Matthew Pritzker

Last updated
Matthew Pritzker
Born (1982-05-28) 28 May 1982 (age 42)
Alma mater American University
Occupation heir
Organization(s)Matthew Pritzker Company (chairman and founder)
Parent Robert Pritzker (father)
Relatives Pritzker family, Liesel Pritzker Simmons (sister)

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]

Contents

Early life and education

Matthew 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

In 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

Pritzker 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

After 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

Pritzker is active in politics [19] and supports local, [20] state, and national candidates. [21]

Personal life

Pritzker lives in Chicago's Lincoln Park neighborhood. [4] [22] He has a private pilot's license. [23]

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References

  1. 1 2 3 4 "Shattered Dynasty". Vanity Fair. 2007-06-01. Retrieved 2011-11-05.
  2. 1 2 3 4 5 "Matthew Pritzker Profile". Bloomberg. Archived from the original on March 24, 2018.
  3. 1 2 3 4 5 6 7 Strahler, Steven R. (July 17, 2010). "Matthew Pritzker tests wings with investments in real estate, movies and more". Crain's Chicago Business .
  4. 1 2 3 4 "A Pritzker Picks Up Three Lincoln Park Properties", Chicago Mag , February 17, 2012
  5. 1 2 "Pritzker-backed deal aggregator partnering with MasterCard", John Pletz, Chicago Business, April 17, 2012
  6. 1 2 3 "Pritzker trust sells stake in caster manufacturer", Becky Yerak, The Chicago Tribune , April 17, 2012
  7. ↑ Kapos, Shia (May 28, 2019). "PRITZKER's BIG WIN — BRADY, MUNOZ stake in video gambling — ABORTION BILL fate uncertain". Politico . Retrieved September 28, 2021.
  8. 1 2 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.
  9. 1 2 Carlyle, Erin (December 2, 2013). "Liesel Pritzker Simmons Sued Her Family And Got $500 Million, But She's No Trust Fund Baby". Forbes .
  10. ↑ Skertic, Mark (April 30, 2003). "Matthew Pritzker files suit on trusts". Chicago Tribune. Retrieved 2020-07-23.
  11. ↑ "Koupon Media raises $4.5M for streamlined mobile coupons (exclusive)", Sarah Mitroff, VentureBeat, April 9, 2012
  12. ↑ Crain's Chicago business; "40 under 40 - Matthew Pritzker" 2011
  13. 1 2 "Matt Prtizker". afterschoolallstars.org. Retrieved May 30, 2019.
  14. ↑ MatthewPritzkerCompany.com Portfolio
  15. ↑ Donor Information, Maggie Daley Park
  16. ↑ "Matthew Pritzker files suit on trusts". Chicago Tribune . April 30, 2003.
  17. ↑ "How a little princess won back her inheritance", Mark Maremont, The Sydney Morning Herald , January 9, 2005
  18. ↑ "$900 Million Accord Enables Breakup of Pritzker Dynasty", Jodi Wilgoren, The New York Times , January 7, 2005
  19. ↑ "Chicagoans at Obama’s last State Dinner: Here is the list", Chicago Sun Times , October 18, 2016
  20. ↑ "Emanuel pads fundraising lead by another $520,900 in last week", Fran Spielman, Chicago Sun Times , February 12, 2015
  21. ↑ "Donor Lookup", OpenSecrets.org
  22. ↑ Greenfield, John (2010-08-11). "Lawsuit alleges a Pritzker heir involved in hit-and-run". TimeOut Chicago. Retrieved 2011-11-05.
  23. ↑ "Planespotting: The Revenge", Bess Levin, Dealbreaker, June 8, 2006
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