Donald Pritzker
Donald Pritzker | |
|---|---|
| Born | Donald Nicholas Pritzker October 31, 1932 |
| Died | May 6, 1972 (aged 39) |
| Education | Harvard University (BA) University of Chicago (JD) |
| Occupation | Businessman |
| Title | President of the Hyatt Corporation |
| Spouse |
Sue Sandel (m. 1958) |
| Children | |
| Parent | Abram Nicholas Pritzker (father) |
| Relatives | See Pritzker family |
Donald Nicholas Pritzker (October 31, 1932 – May 6, 1972) was an American businessman. He was a member of the Pritzker family and served as the president of Hyatt, where he helped grow the hotel chain.
Early life and education
[edit]Pritzker was born to a Jewish family[1] in Chicago, Illinois, the son of Fanny (née Doppelt) and A. N. Pritzker. He had two older brothers: Jay Pritzker (1922–1999) and Robert Pritzker (1926–2011).[2] Pritzker studied at the Francis W. Parker School, and graduated with a B.A. from Harvard University as well as a J.D. from the University of Chicago Law School.[3]
Career
[edit]In 1961, after he graduated from law school, he went to work for the family company, the Marmon Group.[4] His elder brother Jay Pritzker assigned him the task of managing the Hyatt Hotel chain.[4] Donald moved to Atherton, California, and went about developing the chain and soon became Hyatt's president. In 1967, the Pritzkers bought a newly built hotel in downtown Atlanta out of bankruptcy which had an unusual design consisting of a 21-story atrium lobby with external glass elevators, fountains, and caged tropical birds. Donald renamed it the Hyatt Regency Atlanta; it became an instant success and served as the architectural model for all future Hyatt hotels.[4]
Donald was credited with "setting the tone for the culture and philosophy at Hyatt" and presided over its growth from a six hotel chain to the 5th largest hotel chain in the world at the time of his death.[4]
Personal life
[edit]On June 10, 1958, Donald Pritzker married Sue Sandel (1932–1982),[5] daughter of Albert L. Sandel (1902–1967) and Dorothy J. Craig (1904–1998).[6] She also studied at the Francis W. Parker School and graduated from Radcliffe College.[6] They had three children:[4]
- Penny Pritzker (born 1959), the 38th United States Secretary of Commerce[7]
- Anthony Pritzker (born 1961), managing partner of the Pritzker Group.[8][9]
- Jay Robert Pritzker (born 1965), managing partner of the Pritzker Group and Governor of Illinois.[10] and the 512th richest person in the world.[10]
Death
[edit]Pritzker died in 1972 at age 39 of a heart attack while playing tennis at a Hyatt hotel in Honolulu.[4][11] His wife died 10 years later in an accident at age 49.[5]
References
[edit]- ^ The Economist: "Jay Pritzker, pioneer of the modern hotel chain, died on January 23rd, aged 76" January 28, 1999
- ^ New York Times: "Jay Pritzker, Who Built Chain Of Hyatt Hotels, Is Dead at 76" By ANTHONY RAMIREZ January 25, 1999
- ^ Chicago Magazine: "Tremors in the Empire" By Shane Tritsch December 2002
- ^ a b c d e f Los Angeles Times: "Rooms With a View : Chance Encounter Led to Creation of Rapidly Expanding Hyatt Hotels Chain' by NANCY RIVERA BROOKS November 24, 1987
- ^ a b Chicago Tribune: "Mishap kills Sue Pritzker, widow of Hyatt Hotel founder, at age 49" May 8, 1982
- ^ a b Ancestry.com Wedding Announcement[permanent dead link]
- ^ Jewish Daily Forward: "Penny Pritzker, Jewish Hotel Heiress, Tapped for Commerce Job – Mike Froman Gets Trade Representative Nod" May 2, 2013
- ^ BusinessWeek profile[dead link]
- ^ Milken Institute biography
- ^ a b Forbes Magazine Staff (September 2014). "Jay Robert (J.B.) Pritzker". Forbes Magazine. Retrieved 2015-01-06.
- ^ Times, Special To The New York (9 May 1972). "DONALD N. PRITZKER". The New York Times. Retrieved 27 October 2016.
| International | |
|---|---|
| National | |
- American billionaires
- American people of Ukrainian-Jewish descent
- Hyatt people
- Businesspeople from Chicago
- Pritzker family
- 1932 births
- 1972 deaths
- Harvard University alumni
- 20th-century American businesspeople
- People from Atherton, California
- University of Chicago Law School alumni
- Philanthropists from Illinois
- 20th-century American philanthropists
- 20th-century American Jews