james joseph pallotta (born march 13, 1958) 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 2011 to 2020; co-owner and executive board member of the national basketball association's boston celtics, and co-owner of esports franchise fnatic.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.raptor focuses on various industries including  sports, consumer, technology, media, entertainment, and financial services.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.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.
james pallotta | birthplace | boston
along with sisters carla and christine pallotta, he was raised in boston's italian north end neighborhood.