Matthew Pritzker Explained

Matthew Pritzker
Birth Date:28 May 1982
Alma Mater:American University
Occupation:heir
Organization:Matthew Pritzker Company (chairman and founder)
Parents:Robert Pritzker (father)
Relatives:Pritzker family, Liesle Pritzker Simmons (sister)

Matthew Pritzker (born May 28, 1982) is an American heir based in Chicago, Illinois. In 2008 he founded the Matthew Pritzker Company. The company's focus is on investing Pritzker's inheritance in real estate, technology, media, consumer, and manufacturing. Pritzker supports a number of local and national charities and institutions.

Early life and education

Matthew Pritzker was born May 28,[1] 1982 to Irene Pritzker (née Dryburgh) and Robert Pritzker of the Pritzker family.[2] [3] His American family is engaged in business and philanthropy. He grew up in Chicago, Illinois, and is an alumnus of New Trier High School.[4] He attended American University.[5]

Career

In 2008, following a series of successful real estate investments,[4] he formed The Matthew Pritzker Company. The company focuses on building businesses across a variety of industries—including real estate, technology,[4] media,[4] consumer,[6] [7] and manufacturing. Crain's Chicago Business named Pritzker to their “40 under 40” list of businesspeople, when he was 29.[8]

The Matthew Pritzker Company has a portfolio of investments in companies such as cameo,[9] SpaceX, Fairgrounds Craft Coffee & Tea, and Blaze Pizza, as well as continued investments in real estate.[10] In 2012 Pritzker bought a stake in the Colson Group, a caster manufacturing company that his father Robert Pritzker had helped build decades earlier.[11]

Civic engagement

Pritzker supports a number of civic and philanthropic initiatives in Chicago and the United States.[12] He is the benefactor of The Mathew Pritzker Enchanted Forest, a network of pathways and play areas within Maggie Daley Park in Chicago.[13] Pritzker serves on the Board of After School All Stars.[9]

Lawsuit

After family patriarch Jay Pritzker died in 1999, the extended Pritzker family began restructuring the family's businesses and assets. In the course of that process, issues came to light which Pritzker's younger sister, Liesel, raised in a lawsuit against certain trustees, advisers, and beneficiaries. Pritzker eventually joined his sister's lawsuit,[14] which the parties successfully resolved two years later.[15] In January 2005, the press speculated that Pritzker received about $500 million in a settlement agreement.[16] [17]

Political activity

Pritzker is active in politics[18] and supports local,[19] state, and national candidates.[20]

Personal life

Pritzker lives in Chicago's Lincoln Park neighborhood.[21] [22] He has a private pilot's license.[23]

External links

Notes and References

  1. Web site: PRITZKER's BIG WIN — BRADY, MUNOZ stake in video gambling — ABORTION BILL fate uncertain . Kapos . Shia . May 28, 2019 . . September 28, 2021.
  2. Web site: Ford. Worthy. Cynthia. Hutton. The Pritzkers Unveiling A Private Family Can you believe it? These billionaires actually like each other. But as Pritzkers proliferate, a worry arises: Can they maintain their striking success – and keep everyone happy?. CNN Money. April 25, 1988. August 29, 2010.
  3. Carlyle . Erin . Liesel Pritzker Simmons Sued Her Family And Got $500 Million, But She's No Trust Fund Baby . . December 2, 2013 .
  4. Strahler . Steven R. . Matthew Pritzker tests wings with investments in real estate, movies and more . Crain's Chicago Business. July 17, 2010 .
  5. Web site: Skertic. Mark. April 30, 2003. Matthew Pritzker files suit on trusts. 2020-07-23. Chicago Tribune. en-US.
  6. http://www.chicagobusiness.com/article/20120417/NEWS07/120419831/pritzker-backed-deal-aggregator-partnering-with-mastercard "Pritzker-backed deal aggregator partnering with MasterCard"
  7. https://venturebeat.com/2012/04/09/koupon-media-raises-4m-for-streamlined-mobile-coupons-exclusive/ "Koupon Media raises $4.5M for streamlined mobile coupons (exclusive)"
  8. http://www.chicagobusiness.com/section/40under40-2011#_Pritzker Crain's Chicago business; "40 under 40 - Matthew Pritzker"
  9. Web site: Matt Prtizker . afterschoolallstars.org . May 30, 2019.
  10. http://www.matthewpritzkercompany.com/secondary.asp?pageID=2 MatthewPritzkerCompany.com Portfolio
  11. http://articles.chicagotribune.com/2012-04-17/business/chi-pritzker-trust-sells-stake-in-caster-manufacturer-20120417_1_matthew-pritzker-bob-pritzker-billionaire-chicago-family "Pritzker trust sells stake in caster manufacturer"
  12. News: Matthew Pritzker Profile . https://web.archive.org/web/20180324102429/https://www.bloomberg.com/research/stocks/private/person.asp?personId=243395686&privcapId=53517660 . dead . March 24, 2018 . Bloomberg.
  13. http://maggiedaleypark.com/about/donors/ Donor Information
  14. News: Matthew Pritzker files suit on trusts . . April 30, 2003.
  15. http://www.smh.com.au/articles/2005/01/08/1104832359888.html "How a little princess won back her inheritance"
  16. Vanity Fair . Shattered Dynasty . 2007-06-01 . 2011-11-05.
  17. https://www.nytimes.com/2005/01/07/us/900-million-accord-enables-breakup-of-pritzker-dynasty.html "$900 Million Accord Enables Breakup of Pritzker Dynasty"
  18. https://chicago.suntimes.com/politics/chicagoans-at-obamas-last-state-dinner-here-is-the-list/ "Chicagoans at Obama’s last State Dinner: Here is the list"
  19. http://chicago.suntimes.com/politics/emanuel-pads-fundraising-lead-by-another-520900-in-last-week/ "Emanuel pads fundraising lead by another $520,900 in last week"
  20. https://www.opensecrets.org/donor-lookup/results?name=matthew+pritzker&cycle=&state=&zip=&employ=&cand= "Donor Lookup"
  21. http://www.chicagomag.com/Chicago-Magazine/February-2012/A-Prizker-Picks-Up-Three-Lincoln-Park-Properties/ "A Pritzker Picks Up Three Lincoln Park Properties"
  22. Web site: TimeOut Chicago . Lawsuit alleges a Pritzker heir involved in hit-and-run . 2010-08-11 . John . Greenfield . 2011-11-05.
  23. https://dealbreaker.com/2006/06/planespotting-the-revenge/ "Planespotting: The Revenge"

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Matthew Pritzker".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.