The 50 Wealthiest Angelenos: Anthony Pritzker #24

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#24 – Anthony Pritzker

Net Worth: $1.4 billion -45%

Last Year: $2.53 billion

Age: 48

Residence: Holmby Hills

Source of Wealth: Inheritance



The Money:

Brutal year for Pritzkers, billionaire Chicago family that made fortune in heavy industry, hotels and other businesses. Anthony runs TransUnion Credit, data firm that lost more than $1 billion in value. Other big family jewel, Hyatt Hotel chain, lost more than half its value as travel business cratered.


Buzz:

2001 internecine lawsuit prompted big selloff in family businesses, but recession prompted halt in divestitures. Anthony kept low profile this year, quietly working at family-owned credit reporting company and as director of investment consulting firm Evercore Partners. With brother J.B., bought Web site Group Travel Planet in Ohio. In contrast, sister Penny served as national finance chairwoman for Obama presidential campaign, biggest political fundraising effort in history. Grandfather Abram Nicholas Pritzker founded dynasty by buying distressed Chicago real estate; later started Marmon Group to turn around heavy industrial companies. From single hotel near Los Angeles International Airport, family built Hyatt into chain with 735 properties. Pritzkers own large minority stake in Royal Caribbean cruise line. Anthony has one-eleventh share of family wealth.

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