Net Worth: $210 Million
- Source of Wealth Businessman, Record Label Producing
- Birth Place London, UK
- Nationality English
- Date of Birth June 6, 1963
- Ethnicity English
- Occupation Businessman, Music Producer
- Education Worcester College, Oxford, Eton College
About Jamie Palumbo
British businessman and writer James ‘Jamie’ Palumbo has an approximated net worth of $210 million. He is the co-founder and present day chairman of Ministry of Sound Group- International night club and music business.
Before opening this recording sound in South London in September 1991, James worked in the City for Morgan Grenfell, Hambro Magan and Merrill Lynch. Since its introduction, this night club has expanded into various areas including bars, merchandise, consumer electronics, live events and beauty. It has also acquired brands such as HedKandi from guardian Media Group in 2006. It’s Palumbo’s main source of wealth.
Up to date, Ministry of sound recording has sold over fifty million albums. It is the largest independent music company world over. This recording has been a success since its establishment. James co-founded it with Justin Berkmann and Humphrey Waterhouse.
Palumbo was born on 6th June 1963, London, England. He had an estranged relationship with his dad and even engaged him in legal battle over family Trust mismanagement. He lives in London with Rawipim Paijit, his Thai friend of 30 years. He has a son (Allesandro) born to Atoosa Hariri (Iranian mother). Jamie also has various friends in politics.