About
- Name: FRANK FERTITTA
- English name: FRANK FERTITTA
- Native name: ---
- Alias: ---
- Award: ---
Description: Frank fertitta iii and his brother, lorenzo, made the bulk of their fortune through mixed martial arts promoter ufc. the brothers bought ufc for $2 million in 2001; it sold to an investment group led by wme/img for $4 billion in 2016. they sold their remaining stakes in ufc in august 2017 at a $5 billion valuation. the fertittas took their casino business, red rock resorts, public 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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