Lorenzo Fertitta is a well-known American industrialist, business engineer, stockholder, and benefactor. The previous CEO of the Ultimate Fighting Championship, he also serves as the chairman of Fertitta Capital and the administrator of Red Rock Resorts Inc. (UFC).
What is the Net Worth of Lorenzo Fertitta? Salary, Earnings
As of February 2023, Lorenzo Fertitta’s estimated net wealth was $2.5 billion. Throughout Lorenzo Fertitta career, he has been a successful businessman, casino executive, sports advertiser, and industrialist, all of which have added to his huge net worth.
His considerable financial fortune was built on the management of his father’s casinos. The Gordon Biersch Brewing Company has profited from his tenure as the organization’s former president and CEO. He continued to be the controller of Station Holdco LLC.
Lorenzo Fertitta is a kindhearted philanthropist who frequently donates to organizations that support the less fortunate in his native Las Vegas. These organizations include Catholic Charities of Southern Nevada, Nathan Adelson Hospice, the Lou Ruvo Center for Brain Health, and Three Square, which aims to feed the hungry with wholesome food.
Where was Lorenzo Fertitta? Ethnicity, Nationality, Family, Education
American city of Las Vegas, Nevada, is the place of Lorenzo Fertitta’s birth. At the exclusive Catholic secondary school Bishop Gorman secondary School in Summerlin, Nevada, he finished his high school education in 1987.
In 1991, he graduated from the University of San Diego with a bachelor’s degree in business administration and joined the society Sigma Pi. In 1993, he also finished his MBA at New York University’s Stern School of Business. Teresa and Fertitta were married, and together they have three kids.
Quick Facts
| Celebrated Name: | Lorenzo Fertitta |
|---|---|
| Real Name/Full Name: | Lorenzo Joseph Fertitta |
| Gender: | Male |
| Age: | 53 years old |
| Birth Date: | 3 January 1969 |
| Birth Place: | Las Vegas, Nevada, United States |
| Nationality: | American |
| Height: | 1.82 m |
| Weight: | 88 kg |
| Sexual Orientation: | Straight |
| Marital Status: | Married |
| Wife/Spouse (Name): | Teresa Fertitta (m. 1993) |
| Children: | Yes (Nicco Fertitta, Angelita Fertitta, Lorenzo Fertitta) |
| Dating/Girlfriend (Name): | N/A |
| Profession: | Business engineer, shareholder, industrialist, and a philanthropist |
| Net Worth in 2022: | $2.5 billion |
How tall is Lorenzo Fertitta? Weight, Hair Color
53-year-old Lorenzo Fertitta was born on January 3rd, 1969. He weighs 88 kilograms and is 1.82 meters tall.
How did Lorenzo Fertitta start his Professional Career?
Both Lorenzo and Frank Fertitta were successful in their father’s casino company. He has served in several managerial capacities with Fertitta Enterprises, the family-run entertainment business firm, since 1991. Between 1991 and 1993, he served as its vice president. He was the business’s president and CEO from that point forward until the year 2000.
Fertitta and his brother Frank III decided to temporarily employ the officials of the Ultimate Fighting Championship in 2001. UFC has offices in Sao Paulo, Toronto, London, and Singapore and broadcasts to up to one billion homes in thirty languages in 149 nations. It has the largest pay-per-view audience in the world.
In 1991, Fertitta served as a member of the board of directors for Station Casinos Inc., where he remained a significant investor and co-founder. July 2000, he was then named its president. In any event, he quit and started working for Zuffa, LLC Station’s Casinos.
In 2013, Fertitta and his brother created the first real website for online gaming. However, due to operational problems and a rigid, dogmatic environment, they were forced to close it down in 2014.
Both of these siblings presented the Fertitta Veterans Program in 2016 at New York University Stern. It is an extensive MBA program designed to assist U.S. service veterans who are transferring to business school.
Using their resources, Fertitta and his brother Frank III established the private trading company Fertitta Capital in 2017. This company makes a major contribution to technology, entertainment, and the media. It has a reliable business as well.
Lorenzo Fertitta joined a variety of organizations throughout his work. He continued to act as the head of the Nevada Resort Association.
Also in the past, he was a member of the Nevada State Athletic Commission. He was additionally formerly associated with the American Gaming Association. Additionally, he had earlier been a member of the advisory board for Nevada First Bank.
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