⬅ # 449 Sudhir Mehta|# 451 Joe Mansueto

# 450 Thomas Pritzker 

$6.57B

Real Time Net Worth
as of 4/12/2024
-$101.2M (-1.54%)

# 450 Thomas Pritzker 

$6.57B

Real Time Net Worth
as of 4/12/2024
-$101.2M (-1.54%)
OccupationExecutive Chair, Hyatt Hotels
Source of WealthHotels, Investments
Age73
ResidenceChicago, Illinois
Marital StatusMarried
Children3
EducationBS, Claremont McKenna College; Doctor of Jurisprudence, University of Chicago; MBA, University of Chicago
Age-Adjusted Net Worth$2.73B
Thomas Pritzker
Thomas Pritzker
United States
Net worth: $6.57B

Self-Made Score 

Wealth History

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Biography

Early Life and Education

Thomas Pritzker was born on June 6, 1950, to Jay Pritzker (1922–1999) and Marian Friend, belonging to the wealthy Pritzker family of Ukrainian Jewish immigrant descent.
He earned a JD and an MBA from the University of Chicago, along with a BA from Claremont McKenna College.

Career

Pritzker serves as the executive chairman of Hyatt Hotels Corporation, a position he assumed following his father's involvement in acquiring the first Hyatt House motel near Los Angeles International Airport in 1957.
He founded North America Western Asia Holdings LLC (NAWAH) in 2011, acting as its chairman, focusing on investments and advising in Iraqi companies as well as facilitating business in the region.
Pritzker led the sale of Marmon, a manufacturing firm acquired by his father and uncle in the 1950s, to Berkshire Hathaway in 2008.
He served on the board of Royal Caribbean Cruises for two decades before stepping down in 2020.

Philanthropy

Pritzker organized the Pritzker Neuropsychiatric Disorders Research Consortium, dedicated to investigating the genetic basis of psychiatric disorders.
He held past chairmanship positions at the Art Institute of Chicago and the Center for Strategic and International Studies.
Pritzker, alongside his wife Margot Marshall, supports Rare, an international conservation organization.

Personal Life

Thomas Pritzker is married to Margot Marshall and they have three sons.
He has been mentioned in a deposition related to the Jeffrey Epstein case, where Virginia Giuffre testified to having had sexual relations with him once.

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

If you started with $10,000 and invested an additional $500 each month at a 44.18% CAGR, it would take you 5 years to reach Thomas Pritzker's net worth of $6.57B.

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 36.27% compared to 8.51% for the S&P 500 benchmark.

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

Thomas 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 Thomas 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