Lorenzo Fertitta

$3.52 B

Ranked #1174 in World

About Lorenzo Fertitta

Renowned American billionaire Lorenzo Joseph Fertitta, born on January 3, 1969, in Las Vegas, juggles multiple roles—a philanthropist, investment leader at Fertitta Capital, and a key figure in Red Rock Resorts. As the former CEO of the Ultimate Fighting Championship, he played a pivotal role in popularizing MMA. An alumnus of the University of San Diego and NYU Stern, Fertitta also significantly contributes to educational initiatives and Republican Party causes.

Born

January 03, 1969 in Las Vegas, Nevada, U.S.

Age

57 years

Source Of Wealth

Casinos, Mixed Martial Arts

Industries

Sports

Citizenship

United States

Residence

Las Vegas, Nevada

Education

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

Spouse

Teresa Fertitta

Children

Lorenzo Joseph Fertitta, born on January 3, 1969, in Las Vegas, Nevada, is an American billionaire businessman and philanthropist. Raised in Las Vegas with his older brother Frank Fertitta III, Lorenzo graduated from Bishop Gorman High School in 1987. He went on to earn a Bachelor of Business Administration from the University of San Diego in 1991 and an MBA from the Stern School of Business at New York University in 1993.

Lorenzo Fertitta: Family

Lorenzo Fertitta resides in Las Vegas, Nevada, with his wife Teresa and their three children. He is the third cousin of entrepreneur Tilman Fertitta.

Lorenzo Fertitta: Career Highlights

Lorenzo Fertitta held various executive positions at Fertitta Enterprises from 1991 to 2000. He played a significant role in leading Station Casinos to its first IPO in 1993. However, the company filed for bankruptcy in 2009 and emerged in 2011 with a new ownership structure. Red Rock Resorts, Inc., the successor to Station Casinos, went public again in 2016.

In 2001, Lorenzo Fertitta and his brother established Zuffa, LLC, and acquired the Ultimate Fighting Championship (UFC). He served as chairman and CEO of UFC until 2016, working to establish a unified rule set for MMA competitions. Under his leadership, UFC entered broadcasting deals with Spike, Fox, and other channels. In 2016, Fertitta sold UFC to WME-IMG for an estimated $4 billion.

In 2017, Fertitta launched Fertitta Capital with an initial investment of $500 million. The private investment firm focuses on consumer-facing companies in the technology, media, and entertainment sectors.

Lorenzo Fertitta: Companies

Fertitta Enterprises
Station Casinos
Red Rock Resorts, Inc.
Zuffa, LLC
Ultimate Fighting Championship (UFC)
Fertitta Capital

Lorenzo Fertitta: Major Achievements

Led Station Casinos to its first IPO in 1993.
Established Zuffa, LLC, and acquired UFC, transforming it into a global sports powerhouse.
Worked to establish a unified rule set for MMA competitions.

Secured broadcasting deals with major channels for UFC.
Sold UFC to WME-IMG for an estimated $4 billion in 2016.

Lorenzo Fertitta: Awards & Achievements

Nevada Resort Association Hall of Fame (2016)
Ernst & Young Entrepreneur of the Year Award (2008)
University of San Diego School of Business Distinguished Alumnus Award (2016)

Lorenzo Fertitta: Personal Life & Legacy

Lorenzo Fertitta is known for his philanthropic efforts. He supports Bishop Gorman High School and the University of Nevada, Las Vegas (UNLV). He has also contributed to veterans and active duty student support organizations and established the Fertitta Veterans Program at New York University Stern. Additionally, he supports local Las Vegas charities focused on healthcare, food assistance, and community services.

Fertitta is a major donor to the Republican Party and Republican candidates. He has held various leadership positions in the gaming industry, including serving as the former Chairman of the Nevada Resort Association and a former Member of the Nevada State Athletic Commission.

Lorenzo Fertitta: Trivia

Lorenzo Fertitta is a licensed pilot.
He is a fan of mixed martial arts and has competed in amateur MMA fights.
Fertitta is a co-owner of the Golden Nugget Las Vegas.
He is a member of the board of directors for the Las Vegas Convention and Visitors Authority.

Wealth History

Timeline

January 3, 1969

Lorenzo Joseph Fertitta was born in Las Vegas, Nevada.

1987

Graduated from Bishop Gorman High School.

1991

Earned a Bachelor of Business Administration from the University of San Diego.

1993

Earned an MBA from the Stern School of Business at New York University.

1991-2000

Held various executive positions at Fertitta Enterprises.

1993

Led Station Casinos to its first IPO.

2001

Established Zuffa, LLC with his brother and acquired UFC.

2009

Station Casinos filed for bankruptcy.

2011

Station Casinos emerged from bankruptcy with a new ownership structure.

2016

Red Rock Resorts, Inc. went public again.

2016

Sold UFC to WME-IMG for an estimated $4 billion.

2017

Launched Fertitta Capital with an initial investment of $500 million.

Lorenzo Fertitta : FAQs

What is Lorenzo Fertitta's current net worth?

Lorenzo Fertitta's current net worth is $3.52 billion.

What is Lorenzo Fertitta's current global rank among billionaires?

Lorenzo Fertitta holds the 1174th position globally among billionaires.

What is Lorenzo Fertitta's current ranking within the United States?

Lorenzo Fertitta holds the 428th position in United States.

What was the change in Lorenzo Fertitta's net worth compared to the previous year?

Lorenzo Fertitta's net worth decreased by 220.37 million dollars compared to the previous year 2025, when his net worth was 3.74 billion dollars.

What is the recent change in Lorenzo Fertitta's net worth?

Lorenzo Fertitta's net worth decreased by 130.98 million dollars recently, a 3.72% decrease, with his net worth standing at 3.52 billion dollars.

What are Lorenzo Fertitta's main sources of wealth?

Lorenzo Fertitta's main source of income comes from Casinos, Mixed Martial Arts.

In which industry does Lorenzo Fertitta primarily operate?

Lorenzo Fertitta is primarily involved in the Sports industry.

What is Lorenzo Fertitta educational background?

Lorenzo Fertitta holds a Master of Business Administration from Leonard N. Stern School of Business and a Bachelor of Arts/Science from U of San Diego.

How old is Lorenzo Fertitta?

Lorenzo Fertitta is 57 years old.

How many children does Lorenzo Fertitta have?

Lorenzo Fertitta has 3 children.

Who is Lorenzo Joseph Fertitta and what is his background?

Lorenzo Joseph Fertitta, born on January 3, 1969, in Las Vegas, Nevada, is an American billionaire businessman and philanthropist, chairman of Fertitta Capital, director of Red Rock Resorts Inc, and former CEO of the Ultimate Fighting Championship (UFC).

What notable achievements did Lorenzo Fertitta have during his early career?

Lorenzo Fertitta held executive roles at Fertitta Enterprises from 1991 to 2000 and led Station Casinos through its first IPO in 1993. After facing bankruptcy in 2009, the company re-emerged under a new structure, and in 2016, Red Rock Resorts, Inc. went public again.

How did Lorenzo Fertitta contribute to the development of the UFC and MMA?

Lorenzo Fertitta, alongside his brother, acquired UFC through Zuffa, LLC in 2001, where he served as chairman and CEO until 2016. Under his leadership, the UFC adopted a unified rule set for MMA and secured significant broadcasting deals before selling to WME-IMG for around $4 billion.

Can you enumerate Lorenzo Fertitta's philanthropic endeavors?

Lorenzo Fertitta is committed to philanthropy, supporting educational institutions like Bishop Gorman High School and UNLV, aiding veterans through the Fertitta Veterans Program at NYU Stern, as well as funding various local charities in Las Vegas focused on healthcare, food assistance, and community services.

What is known about Lorenzo Fertitta's personal and political life?

Lorenzo Fertitta resides in Las Vegas with his wife Teresa and children, maintains a close relationship with his third-cousin Tilman Fertitta, and is a major donor to the Republican Party and its candidates.