Age, Biography and Wiki

Penny Pritzker (Penny Sue Pritzker) was born on 2 May, 1959 in Chicago, Illinois, U.S., is an American businesswoman (born 1959). Discover Penny Pritzker's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is she in this year and how she spends money? Also learn how she earned most of networth at the age of 64 years old?

Popular As Penny Sue Pritzker
Occupation N/A
Age 64 years old
Zodiac Sign Taurus
Born 2 May, 1959
Birthday 2 May
Birthplace Chicago, Illinois, U.S.
Nationality United States

We recommend you to check the complete list of Famous People born on 2 May. She is a member of famous businesswoman with the age 64 years old group. She one of the Richest businesswoman who was born in United States.

Penny Pritzker Height, Weight & Measurements

At 64 years old, Penny Pritzker height not available right now. We will update Penny Pritzker's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Penny Pritzker's Husband?

Her husband is Bryan Traubert

Family
Parents Donald Pritzker (father)
Husband Bryan Traubert
Sibling Not Available
Children 2

Penny Pritzker Net Worth

Her net worth has been growing significantly in 2023-2024. So, how much is Penny Pritzker worth at the age of 64 years old? Penny Pritzker’s income source is mostly from being a successful businesswoman. She is from United States. We have estimated Penny Pritzker's net worth, money, salary, income, and assets.

Net Worth in 2024 2.7 billion USD (2020)
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income businesswoman

Penny Pritzker Social Network

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Wikipedia Penny Pritzker Wikipedia
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Timeline

1959

Penny Sue Pritzker (born May 2, 1959) is an American billionaire heiress, businesswoman and civic leader who served as the 38th United States secretary of commerce in the Obama administration from 2013 to 2017.

She was confirmed by a Senate vote of 97–1.

Since September 2023, she has been working in the position of U.S. Special Representative for Ukraine's Economic Recovery.

Pritzker is a member of the prominent Pritzker family and was involved with the family business empire from a young age.

She was eventually appointed as one of three successors to her uncle, Jay Pritzker.

She is the founder of PSP Partners, PSP Capital Partners, and Pritzker Realty Group, and co-founder of Artemis Real Estate Partners and Inspired Capital.

She is on the board of Microsoft, and chair of the Carnegie Endowment for International Peace.

As of October 2021, Forbes estimated her net worth at US$3.2 billion.

Pritzker was born in Chicago in 1959, the daughter of Sue (née Sandel) and Donald Pritzker.

She is a member of the Pritzker family of Chicago, a wealthy and influential Jewish business family.

Donald Pritzker was one of the co-founders of Hyatt Hotels.

He moved the family to Atherton, California, where business for the Hyatt Hotels began to grow.

1961

Penny has two younger brothers, Tony (b. 1961) and J. B. Pritzker (b. 1965), the incumbent Governor of Illinois.

Young Penny would accompany her father to the hotels and check the cleanness of the ladies restrooms.

1972

In 1972, Don died suddenly of a heart attack when Penny was 13years old.

Following Don's death, Sue began battling depression, requiring Penny to at times care for her mother and her younger brothers.

At age 16, Penny wrote a letter to her grandfather, and head of the family business empire, A.N. Pritzker, in which she asked why he talked business with the men in the family and not with her.

Finally realizing Penny's interest in business, A.N. provided her with a summer course in accounting.

1977

Penny attended Castilleja School until 1977.

1981

She graduated with a Bachelor of Arts in economics from Harvard College in 1981.

The following year, Penny's mother died after falling out of the passenger side of a tow truck.

1985

Penny returned to school, earning both a Juris Doctor and an MBA from Stanford University in 1985.

After she earned her degrees, Pritzker joined the Pritzker organization encouraged by her cousin Nick Pritzker.

1987

In 1987, she founded Classic Residence by Hyatt, later renamed Vi, upscale housing for seniors as an alternative to nursing homes.

The project struggled at first, losing $40million in the first 18months, but turned around after changes in marketing and management.

1991

In 1991, Jay Pritzker, Penny's uncle and head of the Pritzker family businesses, named Penny as the director of the Pritzkers' non-hotel landholdings.

With that appointment, Penny created the Pritzker Realty Group, which developed apartment buildings, shopping centers, and the Baldwin Park neighborhood in Orlando, Florida.

From 1991 to 1994, Penny Pritzker was chairperson of the Hinsdale, Illinois-based Superior Bank of Chicago, in which Jay Pritzker had purchased a 50% stake from the Federal Deposit Insurance Corporation, who had taken over the bank when it failed.

1993

In 1993, the bank "embarked on a business strategy of significant growth into subprime home mortgages", according to a report by the United States Treasury Department.

2000

In 2000, it became clear the bank was faltering.

2001

In the months leading up to 2001, the Pritzkers tried to work out a recapitalization plan.

In July 2001, the FDIC seized the bank after the recapitalization could not be resolved.

Subsequently, the Pritzker family reached an agreement with regulators to pay $460million.

2009

In 2009, Forbes named Pritzker one of the 100 most powerful women in the world.

Before entering government service, Pritzker had been involved in many Chicago organizations, including the Chicago Board of Education, Museum of Contemporary Art, Chicago, and her own foundation, the Pritzker Traubert Family Foundation.

Pritzker was an early supporter of Obama's presidential candidacy, having been a friend of the Obama family since their time in Chicago.

From 2021 to 2022, she was a member of the President’s Council of Advisors on Science and Technology (PCAST).

She is the sister of J. B. Pritzker, the current governor of Illinois.

2011

According to the FDIC, by 2011, the uninsured depositors of Superior had each received 81% of their uninsured monies, in addition to the $100,000 each previously received of their insured amount.

Industry experts have criticized the Pritzkers in regard to Superior.