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.

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