Wealthiest Angelenos: Anthony Pritzker – #28

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Wealthiest Angelenos: Anthony Pritzker – #28
Wealthiest Angelenos: Anthony Pritzker

The skinny on the fat wallets of L.A.’s 50 wealthiest.

Anthony Pritzker

NET WORTH: $1.76 billion +10%

LAST YEAR: $1.6 billion

AGE: 50 RESIDENCE: Holmby Hills

SOURCE OF WEALTH: Inheritance

THE MONEY: Rebound in travel industry and stock markets increased net worth of local member of wealthy Chicago family. Pritzkers sold off vast portions of business empire but retain 78 percent share of Hyatt Hotels and minority stake in Royal Caribbean cruise line.

BUZZ: Pritzker Group, private equity firm Anthony Pritzker runs with brother J.B., went on buying spree this year. Acquisitions included shipping equipment rental firm, a medical device manufacturer and a maker of janitorial supplies. Pritzker involved in L.A. scene, serving on boards of LACMA, Rand Corp. and UCLA Institute of the Environment and Sustainability. Family dynasty started century ago when grandfather Nicholas bought distressed real estate in Chicago and sons started Marmon Group to turn around industrial companies. From single hotel near LAX, family built Hyatt chain. In 2007, family sold Marmon to Berkshire Hathaway for $7.5 billion. Fortune split among 11 heirs. Sister Penny is clan’s matriarch and serves on President Obama’s Economic Recovery Advisory Board.

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