J.B. Pritzker
Chicago, Illinois
Bachelor of Arts/Science, Duke University | Doctor of Jurisprudence, Northwestern University
United States
3
hotels, investments
$3,200,000,000
691
3
#691 Billionaires 2019
#251 Forbes 400 2018
Jay Robert "JB" Pritzker, an heir to the Hyatt Hotel fortune, ran private equity firm Pritzker Group with his brother Anthony until March 2017.The Pritzker Group owns and runs industrial firms, particularly in the packaging sector. It also has a stake in Elon Musk's rocket firm SpaceX.The firm was an investor in startup Dollar Shave Club, which was purchased by Unilever for $1 billion in July 2016.His charitable foundation supports nonprofits primarily in Chicago, including the Ounce of Prevention Fund, which provides early-childhood education.His uncle Jay Pritzker (d.1999) founded Hyatt Hotels and his father Donald (d. 1972) managed and developed the Hyatt Hotel chain.His sister Penny Pritzker, also a billionaire, served as U.S. Commerce Secretary under President Obama from 2013 to early 2017.
JB Pritzker, a longtime Democratic donor, is running for governor of Illinois; the election is November 6, 2018.He is one of 11 billionaires in the Pritzker family.
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