Matthew Pritzker
{{Short description|American heir}}
{{Infobox person
| name = Matthew Pritzker
| image =
| caption =
| birth_date = {{birth date and age|1982|5|28|mf=yes}}
| birth_place =
| alma_mater = American University
| occupation = heir
| organization = Matthew Pritzker Company (chairman and founder)
| net worth =
| parents = Robert Pritzker (father)
| relatives = Pritzker family
}}
Matthew Pritzker (born May 28, 1982) is an American heir based in Chicago, Illinois. In 2008 he founded the Matthew Pritzker Company. The company's focus is on investing Pritzker's inheritance in real estate, technology, media, consumer, and manufacturing. Pritzker supports a number of local and national charities and institutions.
Early life and education
Matthew Pritzker was born May 28,{{cite web |url=https://www.politico.com/newsletters/illinois-playbook/2019/05/28/pritzkers-big-win-brady-munoz-stake-in-video-gambling-abortion-bill-fate-uncertain-440275 |title=PRITZKER's BIG WIN — BRADY, MUNOZ stake in video gambling — ABORTION BILL fate uncertain |last=Kapos |first=Shia |date=May 28, 2019 |website= |publisher=Politico |access-date=September 28, 2021}} 1982 to Irene Pritzker (née Dryburgh) and Robert Pritzker of the Pritzker family.{{cite web|first1=Ford|last1=Worthy|first2=Cynthia|last2=Hutton|title=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?|website=CNN Money|date=April 25, 1988|url=https://money.cnn.com/magazines/fortune/fortune_archive/1988/04/25/70462/index.htm|access-date=August 29, 2010}}{{cite magazine |last=Carlyle |first=Erin |title=Liesel Pritzker Simmons Sued Her Family And Got $500 Million, But She's No Trust Fund Baby |magazine=Forbes |date=December 2, 2013 |url=https://www.forbes.com/sites/erincarlyle/2013/11/17/liesel-pritzker-simmons-sued-her-family-and-got-500-million-but-shes-no-trust-fund-baby/#908cffa464c9}} His American family is engaged in business and philanthropy. He grew up in Chicago, Illinois, and is an alumnus of New Trier High School.{{cite magazine |last=Strahler |first=Steven R. |title=Matthew Pritzker tests wings with investments in real estate, movies and more |magazine=Crain's Chicago Business|date=July 17, 2010 |url=http://www.chicagobusiness.com/article/20100717/ISSUE01/100033684/matthew-pritzker-tests-wings-with-investments-in-real-estate-movies-and-more}} He attended American University.{{Cite web|last=Skertic|first=Mark|date=April 30, 2003|title=Matthew Pritzker files suit on trusts|url=https://www.chicagotribune.com/news/ct-xpm-2003-04-30-0304300317-story.html|access-date=2020-07-23|website=Chicago Tribune|language=en-US}}
Career
In 2008, following a series of successful real estate investments, he formed The Matthew Pritzker Company. The company focuses on building businesses across a variety of industries—including real estate, technology, media, consumer,[http://www.chicagobusiness.com/article/20120417/NEWS07/120419831/pritzker-backed-deal-aggregator-partnering-with-mastercard "Pritzker-backed deal aggregator partnering with MasterCard"], John Pletz, Chicago Business, April 17, 2012[https://venturebeat.com/2012/04/09/koupon-media-raises-4m-for-streamlined-mobile-coupons-exclusive/ "Koupon Media raises $4.5M for streamlined mobile coupons (exclusive)"], Sarah Mitroff, VentureBeat, April 9, 2012 and manufacturing. Crain's Chicago Business named Pritzker to their “40 under 40” list of businesspeople, when he was 29.[http://www.chicagobusiness.com/section/40under40-2011#_Pritzker Crain's Chicago business; "40 under 40 - Matthew Pritzker"] 2011
The Matthew Pritzker Company has a portfolio of investments in companies such as cameo,{{cite web |url=https://afterschoolallstars.org/board_members/matt-pritzker/ |title=Matt Prtizker |website=afterschoolallstars.org |access-date=May 30, 2019}} SpaceX, Fairgrounds Craft Coffee & Tea, and Blaze Pizza, as well as continued investments in real estate.[http://www.matthewpritzkercompany.com/secondary.asp?pageID=2 MatthewPritzkerCompany.com Portfolio] In 2012 Pritzker bought a stake in the Colson Group, a caster manufacturing company that his father Robert Pritzker had helped build decades earlier.[https://www.chicagotribune.com/2012/04/17/pritzker-trust-sells-stake-in-caster-manufacturer/ "Pritzker trust sells stake in caster manufacturer"], Becky Yerak, The Chicago Tribune, April 17, 2012
Civic engagement
Pritzker supports a number of civic and philanthropic initiatives in Chicago and the United States.{{cite news |url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=243395686&privcapId=53517660 |archive-url=https://web.archive.org/web/20180324102429/https://www.bloomberg.com/research/stocks/private/person.asp?personId=243395686&privcapId=53517660 |url-status=dead |archive-date=March 24, 2018 |title=Matthew Pritzker Profile |publisher=Bloomberg}} He is the benefactor of The Mathew Pritzker Enchanted Forest, a network of pathways and play areas within Maggie Daley Park in Chicago.[http://maggiedaleypark.com/about/donors/ Donor Information], Maggie Daley Park Pritzker serves on the Board of After School All Stars.
Lawsuit
After family patriarch Jay Pritzker died in 1999, the extended Pritzker family began restructuring the family's businesses and assets. 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,
{{cite news |url=https://www.chicagotribune.com/2003/04/30/matthew-pritzker-files-suit-on-trusts/ |title=Matthew Pritzker files suit on trusts |journal=Chicago Tribune |date=April 30, 2003}} which the parties successfully resolved two years later.[http://www.smh.com.au/articles/2005/01/08/1104832359888.html "How a little princess won back her inheritance"], Mark Maremont, The Sydney Morning Herald, January 9, 2005 In January 2005, the press speculated that Pritzker received about $500 million in a settlement agreement.{{cite magazine|magazine=Vanity Fair |title=Shattered Dynasty |date=2007-06-01 |url=http://www.vanityfair.com/magazine/2007/06/postscript200706 |access-date=2011-11-05}}[https://www.nytimes.com/2005/01/07/us/900-million-accord-enables-breakup-of-pritzker-dynasty.html "$900 Million Accord Enables Breakup of Pritzker Dynasty"], Jodi Wilgoren, The New York Times, January 7, 2005
Political activity
Pritzker is active in politics and has donated to many Democratic candidates for local, state, and federal office.[https://chicago.suntimes.com/politics/chicagoans-at-obamas-last-state-dinner-here-is-the-list/ "Chicagoans at Obama’s last State Dinner: Here is the list"], Chicago Sun Times, October 18, 2016[http://chicago.suntimes.com/politics/emanuel-pads-fundraising-lead-by-another-520900-in-last-week/ "Emanuel pads fundraising lead by another $520,900 in last week"], Fran Spielman, Chicago Sun Times, February 12, 2015[https://www.opensecrets.org/donor-lookup/results?name=matthew+pritzker&cycle=&state=&zip=&employ=&cand= "Donor Lookup"], OpenSecrets.org
Personal life
Pritzker lives in Chicago's Lincoln Park neighborhood.[http://www.chicagomag.com/Chicago-Magazine/February-2012/A-Prizker-Picks-Up-Three-Lincoln-Park-Properties/ "A Pritzker Picks Up Three Lincoln Park Properties"], Chicago Mag, February 17, 2012{{cite web|publisher=TimeOut Chicago |title=Lawsuit alleges a Pritzker heir involved in hit-and-run |date=2010-08-11 |first=John |last=Greenfield |url=http://timeoutchicago.com/arts-culture/museums/87944/bicycle-mire |access-date=2011-11-05}} He has a private pilot's license.[https://dealbreaker.com/2006/06/planespotting-the-revenge/ "Planespotting: The Revenge"], Bess Levin, Dealbreaker, June 8, 2006
References
{{Reflist}}
External links
- [http://www.matthewpritzkercompany.com/ MatthewPritzkerCompany.com]
{{DEFAULTSORT:Pritzker, Matthew}}
Category:American people of Australian descent
Category:American people of Ukrainian-Jewish descent
Category:New Trier High School alumni