All in the Family 2004All in the Family 2004
Nicholas Pritzker had nothing but brains and energy when he came to America from Kiev in 1881 as a 10-year-old. More than a century later, his heirs sat atop a $15 billion enterprise built on real estate development, manufacturing and the Hyatt hotel chain. Recessions, the Depression, wars the Chicago dynasty thrived through them all. Then came the fourth generation. The death in 1999 of family leader
February 1, 2004
Curt Hazlett, journalist, Portland, Me.
Nicholas Pritzker had nothing but brains and energy when he came to America from Kiev in 1881 as a 10-year-old. More than a century later, his heirs sat atop a $15 billion enterprise built on real estate development, manufacturing and the Hyatt hotel chain. Recessions, the Depression, wars — the Chicago dynasty thrived through them all.
Then came the fourth generation. The death in 1999 of family leader Jay Pritzker, Nicholas's grandson, ignited a struggle among the 11 heirs to the empire that will likely bring about its dissolution. Angry that they had little say, some cousins forced a secret agreement to carve up the fortune. Eventually the fight produced a poster child: 18-year-old aspiring actres...
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