About
- Name: LORENZO FERTITTA
- English name: LORENZO FERTITTA
- Native name: ---
- Alias: ---
- Award: ---
Description: Lorenzo fertitta and his brother, frank, made the bulk of their fortune through mixed martial arts promoter ufc. they bought ufc for $2 million in 2001; an investment group led by wme/img bought it for $4 billion in 2016. they sold their remaining stakes in ufc in august 2017 at a $5 billion valuation. the fertittas took public their casino business, red rock resorts, in 2016. it was founded by their father. they each pledged $7.5 million in 2016 to nyu's stern school of business for a scholarship for veterans.
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