Two Brothers Just Made Over $1 Billion With UFC Sale

One of the biggest headlines this week has been the $4 billion sale of the UFC organization. Las Vegas brothers Lorenzo and Frank Fertitta are basking in the glory as they each held a 40.5% stake in UFC’s owner, Zuffa.

Just so you don’t have to do the math, that’s more than $1.6 billion in cash when you think of their combined stake.

Granted the payout wont be this big with unspecified debts and other obligations, and don’t forget taxes, but it’s still a nice jackpot. Especially when they bought their stake for just $2 million back in 2000.

If you weren’t jealous yet, these two brothers already have a lot of money in the casino business. Forbes put the net worth of each of the Fertitta brothers at $1.6 billion. Wealth-X even put them at $1.8 billion each.

The money from the UFC sale is not the first, but the second biggest big cash pay day for the brothers in only three months.

In April, their casino company Red Rock Resorts raised more than $500 million in an initial public offering. This netted them and their families more than $400 million combined. Red Rock has a market capitalization of $2.6 billion and is the successor company to Station Casinos, which was founded by their father, Frank Fertitta Jr., in the 1970s.

According to sources familiar with the brothers, Lorenzo is already “deep into the planning stages” on his next project. More money, more money, more money.