Matthew Pritzker (born May 28, 1982) is an American heir based in Chicago, Illinois.[1] In 2008 he founded the Matthew Pritzker Company.[2] The company's focus is on investing Pritzker's inheritance in real estate, technology,[3] media,[3][4] consumer,[5] and manufacturing.[6] Pritzker supports a number of local and national charities and institutions.[2]
Matthew Pritzker | |
---|---|
Born | 28 May 1982 |
Alma mater | American University |
Occupation | heir |
Organization(s) | Matthew Pritzker Company (chairman and founder) |
Parent | Robert Pritzker (father) |
Relatives | Pritzker family, Liesle Pritzker Simmons (sister) |
Early life and education
editMatthew Pritzker was born May 28,[7] 1982 to Irene Pritzker (née Dryburgh) and Robert Pritzker of the Pritzker family.[1][8][9] His American family is engaged in business and philanthropy.[3][8][9] He grew up in Chicago, Illinois, and is an alumnus of New Trier High School.[3] He attended American University.[10]
Career
editIn 2008,[2] following a series of successful real estate investments,[3][4] he formed The Matthew Pritzker Company.[2] The company focuses on building businesses across a variety of industries—including real estate, technology,[3] media,[3][4] consumer,[5][11] and manufacturing.[6] Crain's Chicago Business named Pritzker to their “40 under 40” list of businesspeople, when he was 29.[12]
The Matthew Pritzker Company has a portfolio of investments in companies such as cameo,[13] SpaceX, Fairgrounds Craft Coffee & Tea, and Blaze Pizza, as well as continued investments in real estate.[14] In 2012 Pritzker bought a stake in the Colson Group, a caster manufacturing company that his father Robert Pritzker had helped build decades earlier.[6]
Civic engagement
editPritzker supports a number of civic and philanthropic initiatives in Chicago and the United States.[2] He is the benefactor of The Mathew Pritzker Enchanted Forest, a network of pathways and play areas within Maggie Daley Park in Chicago.[15] Pritzker serves on the Board of After School All Stars.[13]
Lawsuit
editAfter family patriarch Jay Pritzker died in 1999, the extended Pritzker family began restructuring the family's businesses and assets.[1] 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,[16] which the parties successfully resolved two years later.[17] In January 2005, the press speculated that Pritzker received about $500 million in a settlement agreement.[1][18]
Political activity
editPritzker is active in politics[19] and supports local,[20] state, and national candidates.[21]
Personal life
editPritzker lives in Chicago's Lincoln Park neighborhood.[4][22] He has a private pilot's license.[23]
References
edit- ^ a b c d "Shattered Dynasty". Vanity Fair. 2007-06-01. Retrieved 2011-11-05.
- ^ a b c d e "Matthew Pritzker Profile". Bloomberg. Archived from the original on March 24, 2018.
- ^ a b c d e f g Strahler, Steven R. (July 17, 2010). "Matthew Pritzker tests wings with investments in real estate, movies and more". Crain's Chicago Business.
- ^ a b c d "A Pritzker Picks Up Three Lincoln Park Properties", Chicago Mag, February 17, 2012
- ^ a b "Pritzker-backed deal aggregator partnering with MasterCard", John Pletz, Chicago Business, April 17, 2012
- ^ a b c "Pritzker trust sells stake in caster manufacturer", Becky Yerak, The Chicago Tribune, April 17, 2012
- ^ Kapos, Shia (May 28, 2019). "PRITZKER's BIG WIN — BRADY, MUNOZ stake in video gambling — ABORTION BILL fate uncertain". Politico. Retrieved September 28, 2021.
- ^ a b Worthy, Ford; Hutton, Cynthia (April 25, 1988). "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. Retrieved August 29, 2010.
- ^ a b Carlyle, Erin (December 2, 2013). "Liesel Pritzker Simmons Sued Her Family And Got $500 Million, But She's No Trust Fund Baby". Forbes.
- ^ Skertic, Mark (April 30, 2003). "Matthew Pritzker files suit on trusts". Chicago Tribune. Retrieved 2020-07-23.
- ^ "Koupon Media raises $4.5M for streamlined mobile coupons (exclusive)", Sarah Mitroff, VentureBeat, April 9, 2012
- ^ Crain's Chicago business; "40 under 40 - Matthew Pritzker" 2011
- ^ a b "Matt Prtizker". afterschoolallstars.org. Retrieved May 30, 2019.
- ^ MatthewPritzkerCompany.com Portfolio
- ^ Donor Information, Maggie Daley Park
- ^ "Matthew Pritzker files suit on trusts". Chicago Tribune. April 30, 2003.
- ^ "How a little princess won back her inheritance", Mark Maremont, The Sydney Morning Herald, January 9, 2005
- ^ "$900 Million Accord Enables Breakup of Pritzker Dynasty", Jodi Wilgoren, The New York Times, January 7, 2005
- ^ "Chicagoans at Obama’s last State Dinner: Here is the list", Chicago Sun Times, October 18, 2016
- ^ "Emanuel pads fundraising lead by another $520,900 in last week", Fran Spielman, Chicago Sun Times, February 12, 2015
- ^ "Donor Lookup", OpenSecrets.org
- ^ Greenfield, John (2010-08-11). "Lawsuit alleges a Pritzker heir involved in hit-and-run". TimeOut Chicago. Retrieved 2011-11-05.
- ^ "Planespotting: The Revenge", Bess Levin, Dealbreaker, June 8, 2006