How rich is Tilman J. Fertitta?
Tilman J. Fertitta net worth:
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Tilman J. Fertitta net worth, biography and wiki:
Tilman Joseph Fertitta (created June 25, 1957) is an American businessman, entrepreneur, philanthropist as well as the chairman, CEO and sole owner of Landry’s, Inc., one of the country’s biggest restaurant corporations. Fertitta can also be an associate of the Board of Regents for the University of Houston System. A year after, Fertitta helped start Willie G’s Seafood & Steaks, a more upscale eatery in Houston’s Uptown/Galleria area. In 1986, Fertitta obtained controlling interests of both places, as well as in 1988, became sole owner of Landry’s Restaurants. In 1993, Fertitta chose Landry’s, Inc. people, and the business grew rapidly, adding concept after concept. In 2010, Fertitta, who already possessed the bulk of Landry’s, Inc. stock, bought all outstanding shares, becoming one owner again. In 1993, the business was valued at about $30 million. By 2011, the organization ‘s value had skyrocketed into a value of more than $1.7 billion. As of 2013, the firm, under the leadership of Fertitta, owns and manages more than 500 eatery, amusement, gaming and hospitality places. In total, Landry’s, Inc. employs more than 50,000 individuals and controls $3.2 billion in assets.