Tilman Fertitta Lists $192M Superyacht for Sale as He Plans Bigger Vessel
Houston Billionaire Tilman Fertitta Puts His Superyacht on the Market
Tilman Fertitta, the Houston-based billionaire known for owning the Landry’s hospitality group, the Houston Rockets NBA team, and serving as chairman and CEO of Red Rock Resorts, is selling his impressive 250-foot superyacht named Boardwalk. At the same time, he has revealed intentions to acquire a significantly larger yacht measuring 384 feet in length.
Details About the Boardwalk Superyacht Sale
The Boardwalk, featuring seven cabins, accommodates up to 14 guests and a crew of 22. It cruises comfortably at 15 knots, with a maximum speed of 18 knots. This vessel, crafted by the Dutch shipyard Feadship and designed collaboratively with Studio De Voogt and De Voogt Naval Architects, elegantly blends top-tier European workmanship with innovative American styling.
The yacht’s design prioritizes both luxury and functionality. The lower aft deck includes a wellness and adventure zone with a beach club, fitness facilities, and a dive and watersports locker, offering numerous recreational options. Above this, the sundeck boasts a mosaic-tiled swimming pool, while the elevated observation deck provides expansive panoramic views of the ocean, creating an exquisite experience for guests. This combination of practicality and elegance makes Boardwalk standout in the luxury yacht market.
As Fertitta prepares to sell Boardwalk by the end of summer, it has been a period filled with significant developments for the billionaire. Notably, he had planned an expansion into Las Vegas but recently withdrew those plans citing potential conflicts of interest.
A Deep Connection to Yachting and Financial Moves
Fertitta spent several months living aboard the Boardwalk before moving to Villa Taverna, the U.S. ambassador’s official residence in Italy, in early August. To enhance liquidity, he has leveraged the value of Boardwalk and possibly another yacht through secured loans — including a $50 million loan in 2019 from Bank of America and an additional $50 million loan backed by a yacht in 2024 from Deutsche Bank. With a net worth estimated at $10.5 billion, Fertitta has the financial stability to manage these obligations.
Yachting appears to be a passion in the Fertitta family. His third cousin, Frank Fertitta III, previously owned Viva, a $175 million superyacht also constructed by Feadship. This yacht was eventually sold to hedge fund billionaire Ken Griffin.
