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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 well known for owning the Hyatt hotel chain, and the Marmon Group, a conglomerate of manufacturing and industrial service companies that has since been sold to Berkshire Hathaway. Other holdings have included the Superior Bank of Chicago, which collapsed in 2001, the TransUnion credit bureau, and the Royal Caribbean cruise line.

The Pritzker family is of Jewish descent and is known for its relationship to Chicago.


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Family business

In 1995, Jay Pritzker (cofounder of Hyatt) stepped down and Thomas Pritzker took control of The Pritzker Organization. When Jay died in 1999, the family split the business into 11 pieces worth $1.4 billion each, but had to settle a lawsuit from two family members who received $500 million each.

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.


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Genealogy


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Family fortune

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


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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

Source of the article : Wikipedia



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