Jay Robert (J.B.) Pritzker – Billionaire

J.B. Pritzker, an heir to the Hyatt Hotel fortune, works with his brother Anthony (“Tony”) running The Pritzker Group, a private equity and venture capital firm with offices in Chicago and Los Angeles. Their firm was an investor in startup Dollar Shave Club, which was purchased by Unilever for $1 billion in July 2016. It’s also invested in Elon Musk’s rocket firm SpaceX. An heir to the Pritzker family’s Hyatt Hotel fortune, J.B, still owns a stake in the hotel chain. He is a supporter of early childhood education and a longtime Democratic donor. He is one of 11 billionaire Pritzker family members.

Jay Robert Pritzker net worth: Jay Robert Pritzker is an American entrepreneur who has a net worth of $3.4 billion dollars. Born in Chicago, Illinois, Jay Robert Pritzker, also known as J.B. Pritzker, graduated from Duke University with a degree in Political Science. He then went on to earn his law degree from the Northwestern University School of Law. His family is one of the most successful in the United States, and his grandfather founded Marmon and the Hyatt chain. Mr. Pritzker now manages the Pritzker Group, a private equity and venture capital firm that purchases companies that are established, but are also on the decline. He also launched his own successful venture capital firm, New World, in 1995. New World is devoted to investing in IT and software companies, and has provided funds to nearly 50 companies thus far. He is an active philanthropist, and has donated primarily to educational programming and facilities.

Source:

1. forbes

2. celebritynetworth