AS Roma: personal fortune of Dan Friedkin (USA), future owner of the club, estimated at $4.1bn

Dan Friedkin, the American billionaire who is in the process of buying AS Roma (Serie A TIM) for the sum of €591m, according to the official announcement of 05/08/2020, has a personal fortune estimated at $4.1bn (€3.4bn) according to Forbes magazine as of 07/08/2020.

"I am pleased to confirm we have reached an agreement with The Friedkin Group for the sale of AS Roma. We have signed the contracts tonight and, over the coming days, will now work together to complete the formal and legal process that will result in the club changing hands," stated James Pallotta, president of AS Roma (Serie A TIM) since 2011, on 05/08/2020.

The Friedkin Group, Inc. is an American holding company based in Houston (Texas, USA) with companies in the sectors including automotive, luxury tourism and entertainment. Among these companies is, in particular, Gulf States Toyota (GST), which sells Toyota vehicles, including $9bn (€7.9bn on 31/12/2018) in sales in 2018. This company, also based in Houston has exclusive Toyota distribution rights in five American states (Texas, Arkansas, Louisiana, Mississippi…