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Robert Pritzker passes away at 85

1 min reading time

Published on 03/11/11 - Updated on 17/03/22

His grandfather, Nicholas Pritzker, founded the dynasty. His brother Jay Pritzker developed the family fortune and the group's partnership with Hyatt Hotels. Robert Pritzker passed away at 85.

His grandfather, Nicholas Pritzker, founded the dynasty. His brother Jay Pritzker developed the family fortune and the group’s partnership with Hyatt Hotels. Robert Pritzker passed away at 85. He was heir and co-manager of Chicago’s largest fortunes and one of the largest in the United States, where he died.After the breakup of the Marmon Group, Robert Pritzker was at the head of Colson Associates. He was well known for his talents in management, and philanthropy.His associates were his older brother Jay and his younger brother Donald and he was also responsible for the development of the family’s holding, Marmon Group, which was in the real estate and industrial fields. The group entered the hospitality industry in 1957 when they took over the Hyatt in Los Angeles. Their interests in the hospitality industry grew until the group became the tenth largest in the world. Marmon Holding was mostly taken acquired by the third largest fortune in the world, Warren Buffet’s Berkshire Hathaway fund in 2008 and Hyatt Corporation became a publicly listed company in 2009 to settle the family differences that divided the fifth generation of Pritzkers. Two of Robert Pritzker’s children even sued their father for mismanagement of their heritance.After the breakup of the Marmon Group, Robert Pritzker was at the head of Colson Associates. He was well known for his talents in management, and philanthropy.

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