Pritzker family
The Pritzker family is an American family engaged in entrepreneurship and philanthropy, and one of the wealthiest families in the United States of America, being near the top of Forbes magazine’s “America’s Richest Families” list since the magazine began listings in 1982.
The family is most famous for owning the Hyatt hotel chain, and the Marmon Group, conglomerate of manufacturing and industrial service companies which has since been sold to Berkshire Hathaway.[1] Other holdings have included the Superior Bank of Chicago, which notably collapsed in 2001, the TransUnion credit bureau and the Royal Caribbean cruise line.
The Pritzker family and its members are of Jewish descent.[2]
The Pritzker family is known for its relationship to Chicago.[3]
Family business
In 1995, Jay Pritzker (cofounder of Hyatt) stepped down and Thomas Pritzker took control of the The Pritzker Organization.[3] When Jay died in 1999, the family decided to split the business into 11 pieces worth $1.4 billion a piece, but had to settle a lawsuit from two family members who received $500 million each.[3]
In 2011, the dissolution had been completed and each of the cousins had gone their separate ways, with some pursuing business and others pursuing philanthropic or artistic ventures.[4]
Members
- Jacob Pritzker (1831–1896) and Sophia Schwarzman (1850–1910)
- Nicholas Pritzker (1871–1956), Jewish immigrant from Kiev, founder of Pritzker & Pritzker law firm and a cousin of the existentialist philosopher Lev Shestov (Schwartzman).[5]
- Harry Nicholas Pritzker (1893–1957), lawyer, Pritzker and Pritzker law firm
- m. Elna Stone
- 2 children
- Richard S. Pritzker (born 1944)
- m. Lori Hart
- Joanne Pritzker (1946–1955)
- Richard S. Pritzker (born 1944)
- Abram Nicholas “A.N.” Pritzker (1896–1986), patriarch of family business enterprise
- m. Fanny Doppelt
- 3 children
- Jay Pritzker (1922–99), co-founder of Hyatt & philanthropist
- m. Marian “Cindy” Friend
- 5 children
- Nancy Pritzker (1948–72)
- Thomas Pritzker (born 1951), chief executive of The Pritzker Organization
- m. Margot Marshall
- 3 children
- John Pritzker (born 1953)
- m. Lisa Stone
- 3 children
- Daniel Pritzker (born 1959), founder, guitarist and songwriter for the band Sonia Dada, and documentary filmmaker
- m. Karen Edensworth
- 5 children
- Jean (Gigi) Pritzker Pucker (born 1962), filmmaker
- m. Michael Pucker
- 6 children
- Abby, Conan, Maggie, Elizabeth, Aaron, and Jessy
- Robert Pritzker (1926–2011) Founder of Marmon and Philanthropist; gave $60 million to the Illinois Institute of Technology
- m. Audrey Gilbert
- 3 children
- Jennifer N. Pritzker (born James, 1950), Colonel (RET), Illinois Army National Guard, founder of the Pritzker Military Museum & Library[6][7]
- 3 children
- Linda Pritzker (born 1953), Tibetan lama, author
- 3 children
- Karen Pritzker (born 1958)
- m. Michael Vlock
- 4 children
- Jennifer N. Pritzker (born James, 1950), Colonel (RET), Illinois Army National Guard, founder of the Pritzker Military Museum & Library[6][7]
- m. Irene Dryburgh
- 2 children
- Matthew Pritzker (born 1982)
- Liesel Matthews (born 1984), the stage name of actress Liesel Pritzker
- m. Ian Simmons
- m. Mayari Sargent
- no children
- Donald Pritzker (1932–72), co-founder and President of Hyatt
- m. Sue Sandel
- 3 children
- Penny Pritzker (born 1959), 38th United States Secretary of Commerce, chairman and CEO of PSP Capital Partners and Artemis Real Estate Partners, 2012 national co-chair of Obama for America, former Stanford University trustee.
- m. Bryan Traubert
- 2 children
- Anthony Pritzker (born 1961)
- m. Jeanne Kriser
- 6 children
- Jay Robert Pritzker, most commonly known as J.B. Pritzker, (born 1965), founder of Pritzker Group Venture Capital (formerly New World Ventures) and co-founder of Pritzker Group; national co-chairman of the Hillary Clinton presidential campaign, 2008.
- m. M.K. Muenster
- 2 children
- Penny Pritzker (born 1959), 38th United States Secretary of Commerce, chairman and CEO of PSP Capital Partners and Artemis Real Estate Partners, 2012 national co-chair of Obama for America, former Stanford University trustee.
- Jay Pritzker (1922–99), co-founder of Hyatt & philanthropist
- Jack Nicholas Pritzker (1904–79), real estate developer and lawyer
- m. Rhoda Goldberg (1914–2007)
- 1 child
- Nicholas J. Pritzker (born 1944), Chairman of the Board and CEO of the Hyatt Development Corporation
- 4 children
- Nicholas J. Pritzker (born 1944), Chairman of the Board and CEO of the Hyatt Development Corporation
- Harry Nicholas Pritzker (1893–1957), lawyer, Pritzker and Pritzker law firm
- Nicholas Pritzker (1871–1956), Jewish immigrant from Kiev, founder of Pritzker & Pritzker law firm and a cousin of the existentialist philosopher Lev Shestov (Schwartzman).[5]
Family fortune
Members of the Pritzker family on the Forbes 400 list of “The 400 Richest Americans 2015”:[8]
| Rank | Name | Net Worth |
|---|---|---|
| 557 | Anthony Pritzker | $3.1 billion |
| 512 | J.B. Pritzker | $3.4 billion |
| 847 | John Pritzker | $2.2 billion |
| 551 | Thomas Pritzker | $3.1 billion |
| 737 | Penny Pritzker | $2.5 billion |
| 847 | Daniel Pritzker | $2.2 billion |
| 1054 | Jennifer N. Pritzker | $1.78 billion |
| 737 | Jean (Gigi) Pritzker | $2.5 billion |
| 381 | Karen Pritzker | $4.3 billion |
| 1054 | Linda Pritzker | $1.85 billion |
| 1250 | Nicholas J. Pritzker | $1.48 billion |
| Total | $29 billion |
Legacy
- Pritzker School of Medicine at the University of Chicago
- Pritzker School of Law at Northwestern University
- Pritzker Architecture Prize
- Pritzker Military Museum & Library
- Pritzker Legal Research Center at Northwestern University School of Law
- Pritzker Institute of Biomedical Science and Engineering at Illinois Institute of Technology
- Jay Pritzker Pavilion at Chicago’s Millennium Park
- A.N. Pritzker Elementary School
- Pritzker College Prep, A Campus of the Noble Network of Charter High Schools
- Pritzker Family Children’s Zoo at the Lincoln Park Zoo
- Jay Pritzker Academy, Siem Riep Cambodia
- Pritzker Marine Biological Research Center at New College of Florida
- Pritzker Galleries of Impressionism and Post-Impressionism at the Art Institute of Chicago
References
- ↑ BAJAJ, Vikas (December 26, 2007). "Rapidly, Buffett Secures a Deal for $4.5 Billion". The New York Times. The New York Times. Retrieved 29 October 2015.
- ↑ "Pritzker family". Encyclopedia Britannica. Retrieved 20 September 2013.
- 1 2 3 "Inside the Pritzker family feud". tribunedigital-chicagotribune. Retrieved 2016-03-21.
- ↑ "Pritzker family agreement to divide wealth comes to a close". tribunedigital-chicagotribune. Retrieved 2016-03-21.
- ↑ N. L. Baranova-Shestova ″The Life of Lev Shestov″
- ↑ Geidner, Chris (August 23, 2013). "Billionaire Backer Of Open Transgender Military Service Comes Out As Transgender". BuzzFeed. Retrieved August 23, 2013.
- ↑ http://www.chicagobusiness.com/article/20130823/BLOGS03/130829911/james-pritzker-opens-new-chapter-in-her-life
- ↑ "The 400 Richest Americans 2015". Forbes.com. Retrieved 2011-10-23.