Back on the Forbes 400

by who me on Sep 23, 2010 8:43 AM EDT

Looks like things have come around for Frank and Lorenzo, even with Station still in bankruptcy they are back on the Forbes 400 list this year.

Frank Fertitta (365) $1.1B

Will jump back into casino game with brother Lorenzo when family's Station Casinos emerges from bankruptcy in 2011; Fertittas will remain controlling owners. Brothers bought mixed martial arts outfit Ultimate Fighting Championship for $2 million 2001; plowed in cash to improve operations. Today UFC is their most valuable asset. Father Frank Jr. started as Las Vegas dealer; built casinos geared to locals. Went public 1993, private 2007. Owns extensive art collection.

http://www.forbes.com/profile/frank-fertitta

Lorenzo Fertitta (385) $1B

Returns to billionaire status thanks to growing martial arts league Ultimate Fighting Championship owned with brother Frank; Abu Dhabi investment helping UFC go international. Scuba diver really swims with sharks--including tigers and great whites. Father Frank Jr. started as Las Vegas dealer; built casinos geared to locals. Went public 1993, private 2007. The brothers own extensive art collections.

http://www.forbes.com/profile/lorenzo-fertitta

Friend of the sport Mark Cuban is sitting at 144 this year with $2.5B. He's up from last year's $2.4B. Looks like the economy is improving for some people at least.

http://www.forbes.com/profile/mark-cuban

The FanPosts are solely the subjective opinions of Bloody Elbow readers and do not necessarily reflect the views of Bloody Elbow editors or staff.

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Wwith that kind of bankroll, no wonder Mark Cuban can float Turtle $5 Mil for a Tequila Company.

Have you ever noticed that anybody driving slower than you is an idiot, and anyone going faster than you is a maniac?
George Carlin

by Snatchl on Sep 23, 2010 9:34 AM EDT reply actions

Today UFC is their most valuable asset.

by who me on Sep 23, 2010 10:22 AM EDT reply actions

Station Casinos collapses. The Xyience debacle. Some people are too rich to ever really fail. Have you been reading the Timothy Noah series on Slate about the economic Great Divergence?

by John Nash on Sep 23, 2010 2:35 PM EDT reply actions 1 recs

No, I will have to check that out.

US population: 307,006,550 Forbes list Billionaires: 400; I think that says it all. Those people live outside of the general economy because money makes more money in a bad economy same as it does in a good one(if not better). It amazes me that the public is so accepting of wealth inequality but get so worked up over those people paying slightly more in taxes.

Eat the Rich:
http://www.youtube.com/watch?v=E8EZW7-NSNI
http://www.youtube.com/watch?v=h45WnW0ASFY
http://www.youtube.com/watch?v=o-0lAhnoDlU

by who me on Sep 24, 2010 8:35 AM EDT up reply actions