⬅ # 425 Terry Pegula|# 427 Luis Carlos Sarmiento ➡

# 426 Karen Pritzker 

$6.65B

Real Time Net Worth
as of 7/25/2024
$3.9M (0.06%)

# 426 Karen Pritzker 

$6.65B

Real Time Net Worth
as of 7/25/2024
$3.9M (0.06%)
OccupationCofounder, KPJR Films
Source of WealthHotels, Investments
Age66
ResidenceBranford, Connecticut
Marital StatusWidowed
Children4
EducationBS, Northwestern University
Age-Adjusted Net Worth$4.43B
Karen Pritzker
Karen Pritzker
United States
Net worth: $6.65B

Self-Made Score 

Wealth History

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Biography

Biographical Information

Karen L. Pritzker was born in 1958 in Oberlin, Ohio, to Audrey and Robert Pritzker.
She is a member of the billionaire Pritzker family, with her grandfather being A.N. Pritzker, who built Marmon conglomerate and Hyatt hotels.
Pritzker's father, Robert Pritzker, diversified the family business, the Marmon Group, along with his brothers Jay and Donald Pritzker.
She has two full siblings, Jennifer N. Pritzker and Linda Pritzker.
Pritzker's father remarried Irene Dryburgh, with whom he had two half-siblings for Karen: Matthew Pritzker and Liesel Pritzker Simmons.
She graduated with a B.A. from Northwestern University.

Career and Investments

Karen Pritzker invests in public companies like Apple and numerous private biotech and medical device firms.
She manages investments through the Pritzker/Vlock family office, with a diverse asset base including emerging biotechnology, medical device companies, consumer technology products, and real estate.
Pritzker also operates LaunchCapital LLC, a venture fund with a focus on technology, consumer, and medical businesses.
She worked as an editor at Working Mother magazine and has written for various publications including Success, Seventeen, Kirkus Reviews, and Newsday.
Pritzker co-founded KPJR Films in 2012 and executive-produced three documentary films.
Her philanthropic contributions include a $20 million donation to Yale University School of Medicine, $5 million to Teach for America, and $1.5 million to the Michael J. Fox Foundation for Parkinson's Research.

Philanthropic Involvement

Karen Pritzker serves as president and director of The Seedlings Foundation, which supports the physical and mental health of children.
She donated $1 million to build a new visitor center at the Treblinka concentration camp and funded the website Truth in Advertising (TinA) providing information about false advertising.
Pritzker also serves on the board of directors of Grameen America and Grameen PrimaCare, nonprofits offering microloans to women and affordable healthcare for immigrant women.
She co-founded The My Hero Project, aiming to celebrate humanity and empower young people for positive change.

Family Background and Fortune

The Pritzker family is of Jewish descent and based in Chicago, Illinois.
The family fortune arose through the founding and expansion of Hyatt Hotels Corporation, with holdings also including Marmon Group, Superior Bank of Chicago, TransUnion, Braniff Airlines, McCall's magazine, and Royal Caribbean cruise line.
The family engaged in entrepreneurship and philanthropy, consistently ranking among the wealthiest families in the United States.
In 1995, the family business was split into 11 pieces worth $1.4 billion each, with Thomas Pritzker taking control of The Pritzker Organization.

How long would it take you to become as rich as Karen Pritzker?

If you started with $10,000 and invested an additional $500 each month at a 44.11% CAGR, it would take you 5 years to reach Karen Pritzker's net worth of $6.65B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 52.22% compared to 16.62% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Karen Pritzker is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Karen Pritzker, Hotels and Investments are the primary sources. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey