Tilman Fertitta has been a busy man lately. The Houston business mogul, billionaire and television personality was dealing with hurricanes and rockets in the same week.
As the chairman, CEO and sole owner of Landry’s, Inc. — one of the largest hospitality corporations in the country — Fertitta was quick to respond when Hurricane Harvey struck Texas on August 25, causing massive flooding and untold destruction across Houston, the coastline and beyond. With more than 10,000 employees in Houston, Galveston, Corpus Christi and surrounding areas, Fertitta set up a relief fund for his team and their families, that he personally seeded with $1 million. He also set about coordinating food drops for area residents affected by the hurricane, and first responders.
A week later, it was announced that Fertitta reached an agreement to buy his hometown basketball team, the Houston Rockets. The $2.2 billion sale price broke the NBA record sale of $2 billion from when the Clippers were sold to Steve Ballmer, according to the Houston Chronicle. The sports fan said it has always been a dream of his to own an NBA team.