Lorenzo Fertitta on running casino at 24

Lorenzo Fertitta shares his father’s success story of rising through the ranks to eventually owning a casino, details of the family business and pressures of taking the reigns in his mid 20s.
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Episode debuted nationwide in 2014.
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[@johnallen3581]

Best interviewer ever, talk 10% listen 90% 👌🏽. Keep it up Graham

[@HotBoxTrucking]

"not a traditional family business" ..you got that right

[@MontegaB]

"It was really a family business" Yeah, we know Lorenzo

[@zimtheinvaderofficial]

No other way he could afford it at that age lol

[@truetrumpist5207]

@@ari96a Ye with on his desk a big old outboard motor

[@kungfublob5951]

Let's not kid outselves. Guy comes from a family of mobsters.

[@randyjohnson2885]

And rich people with connections.

[@wq198mnr]

@@randyjohnson2885 isn’t his cousin Tillman Fertitta? Billionaire in Houston

[@wq198mnr]

@Liam seems a bit aggressive for a typo lol

[@rumennikolov5163]

@Liam rofl you are a sad person, aren’t you?

[@jamesnightingale2788]

The world needs more people like Liam, all this “everybody needs to get along” nonsense is infantile

[@jasoncarby4780]

His voice like this at 24 must have been eerie At 50 its a great voice

[@tjo7329]

he definitely didn't have his 50 year old voice at 24.... voices change over time...

[@imranvp]

What an amazing interview! Graham asked all the right questions. Always wanted to get a deeper insight on this ultra-successful but otherwise low-key businessman. Lorenzo's a Don.

[@cheapcharliechroniclesbrot9096]

Imran VP success not earned tho born into wealth

[@randomnobodyplaythrough7770]

He didn't talk about those casinos going bankrupt.

[@truetrumpist5207]

Lol he didnt ask one though question

[@crazypato3752]

​@@randomnobodyplaythrough7770then why did Lorenzo become rich ?

[@randomnobodyplaythrough7770]

@@crazypato3752 He was born rich.

[@brali1717]

Gotta love a success story about how a rich kid made a boat load of money. Lol I do like Lorenzo though. At least he’s not snobby about it

[@alexanderbuzzo2375]

This dude is like the Michael Corleone gone right

[@amoghthorave3385]

Lol

[@miketang8719]

Huge respect for Lorenzo, regardless if his father was the one who gave him these opportunities, he’s the one who worked hard and made something of those opportunities. I see so many “haters” in these comments attacking him and calling him spoiled and it makes no sense to me. In fact, he would be more spoiled if he didn’t take those opportunities just like all the people from wealthy families who end up blowing their parents money and doing nothing with their lives. Someone who makes the most of what their given and works hard even though they don’t have to is quite the opposite of spoiled.

[@imanuel8883]

@Dennis Leavitt I’d say very different

[@mrinmoychakravarty705]

That's true rich people are rich because of their mindset

[@cogen651]

Lol are you joking. Can you spell M O.B. LOL

[@HunterThompson-kf1yq]

Dumb ass, just like Tillman Fertitta, they are organized crime bosses who were groomed and handed it all.

[@toysofarkham]

I never knew any of this... Great interview as usual

[@user-tl4fi6oy8d]

LOL! This is the PG version of events... Yup, a plucky young Italian man just came up from Galvestan with a $1 in his pocket, became a bellboy at a local casino, and bingo-bango builds his OWN CASINO in a few years! Just like that! That's how the gambling business works, folks. Nothing more to see here! The incredible balls on Lorenzo to lie like this... You'd have to be a complete dew-eyed innocent, like Graham maybe, to believe this telling of the story.

[@rbslammed6163]

Listen to Steve Wynn interview and you will hear the exact same PR pitch which conveniently leaves out the pain and suffering caused to innocent people and business to enable this “rags to riches” success. It’s just nonsense.

[@anthonycarreira8045]

Graham really is a naive little guy lol

[@lomparti]

Apparently the Fertitta family were known to run gambling, strip joints and other unsavory businesses in Texas. I guess when there was a recession in Texas they decided there was more money to be made in Las Vegas.

[@telefunkenyou47]

If Pimping is servicing the community in LV, then this man is a saint.

[@pimplepickerton]

Does he run hookers or something?

[@loriwilliams161]

I was surfing Lahaina harbor (Maui, Hawaii), today and saw the yacht "Lonian" and the shadow boat "Hodor" anchored offshore. We don't see yachts like this in Maui much, so I decided to investigate it further. Who is the owner Lorenzo Fertitta, I asked myself. I was pleasantly surprised to see on these video interviews, that he appears to be a great guy. Very personable, hard working, intelligent and down-to-earth. Not at all like I thought a billionaire would be like. I really appreciate a person that takes stock in their upbringing / family. Lorenzo's strong work ethic comes from watching and participating, in his father's humble beginnings in business.

[@VegasCyclingFreak]

I designed the HVAC on one of the Fertitta's houses around 1995-1996. I didn't know who they were at the time.

[@VegasCyclingFreak]

The Prodigy - It wasn’t that big really. The new one in Queensridge built like 20 years later was pretty massive (different employer for me). My boss worked on that one. He later added on 400 sq feet to his nook and I think he spent $2,000,000 on it. Was kinda complicated due to structural. Anyway, I do big houses like that all the time but I never get to meet the owners.

[@christopherjones1782]

completely mob connected

[@unknownslarry395]

Christopher Jones bullshit rumors around the Matt. It’s all bullcrap.

[@flaviosonanini4493]

thats how it is you need to suround you with smart people to make good decisions

[@ardighassemi4116]

OG

[@wesleygibbons8117]

Crazy to see now what this family has evolved with and the sale with the UFC. 1990's money was easy to make. Tell people what they want to hear and convince that there is nobody else. Regardless if you can do it or not, doesn't mater, there legit isn't anybody else lol. Keep the connections close, they're your life lines.

[@702SinSuper]

They were connected to the Maceo Bros in Galveston Tx. Who were gangsters.

[@VP-wt5dv]

Mafia had the foresight to become legit. Others stay in filth forever

[@MichaelHayesagent]

Nice answer. He went out to las vegas, ya da ya da ya da, he had the opportunity to invest in a casino from the ground up. Such bs. People dont get those opportunities unless they are tied in , and the fertitta family form galveston was very much tied in .

[@TheJoeGizzle]

Don Corleone.

[@fredo3106]

Joe Gil his dad is don Corleone. he's Michael Corleone

[@lukeyacono3277]

Joe Gil no

[@whitegoodman7465]

The Don!

[@loveforthe90s]

What a life 👌🏼

[@ecdctechmma]

the italian mob was connected so much with vegas casinos in the 60s' and 70s and lorenzo is italian see the connection???

[@endakennyisawanker5354]

The jews run vegas.

[@thebusinesschannel3270]

ecdctechmma the jealous haters are connected in KZbin comments in 2017 and you just commented ok youtube. See the connection?

[@krinklemcwrinkle4741]

💪💪💪💪

[@unknownslarry395]

ecdctechmma its all bullcrap.

[@WH15P3R3R]

@@thebusinesschannel3270 For real. These average joes leading unremarkable lives spewing out bullshit about the success of others to compensate for their own failures. Its funny because you see these type of people everyday and everywhere complaining about everything.

[@taylortrash]

everyone schedules their classes monday through Thursday lol

[@Juliobrem]

Funny all the comments on “Mob business “ . Try run a multimillion company with thousands of employees and add to the stress the fact that if you do not respond to the Mob they would send you to sleep. It’s insane .

[@Juliobrem]

@Samuel Fagbemi k tho

[@A-DUBCLUB]

The fertittas have been rich since the yr 1900. This present day lorenzo and his brother and cousins all billionaires. Whatta family!

[@garza7676]

Mob helped him

[@cmz5847]

Is this the guy that basically founded the UFC ?

[@tribalchief1862]

Lorenzo The GOAT

[@rayray7244]

I want to believe he wasn't mobbed up but I seriously doubt it. Good for them though!

[@Gala_tha_Prince]

River boat casino in Missouri … isn’t that Ozark to a tee

[@devanman7920]

obviously growing so rapidly in Vegas at that time he was mobbed up.

[@johnibaka3941]

let's tell it like it is....you pop was in the mob

[@sychophantt]

#mobbedup

[@cogen651]

Started a lowly bell boy, and then owned a casino lol, yeah right. We all know where the money came from.

[@ragnar0528]

Instead of attacking the man learn something.

[@khabibnurmagedove3098]

Why they sold the ufc

[@zakhriskin1602]

Because they got BILLIONS for it.

[@ikigai47]

Who gives af if his pops had mob ties. Lorenzo and Frank have been nothing but class. They know how to treat people and no one that deals with them from bell hops to fighters has a bad word to say. I'll take them over some clean as a whistle stuck up billionaire snob that treats non richies as peasants

[@RL-ng2yf]

he Italian so.... mobb ties

[@bw4500]

no mention of being neck deep in mafia connections and dirty money

[@selfiekroos1777]

Mafia money

[@mickmangles8000]

Gambling destroys lives ...

[@doctorblue6375]

People choosing to gamble destroy their own lives. Big difference

[@denishajdarmataj2914]

Gambling destroys lives, if you lose.

[@teacheradvicehanoi5444]

[Godfather theme intensifies]

[@greg6898]

Everything with tony is secret this omertà that

[@cogen651]

How did he make that happen😂 Let's guess!😂 Anybody have any guesses

[@bryanfrombuffalo7685]

His dad is making 75 cnts a hr...and oh ok

[@srreventon]

I am very jelous of their mega yachts....

[@greatestofalltime01]

lorenzo gambini

[@ryanharrington6389]

Gambino. Lol not gambini

[@greatestofalltime01]

@@ryanharrington6389 sorry sir.typo

[@Clymax01]

Mafia family

[@bryanfrombuffalo7685]

Gram acts questions like someones tickling his bum

[@andremcfarlane2821]

Why lie ? u should be proud of your heritage your dad was in the Mob non wrong with it most of the ultra rich families money have come from underhanded and illegal business come on Lorenzo if u were more truthful I'd respect u but come on

[@mayhemd]

André Mc Farlane don't hate successful people

[@doctorblue6375]

What do you expect him to go on a live interview to be seen by thousands of people and admit mafia activity? Like wtf lol

[@MillennialRabbi]

Graham's pink shirt is distracting

[@adamcoyne230]

i wish my daddy gave me everything.

[@GravyyTrain]

you give your kids everything then

[@jaybird-oi1te]

Adam Coyne you sound like a jealous bitch!

[@haikalrosli8579]

Sorry to hear that your dad's a loser LOL. You could have a million dollars and you would still not be able to build a UFC-like empire with that mindset

[@gu3sswh075]

Adam Coyne why is that anyone's problem?

[@stickykitty]

Daddy's blue eyed boy Got everything a spoilt brat could ask for