Richard Santulli

Richard Santulli, a native of Brooklyn, New York, earned his bachelor and master’s degrees in applied mathematics and a master’s degree in operations research at Brooklyn Polytechnic Institute. Santulli worked as an investment banker, then as a vice president with Goldman Sachs & Co. from 1969-1980. Four years later, he purchased Executive Jet in 1984. He created NetJets Inc., which offered a new concept of fractional jet ownership and revolutionized the private and corporate business jet market. He sold the company to Berkshire Hathaway for $750 million in 1998, but stayed on as CEO through August, 2009.

Santulli got involved in racing in the early ’80s. With George Prussin, David Orlinsky, and the late Jules Fink as partners, Santulli formed Jayeff B Stable, whose top horses include 1989 champion sprint Safely Kept, who won the 1990 Breeders’ Cup Sprint, and 1998 champion filly Banshee Breeze (owned in partnership with her breeder James B. Tafel). Santulli serves as the managing general partner of Jayeff B.

A member of the Jockey Club since 2002, he has served on the Board of Directors of the Breeders’ Cup and the New York Racing Association.