Frank Fertitta, III.

Frank Joseph Fertitta III is an American entrepreneur. He is the current CEO of Station Casinos. He is also a founder of Zuffa LLC, which is the entity that runs the Ultimate Fighting Championship.

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.