BillionaireNet
Pritzker
John Pritzker
Rank #1482
UNITED STATESServiceHotels, investments

John Pritzker

Net Worth
$2.699B
0% (24h)
John Pritzker, born in 1953, is an American billionaire and investor known for his significant contributions to the hospitality and investment industries. He is a member of the prominent Pritzker family, a dynasty synonymous with business acumen and philanthropy. His source of wealth stems from hotels and various investments. Pritzker's career began in the family business, Hyatt Hotels, and he later founded Mandara Spa. A key achievement was co-founding Geolo Capital, a private equity firm, and creating Two Roads Hospitality, a global lifestyle hotel company. His net worth is estimated at $2.7 billion as of 2024. Pritzker is also actively involved in philanthropy.

The Full Dossier

Early Life

John A. Pritzker was born in Chicago, Illinois, in 1953. He is a member of the Pritzker family, a prominent American business family with roots in Chicago. His father, Jay Pritzker, diversified the family business, the Marmon Group, building it into a portfolio of over 60 diversified industrial corporations. His mother, Marian “Cindy” Friend, and father, Jay Pritzker, instilled values of business and philanthropy early in his life.

Rise to Success

Pritzker's career started at Hyatt Hotels in 1972, rising to Managing Director and Divisional Vice President by 1984. In 1988, he ventured into entrepreneurial activities, founding Mandara Spa in 1996. He later co-founded the private equity firm Geolo Capital in 2005 with Tom Gottlieb. Geolo Capital focused on investments in hospitality, entertainment, and health & wellness companies. In 2011, Geolo Capital purchased a majority interest in the Joie de Vivre boutique hotel chain, later merging it with the Thompson Hotel Group to form Commune Hotels & Resorts. Commune Hotels later became Two Roads Hospitality.

Key Business Strategies

Pritzker has demonstrated keen business acumen through strategic investments and acquisitions. His strategy included identifying opportunities in the hospitality sector and creating and growing brands like Mandara Spa and Two Roads Hospitality. His willingness to adapt and evolve, as seen in the sale of Two Roads Hospitality to Hyatt Corporation, highlights his business flexibility.

Philanthropy

Pritzker is actively involved in philanthropy, with the John Pritzker Family Fund investing in mental health and healthcare, democracy and civic health, Jewish life and the arts. He is on the boards of several organizations, including the Department of Psychiatry and Behavioral Science at UCSF, the Executive Committee of the Metropolitan Museum of Art, and the Bernard Osher Foundation. He also donated to create the Pritzker Center for Photography at the SFMOMA.

Career Timeline

2018

Sold Two Roads Hospitality to Hyatt

Hyatt Corporation acquired Two Roads Hospitality.

2016

Two Roads Hospitality

Commune Hotels and Resorts merged with Destination Hotels to form Two Roads Hospitality

2011

Founded Commune Hotels & Resorts

Merged Joie de Vivre and Thompson Hotel Group.

2005

Co-founded Geolo Capital

Launched a private equity firm focusing on hospitality and other investments.

1996

Founded Mandara Spa

Created a chain of resort spas.

1984

Managing Director and Divisional Vice President at Hyatt

Rose through the ranks at Hyatt Hotels.

1972

Began Career at Hyatt Hotels

Started working in the family business, Hyatt Hotels.

Philanthropic Impact

PhilanthropyUndisclosed

John Pritzker Family Fund

Invests in mental health and healthcare, democracy and civic health, Jewish life and the arts.

PhilanthropyUndisclosed

UCSF Department of Psychiatry and Behavioral Science

Supports the UCSF Department of Psychiatry and Behavioral Science.

Arts$25M

Pritzker Center for Photography at SFMOMA

Created the Pritzker Center for Photography.

Wealth Trajectory