James Pallotta is an American billionaire businessman. 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 2012–2020; co-owner and executive board member of the National Basketball Association’s Boston Celtics, and co-owner of esports franchise.
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.In August 2012, Pallotta became the chairman of the club, succeeding Thomas R. DiBenedetto, and becoming the 23rd in the club’s history. 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.
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.[18] 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.
