James Rudolph Palumbo, Baron Palumbo of Southwark (born 6 June 1963) is a British entrepreneur and member of the House of Lords.
Early life and education The eldest son of property developer Peter Palumbo, Baron Palumbo, Jamie was born in London and educated at Eton College and Worcester College, Oxford.
Career From 1984 to 1992, Palumbo worked in the City of London for the investment banks Merrill Lynch and Morgan Grenfell, focusing on equity capital markets and property finance.
In September 1991 Palumbo, together with his school friend Humphrey Waterhouse and DJ Justin Berkmann, founded the Ministry of Sound nightclub in South London. Ministry of Sound expanded into recorded music and by 2014 had become the largest independent music company in the world.Club class: 20 years of the Ministry of Sound, The Independent. Retrieved 26 September 2014. In 2016 he sold Ministry of Sound Recordings to the Sony Music Group for $104 million.
In 1994 he launched legal proceedings against his father with his sister, Annabella Adams, claiming his father had mismanaged the family trust; subsequently his father resigned as a trustee.Kate Rankine, 'Daily Telegraph', 13 September 2003, Business profile: Chairman with a passion for needlework
His debut novel about corruption in the modern world, Tomas, was published in 2009."Tomas", Quartet Books. Retrieved 20 May 2014. Stephen Fry called the novel "remarkable... It's as if Thomas Pynchon and Burroughs and Vonnegut got together and had a bastard love child."YouTube His second novel, Tancredi, about short-termism in politics, was published in 2011.
House of Lords Following the 2010 election, Palumbo helped reorganise Lib Dem headquarters to make the party more efficient in Government. In October 2013, Palumbo was created a life peer taking the title Baron Palumbo of Southwark, of Southwark, in the London Borough of Southwark.
Personal life Palumbo lives in London with a Thai female friend, Rawipim Paijit.How the Ministry of Sound founder and a DJ is helping save stray dogs in Thailand - website of the newspaper Daily Express In 2017, he opened an animal sanctuary in Thailand with Paijit, focused on spay and neuter, rescue, rehabilitation and rehoming of street dogs.
He has a child, born in 1991 to Atoosa Hariri.
Awards In 2016, Palumbo was appointed an Honorary Fellow of the School of Business at London South Bank University, this in recognition for his achievements in the business world and his contribution to the local cultural landscape.James Palumbo, Honorary Fellow - website of the London South Bank University
References
External links Voting record at the Public Whip Street Dog SOS