Pritzker family
Net worth 11.4 billion
The Pritzkers, a powerful Chicago family, established the Hyatt Hotel chain. Jay Pritzker, Hyatt’s co-founder, stepped down in 1995. When he died in 1999, his family divided the company into 11 pieces, each worth $1.4 billion. In 2005, the family chose to settle a lawsuit brought by two family members, who allegedly earned $500 million apiece.
The Pritzkers have constantly been towards the top of Forbes’ list of “America’s Richest Families,” since its creation in 1982.
Hyatt’s chairman is Thomas Pritzker, and his son, Jason Pritzker, also serves on the company’s board.
Pritzker Group’s permanent capital base brings
J.B. Pritzker who elected governor of Illinois in 2019, established in 1996 the Pritzker Group with Tom Pritzker. The company comprises three investment strategies: private capital, venture capital, and asset management.
J.B sister, Penny Pritzker, served as Secretary of Commerce under the Obama administration.
Liesel Pritzker Simmons has created a name for herself as an impact investor after suing her father and the Pritzker family in 2002 (the family settled).
Many Pritzkers are renowned for their positions outside of the hotel industry.
Penny Pritzker former Secretary of Commerce served under President Barack Obama from 2013 to 2017.
In 2019 her brother, Jay Robert “J. B.” Pritzker (D) was elected Governor of Illinois.
According to Inside Philanthropy, there are so many Pritzkers with so many different vehicles or foundations for their philanthropic giving that keeping track is tough.
