Business Update: #Beyonce Loses Out on Houston Rockets, CNBC Star Gets Team Instead
Beyonce‘s hopes of buying the Houston Rockets just got pushed to the left … to the left — instead, the team will be sold to billionaire restaurateur Tilman Fertitta.
Fertitta will fork over a check to current owner Leslie Alexander for $2.2 BILLION, this according to ESPN.
Alexander bought the team for $85 mil in 1993 … so, not a bad investment for that guy!
Fertitta is COUSINS with Lorenzo and Frank Fertitta, the guys who made billions from the UFC — but he was NOT an investor in that business.
Tilman is reportedly worth $3.1 billion, so says Forbes … and stars in the CNBC reality show “Billion Dollar Buyer” — where he buys blossoming companies.
Beyonce was rumored to be in the mix to buy the Rockets as part of an investment group — but lost out … despite support from her mother, who even posted a pic of B in a Rockets jersey over the weekend.
