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 owns the Hyatt hotel chain, and owned the Marmon Group, a conglomerate of manufacturing and industrial service companies that has since been sold to Berkshire Hathaway.[1] Other holdings have included the Superior Bank of Chicago, which collapsed in 2001, the TransUnion credit bureau, Braniff airlines, McCall's magazine, and the Royal Caribbean cruise line. The company of the family Pritzker Group was the second largest contributor to the Clinton Campaign in 2016.[2]


The Pritzker family is of Jewish descent[3] and based in Chicago, Illinois.[4]




Contents






  • 1 Family business


  • 2 Genealogy


  • 3 Family fortune


  • 4 Legacy


  • 5 See also


  • 6 References





Family business


In 1995, Jay Pritzker, the cofounder of Hyatt, stepped down and Thomas Pritzker took control of The Pritzker Organization.[4] When Jay died in 1999, the family split the business into 11 pieces worth $1.4 billion each,[4] but had to settle a lawsuit from two family members who apparently received $500 million each in 2005.[5][6][7] In 2011, the dissolution had been completed and the cousins had gone their separate ways, with some pursuing business and others pursuing philanthropic or artistic ventures.[8]



Genealogy


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  • 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),[9] married Annie P. Cohn


      • Harry Nicholas Pritzker (1893–1957), lawyer at Pritzker and Pritzker law firm, married Elna Stone

        • Richard S. Pritzker (born 1944), married Lori Hart

        • Joanne Pritzker (1946–1955)




      • Abram Nicholas Pritzker (1896–1986), patriarch of family business enterprise, married Fanny Doppelt


        • Jay Pritzker (1922–1999), co-founder of Hyatt and philanthropist, married Marian "Cindy" Friend

          • Nancy Pritzker (1948–1972)


          • Thomas Pritzker (born 1950), chief executive of The Pritzker Organization, married Margot Marshall


          • John Pritzker (born 1953), married Lisa Stone


          • Daniel Pritzker (born 1959), founder, guitarist and songwriter for the band Sonia Dada, and documentary filmmaker, married Karen Edensword


          • Gigi Pritzker (born 1962), filmmaker, married Michael Pucker




        • Robert Pritzker (1926–2011), founder of Marmon Group and philanthropist, married to Audrey Gilbert, Irene Dryburgh, and Mayari Sargent


          • Jennifer N. Pritzker (born James, 1950), Colonel (Ret), Illinois Army National Guard, founder of the Pritzker Military Museum & Library[10][11]


          • Linda Pritzker (born 1953), Tibetan Buddhist lama, author


          • Karen Pritzker (born 1958), married Michael Vlock


          • Matthew Pritzker (born 1982)


          • Liesel Matthews (born 1984), actress, married Ian Simmons




        • Donald Pritzker (1932–1972), co-founder and president of Hyatt, married Sue Sandel


          • 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, married Bryan Traubert


          • Anthony Pritzker (born 1961), married Jeanne Kriser


          • Jay Robert Pritzker (born 1965), founder of Pritzker Group Venture Capital (formerly New World Ventures), co-founder of Pritzker Group, Governor of Illinois(2019 - present)[12], national co-chairman of the Hillary Clinton presidential campaign, 2008, married M.K. Muenster






      • Jack Nicholas Pritzker (1904–1979), real estate developer and lawyer, married Rhoda Goldberg (1914–2007)

        • Nicholas J. Pritzker (born 1944), Chairman of the Board and CEO of the Hyatt Development Corporation, married Susan Stowell







Family fortune


Members of the Pritzker family on the Forbes 400 list of "The 400 Richest Americans 2015":[13]




































































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 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

  • Pritzker Traubert Family Library at the University of Chicago Laboratory Schools

  • The Pritzker Organization

  • Pritzker Edition of ''Zohar'' (the Book of Radiance), translation & commentary by Daniel Matt and, for last 3 volumes, Nathan Wolski and Joel Hecker; 12 vols, Stanford University Press, 1997-2017



See also



  • The Pritzker Estate

  • List of largest houses in the Los Angeles Metropolitan Area

  • List of largest houses in the United States



References





  1. ^ Bajaj, Vikas (December 26, 2007). "Rapidly, Buffett Secures a Deal for $4.5 Billion". The New York Times. Retrieved 29 October 2015..mw-parser-output cite.citation{font-style:inherit}.mw-parser-output .citation q{quotes:"""""""'""'"}.mw-parser-output .citation .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .citation .cs1-lock-limited a,.mw-parser-output .citation .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .citation .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/4/4c/Wikisource-logo.svg/12px-Wikisource-logo.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-maint{display:none;color:#33aa33;margin-left:0.3em}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}


  2. ^ https://www.opensecrets.org/pres16/contributors?id=N00000019


  3. ^ "Pritzker family". Encyclopædia Britannica. Retrieved 20 September 2013.


  4. ^ abc "Inside the Pritzker family feud". Chicago Tribune. Retrieved 2016-03-21.


  5. ^ "$900 Million Accord Enables Breakup of Pritzker Dynasty", Jodi Wilgoren, The New York Times, January 7, 2005


  6. ^ Chicago Tribune. "Judge sets hearing on sealed Pritzker cases" by Susan Chandler (February 12, 2004)


  7. ^ "Shattered Dynasty". Vanity Fair. 2007-06-01. Retrieved 2011-11-05.


  8. ^ "Pritzker family agreement to divide wealth comes to a close". Chicago Tribune. Retrieved 2016-03-21.


  9. ^ Baranova-Shestova, N.L. The Life of Lev Shestov. p. 290. ISBN 978-5-458-24845-7.


  10. ^ Geidner, Chris (August 23, 2013). "Billionaire Backer Of Open Transgender Military Service Comes Out As Transgender". BuzzFeed. Retrieved August 23, 2013.


  11. ^ "James Pritzker opens new chapter in her life". Retrieved 16 March 2017.


  12. ^ "JB Pritzker wins the Illinois Democratic primary – facing off against a deeply unpopular Republican governor in a blue state this fall".


  13. ^ "The 400 Richest Americans 2015". Forbes. Retrieved 2011-10-23.



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