Frank Fertitta III

$3.04B

$27.9M (-0.9%)

as of 05/21/25

About Frank Fertitta III

Frank Fertitta III and his brother, Lorenzo, made the bulk of their fortune through mixed martial arts promoter UFC.

The brothers bought UFC for $2 million in 2001; it sold to an investment group led by WME/IMG for $4 billion in 2016.

They sold their remaining stakes in UFC in August 2017 at a $5 billion valuation.

The Fertittas took their casino business, Red Rock Resorts, public in 2016. It was founded by their father.

They each pledged $7.5 million in 2016 to NYU's Stern School of Business for a scholarship for veterans.

Personal stats

Citizenship

United States of America

Source of wealth

Casinos, mixed martial arts

Residence

Las Vegas, Nevada

Marital status

Married

Birth date

02/24/62 (age 63)

Number of children

Education

Bachelor of Arts/Science, University of Southern California

Self-made

inherited and growing