Bill Chisholm, a lifelong Boston Celtics fan and co-founder of Symphony Technology Group, has purchased the team for a record-breaking $6.1 billion, with an estimated net worth of around $7.5 billion.
The Boston Celtics have a new owner: Bill Chisholm, a lifelong fan of the team. While his name may not be familiar to many, he recently made headlines by purchasing the Celtics from the Grousbeck family for a record-breaking $6.1 billion -- marking the highest sale price in North American sports history, per ESPN's Shams Charania.
The Grousbeck family originally acquired the Celtics in 2002 for $360 million, resulting in a staggering profit of over $5.5 billion from this sale. Although Chisholm's exact net worth is not officially known, the Celtics Forum suggests it may be around $7.5 billion.
Chisholm was born and raised in Massachusetts and attended Dartmouth College, where two of his children also studied. He is the co-founder, managing partner, and chief investment officer of Symphony Technology Group (STG), based in Menlo Park, California.
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Phoenix SunsAs of March 2023, STG managed approximately $10 billion in assets, with a portfolio of over 50 active and closed investments. Before founding STG, Chisholm co-founded The Valent Group and held positions at Bain & Company and PaineWebber.
In addition to Chisholm, the new ownership group reportedly includes current co-owner Robert Hale, Related Companies President Bruce Beal Jr., and the global investment firm Sixth Street.
This transaction surpasses last year's sale of the NFL's Washington Commanders, which was previously the most expensive in American sports history at $6.05 billion.
