Find out who owns the Houston Rockets, the owner's net worth, the source of wealth and the ownership history of the franchise.
The Houston Rockets NBA franchise is based in Houston, Texas, and is part of the Western Conference Southwest Division.
The Rockets were originally founded in 1967 and have won two NBA championships.
Who owns the Houston Rockets?
The Houston Rockets is owned by Tilman Fertitta, who purchased the franchise in 2017 for $2.2 billion and remains the sole owner.
Houston Rockets ownership structure
Tilman Joseph Fertitta is an American businessman and investor. He Landry's, Inc., a hospitality company which operates restaurants, casinos, and hotels.
Tilman has investments in sports franchises and is the sole owner of the Houston Rockets. According to figures from Forbes, he has an estimated net worth of $10.7 billion.
Club Net Worth & Valuation
According to figures from Forbes, the Houston Rockets are valued at $4.9 billion.
Club Ownership History
The Rockets were originally founded in 1967 as the San Diego Rockets. The team relocated to Houston in 1971 and rebranded to the Houston Rockets.
Tilman Fertitta became the owner in 2017.
Trophies and Achievements
The Houston Rockets is a successful franchise in the NBA, having won two NBA championships.