The Pritzker family is an American family engaged in entrepreneurship and philanthropy, and one of the wealthiest families in the United States of America (staying in the top 10 of Forbes magazine's 'America's Richest Families' list, since the magazine began such listings in 1982). Its fortune arose in the 20th century—particularly through the founding and expansion of the Hyatt hotel corporation.
Family members still largely own Hyatt, and also owned the Marmon Group, a conglomerate of manufacturing and industrial service companies (which has since been sold to Berkshire Hathaway).[1] Their holdings also have included the Superior Bank of Chicago (which collapsed in 2001), the TransUnioncredit bureau, Braniff airlines, McCall's magazine, and the Royal Caribbeancruise line.
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The Pritzker family is of Jewish descent,[2] and based in Chicago, Illinois.[3]
Family fortune[edit]
In 1995, Jay Pritzker, the cofounder of Hyatt, stepped down and Thomas Pritzker took control of The Pritzker Organization.[3] When the former died in 1999, the family split the business into 11 pieces worth $1.4 billion each[3] (and chose to settle a lawsuit from two family members, who apparently received $500 million each, in 2005).[4][5][6] By 2011, the dissolution had been completed, and the cousins had gone their separate ways, with some pursuing business, and others philanthropic or artistic ventures.[7] According to Inside Philanthropy, there are so many Pritzkers, with so many different vehicles or foundations for their philanthropic giving, that it is difficult to keep track.[vague][8]
Genealogy[edit]
- Jacob Pritzker (1831–1896) and Sophia Schwarzman (1850–1910)
- Nicholas Pritzker (1871–1956), Jewish immigrant from Kiev, founder of Pritzker & Pritzker law firm in Chicago 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 (1944-2015), 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, philanthropist, founder of the Pritzker Prize. 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)
- Daniel Pritzker (born 1959), founder, guitarist and songwriter for the band Sonia Dada, and documentary filmmaker, married Karen Edensword
- Jean (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 Buddhistlama, author
- Karen Pritzker (born 1958), married Michael Vlock
- Matthew Pritzker (born 1982)
- Liesel Pritzker (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
- J. B. 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.
- Jay Pritzker (1922–1999), co-founder of Hyatt, philanthropist, founder of the Pritzker Prize. Married Marian 'Cindy' Friend
- 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
- Harry Nicholas Pritzker (1893–1957), lawyer at Pritzker and Pritzker law firm, married Elna Stone
- Nicholas Pritzker (1871–1956), Jewish immigrant from Kiev, founder of Pritzker & Pritzker law firm in Chicago and a cousin of the existentialist philosopher Lev Shestov (Schwartzman),[9] married Annie P. Cohn
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Family members fortune[edit]
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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 | $2.6 billion |
| 551 | Thomas Pritzker | $3.1 billion |
| 737 | Penny Pritzker | $2.5 billion |
| 847 | Daniel Pritzker | $2.2 billion |
| 1054 | Jennifer Pritzker (born James) | $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[edit]
- Jay Pritzker Pavilion at Chicago's Millennium Park
- Jay Pritzker Academy, Siem Riep Cambodia
- Pritzker Family Children's Zoo at the Lincoln Park Zoo
- Pritzker College Prep, A Campus of the Noble Network of Charter High Schools
- Pritzker Institute of Biomedical Science and Engineering at the Illinois Institute of Technology
- Pritzker School of Law at Northwestern University
- Pritzker Legal Research Center at Northwestern
- Pritzker School of Medicine at the University of Chicago (UChicago)
- Pritzker School of Molecular Engineering at UChicago
- 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
- 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
- Pritzker Military Museum and Library-cited earlier in this article.
See also[edit]
References[edit]
- ^Bajaj, Vikas (December 26, 2007). 'Rapidly, Buffett Secures a Deal for $4.5 Billion'. The New York Times. Retrieved 29 October 2015.
- ^'Pritzker family'. Encyclopædia Britannica. Retrieved 20 September 2013.
- ^ abcChandler, Susan; Bergen, Kathy (June 12, 2005). 'Inside the Pritzker family feud'. Chicago Tribune. Retrieved 2016-03-21.
- ^Wilgoren, Jodi (2005-01-07). '$900 Million Accord Enables Breakup of Pritzker Dynasty'. The New York Times. ISSN0362-4331.
- ^Chandler, Susan (February 12, 2004). 'Judge sets hearing on sealed Pritzker cases'. Chicago Tribune. Retrieved 2020-11-23.
- ^'Shattered Dynasty'. Vanity Fair. June 2007. Retrieved 2011-11-05.
- ^'Pritzker family agreement to divide wealth comes to a close'. Chicago Tribune. June 12, 2005. Retrieved 2016-03-21.
- ^Rojc, Philip (August 17, 2017). 'So Many Pritzkers, So Much Philanthropy: Meet This Top Family of Givers'. Inside Philanthropy. Retrieved 2019-05-30.
- ^Baranova-Shestova, N.L. The Life of Lev Shestov. p. 290. ISBN978-5-458-24845-7.
- ^Geidner, Chris (August 23, 2013). 'Billionaire Backer Of Open Transgender Military Service Comes Out As Transgender'. BuzzFeed. Retrieved August 23, 2013.
- ^'James Pritzker opens new chapter in her life'. Retrieved 16 March 2017.
- ^'JB Pritzker wins the Illinois Democratic primary – facing off against a deeply unpopular Republican governor in a blue state this fall'.
- ^Peterson-Withorn, Chase (Sep 29, 2015). '2015 Forbes 400: Full List Of America's Richest People'. Forbes. Retrieved 2020-11-23.