J.B. Pritzker Net Worth, Billionaire Family, Ventures, Facts And More

J.B. Pritzker Net Worth, Billionaire Family, Ventures, Facts And More

J. Robert Pritzker is an American entrepreneur with a net worth of $ 3.4 billion. J.B., also known as J.B., was born in Chicago, Illinois, and graduated with a degree in political science from Duke University. He then earned a law degree from the Faculty of Law at Northwestern University.

His family is one of the most successful families in the United States, and his grandfather founded the Hyatt Chain with Marmon. Pritzker currently leads the Pritzker Group, private equity and venture capital firm that acquires established and sick companies.

J.B. Pritzker’s Net Worth

According to Forbes, J.B. The Pritzker is worth an estimated $ 3.5 billion. In 1996 he founded the Pritzker Group Venture Capital. The company invests in enterprise software and e-commerce services and emerging technology companies.

jb prtizker net worth

Since its inception, we have invested in more than 100 companies, including Single Platform acquired by Constant Contact, Playdam acquired by Disney, and Ticket Now acquired by Ticketmaster. The Pritzker Group Private Capital, which he co-founded with his brother Tony, focuses on middle-market companies.

Entertainment Cruises, LBP, PathGroup and Technimark are some of the companies in the Group’s portfolio. The company also invests in SpaceX, an investor in Dollar Shave Club and Elon Musk’s space exploration company, which was sold to Unilever for $ 1 billion in 2016.

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Richest Politician In The U.S.

Donald Nicholas (born October 31, 1932, Chicago –d. May 6, 1972, Honolulu, Hawaii). In 1957, they purchased the Hyatt House Hotel in Los Angeles and over the years expanded their investment into a chain of more than 150 Hyatt hotels in the United States and abroad.

hyatt hotel pritzker

J B Pritzker also founded his own successful venture capital firm, New World, in 1995. New World is dedicated to investing in IT and software companies and has funded nearly 50 companies to date. He is an active philanthropist and has mainly donated to educational programs and institutions.

The Pritzker Business Empire expands under the direction of Abram Nicholas’ son, Jay Arthur (Chicago, August 26, 1922 – † Chicago, January 23, 1999) and Robert Alan (born June 30, 1926, Chicago).

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Family of Billionaires

Jay and Robert specialize in acquiring financially deprived companies and turning them into profitable businesses. By the mid-1980s, the Pritzkers owned significant real estate and owned hundreds of companies and subsidiaries, including Hyatt Corporation, Royal Caribbean Cruise, and Ticketmaster (sold in 1993).

JB Pritzker Archives - SociaLifeChicago | The Best of Chicago Society, Fashion, Luxury Lifestyle, Travel

Their main business profit was the Marmon Group, a diverse holding company with businesses such as Wells Lamont (gloves), Transunion (credit reporting), construction, transportation, and water treatment.

In 1979, Jay expanded his family’s philanthropy by awarding the Pritzker Architecture Prize, which was awarded $ 100,000. At the beginning of the 21st century, Forbes magazine estimated that family wealth exceeded $ 15 billion.

Personal Life

Governor Pritzker and his wife MK have been married for over 25 years and are the proud parents of their daughter Teddy and son Don. Pritzker was elected the 43rd governor of Illinois on November 6, 2018.

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Facts About The Pritzker Family

  • The Pritzker Family has Research Centers, Schools, and Famous Tourist Attractions Around Chicago Named After Them
  • Eight of His Family Members are on Forbes’ 400 Richest People in America List.
  • He has Used His Wealth for Good Around Chicago.
  • His Uncle Founded Hyatt Hotels, Establishing a Fortune for the Family
  • He’s Worth $3.5 Billion, Much of it From Investing in Tech

     

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