Jim Rappaport James Rappaport is a real estate developer , entrepreneur, attorney, philanthropist, and Republican politician from Massachusetts .Personal life Educated at the Wharton School of Business and Boston University School of Law , he lives with his wife in Boston, Massachusetts . and Sedona, Arizona .He has filed a chapter 11 Bankruptcy case #2-14-bk-14448 in the Bankruptcy court in Arizona, where he is attempting to sell his multimillion dollar home in Sedona Arizona Political career Rappaport's career began as a Concord real estate developer, a successful occupation that largely enabled him to self-finance in his 1990 Senate attempt against Senator John Kerry . Though the polls showed early on that Rappaport, a GOP start-up, had a shot at the Senator , the campaign fizzled out by November, and he ended up losing by 13%. Rappaport was then elected as the Massachusetts Republican Party Chairman, a position he would hold from 1992 to 1997. After being rumored as a possible Lt. Governor to then-Governor Jane Swift , Rappaport jumped in the Lt. Governor's race in 2002, only to then be beaten by Mitt Romney's hand-chosen running-mate, Kerry Healey .Current activities Rappaport remains actively involved in numerous civic and charitable organizations , including serving in a number of leadership positions for the Combined Jewish Philanthropies. He is also a member of the Board of Trustees for the Dana Farber Cancer Institute as well as the Board of Overseers of Boston's Children's Hospital . He is the co-founder and Chairman of the Board of Specialty Hospitals America, LLC.
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