About Jim Pallotta
Jim Pallotta is an American businessman and founder of Raptor Groups, an American private investment company.
Jim was born on March 13, 1958, to Italian parents. He graduated from the University of Massachusetts Amherst, earning a BBA and later an MBA at Northeastern University.
Jim Pallotta was the co-owner, chairman, and the main shareholder of the Series A football club, A.S. Roma along with Michael Ruane and two other investors. He founded the Raptor Group and is currently the vice-chairman at Tudor Investment Corporation. He is also a co-owner at Boston Celtics.
Read more about his bio, family, net worth, and career.
Jim Pallotta Net Worth, Earnings & Spending Habits
What is Jim Pallotta’s net worth?
Jim Pallotta is estimated to be worth around $1 billion. Jim got most of his fortune as an investor and businessman.
How much does Jim Pallotta earn per year?
Currently, there is no information regarding Jim's annual income.
Height, Age & Physical Attributes
How tall is Jim Pallotta?
Currently, there is no information regarding Jim Pallotta's height.
How old is Jim Pallotta?
Jim Pallotta celebrates his birthday on March 13 every year. In 2022, the billionaire businessman clocked 64.
Childhood And Education
James Joseph 'Jim' Pallotta was born on March 13, 1958, to Italian parents, Angela Maria Di Giacomo and James Pallotta, in Boston, Massachusetts. His mother was from Canosa Di Puglia, Apulia and father from Calabria. Jim was raised alongside his sisters Carla and Christine Pallotta in the Italian North end of Boston, unofficially known as Boston's 'Little Italy'. Currently, Jim's sisters own and operate NEBO Cucina & Enoteca.
Jim Pallotta graduated from the University of Massachusetts Amherst with a BBA degree before continuing his education at Northeastern University, where he earned an MBA.
Family, Romance, And Relationships
Who is Jim Pallotta’s partner?
Jim Pallotta is married to Kimberly Pallotta. They have two children together, Christopher Pallotta and Michael Pallotta.
Career And Professional Highlights
Best Known As...
Jim Pallotta is best known as the founder of Raptor Group and co-owner of the Boston Celtics.
Jim Pallotta founded the private investment company Raptor Group in 2009 and is currently a managing partner at the company. The company, which operates as a financial service firm, focuses on several industries, including technology, sports, entertainment, and healthcare. Currently, the company has branches in Boston, Abu Dhabi, New York City, London, and Miami.
In 2011, Jim and three other American investors (Thomas R. DiBenedetto, Richard D'Amore, and Michael Ruane) took over the affairs of the Italian soccer club A.S. Roma. Later, Jim Pallotta became the main shareholder and the 23rd chairman of the club, succeeding Thomas R. DiBenedetto. While Jim was in charge, the club primarily capitalized on selling its players, obtaining over half a billion on trading players, which earned him the nickname 'King of capital gains'. Jim sold his share of the club's stake to American businessman Dan Friedkin.
Jim Pallotta has invested massively in various sectors, including technology and healthcare. He is the Vice-Chairman of Tudor Investment Corporation. He also serves as a member of the Board of Trustees for Northeastern University, Santa Fe Institute, and Buoniconti Fund. Jim is also a member of the Advisory Council for Tucol and a board member for MIT's Center for Brains, Minds, and Machines' External Advisory Committee.
Other Interesting Jim Pallotta Facts And Trivia
- Jim Pallotta owns a $21 million home in Weston, Massachusetts, United States. The 27.5 ac (11.12 ha) estate was built by Kenneth Vona Construction and designed by SLC Designs. The gorgeous house has 20 rooms in total, five of which are bedrooms. Other rooms include a sunroom, a formal living room, a dining room, a large kitchen, a music room, a game room, and a 12-seat home theater. The building also has a 50 ft (15.24 m) swimming pool, pool house, and tennis court.
- Jim Pallotta became a co-owner at Boston Celtics after buying a minor stake at the club in 2002.
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