Matthew Pritzker

American heir From Wikipedia, the free encyclopedia

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]

Quick Facts Born, Alma mater ...
Matthew Pritzker
Born (1982-05-28) May 28, 1982 (age 42)
Alma materAmerican University
Occupationheir
Organization(s)Matthew Pritzker Company (chairman and founder)
ParentRobert Pritzker (father)
RelativesPritzker family
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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 and has donated to many Democratic candidates for local, state, and federal office.[19][20][21]

Personal life

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

References

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