Tilman Fertitta is an American businessman
@Ceo of Landry's Inc, Birthday and Childhood
Tilman Fertitta is an American businessman
Tilman Fertitta born at
Tilman Fertitta has been married to Paige Fertitta since 1991. Paige is a smart, beautiful, and ambitious lady who has always supported her husband in his business endeavours. The couple has four children: Michael, Patrick, Blayne, and Blake. She is also a philanthropist who is actively engaged with the First Baptist Academy. She organizes events for the benefit of the Children’s Cancer Center at M.D. Anderson as well.
He actively supports several charitable organizations and is even the Chairman of the Board of the Houston Children's Charity. He is also a board member of the Texas Heart Institute and chairperson of the Houston Police Department’s Police Foundation.
Tilman Joseph Fertitta was born in Galveston, Texas, on June 25, 1957. He has two siblings Victor Fertitta and Todd Fertitta. His father, Vic Fertitta, owned a seafood restaurant.
He was introduced to the restaurant business early on, thanks to his father’s occupation. As a young boy, he used to help out in the restaurant’s kitchen, peeling shrimps. He observed his father running the business and learned a lot of practical skills.
Blessed with an ambitious spirit, he started investing in the stock market when he was a high school student. After graduating from high school he enrolled at the Texas Tech University for his further studies. Later he went to the University of Houston to study business administration and hospitality management. He was not much academically inclined though, and was raring to start his business career while still at college.
Tilman Fertitta knew from the very beginning that he wanted to open his own business. Thus at the young age of 23, he took out a bank loan of $6,000 to start his first business—a seaside hotel situated in Galveston. Soon he also became a partner in Landry's Seafood restaurant in 1980.
In 1986, he sold his hotel and bought a majority stake in Landry's. By way of this deal, he also became the company’s CEO and chairman. Within a few years he started purchasing restaurants in Kemah, Texas, outside of Houston, thereby expanding his business.
Alongside his restaurant business he also founded and ran a construction and development business in the 1980s. The first major project he developed was the Key Largo Hotel in Galveston.
Landry’s Inc. went public in 1993 and grew quickly thereafter. He acquired the Holiday Inn on the Beach in 2003 and the Hilton Galveston Island Resort in 2004. In 2005 he bought Golden Nugget Casinos and has since opened casinos in Biloxi, Mississippi, Atlantic City, New Jersey, and Lake Charles, Louisiana.
Tilman Fertitta, who already owned the majority of Landry's, Inc. stock, bought all its outstanding shares in 2010. The following year, the company’s value skyrocketed to more than $1.7 billion. By 2013, Landry's, Inc. owned and operated more than 500 restaurants, casinos, and hospitality locations. In addition, the company also owns several aquariums and amusement parks.
Tilman Fertitta is best known as the sole owner of Landry's, Inc., a privately owned, multi-brand restaurant corporation, one of the largest in the United States. The company which owns and operates more than 500 restaurants, hotels, and casinos across international locations has amassed more than $3.5 billion in assets and rakes in over $3.4 billion in revenue.
He is also popular as the charismatic yet practical star of the reality TV show ‘Billion Dollar Buyer’ which started airing on the CNBC network in 2016. The series features the business mogul travelling across the country trying and testing new and innovative hospitality products for using in Landry's, Inc.’s hotels and casinos.