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Jay Pritzker

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Nationality
  
USA

Role
  
Entrepreneur

Name
  
Jay Pritzker


Spouse(s)
  
Marian "Cindy" Friend

Occupation
  
Businessman

Died
  
January 23, 1999

Jay Pritzker mediaeconomistcomsitesdefaultfilescfimages

Full Name
  
Jay Arthur Pritzker

Born
  
August 26, 1922 (
1922-08-26
)

Alma mater
  
J.D. Northwestern University School of Law

Known for
  
Co-founder of Hyatt Corporation

Children
  
Thomas Pritzker, John Pritzker, Daniel Pritzker, Gigi Pritzker, Nancy Pritzker

Parents
  
Abram Nicholas Pritzker, Fanny Pritzker

Siblings
  
Robert Pritzker, Donald Pritzker

Grandchildren
  
Abby Pucker, Jessy Pucker, Elizabeth Pucker, Aaron Pucker, Maggie Pucker, Conan Pucker

Similar People
  

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Jay Arthur Pritzker (August 26, 1922 – January 23, 1999) was an American entrepreneur, conglomerate organizer, and member of the Pritzker family.

Contents

Jay Pritzker Anthony Pritzker son of Hyatt founder Jay Pritzker Founders

Early life and education

Pritzker was born in Chicago, Illinois, to a Jewish family that arrived in Chicago from a shtetl near Kyiv, Ukraine in 1881, the son of Fanny (née Doppelt) and Abram Nicholas Pritzker. He had two brothers: Donald Pritzker and Robert Pritzker. At the age of 14, Pritzker was admitted to the University of Chicago. He then went on to graduate with a J.D. from the Northwestern University School of Law in 1947.

Career

Pritzker diversified the Chicago-based family business—which then consisted of the Prizker & Prizker law firm run by his uncle Harry Nicholas Pritzker and the investments made by his father and his uncle Jack Nicholas Pritzker—into the Marmon Group holding company. With his brother Robert Pritzker, he built a portfolio of 60 diversified industrial corporations. He created the Hyatt Hotel chain in 1957 with his brother Donald Pritzker and owned Braniff Airlines from 1983–1988.

In 1979 he established the Pritzker Architecture Prize.

In 1996, he and his wife Cindy received the National Building Museum's Honor Award.

In 2004, the Jay Pritzker Pavilion, designed by architect Frank Gehry, was completed as part of Millennium Park in downtown Chicago.

Personal life

Pritzker was married to Marian "Cindy" Friend, the daughter of Illinois appellate judge Hugo Friend, for 51 years. They had five children:

  • Nancy Pritzker (born 1948), committed suicide in 1972 at age 24. The University of Chicago medical school is named for her.
  • Thomas Pritzker (born 1950), served as chairman of the Hyatt Foundation, chairman of Marmon Holdings, and as a director of Royal Caribbean, and CEO of the Pritzker Foundation.
  • John Pritzker (born 1953), runs his own private equity firm Geolo Capital, which focuses on investments in hospitality, entertainment and health and wellness companies. In 2010, he purchased a majority interest in the Joie de Vivre hotel chain and later merging it with the Pomeranc family's Thompson Hotel Group.
  • Daniel Pritzker (born 1959), musician and filmmaker who served as a trustee of the Jay Pritzker Foundation along with his wife, Karen. He also founded the Jay Pritzker Academy in Ta Chet, Cambodia; and is a prominent supporter of Providence St. Mel High School in Chicago and Tufts University. He is the owner of Jerry Garcia's famed guitar "Wolf", which he purchased at auction for $789,500.
  • Jean "Gigi" Pritzker (born 1962), a film and play producer, is CEO of Odd Lot Entertainment.
  • References

    Jay Pritzker Wikipedia