Jay Pritzker

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Jay Pritzker
Born
Jay Arthur Pritzker

(1922-08-26)August 26, 1922
DiedJanuary 23, 1999(1999-01-23) (aged 76)
NationalityAmerican
Alma materUniversity of Chicago (B.A.)
Northwestern University School of Law (J.D.)
OccupationBusinessman
Known forCo-founder of Hyatt Corporation
Spouse(s)Marian "Cindy" Friend
ChildrenNancy Pritzker (deceased)
Thomas Pritzker
John Pritzker
Daniel Pritzker
Jean "Gigi" Pritzker
Parent(s)Abram Nicholas Pritzker
Fanny Doppelt

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[edit]

Pritzker was born in Chicago, Illinois to a Jewish family that arrived in Chicago from a Jewish shtetl near Kyiv, Ukraine in 1881,[1] the son of Fanny (née Doppelt) and Abram Nicholas Pritzker. He had two brothers: Donald Pritzker and Robert Pritzker.[2] At the age of 14, Pritzker was admitted to the University of Chicago.[3] He then went on to graduate with a J.D. from the Northwestern University School of Law in 1947.[4]

Career[edit]

Pritzker diversified the Chicago-based family business—which then consisted of the Pritzker & Pritzker 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.[5]

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

Personal life[edit]

Pritzker was married to Marian "Cindy" Friend, the daughter of Illinois appellate judge Hugo Friend,[6][7] for 51 years.[8] They had five children:[9]

See also[edit]

References[edit]

  1. ^ The Economist: "Jay Pritzker, pioneer of the modern hotel chain, died on January 23rd, aged 76" January 28, 1999
  2. ^ 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 2016-02-12.
  4. ^ Northwestern University Timeline retrieved April 17, 2013
  5. ^ National Building Museum: List of Honor Award recipients retrieved April 17, 2013
  6. ^ CNN Money: "THE PRITZKERS UNVEILING A PRIVATE FAMILY" By Ford S. Worthy April 25, 1988
  7. ^ Jewish Telegraphy Agency: "Judge Hugo Friend Named to Illinois Appellate Court" October 27, 1930
  8. ^ Vanity Fair: "Shattered Dynasty" by Suzanna Andrews May 2003
  9. ^ a b c d e Chicago Tribune: "The Pritzker family tree" By Melissa Harris and Julie Wernau December 18, 2011
  10. ^ USA Today "Father's 'Little Princess' in big Pritzker family feud" Debbie Howlett July 15, 2003

External links[edit]