Frank Joseph Fertitta III net worth is
Frank Joseph Fertitta III Wiki Biography
Frank Joseph Fertitta III was born on the 24th February 1962, in Las Vegas, Nevada USA, and is an entrepreneur and the current CEO of Station Casinos, co-owner of Fertitta Entertainment, and the owner of Zuffa LLC, the company that runs the mixed martial arts Ultimate Fighting Championship.
Have you ever wondered how much wealth this talented businessman has accumulated so far? How rich Frank Fertitta III is? According to sources, it is estimated that the total net worth of Frank Fertitta III, as of mid-2016, counts at the impressive amount of $1.98 billion including residences in Las Vegas and Laguna Beach in California, as well as a collection of post-war and contemporary art. His wealth has been acquired mostly throughout his casino business and ownership of the UFC.
Frank Fertitta Net Worth $1.98 Billion
Frank was raised in “The Gambling Capital of the World” – Las Vegas, alongside his brother, and later business partner, Lorenzo, in a family of Sicilian Americans. His father Frank Fertitta Jr. was the founder and the owner of the gaming company Station Casinos, so it is no wonder that Frank became such a successful businessman. He attended Bishop Gorman High School in his home town, and later enrolled at the University of Southern California from which he graduated in 1984 with a double Bachelor of Arts and Science degree.
After graduation, in 1985 Frank Fertitta III became an Officer and General Manager of Stations Casinos. Just a year later, he transferred to the positions of the Director, Executive Vice-President and Chief Operating Officer where he stayed for the next three years. Then between 1989 and 2000, Frank Fertitta III served as the president of the company. Since 1992, when he, alongside his brother Lorenzo, officially took over the corporation from their father, Frank Fertitta III has been the Chief Executive Officer of the Station Casinos. All these accomplishments have provided the basis for his rather impressive overall net worth.
In 2001, Frank and his brother Lorenzo, alongside their childhood friend Dana White, purchased the declining fight club, mixed martial arts league – Ultimate Fighting Championship. Immediately after buying the UFC, the Fertitta brothers founded Zuffa LLC, an entity which now runs the league. Frank Fertitta III, with his business skills, has managed to expand the enterprise quickly – in just a few years, Zuffa acquired the World Extreme Cagefighting and Pride Fighting Championships. With the popularity of fighting rising rapidly, the overall net worth of Frank Fertitta III has been increased dramatically.
In 2011, Frank led Zuffa LLC in buying the rival MMA organization – Strike Force LLC. In the same year, the company scored an 8-year deal with Fox Broadcasting Company, with an annual worth of $90 million. It is certain that these accomplishments made a huge, positive impact on the net worth of Frank Fertitta III.
Over the years, the guidance of Frank Fertitta III has led the UFC from one of the worst in the USA to becoming a highly successful international sports enterprise and one of the most profitable businesses in the world, with an annual sales of $500 million. The UFC currently has offices in Toronto, Singapore, São Paulo and London. It counts 442 fighters from 38 countries and it is broadcast in 149 countries with almost 1 billion viewers. Doubtlessly, it has been the main source of net worth of Frank Fertitta III.
Although he inherited millions from his father’s business, Frank Fertitta III has managed to multiply his inheritance several times. With his brother, Lorenzo Fertitta, Frank is one of the leading investors in the Meadows Bank. He is also the co-owner of the hotel management company – Fertitta Entertainment.
When it comes to his personal life, Frank Fertitta III is married to Jill with whom he has 3 children; they currently reside in Las Vegas, Nevada.
In 2012, Frank and his wife donated a major sum to the University of Southern California which provided the funds for building the USC Marshall School of Business and established the Jill and Frank Fertitta Endowed Chair in Business.
Apart from his professional business career, Frank Fertitta III is a passionate art collector with an accent on American Pop and Abstract Expressionism. His collection contains artists such as Christopher Wool, Richard Prince, Damien Hirst and Brice Marden, and also includes William Bouguereau’s Morning Breakfast from 1887.
|Net Worth||$1.98 Billion|
|Date Of Birth||February 24, 1962|
|Place Of Birth||Las Vegas, Nevada USA|
|Profession||Entrepreneur, businessman, CEO of Station Casinos, Owner of Zuffa LLC|
|Education||Bishop Gorman High School, Las Vegas, Nevada, University of Southern California|
|Parents||Frank Fertitta Jr.|
|TV Shows||World Extreme Cagefighting, Pride Fighting Championships|
|UFC Embedded: Vlog Series||2014-2017||TV Series executive producer - 42 episodes|
|UFC: Road to the Octagon||2012-2017||TV Series executive producer - 19 episodes|
|UFC Ultimate Insider||2012-2016||TV Series executive producer - 192 episodes|
|The Ultimate Fighter||2010-2016||TV Series executive producer - 32 episodes|
|UFC 200 Greatest Fighters of All Time||2016||TV Mini-Series executive producer - 6 episodes|
|UFC: Best of 2015||2015||TV Movie executive producer|
|UFC: Best of 2014||2014||TV Movie executive producer|
|Forrest Griffin: The Ultimate Fighter||2012||Documentary executive producer|
|Joe Rogan Live from the Tabernacle||2012||Video executive producer - as Frank Fertitta III|
|UFC on FOX 5: Road to the Octagon||2012||TV Special executive producer|
|UFC 122: Marquardt vs. Okami||2010||TV Special executive producer|
|UFC 110: Nogueira vs. Velasquez||2010||TV Special executive producer|
|UFC 105: Couture vs. Vera||2009||TV Special executive producer|
|UFC 95: Sanchez vs. Stevenson||2009||TV Special executive producer - as Frank Fetitta III|
|UFC 87: Seek and Destroy||2008||TV Special executive producer|
|UFC: Silva vs. Irvin||2008||TV Special executive producer|
|UFC 86: Jackson vs. Griffin||2008||TV Special executive producer|
|UFC 85: Bedlam||2008||TV Special executive producer|
|UFC 84: Ill Will||2008||TV Special executive producer|
|UFC 83: Serra vs. St. Pierre 2||2008||TV Special executive producer|
|UFC Fight Night: Florian vs Lauzon||2008||TV Special executive producer|
|UFC 82: Pride of a Champion||2008||TV Special executive producer|
|UFC 81: Breaking Point||2008||TV Special executive producer|
|UFC Fight Night: Swick vs Burkman||2008||TV Special executive producer|
|UFC 80: Rapid Fire||2008||TV Special executive producer|
|UFC 79: Nemesis||2007||TV Special executive producer|
|UFC: Best of 2007||2007||TV Special executive producer|
|UFC 78: Validation||2007||TV Special executive producer|
|UFC: Ultimate Ultimate Knockouts||2007||Video executive producer|
|UFC 77: Hostile Territory||2007||TV Special executive producer|
|UFC 76: Knockout||2007||TV Special executive producer|
|UFC Fight Night: Thomas vs Florian||2007||TV Special executive producer|
|UFC 75: Champion vs. Champion||2007||TV Special executive producer|
|UFC 74: Respect||2007||TV Special executive producer|
|UFC 73: Stacked||2007||TV Special executive producer|
|UFC 72: Victory||2007||TV Special executive producer|
|UFC Fight Night: Stout vs Fisher||2007||TV Special executive producer|
|UFC 71: Liddell vs. Jackson||2007||TV Special executive producer|
|UFC 70: Nations Collide||2007||TV Special executive producer|
|UFC: Fight Night 9||2007||TV Special executive producer|
|UFC 68: The Uprising||2007||TV Special executive producer|
|UFC 67: All or Nothing||2007||TV Special executive producer|
|UFC: Fight Night 8||2007||TV Special executive producer|
|UFC 66: Liddell vs. Ortiz||2006||TV Special executive producer|
|UFC: Fight Night 7||2006||TV Special executive producer|
|UFC 65: Bad Intentions||2006||TV Special executive producer|
|UFC 64: Unstoppable||2006||TV Special executive producer|
|Ortiz vs. Shamrock 3: The Final Chapter||2006||TV Special executive producer|
|UFC 63: Hughes vs. Penn||2006||TV Special executive producer|
|UFC 62: Liddell vs. Sobral||2006||TV Special executive producer|
|Bachelor Party Vegas||2006||Video executive producer - as Frank Fetitta, III|
|UFC 59: Reality Check||2006||TV Special executive producer - as Frank Fertitta III|
|UFC 57: Liddell vs. Couture 3||2006||TV Special executive producer|
|UFC 55: Fury||2005||TV Special executive producer - as Frank Fertitta III|
|UFC 53: Heavy Hitters||2005||TV Special executive producer|
|UFC 50: The War of '04||2004||TV Special executive producer - as Frank Fertitta III|
|UFC 45: Revolution||2003||TV Special executive producer|
|UFC 42: Sudden Impact||2003||TV Special executive producer|
|UFC 41: Onslaught||2003||TV Special executive producer|
|UFC 40: Vendetta||2002||TV Special executive producer|
|Here Comes the Boom||2012||special thanks|