Houston restaurant and hospitality mogul Tilman Fertitta said serving as the U.S. Ambassador to Italy and San Marino would be the "most important job" of his life during his U.S. Senate confirmation hearing on Tuesday.  "If confirmed, I take the responsibility of being an ambassador at this crucial moment in history as the most important job of my...

Assuming he is confirmed by the U.S. Senate as the new United States Ambassador to Italy, Houston billionaire Tilman Fertitta plans to separate himself from numerous business entities. However, ownership of the Rockets won't be among them. In a March 16 letter, Fertitta wrote that he will step down as CEO of Fertitta Entertainment LLC — should he b...

Nearly a year on from Houston billionaire Tilman Fertitta's purchase of the River Oaks District for $450 million, he's making good on his promise to ramp up the number of retailers in the luxury mall. Most notably, luxury Italian menswear brand Stefano Ricci has opened in the mixed-use, 300,000-square-foot retail center at 4444 Westheimer. The cent...

Tilman J. Fertitta, a renowned American businessman, philanthropist, and sports team owner, has been nominated by U.S. President-elect Donald Trump to serve as the United States Ambassador to Italy. Fertitta is well-known for his leadership in business and his contributions to the hospitality and entertainment industries, as well as his significant...

Houston billionaire Tilman Fertitta may soon be adding a geopolitical chapter to his lengthy career resume according to a Wednesday evening report from CBS News. According to CBS' senior White House correspondent Jennifer Jacobs, President-elect Donald Trump is seriously considering the Texas hospitality magnate for the role of U.S. ambassador to I...

Houston billionaire Tilman Fertitta plans to acquire The Palm steakhouse chain out of bankruptcy in a deal worth at least $50 million, further expanding his business empire. Fertitta, who also owns the Houston Rockets, said on Friday he has signed a purchase agreement to acquire the iconic restaurant chain, whose Naples, Fla.-based licensing compan...