Jay Pritzker

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Jay Pritzker
Hyatt Corporation
SpouseCindy Friend
Children5, including Thomas, John, Daniel, Gigi
ParentAbram Nicholas Pritzker (father)
RelativesSee Pritzker family
Jay Pritzker Pavilion, Chicago, Illinois, USA

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

Early life and education

Pritzker was born in Chicago, Illinois to

Northwestern University School of Law in 1947.[2][4][5] Pritzker served in WWII as a naval aviator.[6]

Career

Pritzker diversified the Chicago-based family business—which then consisted of the Pritzker & Pritzker law firm run by his uncle,

Hyatt Hotel chain in 1957 with his brother Donald Pritzker and owned Braniff Airlines from 1983–1988.[citation needed
]

In 1979 he established the Pritzker Architecture Prize. In 1982, he acquired Ticketmaster and expanded it before selling 80% for more than $325 million to Microsoft co-founder Paul Allen in 1993.[7][8][9]

In 1979, Pritzker received the Golden Plate Award of the American Academy of Achievement.[10]

In 1996, he and his wife, Cindy, received the National Building Museum's Honor Award.[11] In 2004, the Jay Pritzker Pavilion, designed by architect Frank Gehry, was completed as part of Millennium Park in downtown Chicago.[citation needed]

Personal life

Pritzker was married to Marian "Cindy" Friend, the daughter of Illinois appellate judge Hugo Friend,[12][13] for 51 years.[14][15] They had five children:[16]

  • Nancy Pritzker (born 1948), died by suicide in 1972 at age 24. The University of Chicago medical school is named for her.[17]
  • Royal Caribbean, and the Pritzker Foundation.[16]
  • 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.[16]
  • 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 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.
  • Odd Lot Entertainment.[16]

See also

References

  1. ^ The Monthly Supplement. International Who's Who, Inc. January 1, 1951.
  2. ^ a b New York Times: "Jay Pritzker, Who Built Chain Of Hyatt Hotels, Is Dead at 76" By ANTHONY RAMIREZ January 25, 1999
  3. ^ "The fascinating life of Penny Pritzker (so far)". Fortune. Retrieved February 12, 2016.
  4. ^ Northwestern University Timeline Archived May 2, 2013, at the Wayback Machine retrieved April 17, 2013
  5. ^ Anderson, Jon (January 24, 1999). "JAY A PRITZKER". Chicago Tribune. Retrieved July 23, 2020.
  6. ^ Ramirez, Anthony (January 24, 1999). "Jay Pritzker, Billionaire Who Founded the Hyatt Hotel Chain, is Dead at 76". New York Times.
  7. ^ "Rival to Ticketron: Ticketmaster Emerging as Force in L.A." Los Angeles Times. January 31, 1985. Retrieved May 30, 2020.
  8. ^ "MICROSOFT CO-FOUNDER PAUL ALLEN BUYS CONTROL OF TICKETMASTER". Chicago Tribune. November 22, 1993. Retrieved May 30, 2020.
  9. Daily Variety
    . p. 17.
  10. American Academy of Achievement
    .
  11. ^ National Building Museum: List of Honor Award recipients retrieved April 17, 2013.
  12. ^ CNN Money: "THE PRITZKERS UNVEILING A PRIVATE FAMILY" By Ford S. Worthy April 25, 1988
  13. ^ Jewish Telegraphy Agency: "Judge Hugo Friend Named to Illinois Appellate Court" October 27, 1930
  14. ^ Vanity Fair: "Shattered Dynasty" by Suzanna Andrews May 2003
  15. ^ "2019-254 Cindy Pritzker Day" (PDF). 2020 Illinois Register. 44 (5): 2442–2443. January 31, 2020.
  16. ^
    Newspapers.com
    .
  17. ^ USA Today "Father's 'Little Princess' in big Pritzker family feud" Debbie Howlett July 15, 2003

External links