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Frank Fertitta III

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Frank Fertitta III
Born
Frank Joseph Fertitta III

(1962-02-24) February 24, 1962 (age 62)[1]
Las Vegas, Nevada, U.S.
Alma materUSC Marshall School of Business (B.A./B.S.)
OccupationBusinessman
SpouseJill Fertitta
Children3
FatherFrank Fertitta Jr.
RelativesLorenzo Fertitta (brother)
Tilman Fertitta (cousin)[2]
WebsiteOfficial website[dead link‍]

Frank Joseph Fertitta III (February 24, 1962) is an American businessman. He is the CEO of Station Casinos. He is also a founder of Zuffa LLC, formerly the parent entity of the Ultimate Fighting Championship (UFC).[1]

Education

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Born to Frank Fertitta Jr. and Victoria (née Broussard) Fertitta, Frank III attended Bishop Gorman High School in Las Vegas, Nevada. In 1984, he graduated from the University of Southern California,[3] where he earned a BA/BS degree[1] from the business school.[4]

Career

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History with Station Casinos:

  • 1985: Officer/General Manager
  • 1986: Director, Executive Vice President and Chief Operating Officer
  • 1989 – July 2000: President
  • July 1992 – present: Chief Executive Officer[5]

Fertitta as owner of the Palms Casino nightclub KAOS lost an $8 million lawsuit in 2022 brought by DJ Kaskade for nonpayment of his two-year performance contract. [6]

Philanthropy

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On October 18, 2012, the University of Southern California announced that Jill and Frank Fertitta had made a major gift to the university which would result in the construction of a new building for the USC Marshall School of Business and the establishment of the Jill and Frank Fertitta Endowed Chair in Business.[7]

Political activity

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Fertitta is third-cousin to fellow businessman Tilman Fertitta.[2] Frank and his wife are major donors to the Republican Party and Republican candidates, having given more than $9,800,000 from 2009 to 2020,[8][9] making him, along with his brother, one of the largest contributors in Nevada.[10]

Together with his spouse, Fertitta contributed $721,200 to Donald Trump's 2020 presidential campaign.[11]

Personal life

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Fertitta resides in Las Vegas with his wife Jill and three children.[1]

Fertitta as owner of the Palms Casino nightclub KAOS lost an $8 million lawsuit in 2022 brought by DJ Kaskade for nonpayment of his two-year performance contract. [12]

Fertitta is among plaintiffs against Knoedler Gallery LLC for having sold to him a forged Mark Rothko painting.[13]

References

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  1. ^ a b c d "Forbes 400 Richest Americans: #1168 Frank Fertitta". Forbes. September 2010.
  2. ^ a b Schulz, Bailey (26 September 2019). "Tilman Fertitta talks about desire to own Las Vegas Strip property". Las Vegas Review-Journal. Retrieved 11 July 2021.
  3. ^ Nancy E. Lowe (June 2002). "Power Players: Making Things Happen in Nevada". Nevada Business.
  4. ^ Fertittas donate major capital gift to USC Marshall for new undergraduate building, usc.edu; accessed May 14, 2017.
  5. ^ "Executive Profile Frank J. Fertitta III". Bloomberg L.P. January 14, 2019.
  6. ^ "Judge Awards Kaskade $8 Million over Canceled Shows at las Vegas' KAOS Nightclub". 21 March 2022.
  7. ^ "USC News". Archived from the original on 2012-10-27. Retrieved 2012-10-26.
  8. ^ "Browse Individual contributions: Frank Fertitta". FEC.gov. Retrieved 2020-07-14.
  9. ^ "Browse Individual contributions: Jill Fertitta". FEC.gov. Retrieved 2020-07-14.
  10. ^ Horridge, Kevin (6 June 2016). "Biggest Nevada Political Donors for Casino Industry Include Adelson, Fertitta Brothers". Casino.org.
  11. ^ "Here Are The Billionaires Who Donated To Donald Trump's 2020 Presidential Campaign". Forbes. Retrieved 28 March 2024.
  12. ^ "Judge Awards Kaskade $8 Million over Canceled Shows at las Vegas' KAOS Nightclub". 21 March 2022.
  13. ^ "Fertitta v. Knoedler Gallery, LLC". CaseText.com. January 29, 2015.
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