Who is Tilman Fertitta? Rockets owner net worth, association with the NBA franchise

Houston Rockets owner Tilman Fertitta is among richest men in United States today. t only does Fertitta own a successful NBA franchise, but 63-year-old business tycoon also owns popular restaurant chain Landry's along with Golden Nugget Casis. Texas native began his business in 1980s, expanding it to entertainment and dining industry. Along with restaurants, Fertitta also owns some amusement parks and aquariums. 

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Who is Tilman Fertitta? Rockets owner Tilman Fertitta net worth

According to Celebrity Net Worth, Fertitta is currently worth $4.7 billion. He currently stands at 181 on  Forbes 400 2020 list, and 414th on billionaires 2020 list. 

An American businessman, Fertitta is mostly kwn for his Texas-based restaurant chain Landry's, owning  Golden Nugget Casis and Rockets. In 1980s, he started and ran a construction business where he developed Kew Largo Hotel in Galveston – his first major project. He invested in Landry's in 1986 and became a controlling stockholder in 1988. He me company private in 2010 in a deal worth $4.1 billion.

Bubba Gump Shrimp Company, Saltgrass Steak House and Landry's Seafood are some of  restaurants under group. ditionally, he also owns Houston's Kemah Boardwalk, Tower of Americas in San Antonio and San Luis Resort in Galveston, Texas, along with above-mentioned casis. He also wrote a book titled "Shut Up And Listen!", which focused on his experiences in entertainment and dining industry. Fertitta released "Shut Up And Listen!" in September 2020.

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Fertitta's Houston Rockets acquisition

In September 2017, Fertitta decided to buy Rockets from Leslie Alexander for $2.2 billion, which is record price paid for an NBA team. While 63-year-old billionaire wanted to buy franchise in 1991 for $81 million, Alexander outbid him with $85 million. To buy team, Fertitta sold $1.415 billion worth of bonds. 

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Back n, singer Beyonce Kwles was also looking to purchase Rockets. w, Fertitta also owns Clutch Gaming, which is an Esports organization that plays games like League of Legends. ditionally, his casi cant bid on Rockets game due to gambling rules imposed by NBA. 

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(Disclaimer:  above Tilman Fertitta net worth information is sourced from various websites/ media reports. website does t guarantee a 100% accuracy of figures.) 

(Im credits: AP)