Lorenzo Fertitta Net Worth
Lorenzo Fertitta Net Worth: Lorenzo Fertitta is an American businessman, casino executive, sports promoter and entrepreneur who has a net worth of $2 billion. Lorenzo Fertitta is co-founder of Zuffa LLC and serves as its Chairman and CEO. He is also co-Founder of Fertitta Interactive LLC and Zuffa, LLC. He serves as Chairman and CEP of Zuffa, LLC and as Vice President of FCP Holding, Inc. He was a majority owner in the Ultimate Fighting Championship Organization until the company was sold to WME-IMG for $4 billion in July 2016. He served as President of Station Casinos Inc. from July 2000 to June 19, 2008. He served as President and CEO of Fertitta Enterprises Inc. from June 1993 to July 2000, where he was responsible for managing an investment portfolio of marketable securities and real property. From 1991 to 1993, he served as a Vice President of Fertitta Enterprises Inc. He served as a Commissioner on the Nevada State Athletic Commission from November 1996 to July 2000 and as Chairman of the Nevada Resort Association and as the Vice Chairman of Station Casinos LLC and has been its Manager since June 2011. He also serves as Member of the Board of Directors for Zuffa, LLC. He serves as a Member of the Board of Directors of the Las Vegas Visitors and Convention Authority. Fertitta also served as a Director of American Gaming Association until May 2010. He served as a Member of the Advisory Board of Nevada First Bank as well. Lorenzo Fertitta and older brother Frank's mixed-martial-arts league Ultimate Fighting Championship earned the very first prime-time slot on ESPN competitor Fox Sports 1's Aug. 17 debut, capturing 2.3 million viewers, just a slice of the UFC audience. The pair also own Las Vegas-based Station Casinos, which emerged from bankruptcy in 2011. The brothers debuted the first (U.S.) legal online gambling site in April 2014, ultimatepoker.com, to capture a piece of the growing $4 billion online gambling market.