... earned:
This session: ...
Per second: ...
← Back to list
👤
#1237

Lorenzo Fertitta

Source of wealth: Casinos, mixed martial arts

Net Worth

...

Earnings per second

...

The scale of their wealth

🏥

Health

The price of life

Let's compare Lorenzo Fertitta's fortune with the healthcare spending of a massive country

Lorenzo Fertitta could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.6 years.

But even if we compare their fortune with that of a rich country

On the other end, Lorenzo Fertitta could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.7 years.

📚

Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Lorenzo Fertitta could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.0 years.

And yes, we can also compare it with a rich country

But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Lorenzo Fertitta could pay for it entirely for 1.4 years.

🔬

Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Lorenzo Fertitta could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 5.8 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Lorenzo Fertitta with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.1 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Lorenzo Fertitta's fortune is equivalent to 24 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.

Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.

Lorenzo Fertitta could buy 6,309,240 gold rings. That's a lot of fingers and way too many gifts!!

And if you're struggling to visualize that many rings, it would take 1 trucks to transport them. Although Lorenzo Fertitta will almost certainly have enough money left over to pay for the gas.

🚚

Biography

Lorenzo Fertitta and his brother, Frank, made the bulk of their fortune through mixed martial arts promoter UFC.

They bought UFC for $2 million in 2001; an investment group led by WME/IMG bought it for $4 billion in 2016.

They sold their remaining stakes in UFC in August 2017 at a $5 billion valuation.

The Fertittas took public their casino business, Red Rock Resorts, 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.

Financial Assets

Exchange
NASDAQ
Ticker
RRR-US
Company
Red Rock Resorts

Monthly wealth history

Fortune comparison

Historical data not available for comparison

Modules

Share

𝕏 Share on X 💬 Send via WhatsApp ✈️ Send via Telegram f Share on Facebook