Age, Biography and Wiki
James Pallotta (James Joseph Pallotta) was born on 13 March, 1958 in Stoneham, Massachusetts, U.S., is an American billionaire businessman (born 1958). Discover James Pallotta's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 66 years old?
| Popular As |
James Joseph Pallotta |
| Occupation |
Businessman |
| Age |
66 years old |
| Zodiac Sign |
Pisces |
| Born |
13 March, 1958 |
| Birthday |
13 March |
| Birthplace |
Stoneham, Massachusetts, U.S. |
| Nationality |
United States
|
We recommend you to check the complete list of Famous People born on 13 March.
He is a member of famous Businessman with the age 66 years old group. He one of the Richest Businessman who was born in United States.
James Pallotta Height, Weight & Measurements
At 66 years old, James Pallotta height not available right now. We will update James Pallotta's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is James Pallotta's Wife?
His wife is Kimberly Pallotta
| Family |
| Parents |
Not Available |
| Wife |
Kimberly Pallotta |
| Sibling |
Not Available |
| Children |
Christopher Pallotta, Michael Pallotta |
James Pallotta Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is James Pallotta worth at the age of 66 years old? James Pallotta’s income source is mostly from being a successful Businessman. He is from United States. We have estimated James Pallotta's net worth, money, salary, income, and assets.
| Net worth |
US$1 billion (2018) |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Businessman |
James Pallotta Social Network
Timeline
James Joseph Pallotta (born March 13, 1958) is an American billionaire businessman.
Pallotta was born in 1958 in Boston to a mother from Canosa di Puglia, Apulia and a father from Calabria, Italy.
Along with sisters Carla and Christine Pallotta, he was raised in Boston's Italian north end neighborhood.
His sisters own and operate NEBO Cucina & Enoteca in Boston's financial district.
Pallotta earned a BBA at University of Massachusetts Amherst and an MBA at Northeastern University.
Pallotta founded Raptor Group, a private investment company with offices in Boston, New York City, Miami, London, and Abu Dhabi.
Raptor focuses on various industries including sports, consumer, technology, media, entertainment, and financial services.
In 2009, he founded Raptor Group, a private investment company.
Prior to forming Raptor, Pallotta was vice chairman at Tudor Investment Corporation.
He was co-owner and chairman of the Italian football club A.S. Roma from 2011 to 2020; co-owner and executive board member of the National Basketball Association's Boston Celtics, and co-owner of esports franchise Fnatic.
Pallotta, along with three other American investors (Thomas R. DiBenedetto, Michael Ruane and Richard D'Amore) acquired Serie A football club A.S. Roma in 2011.
After becoming one of the owners in 2011, in August 2012, Pallotta became the chairman of club, succeeding Thomas R. DiBenedetto, and becoming the 23rd in the club's history.
During Pallotta's ownership, the club would primarily engage in capitalizing on the sale of its players, leading AS Roma to obtain over half a billion in capital gains on player trading operations, which earned Pallotta the nickname of “King of capital gains”.
This financial approach to football, coupled with one of AS Roma's longest period without winning any trophies, as well as what many considered an undeserved dismissal of AS Roma icons Francesco Totti and Daniele De Rossi, lead to a serious clash with the fans and the only worldwide protest in AS Roma history, with disapproving banners in several remote parts of the world.
In December 2019, Pallotta was in final negotiations to sell the team for $872 million, to American businessman Dan Friedkin.
In August 2020, Friedkin signed the preliminary contract to agree to pay $591 million to Pallotta, the main shareholder of Roma.
As the club's balance sheets later revealed, AS Roma had tremendous debt and seriously risked bankruptcy before having to be transferred to a new ownership in 2020.
Prior to Raptor Group, Pallotta was a vice chairman and partner at Tudor Investment Corporation.
Pallotta is a member of the board of trustees for the Santa Fe Institute and the board of trustees for Northeastern University.
Pallotta serves on the board of directors for New Profit Inc. as well as the board of advisors for Tulco, LLC.
He is also a member of the advisory council for the MIT Media Lab and the external advisory committee for the Center for Brains, Minds and Machines (CBMM) at MIT.
