Last updated 7/1/2026

Tilman J. FertittaNet Worth Estimate

Estimated Range$10.5B - $12.5B$10,500,000,000 - $12,500,000,000

Tilman Fertitta is estimated to be worth about $10.5 billion to $12.5 billion, with a broader plausible range of $9 billion to $15 billion.

Image: US State DepartmentPublic domain

Drivers

Wealth Breakdown

9 reviewed sources5 high-quality sources

Wealth composition$11,600,000,0003 sources

Liabilities$547,000,0001 source

Sports franchise equity1 input · 3 sources · 70/100 confidenceIncluded$5,500,000,000

Private hospitality and gaming1 input · 3 sources · 48/100 confidenceIncluded$5,000,000,000

Public shares1 input · 3 sources · 72/100 confidenceIncluded$1,100,000,000

Disclosed debt1 input · 1 source · 80/100 confidenceDeducted$547,000,000

Not Counted Directly

External estimateContext only · $11,700,000,000Historical transactionContext only · $2,200,000,000Sports transactionContext only · $300,000,000

Estimate

Current Assessment

Fertitta's wealth is anchored by the Houston Rockets, a large private hospitality and gaming group, and a major Wynn Resorts stake. Forbes' 2025-26 NBA table values the Rockets at $5.9 billion, while Sportico-linked reporting put the team lower at $4.77 billion in 2025. SEC-filing-based reports show Fertitta as Wynn's largest shareholder, with a stake around 13 million shares after 2025 purchases. His private businesses and real estate are harder to value, and his financial disclosure reported at least $547 million in liabilities. Forbes-linked reporting placed him at $11.7 billion in 2026, which fits the asset-based range but is treated as an outside calibration rather than proof of each asset value.

Key caveats

Private-company values and debts are not fully public.
Team valuation is not the same as personal net worth.
The Wynn stake changes with market price.
Recent sports and casino transactions may change the asset mix but should not be counted as new wealth without financing details.

Evidence gaps

Original OGE disclosure ranges and entity schedule were not retrieved directly.
Current WYNN market price was not available from the finance tool.
No public cap table for Fertitta Entertainment or Rockets holding entities was found.

Confidence

Medium confidence

72/100

The estimate is supported by available evidence, with meaningful assumptions and caveats.

Key Evidence Gaps

Original OGE financial disclosure and ethics-agreement PDFs with full asset/liability ranges and entity list were not supplied.
Direct Forbes NBA valuation page and direct Forbes billionaire profile were not supplied; accessible secondary summaries were used.
Current July 1, 2026 Wynn Resorts share price and refreshed SEC ownership data were not supplied.
No public cap table or debt schedule for the Rockets, Fertitta Entertainment, Landry's, Golden Nugget, or related holding vehicles was supplied.
Family, trust, lender, or minority-interest attribution documents were not supplied.

Public Caveats

This is an estimate of Tilman Fertitta's personal wealth, not the Houston Rockets' team valuation.
The largest private-company holdings are not directly valued in public filings; the private portfolio component is modeled as a residual range.
Rockets team value is gross franchise value before undisclosed team-level debt, taxes, or holding-company adjustments.
The Wynn Resorts stake is market-sensitive and was approximated from 2025 share-count reporting rather than a July 1, 2026 quote.

Range Model

Scenario Spread

Conservative

$9.0B - $10.5B

Base

$10.5B - $12.5B

Aggressive

$12.5B - $15.0B

Uncertainty Drivers

Private Fertitta Entertainment/Landry's/Golden Nugget valuation is not public.
Rockets ownership appears attributable to Fertitta, but full holding-vehicle, family or debt structure is not visible in public sources reviewed.
Financial disclosures report ranges and minimums, so liabilities and asset values may be materially higher than the cited floors.
Wynn Resorts stake value is market-sensitive and the finance quote tool did not return a July 1, 2026 price.
External Forbes estimate is useful but opaque and may include assumptions not independently verifiable here.

Evidence

Reviewed Signals

Signal	Value	Confidence
Disclosed liabilities Financial-disclosure reporting showed at least $547 million in liabilities, including aircraft, yacht and investment-property debt.	$547,000,000	80/100
Wynn Resorts stake SEC-filing-based reports show Fertitta as Wynn's largest shareholder, with 10.9 million shares valued above $1 billion in February 2025 and 13 million shares after April 2025 purchases.	$1,100,000,000	76/100
Fertitta Entertainment, Landry's, Golden Nugget and real estate Fertitta retains passive interests in a large private hospitality, dining, gaming and real-estate portfolio; direct current valuation is not public.	Large private-company equity; not directly valued in public filings	55/100
Houston Rockets ownership value Fertitta is the owner of the Rockets; current valuation evidence ranges from Sportico's $4.77 billion cross-check to Forbes' $5.9 billion 2025-26 valuation.	$5,900,000,000	76/100
Connecticut Sun / Houston Comets transaction Reported $300 million purchase of the Connecticut Sun by Fertitta/Fertitta Entertainment, with relocation to Houston for 2027.	$300,000,000	68/100
Forbes external wealth estimate Forbes-linked reporting placed Fertitta's 2026 net worth at $11.7 billion.	$11,700,000,000	72/100

Citations

Sources

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