Are You a Crypto Millionaire Looking to Splurge on a Bentley? Tilman Fertitta Can Help!

Are You a Crypto Millionaire Looking to Splurge on a Bentley? Tilman Fertitta Can Help!

Via @postoakmotorcars on Instagram

TILMAN FERTITTA DIDN'T become a billionaire by being slow to recognize financial trends. Case in point: He pioneered the acceptance of cryptocurrency as payment at his Post Oak Motor Cars dealership, where the newly minted crypto-glitterati have been using Bitcoin to buy high-luxury carriages since 2018.


Now he's announced he's also taking Dogecoin, a quirky newer alternative to Bitcoin. "Savvy Dogecoin investors can upgrade with their new fortunes and purchase a Rolls-Royce, Bentley or Bugatti, paying directly with Dogecoin at the elite auto dealership," says a press release issued by the dealership late Friday.

The trendy crypto had the business press abuzz over the past few days, as it spiked 400 percent in value in a week. Its collective market value is now $40 billion — $20 billion of which was added in a single day. CNBC called it a "wild climb." Not bad for a currency created as joke in 2013, a fast and cheap alternative to Bitcoin.

New Dogecoin millionaires should probably act fact if they want to pick up a new set of wheels at Fertitta's shop, as experts warn of a Dogecoin bubble set to pop.

"People are buying the cryptocurrency, not because they think it has any meaningful value, but because they hope others will pile in, push the price up, and then they can sell off and make a quick buck," one investment analyst told a reporter. "When everyone is doing this, the bubble eventually has to burst, and you're going to be left shortchanged if you don't get out in time."

Nerd Wallet describes cryptocurrency as a form of payment that can be exchanged online for goods and services. "More than 6,700 different cryptocurrencies are traded publicly," the site reports. "And cryptocurrencies continue to proliferate. The total value of all cryptocurrencies [as of the second week of April 2021] was more than $2.2 trillion."

Besides novel methods of payment, clients of Post Oak Motor Cars have access to special concierge services and perks including dinner reservations, hotel stays, helicopter transfers, and anything else under the Tilman Fertitta, Landry's Inc. corporation umbrella across the country, per the company. "An exclusive world of luxury," says a Fertitta rep.

People + Places
Fall Philanthropy Report: Urban Harvest Farmers Market Helps ‘Transform Food Accessibility’

What year was your organization launched? Urban Harvest’s Saturday Farmers Market started in 2004 with just seven vendors, providing an outlet for local farms, community and backyard gardeners to sell fresh produce harvested directly from their soils. Now in its 20th year, the market has grown to be one of the largest markets in Texas, supporting over 100 local farmers, ranchers, and food artisans all from within 180 miles of Houston. The market draws 3,000 customers every Saturday morning and includes many original vendors like Animal Farm, Atkinson Farms, and Wood Duck Farm.

Keep Reading Show less

Jordyn Groover, Shelby Mayfield, Caitlin Core, Shanelle Shojaei

IT’S RODEO SEASON in Houston, and Kendra Scott is celebrating by opening a new concept store, Yellow Rose by Kendra Scott, deep in the heart of Texas. The shop — featuring a collection of furniture, accessories and clothing for the modern cowgirl — bowed in Heights Mercantile last week with a western-chic bash.

Keep Reading Show less
Parties

THE WEATHER IS changing, and soon, so will the time! Make the most of that extra hour of sun at Montrose’s Okto. This Mediterranean hotspot, located in Montrose Collective and part of Sof Hospitality — a group nominated for the prestigious 2025 James Beard Award in the competitive Outstanding Restaurateur category — is rolling out a new happy hour to enjoy on their urban-chic patio.

Keep Reading Show less
Food