Tilman Fertitta Net Worth

Tilman Fertitta has an estimated net worth of $11.7 billion, according to Forbes Real-Time Billionaires, Tilman Fertitta profile (figures as of October 20, 2026). That is up from $4.7 billion in 2019.

Tilman Fertitta is an American businessman, diplomat, and television personality. He owns Landry's and the NBA's Houston Rockets, and he serves as the United States ambassador to Italy and San Marino since 2025. His businesses span restaurants, hotels, casinos, and entertainment. He became widely known in business through Landry's and later reached a broader audience as the star of CNBC's Billion Dollar Buyer. Forbes tracks his wealth in food, beverage, entertainment, and sports.

His path started in the family seafood business, where he worked after school. In the 1980s, he bought into Landry's and later took control of the company. He made it public in 1993, then bought all outstanding shares in 2010. Over time, he built Landry's through restaurants, hotels, and casinos, including Golden Nugget. In 2017, he agreed to buy the Houston Rockets for $2.2 billion, adding a major sports asset to his business empire.

How Tilman Fertitta built his fortune

Fertitta's wealth comes from a mix of hospitality, gaming, and pro sports. Landry's is the center of that business. The company owns restaurant brands such as Morton's The Steakhouse, Rainforest Cafe, Bubba Gump Shrimp Co., Saltgrass Steak House, and Mastro's Restaurants. It also owns entertainment properties like the Kemah Boardwalk and the Galveston Island Historic Pleasure Pier. On the hotel side, his portfolio includes the Post Oak Hotel in Houston and resorts in Galveston.

Casinos are another big piece. Landry's moved into gaming in 2005 with Golden Nugget casinos, then expanded to Atlantic City, Biloxi, and Lake Charles. He also built a large position in Wynn Resorts, rising to 12.3% in 2025. In May 2026, he struck a deal to buy Caesars Entertainment. Sports adds another stream through the Houston Rockets, which he agreed to purchase in 2017. Forbes also notes his ownership of the Connecticut Sun, which he is relocating to Houston as the Comets.

Forbes net worth snapshot

Forbes has shown a big rise in Fertitta's fortune over time. Its World's Billionaires List placed him at $4.7 billion in 2019, then $4.3 billion in 2020, before moving up to $5.6 billion in 2022. The estimate climbed again to $8.1 billion in 2023 and $9.4 billion in 2024. That run matched the breadth of his holdings across restaurants, hotels, casinos, and his growing stake in Wynn Resorts.

The latest Forbes reading is much higher. Forbes' real-time billionaires tracker put him at $11.7 billion as of October 20, 2026. By then, his portfolio included Landry's, Golden Nugget casinos, the Rockets, the Post Oak Hotel, and a deal to buy Caesars Entertainment. His restaurant lineup also kept growing, with brands that Forbes highlights such as Corner Store, Or'Esh, Eighty-six, and Mastros. Those assets help explain why Forbes' estimate moved up so sharply.