Adam Pritzker

Last updated

Adam Pritzker
Adam Pritzker.jpg
Born (1984-07-17) July 17, 1984 (age 39)
Alma mater Columbia University
Occupation Entrepreneur
Known forCo-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]

Contents

Education

Pritzker attended San Francisco University High School and Columbia University, [7] graduating in 2008 with a Bachelor of Arts in anthropology. [8] [9] [10] He studied with Jeffrey Sachs at Columbia, and went on to work for him at The Earth Institute. [11]

Career

Pritzker co-founded General Assembly in January 2011 with Jake Schwartz, Brad Hargreaves, and Matt Brimer. [12] Pritzker and his partners started the company as a New York coworking space that offered practical classes on technology, design and entrepreneurship. [3] The 20,000 square foot space was modeled after a college campus, according to Pritzker. [3] He served as the chief creative officer, and helped its expansion to eight other locations globally. [13] He was named to the Inc. (magazine) 30 under 30 list, [14] and the Forbes magazine 30 under 30 list [13] 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. [8] [15]

In 2013, Pritzker co-founded Assembled Brands. In 2016 he made a co-founding investment in the Khaite fashion brand. [2] [16] [1] [17]

In 2021, he was named a trustee of Columbia University. [18]

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 stated 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. [19] [20] [10]

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

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. [11] [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]

Related Research Articles

<span class="mw-page-title-main">Montecito, California</span> Town in California

Montecito is an unincorporated town in Santa Barbara County, California, United States. Located on the Central Coast of California, Montecito sits between the Santa Ynez Mountains and the Pacific Ocean. Montecito is best known as a celebrity enclave, owing to its concentration of prominent residents. The population as of 2022 is approximately 8,638 residents. For statistical purposes, the United States Census Bureau has defined Montecito as a census-designated place (CDP).

<span class="mw-page-title-main">Les Wexner</span> American businessman (born 1937)

Leslie Herbert Wexner is an American billionaire businessman, the founder and chairman emeritus of Bath & Body Works, Inc.. Wexner grew a business empire after starting The Limited, a clothing retailer, and later expanded his holdings to include Victoria's Secret, Abercrombie & Fitch, Express, Inc., and Bath & Body Works.

<span class="mw-page-title-main">Goldman Sachs</span> American investment bank

The Goldman Sachs Group, Inc. is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is the second largest investment bank in the world by revenue and is ranked 55th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important financial institution by the Financial Stability Board.

<span class="mw-page-title-main">Hyatt</span> American multinational hospitality company

Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family.

<span class="mw-page-title-main">Jeffrey Sachs</span> American economist

Jeffrey David Sachs is an American economist and public policy analyst, professor at Columbia University, where he was former director of The Earth Institute. He is known for his work on sustainable development, economic development, and the fight to end poverty.

The Pritzker family is an American family engaged in entrepreneurship and philanthropy, and one of the wealthiest families in the United States. Its fortune arose in the 20th century, particularly through the founding and expansion of the Hyatt Hotels Corporation.

<span class="mw-page-title-main">The Adecco Group</span> Swiss multinational human resource consulting company

The Adecco Group is a Swiss–French company based in Zurich, Switzerland. It is the world's second largest Human Resources provider and temporary staffing firm, and a Fortune Global 500 company.

<span class="mw-page-title-main">Steve Coll</span> Journalist, author, academic, and business executive (born 1958)

Steve Coll is an American journalist, academic, and executive.

<span class="mw-page-title-main">Daniel Squadron</span> American politician

Daniel L. Squadron is an American politician and former member of the New York State Senate for the 26th district.

<span class="mw-page-title-main">Georgina Baillie</span> English entertainer

Georgina Baillie is an English actor, artist, post-punk singer, songwriter, and formerly a burlesque performer. Her stage names have included Voluptua and Georgie Girl.

<span class="mw-page-title-main">J. B. Pritzker</span> Governor of Illinois since 2019

Jay Robert Pritzker is an American businessman, philanthropist, attorney, venture capitalist, and politician serving as the 43rd governor of Illinois since 2019. A member of the wealthy Pritzker family, which owns the worldwide hotel chain Hyatt, Pritzker is based in Chicago. He has started several venture capital and investment startups such as the Pritzker Group, where he is a managing partner.

<span class="mw-page-title-main">2014 Maryland Attorney General election</span>

The Maryland Attorney General election of 2014 was held on November 4, 2014, to elect the Attorney General of Maryland. Incumbent Democratic Attorney General Doug Gansler was eligible to seek a third term in office, but instead ran unsuccessfully for the Democratic nomination for Governor of Maryland.

<span class="mw-page-title-main">OTB Group</span> Italian clothing company

Only The Brave, S.p.A., commonly known as OTB Group, is an Italian holding multinational corporation specializing in luxury goods, headquartered in Breganze. The company was founded in 2002 by Renzo Rosso as a holding company for Diesel and future acquisitions of fashion houses. OTB Group is the parent company of a number of brands, including Diesel, Maison Margiela, Marni, Jil Sander, and Viktor & Rolf.

General Assembly is an American-headquartered private, for-profit education organization founded by CEO Jake Schwartz, Adam Pritzker, Matthew Brimer, and Brad Hargreaves in early 2011 and purchased by The Adecco Group in 2018. It maintains campuses in various countries throughout the world to teach entrepreneurs and business professionals practical technology skills. It provides courses in mobile and software engineering, data science, product management, and other digital technology–related courses.

<span class="mw-page-title-main">Alejandro Cremades</span>

Alejandro Cremades is a Spanish author and entrepreneur based in New York City.

Sonya Harper is a Democratic member of the Illinois House of Representatives. Since her October 20, 2015 appointment to replace the late Esther Golar, she has represented the 6th district, which includes all or portions of Armour Square, Bridgeport, Chicago Lawn, Englewood, Gage Park, McKinley Park, New City and West Englewood in the City of Chicago. Harper is the Joint Chair of the Illinois Legislative Black Caucus.

<span class="mw-page-title-main">Inés Temple</span> Peruvian businesswoman and author (born 1959)

Ana Ines Amelia Temple Arciniega is a Peruvian businesswoman and author.

<span class="mw-page-title-main">Ghost Corps</span> Production company, a subsidiary of Columbia Pictures that oversee the Ghostbusters franchise

Ghost Corps, Inc. is an American co-production company formed in March 2015 to oversee the Ghostbusters media franchise and as a stock exchange for the Ghostbusters brand. It is a division of Sony Pictures Entertainment's Columbia Pictures and as of January 2021 currently no longer functions as a stock exchange C-Corporation business but is currently still active as a PR office on the Sony Pictures lot maintaining management of its online pages and productions related to the Ghostbusters brand.

<span class="mw-page-title-main">2022 Illinois gubernatorial election</span> Election for Governor of Illinois

The 2022 Illinois gubernatorial election took place on November 8, 2022, to elect the governor of Illinois, concurrently with the 2022 Illinois general election. Gubernatorial candidates ran on tickets with candidates for lieutenant governor. The incumbent governor and lieutenant governor, first-term Democrats J. B. Pritzker and Juliana Stratton, sought re-election together against Republican nominees Illinois State Senator Darren Bailey and his running mate Stephanie Trussell.

Jamie Hodari is an American entrepreneur. He is the founder and CEO of the flexible workplace provider Industrious.

References

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