does tilman fertitta own a yacht

Vitamin seller turned richest restaurateur in the world, Tilman Fertitta’s $150 million superyacht, is a masterclass in how to go big or go home! The Houston Rockets owner’s 252-foot-long vessel has a custom wine cellar, mosaic-lined pool, massage room, and multiple bars.

American billionaire Tilman Fertitta owns the $150 million Boardwalk superyacht-

Worth $12.4 billion , Tilman Fertitta is the chairman and chief executive of Fertitta Entertainment, which owns the Golden Nugget Casinos and the restaurant chain Landry’s Seafood. Born into the seafood restaurant business, Fertitta started his career by peeling shrimp in his father’s restaurant after school. Over the years, he has acquired and expanded several prominent restaurant brands, including Bubba Gump Shrimp and Saltgrass Steak House.

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• cool spaces

Cool Spaces: Step aboard Tilman Fertitta's luxury mega-yacht

At 164-feet long, 31-feet wide and almost 500 tons, this is no ordinary yacht. Welcome aboard "The Boardwalk", Houston businessman Tilman Fertitta's luxury ocean vessel and favorite toy.

The $40 million yacht has 12 bedrooms, 15 bathrooms, grand salons, and a true chef's kitchen with steamers, warming drawers, and walk-in fridge and freezer.

The master suite features an owner's office, opulent bedroom with space to spare, and a gorgeous bathroom.

No expense was spared on the outdoor space either. "The Boardwalk" boasts multiple decks, lounges, scooters for land excursions, and even a helicopter pad.

Fertitta, his family and crew travel the world on the yacht. Some of his favorite stops are the Bahamas and the Mediterranean.

"It's one of those things I always wanted and I'll always have. It isn't cheap, I can tell you that," Fertitta said with a smile. "But every time I walk on it, I tell myself, 'God, I love this boat.'"

SEE ALSO: Jerry Jones becomes owner of new $250 million 'superyacht'

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Tilman Fertitta debuts new $150 million mega-yacht in Galveston

The Mardi Gras floats may be put away until 2023, but Tilman Fertitta's new mega-yacht, "Boardwalk," will probably be afloat indefinitely.

Fertitta introduced the 252-foot floating palace last week in Galveston during his family's annual Mardi Gras bash, the San Luis Salute.

Photo : Creative Commons

Actually, this is the second "Boardwalk." It replaces an apparently used-up and obviously inferior 153-foot model.

Designed by De Voogt Naval Architects for about $150 million, the new-and-improved boat has 12 bedrooms, 15 bathrooms, a genuine chef's kitchen, a swimming pool, and a helipad.

Don't forget the wine room, crystal chandeliers and a 16-seat dining table. And since it has three levels, it comes with a handy elevator.

The family will apparently hold on to the original "Boardwalk," presumably for navigating waters that won't accommodate the larger craft. Or perhaps for hosting B-List celebs.

Fertitta, CEO and owner of Landry's Inc., also owns the Houston Rockets.

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🔒Insiders: Go inside Tilman Fertitta’s ultra-luxe yacht, a ‘mansion on the water’

Amanda Cochran , Digital Special Projects Manager

HOUSTON – Houston billionaire and Rockets owner Tilman Fertitta showed KPRC 2 inside his luxurious new yacht he docked in Galveston around Mardi Gras.

This is Fertitta’s sixth yacht. The owner of the restaurant giant Landry’s, Inc. and Golden Nugget Casinos told KPRC 2′s Frank Billingsley he played an integral part in designing “the boat” -- the term he prefers for the massive yacht he has dubbed The Boardwalk. The yacht, he explained, was ordered several years ago and took two-and-a-half years to build. It was finished during the pandemic.

Fertitta said in addition to a pool, luxury accommodations, bars on each level and water sport vehicles, the yacht has a full office with full communications around the world.

In addition to docking in Galveston, Fertitta said in the next few years he plans to enjoy “the boat” around the world, with plans to dock in places like the Bahamas, Mexico, Greece, Croatia and more.

Watch more with Fertitta and Billingsley in the video above.

You can also take a detailed look inside the massive yacht below and learn more about how the yacht is manned with the yacht captain in the second video below.

Copyright 2022 by KPRC Click2Houston - All rights reserved.

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The CEO of Jefferies Just Sold $65 Million in Shares to Buy a Yacht

Rich handler is reportedly taking over a boat from billionaire tilman fertitta., tori latham, tori latham's most recent stories.

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Rich Handler is preparing to cruise the high seas.

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Handler offloaded 1.5 million shares at the price of $43.50 each, Bloomberg noted—about 7 percent of his aggregate holdings. Following that sale, he now owns some 19.25 million shares in Jefferies, which he has accumulated during his 34 years at the company. Along with the yacht, Handler will use the profits from the recent sale to pay tax obligations.

As for his new vessel, Handler is reportedly buying the boat from his friend and Jefferies client Tilman Fertitta , a person familiar with the transaction who asked to remain anonymous told Bloomberg. Fertitta, who’s worth $11.8 billion, is best known for operating the Golden Nugget casinos and owning the Houston Rockets. His relationship with Handler stretches back years, and he even spoke with Bloomberg about the Jefferies CEO back in 2021. (Notably, Fertitta mentioned that he had recently hosted Handler on his yacht—perhaps the same one Handler is now taking possession of.)

“When we’re sitting around at night and talking and I think Rich is getting too big for his britches just because he’s worth a billion dollars now, I pull out my financial statements and put him back in his place,” Fertitta said at the time.

The two businessmen have also collaborated on their own companies: Eight years ago, their Landcadia Holdings went public, Bloomberg noted. And their Landcadia Holdings III merged with a hardware supplier to become Hillman Solutions. Now, with the yacht transfer, they seem to be working together on a deal of a more personal nature.

Tori Latham is a digital staff writer at Robb Report. She was previously a copy editor at The Atlantic, and has written for publications including The Cut and The Hollywood Reporter. When not…

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Westport 164: Boardwalk

• By Diane M. Byrne
• Updated: October 31, 2011

Westport 164

There are repeat yacht buyers, and then there’s Tilman Fertitta. Fertitta is chairman, president and CEO of Landry’s Restaurants, one of the largest privately owned restaurant, entertainment and gaming firms in the United States. Given that his company owns eateries ranging from the Bubba Gump Shrimp Co. to the Chart House, as well as operating the Golden Nugget casinos, Fertitta knows a thing or two about hospitality. And in his role as a father of four, he understands how to keep kids entertained.

No wonder, then, that his 164-foot Westport Boardwalk reflects a mix of spaces meant for grown-up fun and family-friendly gatherings. Fertitta made Boardwalk fully his own, and different from the six deliveries in the Westport 164 series that came before her. He took full advantage of the customization that the Pacific Northwest builder offers, a level that other series builders rarely permit.

Prior to commissioning his 164, Fertitta owned a Westport 112 and then a 130, both christened Boardwalk . While each of the three models differs from the others they share some similarities. You’ll spy the first upon stepping inside from the main afterdeck doors. Directly to port, there’s a stone-top wet bar with leather-clad bar chairs. The setup worked well aboard the smaller Westports, without impinging on the rest of the salon’s space, so why not incorporate it aboard the 164, especially given the extra floor space afforded by the length overall and nearly 31-foot beam?

See the complete photo gallery here .

The other major similarity is also on the main deck. Boardwalk ‘s galley has a dining spot much like a country kitchen does. Fertitta’s 112- and 130-footers featured Westport’s standard country kitchen arrangement, and he preferred this to the stainless-steel commercial look that Westport offers as the standard galley design on the 164. Whether cruising stateside or in the Med, as Boardwalk did this summer, Fertitta wanted an open, warmer ambience where he and his family could feel welcome while the chef and stews were at work. As a result, the galley is rich with stone-top counters and wood-clad cabinetry. The welcoming feel is aided by bar stools that pull up to the island cooking area, ideal for observing the pros at work or for sneaking samples out of the pots when the chef isn’t looking.

Boardwalk incorporates a handful of other customized touches as well. There are loose furnishings on the afterdeck, easily moved when entertaining large groups or rearranged into intimate relaxation areas on private trips.

Normally an elevator rises through the trideck 164, but Fertitta specified a stairway instead, something that a few other 164 owners also chose.

Aboard Boardwalk , the stairway treads are floating affairs, with a sturdy yet elegantly curving stainless-steel handrail outboard, along the mahogany-lined walls.

To lessen the formality of the dining area, Fertitta requested a smooth flow-through from the salon, skipping the customary central buffet that acts as a room divider. The arrangement still avoids the “bowling alley” look, and it’s simultaneously family-friendly and suitable for big gatherings.

In the master, rather than have the standard separated his and her heads, Fertitta wanted one full-beam bath. In another change, the vista bar, a standard wet bar tucked forward to port off the skylounge, is more like an intimate wine-tasting area, since Fertitta has it equipped with glass-front bottle stowage. Plenty of extra televisions are aboard as well, from the main afterdeck bar to the full-beam master bath (the TV is camouflaged as artwork when off) to the galley’s dining spot. And to help set various moods day or night, plus highlight the colorful, specially commissioned artwork throughout Boardwalk , a great deal of attention was paid to lighting.

Of course, some areas aboard Boardwalk follow the standard Westport 164 layout, which has both typical and atypical features. A good example of the latter is the upper-deck VIP stateroom, which benefits from a private sun deck. There are four more guest staterooms, all on the lower deck. Fertitta can stay in touch with his various businesses while in the office within the main-deck master suite. The room doubles as a lounge, with comfortable seating opposite the desk. Doors connecting it to the owner’s foyer just aft and the sleeping area just forward can close for more privacy. And guests can watch the captain at work from a raised observation settee in the pilothouse.

The crew also benefit from keeping some things the same aboard Boardwalk . The crew’s quarters (accommodations for 10 in five cabins, in addition to the captain’s stateroom) have service access to the guest staterooms via a dedicated housekeeping area. An automatic door leads from the galley to the formal dining area, and a dumbwaiter makes serving hors d’oeuvres or full meals easier while dining abaft the skylounge. Also, when Fertitta, his family or guests want to explore an anchorage, the crew can retrieve fishing rods and dive gear and launch the tender from the garage.

The toys were put to good use this summer while Boardwalk was exploring the Mediterranean. She also put her own propulsion package to the test: twin MTU 16V 4000s, which permit a reported 20-knot cruising speed and 24-knot top end (each at half load). Range at cruising speed is reported to be 1,700 miles, though it naturally increases to 5,200 miles when speed is reduced to 12 knots.

As a repeat yacht owner, Fertitta knows what works well. Being a repeat Westport client, he also knows that a turnkey construction approach can still successfully offer tailor-made options. When a buyer and builder understand each other as well as these two do, the end result is a yacht as custom as you can get without compromising production principles.

LOA: 163’10” BEAM: 30’10” DRAFT: 7’3″ DISPL.: 690,000 lb. (half load) FUEL: 20,000 gal. WATER: 2,000 gal. HOLDING: 1,500 gal. black water CONSTRUCTION: Fiberglass DESIGN: William Garden and Taylor Olson (hull), Donald Starkey Designs (styling) INTERIOR DESIGN: Donald Starkey Designs GENERATORS: 2 x 99 kW and 1 x 65 kW Northern Lights BOW THRUSTER: American Bow Thruster WATERMAKER: Sea Recovery, 2 x 3,000 gpd ENGINES: 2 x 3,650 hp MTU 16V 4000 diesel inboards SPEED: 24 knots max, 20 knots cruise RANGE: 5,200 nautical miles at 12 knots PRICE: Upon request Westport, 954-316-6364; www.westportyachts.com

Click here to view a photo gallery of the Westport 164 Boardwalk.

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• The Woodlands

Billionaire Tilman Fertitta lords over a 500-company strong business empire from his Houston headquarters.

There are few quiet moments for Tilman Fertitta in his top-floor office. (Photo by Max Burkhalter)

Tilman Fertitta's own TV moment is decidedly more real than anything on premium cable. (Photo by Max Burkhalter)

"Billion Dollar Buyer" director David Tibbals and Tilman Feritta go over a show clip. (Photo by Max Burkhalter)

Michael, Paige, Tilman, Blayne, Blake and Patrick Fertitta flank their parents Paige and Tilman Fertitta at the 20th San Luis Salute.

Tilman Feritta does touch-ups for his new TV show. (Photo by Max Burkhalter)

Bobby Axelrod — the billionaire on Showtime's Billions — may not be such a farfetched character.

Tilman Fertitta's 164-foot yacht, Boardwalk, creates plenty of envy in ports around the world.

Tilman Fertitta quickly grasped TV's nuances. Photo by Max Burkhalter.

Tilman’s World: The Life of Houston’s Most Famous Billionaire — a Rare Inside Look

I t is 9’o’clock on a Saturday night, and Tilman J. Fertitta finds himself engaged in a fourway email thread. The other participants? Pitbull , the American rapper with two career No. 1 hits on the Billboard 100 and 22 million Twitter followers; Michael Milken , the once-disgraced financial wizard infamously dubbed “The Junk Bond King” who’s recast himself as a medical philanthropist; and Scott Kelly , the astronaut who recently returned from a year in space. “I was emailing these three people at the same time, and it dawned on me,” Fertitta says. The billionaire who’s now clearly the best-known businessman in Houston immediately nudged his companion and offered a look at his phone.

“I mean you have three different people from three different ways of the world,” Fertitta says. “An astronaut-scientist, an entertainer and the greatest financial mind of the 20th century probably, who created the leverage finance … ” Fertitta stops himself, still smiling, but clearly packing any wonder away. “But that’s just what I do, so it wasn’t a big deal to me.”

Just a normal Saturday night? “No, I wouldn’t say that was a normal, normal,” Fertitta quickly shoots back, “but at any time, I could be exchanging a call or email with them.” Some of this life comes with the territory of being a Forbes-certified billionaire — as Feritta himself notes, “It’s a nice club to belong to, okay.” But some of it is just Tilman, the guy who has always found it easy to connect with people and turn opposing supernovas into eventual friends.

“I was the person that got these two together,” he says at one point, picking up a framed photo of Bill Clinton and George H.W. Bush embracing each other and Fertitta. That came on the heels of Fertitta lending Clinton and Bush his private plane to lead the U.S.-aid efforts in the wake of the devastating 2004 Indian Ocean tsunami. Fertitta has been brokering unlikely partnerships like this for years — not to mention, the string of acquisitions and takeovers that grew his Landry’s Inc. into the conglomerate that owns and operates more than 500 restaurant, hotel, casino and entertainment properties today with the man himself lording over them all from his Houston headquarters. Still, Fertitta remained something of an unknown figure outside of Texas’ borders, partly by design.

“He’s kept under the radar a bit,” says David Tibballs . Tibballs, the Englishman behind a run of successful reality TV shows, including Property Virgins and Dragon’s Den , the United Kingdom precursor to the U.S. hit Shark Tank , seems intent on changing this. Tibballs quickly tabbed Fertitta as a star after watching clips of a few of Fertitta’s appearances on CNBC and created a new show, Billion Dollar Buyer , around the tycoon who carried his grandfather’s briefcase everywhere as a little kid and told everyone he had his “business” in there.

Luxurious Bath & Candles

The show’s already a hit for CNBC, picked up for a second season after just one episode of the first season. It showcases the 58-year-old Fertitta’s one-liners, everyman charm, business nerd’s love of all things business and a little bit of the toughness that helped propel him to the top. “If anything I probably look a little better (on the show) than I am,” he says. “I get tougher than that.”

Fertitta is more strict teacher than ferocious shark on Billion Dollar Buyer . Each episode matches him up with two striving businesses vying for his life-changing buy. The platform’s tailor-made for a billionaire who remembers what it’s like to be scratching and clawing for one’s business life. When the young twentysomethings behind an Austin cocktail syrup company ask Fertitta how he got into town in episode two, he’s almost apologetic about telling them he took his own helicopter.

“I made it real clear from day one, I’m not going to be an ass, okay,” Fertitta barks to the reporter sitting across from his desk. This is Tilman Fertitta’s TV moment, and he’s going to make sure he controls it.

Seeing Green

  “There’ll be more than one take, believe me,” Fertitta cracks. It is weeks later now, inside the long boardroom connected to Fertitta’s impressive top floor office in the Landry’s headquarters building on West Loop South, and the Billion Dollar Buyer crew is here, filming touch ups. This involves Fertitta sitting in front of a giant green screen, redoing lines from the show that weren’t picked up in the original on-location shoots due to background noise and the like. Sometimes, this means numerous repetitive takes, something that can wear on a man who has 100 million dollar deals working in the next room.

“I’m taking the microphone off,” Tilman declares at one point, essentially calling the day a wrap himself. He reaches under his T-shirt and yanks the little mic off his chest too, triggering some quiet concerned looks from the crew, but he comes back minutes later to reattach it and do another take that Tibballs feels he needs. Mostly, what comes through in this session is how quickly Fertitta’s picked up on TV’s nuances — including the value of breaking up the drudgery for the crew with some light moments and maybe a little good natured ball busting.

“Let me read the whole paragraph, I’ve got to get in the mood,” he says, drawing smiles in the midst of one arduous redo. But nothing tops the moment when Tibballs demands that he deliver one explanatory line as straight and emotionless as can be. “I always talk with inflection,” Fertitta moans. He’s right, it takes more than 10 takes for him to pull off a truly monotone voice. The guy’s not boring, even when he’s trying to be.

“Are we picking up that siren?” Fertitta asks at one point, noticing a fire truck’s wail on the street far below. Tibballs grins. The savant is at work again. Darn if Fertitta’s not right, the sirens have ruined the take. “He has that attention to detail thing,” Tibballs says later. “He can spot a busted light bulb at 1,000 yards. That whole thing.”

Fertitta seized on his particular gifts early. “You want to know the truth?” he says by way of explanation. “When I was sitting there as a junior in high school, trading stocks and not studying for a history exam. Just kind of realizing early on — you start looking back to your early years — when you’re a little kid and you’re not watching a lot of cartoons or reading comics, but you’re carrying around your grandfather’s briefcase with your business in it. ‘I’ve got my business in here.’ It’s just like a musician knows or any artist knows, you just know. I never thought I wasn’t going to be successful.”

Fertitta excels by almost instantly identifying why a business is going to be successful or why it will fail. “That’s my gift,” he says. “I can’t write, but I can do that. Big business or little business. You can give me certain numbers — and there are certain numbers I want on any company — and I’ll have it figured out in five minutes. That’s not the problem. That’s just what I do. I just understand it. And it’s just a gift. It’s just a gift. And I thank God for the gift.”

It’s a gift that Fertitta latched onto with the force of a pit bull’s lockjaw bite. He now owns more than three dozen well-known restaurant chains, having acquired them and moved their corporate headquarters to Houston under the Landry’s umbrella, including Bubba Gump (formerly of Monterey, California) Chart House (Chicago), Claim Jumper (Newport Beach, California), McCormick & Schmick’s (Portland), Rainforest Café (Minneapolis), Mitchell’s Fish Market (Columbus, Ohio) and Morton’s steakhouses (Chicago). He owns five Golden Nugget casinos and all the restaurants and nightclubs in them. He also owns six other hotels, including the San Luis Resort, Spa and Conference Center in Galveston and the Westin right across the street from Minute Maid Park. Sometimes, it seems like he owns the world — and Fertitta is not done yet. His newest Houston project — The Post Oak , a gleaming new 35-floor high-rise that will rise on West Loop South, next to Landry’s headquarters building, and include a ultra high-end hotel, luxury apartments with rents running from $6,000 to $9,000 per month, new restaurants, shops and office space — is one of Fertitta’s most ambitious, high-end and personal projects yet. A model and video of The Post Oak is one of the first things visitors to Landry’s headquarters see. He will spend $1 million just to transport and replant large oak trees on the project, slated for a December 2017 completion. This isn’t a development where corners will be cut. In many ways, this will be the showpiece of Fertitta’s ever-growing empire.

F ertitta still obsesses over his numbers. It gives him his edge. He looks at 60 emails every morning before he ever gets to the office, seeing the bigger numbers coming in all the little details. Once he’s in the office, he pours over the one-page informational recaps he’s trained his department heads to distill everything down to, the better to see the numbers that truly matter clearly. “I can tell you everything about the company today basically from these four pieces of paper,” he says.

The old Tom Wolfe ‘Master of the Universe’ stereotype sometimes seems to apply to Fertitta. He sits at a giant raised desk with six monitors behind his head, with several of them showing live feeds of his various properties (blackjack tables at his Golden Nugget casinos, the H2o Lounge at his San Luis Resort in Galveston). Fertitta is not a particularly physically imposing man; he’s of average height and weight. He doesn’t dress in fancy three-piece suits — a simple black T-shirt, dark jacket, black jeans or dark slacks ensemble represents his signature look. Still when he’s sitting here on his throne, it’s easy to see how employees might think he has eyes in the back of his head.

Fertitta is no slave to business convention, though. He has no interest in being one of the first people in the office every morning. Instead, this CEO lets everyone else get settled while he reads newspapers and looks at emails at his River Oaks home. He’ll get in late mornings on the days he’s not globetrotting. “I’m not an early person,” Fertitta says. “I’m a late person. Which seems to be a lot of successful people kind of a standard. Like to work late. It’s kind of weird. Now if you came here at 8’o’clock this place would be busy. Last night we all left at 8:30.”

The vibe’s decidedly casual for a Fortune 500 company. Many of Fertitta’s highest-ranking VPs walk around in blue jeans, there is hardly a tie in sight and the only time Fertitta seems to put on his sports coat is when he has a meeting to attend or filming to complete. “I don’t think I’ve ever met a more down to earth successful billionaire,” says Tibballs, who specializes in turning “high-net worth individuals” into TV stars.

Even though he’s on top now, the 58-year-old Fertitta seems to miss the Houston business scene of the 1980s and 1990s, one dotted with characters rather than mammoth corporations. He recalls Houston bankers and power players Walter Mischer  and Ben Love fondly and wonders when the next originals are going to join him in the arena. “Nobody is around who was around in the ’80s with me because I was so young,” Fertitta says. “But you still had huge names for 25-30 years. And they’re basically all gone now. You used to be able to say name me five huge business people in Houston and you could just reel off five names. Stop somebody on the street and ask them that today. Who are they going to name? Me.

“In Houston, it’s weird. It’s kind of a shame if you want to know the truth. It really is.”

The Trump Card

  Tilman Fertitta happens to be a billionaire with his own TV show. The comparisons are as inevitable as sticky sweat on a July Houston day. When he walks the streets, especially in a place like New York City where his public recognizability seems to have increased a hundredfold since Billion Dollar Buyer ’s debut, people come up and tell him he should run for president. Because of that other guy.

Fertitta likes to claim that the only subjects he truly knows anything about are business, politics and sports. So maybe it’s no surprise that Fertitta follows Donald Trump’s presidential campaign. The extent to which he studies Trump catches one for guard, though. For Fertitta places himself in Trump’s shoes and imagines how he’d field the questions Trump faces on the campaign trail much more effectively.

“I’ve taken a lot of those questions and thought about how I would answer them,” Fertitta says. “And there are such easy ways to answer them without offending people. It’s not that difficult. It’s just not that difficult when you’ve already captured everybody. As popular as Trump is right now, I think he could be up another 10 or 20 points if he would have just not said some of things he said.

“I don’t think it’s very smart because obviously he did something to capture people and he could have captured a lot more.”

One of Fertitta’s many takeovers is an Atlantic City casino that once bore Donald Trump’s name. Everywhere. Feritta’s overhaul crew discovered 5,000 untouched Trump bobbleheads while cleaning the casino out for a complete revamp. Fertitta notes, “They were going to throw them out, I said, ‘Nah. Let’s keep ’em.’ ”

“Rhonda, did I ever get my Trump bobblehead from Tom?” Fertitta calls out his open office door to Rhonda DePaulis , one of his two assistants, both of who have been with him for more than 20 years. “Call (Golden Nugget Atlantic City general manager) Tom Pohlman and tell him to send me one.

“There’s got to be something I can do with these bobbleheads to have some fun.” Fertitta grins, the possibilities dancing in his head. The guy who sees every business angle also likes to have some fun. “I’m not an old man,” Fertitta says. “I can still go out to a club or whatever. I’ve just been around for a long time.”

F ertitta is a longtime family man and his four kids — Michael , Patrick , Blayne and Blake — are growing up fast. He no longer worries about them turning into the type of stereotypical rich kids you’d see in a bad reality TV show. Instead, he speaks of them with a father’s unmistakable pride.

“The kids aren’t spoiled at all,” Fertitta says. “You know, what is spoiled? I think my kids are a good example. Do they know how to spend money? Yeah, but everybody will tell you they’re also the nicest of all the kids. And so is that spoiled? My whole deal is how do other people see you. And the other parents see my kids as the most courteous and polite kids. And that makes me happy.”

How do you raise unspoiled kids when family vacations are taken on dad’s private jet; a 164-foot super yacht named Boardwalk is at your beck and call; and biggest sports stars in town show up at your house every year for a Houston Children’s Charity party? Fertitta does not hesitate for a second on his answer.

“I think they had the right mother,” he says. That would be Paige Fertitta , the elegant red-headed beauty whose smiling picture occupies its own special place in the middle of a table in Tilman’s office.

Taking The Under

If Fertitta is Houston’s new kingmaker, he comes at it with love for underdogs that not only fits his new show, but reflects back on his own start working the floor of his father Vic’s lone Galveston restaurant, Pier 23 . One of Fertitta’s more public roles — serving as chairman of the University of Houston System’s Board of Regents — grew out of his old dismay at how UH missed out on getting into the Big 12 Conference in large part due to state politics.

“I hate to use the word tragedy because nobody died, but it was extremely unfair because the governor ( Ann Richards) and speaker of the house were both Baylor graduates, Baylor got in over the University of Houston. So ever since then they were an underdog for the next 20 years. They got dealt a bad hand so I wanted to help them get out of it,” Fertitta says.

A drive to ensure Tom Herman stayed as the University of Houston’s football coach after a 13-1 season spurred Fertitta to secure Herman a $3 million-a-year contract last winter. Fertitta sees it as one strong leader recognizing another. “What Tom has the ability to do is that not only does he know X’s and O’s, but he knows how to motivate. And a lot of times a coach either knows how to motivate or he knows the X’s and O’s. The coach at Texas who just retired a couple years ago, Mack Brown . Mack Brown was a great people person and a great motivator, but he wasn’t known to be a great X’s and O’s guy. I think Tom has the ability to do both. He took not a lot of talent a real long way.”

Sports memorabilia gets prominent spots in the glass display cases in Fertitta’s office, including an NBA championship ring from his team as a minority owner of the Houston Rockets. If there is a void in this billionaire’s remarkable story, Fertitta figures this is it. “I would say that’s one thing I’d like to do: Own a sports team,” he says. “If somebody said, ‘What did you not do that you wanted to do? Own a sports team. But the problem is I’m so loyal to Houston, it’d be kind of hard to own something somewhere else.”

Fertitta obsesses over getting more Houston onto his TV show, too. Billion Dollar Buyer’ s first episode played out as a virtual love letter to the city with Texas Avenue, the “We Love Houston” sign and the Eatsie Boys food truck all drawing prominent cameos. “I’ve been beating on them about more Houston shots,” Fertitta says. “It’s good for Houston.”

TV’s realities sometimes block the billionaire, though. One hundred hours of footage were shot for Billion Dollar Buyer ’s first season — and that’s eventually cut down to the four hours and 42 minutes that make the air. Sometimes, Fertitta cannot help but try and direct it all a little. “He’s funny,” says John Gumina , Billion Dollar Buyer ’s director of photography. “But he gets his point across.”

Fertitta relates to fictional TV billionaires as well, professing to enjoying the new Showtime series Billions and its hard-charging New York billionaire Bobby Axelrod . “I think it’s a good show,” he says. “Yes, you could have a person like this one hundred percent. I mean I think that if somebody truly followed me around and you edited it down to the exciting moments over a 30-day period, I think somebody could say the same things about me. You live an interesting life.”

S pend any time with Fertitta and you’re struck by how many people want his time — cocktail hours represent perilous endeavors likely to leave him with a dozen business cards crammed in his hands and at least that many pitches thrown his way — and how he always seem to have some for his friends.

“I have a saying and my best friends totally agree, ‘Make your friends your friends’ and don’t worry about anyone else,” Fertitta says. “Make your friends your friends. Coming out of the ’80s, you had so many people in the SEC frauds. I don’t know if they really did something in that manner or not. But you had a lot of people go to prison. A lot of people abandoned them. I still, when they got out, invited them to parties or whatever. They were my friends.”

Fertitta shrugs. Up here on the eighth floor, seemingly on top of the world, it’s not always easy to see down. Fertitta knows he wants Landry’s to be around for another 150 years, no matter how different it becomes or if it even stays in restaurants at all. “All four of my kids want to be involved in the business,” he says. “None of us are artists or musicians. They like business. They grew up around it.”

The man with the $3.2 billion net worth looks up. “I probably told you too much,” he says. Fertitta looks around, his empire still visible on those screens behind his head on a day when his penthouse office balcony’s shrouded in clouds. The best-known businessman in Houston makes it clear he’s not planning to get off this stage anytime soon.

“I’m really no different than I was 25-30 years ago,” Fertitta says. “Do I have a nicer office or nicer this or that? Yes, but that’s no big deal. I’m still the exact same person. I still get upset over the same stupid things and I still get excited over the same little things.”

Fertitta glances at his phone. “Hold on, I’ve got an issue to take care of.”

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Photo: CNBC

Tilman Fertitta House: Inside his Massive Houston Texas Estate

Tilman 's house photos.

Updated on April 19, 2021

If you’re a basketball fan, then chances are you’re already aware of Mr. Tilman Fertitta aka the current owner of the Houston Rockets. This savvy businessman and television personality has built an empire in the billions and even wrote a book titled Shut Up and Listen!,  which was released in  September 2019. If you’re interested in learning more about this business magnate including his lifestyle, family, and the iconic Tilman Fertitta home, then you’re in luck. We’re here to give you the #411 on any and everything relating to him, and his infamous Tilman Fertitta house!

Where does Tilman Fertitta live?

Tilman fertitta house houston.

Fertitta and his family live in a massive palatial estate located in the swanky River Oaks area of Houston, Texas.

Tilman Fertitta House River Oaks

This gated estate is definitely one for the books. The $7.45 million home sits on a 5.4-acre lot and includes amenities such as an outdoor pool, a tennis court and a 1,323-square-foot garage complete with 11 parking spaces. The home itself (including the guest quarters) is a whopping 25,548 square feet. The main house has 6 bedrooms and 7 bathrooms. 

The entrance of the home comes complete with a grand foyer which also includes a sweeping spiral staircase that rises up to the second floor. It additionally includes a family room, living room, a terrace, and a summer kitchen. There are 17 rooms in total in addition to an elevator and a fireplace.

Tilman and his family are in great company when it comes to high profile neighbors. Mega-pastor Joel Osteen’s house is just half a mile from Tilman’s. 

Mr. Fertitta and his family are known for opening up their home annually during the Christmas holiday season in order to host a Santa’s Elves party which benefits pediatric cancer research at M.D. Anderson Children’s Cancer Hospital. 

Tilman Fertitta Net Worth

As of 2019, it’s estimated that Mr. Fertitta is worth an insane $5.3 billion. That’s a lot of cash — and he spends it quite lavishly. 

Tilman Fertitta Helicopter

In addition to owning two private jets and a yacht, it’s also been reported that Fertitta owns two helicopters. Clearly, the man loves to fly in style. But none of this compares to his infamous Boardwalk yacht. 

Tilman Fertitta Yacht

Fertitta also owns a massive yacht called Boardwalk which was named after Kemah Boardwalk located on Houston’s Clear Lake. The superyacht is 50 meters long, which translates to 163 feet and has 6 bedrooms with the ability to house 12 guests. It also has 5 additional cabins which are used to house 10 crew members. According to reports, the yacht set him back a whopping $40 million.

View this post on Instagram A post shared by Tilman J. Fertitta (@tilmanfertitta) on May 6, 2016 at 5:20pm PDT

Tilman Fertitta Private Jet

He always told himself he’d have a jet by 35 years old, and he did. He’s quoted as saying he knew he had made then. Well, duh!

Tilman Fertitta Family

Tilman fertitta wife.

Tilman Fertitta is married to his wife Paige Fertitta. According to reports, Paige was initially a little skeptical about dating Tilman, who had to ask her three times before she finally agreed.

Tilman Fertitta Kids

Fertitta and his wife have five children. Their names are Michael Fertitta, Patrick Fertitta, Blayne Fertitta, Blake Fertitta, and Victor Fertitta.

View this post on Instagram Happy Mother’s Day, Paige. Our kids are so blessed to have you to call Mom! #luckykids #happymothersday A post shared by Tilman J. Fertitta (@tilmanfertitta) on May 14, 2017 at 1:53pm PDT

Lorenzo Fertitta Net Worth (is he related to Tilman?)

Much like his counterpart Mr. Tilman Fertitta, Lorenzo Fertitta has also made his way into the public eye due to his various successful business ventures including becoming part-owner of UFC along with his brother Frank. These ventures have also earned him a spot on the world’s list of billionaires. In fact, to date, Lorenzo Fertitta is worth a whopping $1.9 billion.

Is Lorenzo Fertitta related to Tilman Fertitta? The answer is YES. Tilman Fertitta is actually the third cousin of Lorenzo and Frank Fertitta.

What does Tilman Fertitta do?

Fertitta is perhaps most known for purchasing the Houston Rockets in October of 2017 for a whopping $2.2 billion. However, it was his various business pursuits which eventually facilitated his ability to become the official owner of an NBA team. These insane companies include the following:

Fertitta  Group Inc.

Tilman is the owner of Fertitta Group Inc., an investment management company headquartered in Houston, Texas. 

Landry’s Inc.

Tilman is additionally the CEO and sole owner of Landry’s Inc., which initially started out as one of the largest restaurant corporations located within the United States. Fertitta eventually gained controlling interests of the restaurants and purchased the remaining stocks in the company to become sole owner.  The company currently owns and operates over 500 restaurants/gaming/entertainment and hospitality locations around the country. 

His portfolio includes some huge brands, including Bubba Gump Shrimp Co., The Golden Nugget Hotel and Casinos, Morton’s The Steakhouse, and Rainforest Cafe to name a few. In 2017, Fertitta’s Landry’s acquired half of EMM Group which owns the celebrity-loved Catch Restaurants.

Tilman is perhaps most notably known for being a hotelier second to being known as the owner of the Houston Rockets. The business magnate has both purchased and built numerous hotels and resorts since his first venture with the Key Largo Hotel in Galveston, Texas.

In 2005 Tilman purchased the Golden Nugget Casinos chain with locations in Nevada. He also purchased the Trump Marina from Trump Entertainment Resorts, which he reopened as Golden Nugget Atlantic City. He has also opened up casinos in New Jersey, Biloxi, Alabama, and the Mississippi Gulf Coast.

He also purchased the Golden Nugget Lake Charles from Pinnacle Entertainment in part due to the fact that the location was within close proximity to his hometown of Houston, Texas.

Entertainment

Tilman additionally owns amusement parks, aquariums, and the Kemah Boardwalk, which he purchased in 1999.

Houston Rockets Owner

Tilman purchased the team back in October 2017 for $2.2 billion.

Billion Dollar Buyer Show

In 2016 it was announced that Fertitta would be starring in a CNBC reality show called Billion Dollar Buyer. Fortunately for Mr. Tilman, the first season was wildly successful which resulted in the show getting picked up for an additional season with over twice as many episodes.

The show follows Fertitta as he works with entrepreneurs who have ingenious ideas/products that he could buy and or/license for his own businesses. For example, in one of his earlier episodes, Tilman found a small mom and pop company making what he thought was the most incredible hot sauce and barbecue sauce he’d ever tasted. After they implemented the changes he suggested, he offered them a massive deal to be in hundreds of his restaurant locations.

Got a great product and want to be on the show? You can apply here !

https://www.celebfamily.com/business/tilman-fertitta-family.html

https://www.cnbc.com/2016/07/11/billionaire-brothers-to-get-massive-windfall-from-ufc-sale.html

https://www.cnbc.com/billion-dollar-buyer/

https://www.pressofatlanticcity.com/news/top_three/a-conversation-with-tilman-fertitta-owner-of-the-golden-nugget/article_15b856c2-96fe-11e1-bc35-001a4bcf887a.html

https://www.superyachtfan.com/superyacht_boardwalk.html

.css-16urd06{margin:0;font-family:Roboto,sans-serif;font-weight:400;font-size:1rem;line-height:1.5;} .css-1eo6nkc{color:rgb(0, 0, 238);font-size:24px;-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;} Danni Holland

Danni Holland is a writer, artist and self-professed celebrity news junkie. Whether she's writing about digital marketing for some of the biggest names in the industry, politics , interviewing legendary fashion icons , or dishing out the #411 on local dirt —you can rest assured she's giving you a 100% truth #nofilter perspective. Check her out on Instagram @iheartcandyfromstrangers and Facebook !