As one of the most talked-about figures, Tilman Fertitta has built a significant fortune. In this article, we dive deep into the assets and career highlights.

What is Tilman Fertitta's Net Worth?

Tilman Fertitta is an American billionaire businessman and television personality who has a net worth of $9 billion. Tilman Fertitta serves as the CEO, chairman, and owner of Landry's, Inc., and is the owner of the NBA team the Houston Rockets. On television, Fertitta starred in the CNBC reality series "Billion Dollar Buyer.

In 2010, Landry's acquired three new restaurant chains: Bubba Gump Shrimp Company, Claim Jumper, and the Oceanaire. The company added two more restaurants to its portfolio the next year: McCormick & Schmick's Seafood Restaurants and Morton's The Steakhouse. In 2012, Landry's opened the Galveston Island Historic Pleasure Pier. Later in the decade, the company acquired B.R. Guest, Restaurants Unlimited, and Del Frisco's Double Eagle Steak Houses. Landry's also re-acquired Joe's Crab Shack, which it had sold in 2006. Meanwhile, the company began developing and acquiring a collection of restaurants called Landry's Signature Group; the collection includes Grotto, Brenner's Steakhouse, La Griglia, and Vic & Anthony's. Among Landry's many other properties are the Post Oak Hotel & Tower in Houston and the Tower of the Americas in San Antonio.

Fertitta began his business career hawking Shaklee vitamins. In the 1980s, he founded and ran a construction and development company, through which he developed the Key Largo Hotel in Galveston.

In 1999, Fertitta was one of the original investors in creating the NFL team the Houston Texans. He remained a partner of Texans ownerBob McNairuntil selling his interest in 2008. Later, in 2017, Fertitta acquired the NBA team the Houston Rockets for an NBA record of $2.2 billion. Through the purchase, he also became the owner of the professional esports organization Clutch Gaming.

Tilman Fertitta was born in 1957 in Galveston, Texas. His father, Vic, owned a seafood restaurant  on Galveston Island. For his higher education, Fertitta attended Texas Tech University and the University of Houston. He studied business administration and hospitality management, but never graduated.

Tilman's third cousins are former UFC ownersFrank FertittaandLorenzo Fertitta. In September 2017, it was revealed that Tilman Fertitta had agreed to buy the Houston Rockets fromLeslie Alexanderfor $2.2 billion. That was arecord price paid for an NBA team at the time. Today the Rockets are worth $4.4 billion. Tilman attempted to buy the Rockets for $81 million in 1991. He lost out to Leslie Alexander who won the deal with an offer of $85 million. Tilman is a former minority owner of the Houston Texans. Interestingly, due to league gambling rules, bettors at Tilman's casinos will NOT be allowed to wager on Houston Rockets games.

In 1980, Fertitta was a partner in the first Landry's restaurant, Landry's Seafood, which opened in Katy, Texas. The next year, he helped open Willie G's Seafood & Steaks in Houston. In late 1986, Fertitta acquired controlling interests in both restaurants, and became the CEO of Landry's. He took the company public in 1993 and began significant expansion. Throughout the decade, Landry's developed and acquired not only other restaurants, but also entertainment, gaming, and hospitality businesses. In 1996, the company purchased the 32-acre San Luis Resort on Galveston Island, and in 1998 developed the Kemah Boardwalk, a theme park. Landry's continued to expand in the 2000s, with acquisitions including Rainforest Cafe, Saltgrass Steak House, Muer Restaurants, Golden Nugget Hotel & Casinos, and the Hilton Galveston Island Resort. In 2003, the company opened the Downtown Aquarium, an entertainment complex in Houston.

In summary, the total wealth of Tilman Fertitta reflects strategic moves.

Disclaimer: All net worth figures are estimates based on public data.