Jay Pritzker
Encyclopedia
Jay Arthur Pritzker was an American
entrepreneur
and conglomerate
organizer.
. His brother was Robert Pritzker
. He was the father of Dan Pritzker.
Trained as a lawyer, he early diversified the Chicago-based family business, the Marmon Group
, into lumber
. With his brother Robert Pritzker
, he built a portfolio of 60 diversified industrial corporations. He created the Hyatt Hotel chain in 1957 with his brother Donald Pritzker and owned Braniff Airlines from 1983–1988.
In 1979 he established the Pritzker Architecture Prize.
In 1996, he and his wife Cindy received the National Building Museum's
Honor Award
.
In 2004, the Jay Pritzker Pavilion
, designed by architect Frank Gehry
, was completed as part of Millennium Park
in downtown Chicago
.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
entrepreneur
Entrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...
and conglomerate
Conglomerate (company)
A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...
organizer.
Biography
Pritzker was born in Chicago, Illinois, the son of Fanny (née Doppelt) and A. N. PritzkerAbram Nicholas Pritzker
Abram Nicholas Pritzker , known professionally as A. N. Pritzker, was an American businessman.The son of Ukrainian Jewish immigrants Annie P. and Nicholas J...
. His brother was Robert Pritzker
Robert Pritzker
Robert Alan Pritzker was a member of the wealthy Pritzker family.-Biography:His parents were Fanny and A. N. Pritzker, and his brothers were Jay and Donald. Robert Pritzker received a bachelor's degree in industrial engineering from the Illinois Institute of Technology in 1946 and an honorary...
. He was the father of Dan Pritzker.
Trained as a lawyer, he early diversified the Chicago-based family business, the Marmon Group
Marmon Group
Marmon Group is a United States holding company headquartered in Chicago, Illinois.Marmon Group owns companies that produce electrical components, industrial components and transportation equipment, and provide services including construction and retail solutions.- History :In 1953 Jay Pritzker and...
, into lumber
Lumber
Lumber or timber is wood in any of its stages from felling through readiness for use as structural material for construction, or wood pulp for paper production....
. With his brother Robert Pritzker
Robert Pritzker
Robert Alan Pritzker was a member of the wealthy Pritzker family.-Biography:His parents were Fanny and A. N. Pritzker, and his brothers were Jay and Donald. Robert Pritzker received a bachelor's degree in industrial engineering from the Illinois Institute of Technology in 1946 and an honorary...
, he built a portfolio of 60 diversified industrial corporations. He created the Hyatt Hotel chain in 1957 with his brother Donald Pritzker and owned Braniff Airlines from 1983–1988.
In 1979 he established the Pritzker Architecture Prize.
In 1996, he and his wife Cindy received the National Building Museum's
National Building Museum
The National Builders Museum, in Washington, D.C., United States, is a museum of "architecture, design, engineering, construction, and urban planning"...
Honor Award
Honor Award
The National Building Museum promotes excellence in architecture, engineering, construction, planning, and design. In furtherance of that mission, the Museum instituted an annual Honor Award in 1986 to recognize individuals and organizations that have made important contributions to the U.S.'s...
.
In 2004, the Jay Pritzker Pavilion
Jay Pritzker Pavilion
Jay Pritzker Pavilion, also known as Pritzker Pavilion or Pritzker Music Pavilion, is a bandshell in Millennium Park in the Loop community area of Chicago in Cook County, Illinois, United States. It is located on the south side of Randolph Street and east of the Chicago Landmark Historic Michigan...
, designed by architect Frank Gehry
Frank Gehry
Frank Owen Gehry, is a Canadian American Pritzker Prize-winning architect based in Los Angeles, California.His buildings, including his private residence, have become tourist attractions...
, was completed as part of Millennium Park
Millennium Park
Millennium Park is a public park located in the Loop community area of Chicago in Illinois, USA and originally intended to celebrate the millennium. It is a prominent civic center near the city's Lake Michigan shoreline that covers a section of northwestern Grant Park. The area was previously...
in downtown Chicago
Chicago
Chicago is the largest city in the US state of Illinois. With nearly 2.7 million residents, it is the most populous city in the Midwestern United States and the third most populous in the US, after New York City and Los Angeles...
.