Adam Pritzker Explained

Adam Pritzker
Birth Date:17 July 1984
Birth Place:San Francisco, California, U.S.
Occupation:Entrepreneur
Alma Mater:Columbia University
Known For:Co-Founder, General Assembly and Assembled Brands
Family:Pritzker family

Adam Pritzker (born July 17, 1984) is an American entrepreneur. He is the chairman and CEO of Assembled Brands, a holding company of fashion and lifestyle consumer brands,[1] [2] and was co-founder and chairman of General Assembly, a private school for professional development.[3] [4] In 2018, General Assembly was sold to The Adecco Group for over $400 million.[5] [6]

Education

Pritzker attended San Francisco University High School and Columbia University,[7] graduating in 2008 with a Bachelor of Arts in anthropology.[8] [9] He studied with Jeffrey Sachs at Columbia, and went on to work for him at The Earth Institute.[10]

Career

Pritzker co-founded the General Assembly in January 2011 with Jake Schwartz, Brad Hargreaves, and Matt Brimer.[11] Pritzker and his partners started the company as a New York coworking space that offered practical classes on technology, design and entrepreneurship. The 20,000 square foot space was modeled after a college campus, according to Pritzker. He served as the chief creative officer, and helped its expansion to eight other locations globally.[12] He was named to the Inc. (magazine) 30 under 30 list,[13] and the Forbes magazine 30 under 30 list for his work at General Assembly. He left his day-to-day job at the business in 2013 but remained chairman until its sale to The Adecco Group.[14]

In 2013, Pritzker co-founded Assembled Brands. In 2016 he made a co-founding investment in the Khaite fashion brand.[2] [15] [1] [16]

In 2021, he was named a trustee of Columbia University.[17]

Political action

In October 2017, Pritzker partnered with Jeffrey Sachs, a development economist at Columbia University, and Daniel Squadron, a former New York state senator, to found Future Now. The group's mission was to promote "America's Goals 2030", a set of national policy priorities, by funding state-level political candidates committed to working toward those goals. The organization's policy agenda is based on the U.N.'s Sustainable Development Goals  - a global list of priorities approved in 2015 by the 193 U.N. members.[18] [19] [20]

In addition to Future Now, Pritzker and Squadron co-founded the States Project, an advocacy nonprofit organization to win Democratic governing majorities in state legislatures.[21] [22] [23]

Personal life

Pritzker married Sophie McNally in 2016.[24] He is a fourth-generation member of the Pritzker family, son of John Pritzker and grandson of Jay Pritzker.[25] His uncle, Thomas Pritzker, is the executive chairman of Hyatt Hotels Corporation, and his aunt, Gigi Pritzker, is a film producer. He and his family live in Beverly Hills and Montecito, California.[26] [27]

Notes and References

  1. Web site: Mau. Dhani. How Adam Pritzker is Building an American Fashion Conglomerate of Brands That Make Sense. October 15, 2018. 17 February 2023. Fashionista.
  2. News: Can America Build Its Own LVMH?. Friedman. Vanessa. June 8, 2016. The New York Times. subscription. 0362-4331. December 7, 2016.
  3. News: General Assembly Aims to Gather New York Techies. Wortham. Jenna. January 24, 2011 . Bits Blog. December 7, 2016.
  4. Web site: Adam Pritzker On Selling His First Business For $400M And Reinventing How Brands Are Built. Alejandro Cremades. May 26, 2019. Alejandro Cremades. en-US. November 6, 2019.
  5. News: Adecco buys General Assembly in $412.5 million deal to boost growth. April 16, 2018. Reuters. November 3, 2019. en.
  6. Web site: He Sold His First Business For More Than $400 Million And Is Now Reinventing How Brands Are Built. Cremades. Alejandro. Forbes. en. November 3, 2019.
  7. Web site: UHS Journal Fall 2014 NOAR by SFUHSorg . Fall 2014 . February 6, 2022. Issuu. San Francisco University High School. en.
  8. News: General Assembly Co-Founder Is Leaving To Start A New Company. Shontell. Alyson. April 25, 2013. Business Insider. December 8, 2016.
  9. Web site: Adam Pritzker '08CC, along with Daniel Squadron and Jeffrey Sachs, Have a New Plan to Fix Our Broken Politics. October 11, 2017. Columbia Entrepreneurship. en-US. May 23, 2020.
  10. Web site: A Pritzker Sets Out With Ideas of Empire. Gelles. David. November 5, 2014. DealBook. en. May 23, 2020.
  11. Web site: General Assembly aims to match education to market demands. Lloyd . Tim . January 12, 2013 . VentureBeat. December 8, 2016.
  12. Web site: Adam Pritzker, 28, Cofounder and Chief Creative Officer, General Assembly . https://web.archive.org/web/20121231025938/http://www.forbes.com/pictures/lml45mkil/adam-pritzker-28-cofounder-and-chief-creative-officer-general-assembly/. dead. December 31, 2012. 23. Casserly. Meghan. Forbes. December 8, 2016.
  13. News: Donna . Fenn . Where Entrepreneurs Teach & Students Learn Skills. July 2, 2012. Inc.com. December 9, 2016.
  14. Web site: The prince of sales. Hempel. Jessi. October 10, 2013. Fortune. December 8, 2016.
  15. News: Pons. Sabrina. Khaite, the Minimalist luxury brand that New Yorkers are snapping up. French. 16 November 2022. 17 February 2023. lefigaro.fr.
  16. News: Clark. Evan. Khaite Scores Investment from Stripes. 10 March 2023. Women's Wear Daily.
  17. Web site: Adam Pritzker Office of the Secretary of the University. March 26, 2021. secretary.columbia.edu.
  18. Wulfhorst, Ellen (October 9, 2017). "New group launched in US to set nation's own long-term goals to fix ills". Thomas Reuters Foundation. reuters.com. Retrieved November 22, 2017.
  19. News: New Group Promises Real Money for Local Candidates Who Commit to Sweeping National Progressive Goals. Cramer . Ruby . October 8, 2017 . BuzzFeed. buzzfeed.com . November 22, 2017.
  20. News: An Academic, an Entrepreneur, and a Former Politician's New Plan to Fix Our Broken Politics. Squadron . Daniel . Pritzker . Adam . Sachs. Jeffrey D.. October 9, 2017 . opinion . The Daily Beast. thedailybeast.com . November 22, 2017.
  21. News: Corasaniti. Nick. Democratic-Allied Group Pours $60 Million Into State Legislative Races. 23 September 2022. New York Times.
  22. Web site: Doyle. Jena. NDRC Teams up with The States Project to Support State Legislative Races. 11 October 2022.
  23. Web site: Waldron. Travis. Democrats are On the Brink of a Historic State Legislative Election Performance. 11 November 2022. Huffpost.com.
  24. News: Anne McNally's Social-Circuit Diary: October 2016 and More. McNally. Anne. Vanity Fair. December 8, 2016. October 2016.
  25. Web site: How the next-gen Pritzkers are spending the family fortune. June 29, 2018. Crain's Chicago Business. en. May 23, 2020.
  26. Web site: 2021-04-01. Hyatt Hotel Heir Adam Pritkzer Buys Montecito Estate. 2022-02-06. The Real Deal Los Angeles. en-US.
  27. Web site: McClain. James. February 20, 2020. Adam Pritzker Downsizes to $8.5 Million Beverly Hills Villa. February 6, 2022. Dirt. en-US.