RedCarpetLife
Billionaires
Business
Luxury Lifestyle
Lists
World Leaders
Fashion & Style
Tools
Featured Articles
Learn Finance with Arthalogy
Advertise with RedCarpetLife
Contact Us
Careers at RedCarpetLife
Meet Our Authors
About Us
Correction or Feedback
Terms of Use
Privacy Policy
1129
In the world today
Frank Fertitta III

Frank Fertitta III

F. III
-1.45% | - $-55.63M
$3.77 B ₹ 34,326 Cr
Real Time Net Worth #1129 Ranking as of 21 Feb 2026 By Forbes
Check Your Ranking

More on Frank Fertitta III

Gender

Male

Age

63Y

Country

United States

Born On

February, 1962

Deceased

No

Relationship Status

Married

Children

3

Education

University Of Southern California - Bachelor Of Arts/Science

Designation Info :

Self-Made

No

Entrepreneur Type

Family Wealth (Massively Expanded)

Primary Organization

Fertitta Capital

Titles

Chairman

Sources of Wealth

UFC, Station Casinos

Industry

Gaming, Sports, Entertainment, Investments

About Frank Fertitta III

F rank Fertitta III, along with his younger brother Lorenzo, is an American billionaire who built a vast fortune in the casino and mixed martial arts industries. The brothers inherited a small casino business from their father and transformed it by creating Station Casinos, a company that pioneered the concept of high-end casinos targeted at Las Vegas locals, rather than tourists on the Strip. They took the company public, then private in a massive leveraged buyout, and then public again.

Their most famous and lucrative venture was their acquisition of the Ultimate Fighting Championship (UFC). In 2001, they bought the struggling, near-bankrupt mixed martial arts promotion for a mere $2 million. With their high school friend Dana White installed as president, they transformed the UFC from a controversial fringe sport into a global sports and entertainment behemoth. In 2016, they sold their majority stake in the UFC to an investment group led by Endeavor for a staggering $4 billion, one of the largest transactions in sports history. They have also founded their own private equity firm, Fertitta Capital.

Advertisement

Quick Reads

  • He and his brother Lorenzo acquired and built the UFC into a global sports giant.
  • Sold their stake in the UFC in 2016 for $4 billion.
  • Built Station Casinos into a major operator of casinos for Las Vegas locals.
  • The brothers now run the private investment firm Fertitta Capital.
  • Their cousin is the fellow billionaire restaurateur and casino owner, Tilman Fertitta.

Early Life and Background

Frank Joseph Fertitta III is an American businessman, the self-made billionaire CEO of Station Casinos and a founder of the Ultimate Fighting Championship (UFC). Born in Las Vegas, Nevada, in 1962, his family's fortune is rooted in the local gaming and casino industry; his father, Frank Fertitta Jr., founded Station Casinos.

Fertitta graduated from the University of Southern California (USC) in 1984 with a B.A./B.S. degree from the business school. He immediately entered the family business, rising through the ranks to become General Manager, COO, and President before assuming the role of CEO in 1992. His entire career is defined by the high-stakes, high-leverage world of casino ownership and professional sports entertainment.

Career Journey of Frank Fertitta III

Frank Fertitta III's strategic leadership transformed Station Casinos into a dominant force in the local Las Vegas gaming market, focusing on casinos designed for local residents (the locals market) rather than just Strip tourists. This focus provided stability and massive, continuous revenue. He has been the CEO since 1992.

His most visible and profitable venture was outside the casino sector: in 2001, he and his brother Lorenzo Fertitta co-founded Zuffa LLC, the parent entity of the Ultimate Fighting Championship (UFC). They transformed the struggling mixed martial arts (MMA) promotion into a global media and sports entertainment powerhouse. The brothers sold their majority stake in the UFC for $4 billion in 2016, securing one of the largest exits in sports history. Frank III's wealth is secured by the massive appreciation of both his gaming and sports assets.

Advertisement

Frank Fertitta III's Timeline

1984:

Graduates from USC with a B.A./B.S. in business (Academic Achievement).

1992 (July):

Becomes CEO of Station Casinos (Executive Ascent).

2001:

Co-founds Zuffa LLC (parent company of UFC) (Sports Founding).

2016:

Sells the majority stake in the UFC for $4 billion (Major Exit).

2022:

His company loses an $8 million lawsuit brought by DJ Kaskade over a nightclub contract (Legal Controversy).

Ongoing:

Continues as CEO of Station Casinos and a major political donor (Executive Oversight).

Major Business Ventures and Investments

Frank Fertitta III's wealth is concentrated in his controlling stake in the private gaming giant, Station Casinos, and his immense liquid capital from the UFC sale.

  • Station Casinos (CEO & Controlling Owner): The core private asset, a major owner/operator of casinos and resorts in Las Vegas, specializing in the local residents' gaming market.
  • Ultimate Fighting Championship (UFC) (Co-founder, via Zuffa LLC): The massive global MMA sports entertainment company, sold for $4 billion in 2016.
  • Palms Casino Resort: A major asset once owned by the family, now a destination resort.
  • Political Focus: He and his wife are major Republican donors in Nevada, contributing millions to Republican candidates and causes (including Donald Trump's 2020 campaign).

Advertisement

Philanthropy and Social Impact

Frank Fertitta III's social impact is structural, stemming from his creation of thousands of stable jobs in the Las Vegas gaming and hospitality industry. His co-founding of the UFC created a global professional sports league, providing a massive cultural and media asset.

His personal philanthropy supports various educational and community initiatives. His career is a testament to the profitability of identifying and dominating highly specialized niches in the entertainment and gaming sectors.

Fashion, Style, and Lifestyle

Frank Fertitta III maintains the professional, composed style of a Las Vegas executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic is one of serious authority, reflecting his control over the massive gaming and sports empires.

Residing in Las Vegas, Nevada, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is defined by his commitment to the high-stakes world of gambling and professional sports.

Advertisement

Quotes and Philosophy

No publicly available quotes.

Fun Facts & Trivia

  • He is the CEO of Station Casinos and a co-founder of the UFC (Ultimate Fighting Championship).
  • The UFC was sold for $4 billion in 2016.
  • His family's casinos focus on the local residents' gaming market in Las Vegas.
  • He and his wife are major Republican donors in Nevada.
  • He lost an $8 million lawsuit brought by DJ Kaskade.
  • His third-cousin is fellow businessman Tilman Fertitta (owner of the Houston Rockets).
  • He has been the CEO of Station Casinos since 1992.

Advertisement

More Profiles

Daniel Loeb

Daniel Loeb

#1109

-0.1% | -$3.74M

Albert Boehringer

Albert Boehringer

#615

+0.21% | +$14.02M

You May Like

Sources & References

This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

Sponsored Content