Lorenzo Fertitta

$2.96B

as of 07/05/24

About Lorenzo Fertitta

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

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

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

The Fertittas took public their casino business, Red Rock Resorts, 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

01/03/69 (age 55)

Number of children

Education

Master of Business Administration, Leonard N. Stern School of Business; Bachelor of Arts/Science, U of San Diego

Self-made

inherited and growing