Tilman Fertitta has the distinction of being the world’s richest restaurateur with an estimated net worth of over $2.6 billion and now he’s getting his own reality show on CNBC.
The Galveston born Fertitta made his wealth as the owner and CEO of Landry’s Inc. which owns and operates more than 500 restaurants, hotels, and casinos including the Golden Nugget Hotel and Casino (locations in Las Vegas, Atlantic City, Biloxi, & Lake Charles) the Kemah Boardwalk, Galveston Island Historic Pleasure Pier, and restaurant chains such as Morton’s The Steakhouse, McCormick and Schmicks, Chart House, Bubba Gump, Rainforest Café, Saltgrass Steakhouse, and Vic and Anthony’s.
When he’s not running his businesses, Fertitta also serves as the University of Houston Systems Chairman of the Board of Regents where he has reportedly been working hard behind the scenes corralling boosters to bring in more donations to the university to go towards increasing our recognition in academics and athletics. In particular, Fertitta was reportedly instrumental in working to ensure head football coach Tom Herman got a substantial raise during Houston’s 13-1 2015 football season.
Now CNBC’s execs have tapped Fertitta to star in a new business-focused reality show “Billion Dollar Buyer” which will debut March 22nd at 10pm. According to the Galveston Daily News:
In the series, Fertitta scouts the country for the most innovative new products America’s entrepreneurs have to offer — everything from food and drink for his restaurants and casinos, to linens and spa products for his hotels.
In each hour-long episode, Fertitta will spend time with two small businesses, sample their goods, get to know their owners and assess their compatibility with Landry’s.
He’ll also point out flaws in their products and operations, share his expertise and push for improvements, according to CNBC officials.
Ultimately, he’ll decide whether to place a transformative purchase order with one of the small businesses, both, or neither.