Lorenzo Fertitta Net Worth 2024, Age, Height, Weight, Biography, Wiki and Career Details

Fertitta Capitals … if you have heard the name, even if you haven’t you must be knowing UFC, the worldwide broadcasted fighting sports. In either case, Lorenzo Fertitta is the architect behind. He is an American investor and entrepreneur.

Well, how well do you know about Lorenzo Fertitta? If not much, we have compiled all you need to know about Lorenzo Fertitta’s net worth in 2024, his age, height, weight, wife, kids, biography and complete details about his life. Well, if you’re all set, here is what we know about Lorenzo Fertitta to date.

Biography and Early Life

Las Vegas is the place, where Lorenzo took birth on 3rd of January 1969. His parents are Victoria Fertitta (mother) and Frank Fertitta Junior (Father). His father was a dealer at Stardust Casino and then held management positions at Tropicana, Sahara and ‘Circus Circus’ casinos. Lorenzo was raised along with his brother Frank Fertitta III.

Age, Height, Weight & Body Measurement

So, how old is Lorenzo Fertitta in 2024 and what is his height and weight? Well, Lorenzo Fertitta’s age is 55 years old as of today’s date 19th April 2024 having been born on 3 January 1969. Though, he is 5′ 11″ in feet and inches and 182 cm in Centimetres tall, he weighs about 194 lbs in Pound and 88 kg in Kilograms.

Education

Lorenzo got his primary schooling from Bishop Gorman High School in Las Vegas. He also did a BBA from the University of San Diego. He further completed his MBA from Stern School of Business at New York University. He was also a member of Sigma Pi fraternity during his college life.

Personal Life: Dating, Girlfriends, Wife, Kids

Lorenzo is married to Teresa Fertitta, and they also have three children together, and they reside in Las Vegas, Nevada. Apart from his professional life, he is very active with philanthropic activities for helping the needy. HE supports his own school ‘Bishop Gorman’ and college ‘University of Nevada, Las Vegas’. He donated $10 million for a 73000 square foot football facility named ‘The Fertitta Football Complex’. He has also been associated with associations which support families of military personnel.

Along with his brother Frank III, Lorenzo established an MBA program at New York University, Stern to support US military veterans. He also supports some Las Vegas charities. He, along with his wife and brother are significant contributors and donors of the Republican Party. According to estimates, they have given around $10 million to the party between 2009 to 2020.

Is Lorenzo Fertitta Gay?

NO … as per the sources searched for this article there is nothing conforming onto this. He is married and also has three children, so the claim stands nullified. His sexual orientation lies Straight.

Professional Career

Fertitta Enterprises, a family investment office and entertainment company. Lorenzo has served as Vice President from 1991 to 1993 and as President and CEO from 1993 to 2000. Prior to that he, along with his brother, supported his father at their father’s own casino named Bingo Palace and then Palace Station. After their father retired, both the sons led the casino to its first IPO raising $294 million becoming principal shareholders and founders.

In 2007, Station Casinos was taken private in a management-led leveraged buyout. Station Casinos went on to encompass 21 casinos in 3 states and in 2015, Red Rock Resorts purchased a share in the company through an IPO raising $531 million. Though, Fertitta family continues to own a stake in the company and serves as and when required.

In 2001, Lorenzo and Frank III established Zuffa, LLC to acquire for $2 million, the assets of Ultimate Fighting Championship (UFC), a mixed martial arts promotion and live event provider. Lorenzo himself became the CEO and Chairman of the company. The company is expected to grow with gyms in over 150 locations across 38 countries.

UFC initially came into contract with Viacom Inc’s Spike, but it ended in 2011, later they came with Fox Broadcasting Company for seven years at $813 million. UFC has regulated MMA in the state yielding over $32 million in economic activity in New York. In 2016, the Fertitta family announced the sale of their shares in UFC for $4 billion to WWE-IMG, a sports and entertainment representation firm. The Fertitta family came up with Fertitta Capital, a private investment firm with an initial investment of $500 million.

Awards

Lorenzo has been a premium businessman along with his brother, but unfortunately, he hasn’t won any award as of such for his entrepreneurship. Yes, their family business ‘Station Casino’ was named in ‘Best Companies to Work For’ by Fortune. The football facility in the University of Nevada is called ‘The Fertitta Football Complex’ as Lorenzo only funded it. We do hope that he also gets some award for his entrepreneurship over the years.

Net Worth, Salary & Earnings of Lorenzo Fertitta in 2024

Lorenzo is a prominent businessman and has made a lot of money over the years. Running many firms of high value and extracting large chunks from them. It is no surprise that his net worth stands well over $2 billion as of 2024.

Lorenzo Fertitta … has given a new name to acquiring a family business and then making it big. He started with just his father’s casino, but with time, he and his brother extracted too much money and set up other firms. With UFC, he gave a whole new shape to how sports broadcasting runs, with having telecast in all 50 US States and in 150 countries. Other than his work front, he has also been an active philanthropist donating for various noble causes.