lorenzo ufc

Why did the fertittas sell the UFC?

According to White, the Fertitta brothers, who were the primary shareholders in the company, decided that selling to WME-IMG made more sense because they had a vision for the organization that would see the UFC continue to succeed from now into the future.Apr 25, 2017

How much of UFC does Dana White own?

What percentage of the UFC does Dana White own? During the purchase of UFC by WME-IMG in 2016, it was revealed that Dana White had 9% ownership of the company.Jul 20, 2021

Who owns the UFC Lorenzo?

Lorenzo Fertitta and his brother, Frank, made the bulk of their fortune through mixed martial arts promoter UFC. They bought UFC for $2 million in 2001; an investment group led by WME/IMG bought it for $4 billion in 2016. They sold their remaining stakes in UFC in August 2017 at a $5 billion valuation.

Is Lorenzo Fertitta still involved with UFC?

Frank and Lorenzo Fertitta, who sold most of their stakes in mixed martial arts promoter UFC at a $4 billion valuation last summer, have now fully divested from the business. The new deal values UFC at approximately $5 billion.Sep 7, 2017

How much did Lorenzo pay for UFC?

Lorenzo Fertitta and his brother, Frank, made the bulk of their fortune through mixed martial arts promoter UFC. They bought UFC for $2 million in 2001; an investment group led by WME/IMG bought it for $4 billion in 2016.Apr 4, 2020