Lorenzo Fertitta is an entrepreneur, investor, business builder and philanthropist. He is chairman of Fertitta Capital, director of Red Rock Resorts Inc. and former CEO of Ultimate Fighting Championship.
Early Life and Education
Lorenzo and his older brother Frank Fertitta III were raised in Las Vegas, Nevada after the pair’s father, Frank Fertitta Jr., moved to Las Vegas from Texas with his wife Victoria in 1960. Fertitta Jr. became a dealer at the Stardust Casino before graduating to management positions at the Tropicana, Sahara, and Circus Circus casinos.
In 1976, after observing that no casinos effectively catered to the city’s residents, Fertitta Jr. built The Casino, a 5,000-square-foot establishment on Sahara Blvd. The Casino would be renamed Bingo Palace before it eventually became Palace Station.
Fertitta Jr. worked at Station Casinos, a developer and casino operator in the U.S, alongside his sons until retiring in 1993. Until his death in 2009, Fertitta Jr. remained active in other family business ventures, community service and philanthropic efforts, with Las Vegas Mayor Oscar Goodman referring to Fertitta Jr. as “one of the most successful business persons in the history of Las Vegas.”
Fertitta graduated from Bishop Gorman High School, a private Catholic prep school in Summerlin, Nevada, in 1987. He earned 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.
Summary
| Lorenzo Fertitta | |
|---|---|
| Born | Lorenzo Joseph Fertitta January 3, 1969 Las Vegas, Nevada, United States |
| Residence | Las Vegas, Nevada, U.S. |
| Nationality | American |
| Alma mater | University of San Diego, BBA 1991 Stern School of Business (New York University), MBA 1993 |
| Occupation | Entrepreneur, Investor, Philanthropist |
| Net worth |  US$ 1.99 billion (est.) (2016) |
| Spouse(s) | Teresa Fertitta |
| Children | 3 (Lorenzo Jr., Nicco, Angelica) |
| Relatives | Frank Fertitta, Jr. (father) Frank Fertitta III (brother) |
| Website | Official website |
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