Abram Nicholas Pritzker

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Abram Nicholas Pritzker

Birthdate:
Birthplace: Chicago, Cook, Illinois, United States
Death: February 08, 1986 (90)
Chicago, Cook, Illinois, United States
Immediate Family:

Son of Nicholas Jacob Pritzker and Anna Pritzker
Husband of Fanny L. Pritzker and Private
Father of Jay Arthur Pritzker; Robert Pritzker and Donald Pritzker
Brother of Harry Nicholas Pritzker and Jacob (Jack) Nicholas Pritzker

Occupation: Known as A.N. Pritzker., Hyatt Hotels
Managed by: Private User
Last Updated:

About Abram Nicholas Pritzker

http://en.wikipedia.org/wiki/Abram_Nicholas_Pritzker

Abram Nicholas Pritzker (January 6, 1896 – February 8, 1986), known professionally as A.N. Pritzker, was an American businessman and member of the Pritzker family.

Contents [show] Early life and education[edit] Abram was the son of Ukrainian Jewish immigrants Annie P. (née Cohn) and Nicholas J. Pritzker.[1][2] His father left Kiev for Chicago in 1881 and worked first as a pharmacist and then as a lawyer.[3] His father wrote a small book that has been passed down from Pritzker to Pritzker; the theme of the book is "Your only immortality is the impact you have on your successors."[3] Abram graduated from Harvard Law School.

Career[edit] Abram joined his father's law firm, Pritzker & Pritzker, along with his brothers, Harry and Jack.[3] Harry specialized in criminal law, Abram (called Abe and later A.N.) specialized in business law, and Jack in real estate law.[4] In the 1930s, he left the law practice and branched out with his brother Jack, investing in real estate and small companies, mostly in the Chicago area.[3] Harry continued to run the law firm, which eventually became an in-house firm catering solely to the needs of the Pritzker family and its business.[3] The Pritzker brothers were very successful and amassed a considerable fortune. They shielded their earnings from taxes through a series of trusts, which enabled them to distribute the money as they chose.

Philanthropy[edit] Pritzker's philanthropic endeavors include funding the Pritzker School of Medicine at the University of Chicago. He also set up a trust fund for the A.N. Pritzker Elementary School, which he had attended when it was called the Wicker Park Elementary School.[5] The Pritzker family also funds a charter school, Pritzker College Prep, in the Hermosa neighborhood of Chicago.

Personal life[edit] Pritzker has three sons: Jay Pritzker, Robert Pritzker, and Donald Pritzker. His sons continued to grow the family business, eventually buying the Hyatt House hotel in Los Angeles in 1957 and forming the cornerstone of their hotel chain.

His son Robert created a conglomerate of a multitude of manufacturing companies which grew into the multibillion dollar Marmon Group. Marmon was diversified to include manufacturing concerns ranging from lumber to railroad boxcars, and travel industry staples. It composed half of the family's wealth. On December 25, 2007, it was announced that Warren Buffett, through Berkshire Hathaway, would purchase 60% of the Marmon Group from the Pritzkers for $4.5 billion.[6]

The Pritzkers also own Royal Caribbean. TransUnion was a subsidiary of The Marmon Group until January 2005, but is now an independent, privately held company.

One of his granddaughters is actress Liesel Pritzker.

One of his grandsons is Daniel Pritzker, the founder of the Chicago band Sonia Dada.

Known as A.N., was the patriarch of one of Chicago's most successful and most philanthropic families. He grew up in the Wicker Park neighborhood, and later earned a law degree from Harvard. He helped develop a diversified group of companies that included the Hyatt Hotel chain, Hammond Organ and McCall's magazine. He and his family have made substantial financial contributions to numerous institutions in Chicago, throughout the country and in Israel.

Members of the Pritzker Family

   * Nicholas Pritzker (1871–1957), Jewish immigrant from Ukraine, father of the family of Pritzker
         o Harry Pritzker (1893–1957), lawyer
         o Abram Nicholas Pritzker (1896–1986)
               + Jay Pritzker (1922–99), founder of Hyatt & philanthropist
                     # Nancy Pritzker (1948–72), suicide
                     # Thomas Pritzker (1950–), chief executive of Pritzker Organization holding company
                     # m. Margot Marshall
                           * 3 children
                     # John A. Pritzker (1953–)
                           * 3 children
                     # Daniel Pritzker (1959–), founder, guitarist and songwriter for the Chicago band Sonia Dada
                           * 5 children
                     # Jean (Gigi) Pritzker Pucker (1962–), filmmaker
                           * 3 children
               + Robert Pritzker (1926–) Founder of Marmon and Philanthropist; gave $60 million to the Illinois Institute of Technology
                     # James N. Pritzker (1950–), retired U.S. Army colonel, founder of the Pritzker Military Library
                           * 3 children
                     # Linda Pritzker (1953–), psychoanalyst, political activist
                           * 3 children
                     # Karen Pritzker (1958–)
                           * 4 children
                     # Matthew (1982–)
                     # Liesel Matthews (1984–), the stage name of actress Liesel Pritzker
               + Donald Pritzker (1932–72)
                     # Penny Pritzker (1959–),national finance chair of the Barack Obama presidential campaign; Chairman of Classic Residences of Hyatt
                           * 2 children
                     # Anthony Pritzker (1961–)
                           * 6 children
                     # Jay Robert Pritzker (1965–), member of New World Ventures; national chairman for Citizens for Hillary in 2008.
                           * 2 children
         o Jack Pritzker (1904–79), lawyer
         o m. Rhoda Goldberg (1914–2007)
               + Nicholas J. Pritzker (1944–), Chairman of the Board and CEO of the Hyatt Development Corporation
                     # 4 children
   *
         o
               +
                     #
                           * Samuel Pritzker(1905-1990)
   *
         o
               + Nathan Ptizker(1943-)
   * Joshua Prizker(1986-)
   * Michael Pritzker(1988-)
   *
         o
               + Steven Pritzker
   * Nicole Pritzker(1988-)
   *
         o
               + Eleanor Ptitzker

fm wikipedia 2008

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Abram Nicholas Pritzker's Timeline

1896
January 6, 1896
Chicago, Cook, Illinois, United States
1922
August 26, 1922
Chicago, Cook, Illinois, United States
1926
June 30, 1926
Chicago, Cook County, Illinois, United States
1932
October 31, 1932
Chicago, Cook, Illinois, United States
1986
February 8, 1986
Age 90
Chicago, Cook, Illinois, United States