Penny Pritzker Bio | Wiki
Penny Pritzker ( Full Name: Penny Sue Pritzker) is a popular American billionaire businesswoman and civic leader who is the founder and Chairman of PSP Partners and its affiliates, Pritzker Realty Group, PSP Capital, and PSP Growth. Before, Penny worked as the 38th United States Secretary of Commerce in the Obama administration from 2013 until 2017. She also worked as an executive chairman of the board of TransUnion and is a past board member of Hyatt Hotels Corporation, Wm. Wrigley Jr. Company, Marmon Group, as well as LaSalle Bank Corporation.
Penny is a member of the famous Pritzker family and was involved with the family business empire from a young age. She was finally appointed as one of three successors to her uncle, Jay Pritzker. Penny is on the board of Microsoft, and chair of the Carnegie Endowment for International Peace. As of October 2021, Forbes estimated Penny’s net worth at US$3.2 billion. In 2009, Forbes named Penny one of the 100 most powerful women in the globe.
Prior to entering government service, Penny had been involved in several Chicago organizations, such as the Chicago Board of Education, Museum of Contemporary Art, Chicago, as well as her own foundation, the Pritzker Traubert Family Foundation. She was an early supporter of Obama’s presidential candidacy, having been a peer of the Obama family since their time in Chicago. From 2021 until 2022, Penny was a member of the President’s Council of Advisors on Science and Technology (PCAST).
Penny Pritzker Age
Penny was born on May 2, 1959, in Chicago, Illinois, in the United States. She is 64 years old. Penny celebrates her birthday on May 2, every year.
Penny Pritzker Height
She is a woman of average stature. Penny stands at a height of 5 ft 5 in ( Approx. 1.65m ).
Penny Pritzker Family
She was born in Chicago in 1959, the daughter of Sue (née Sandel) and Donald Pritzker. Penny is a member of the Pritzker family of Chicago, a rich and influential Jewish business family. Her father Donald was one of the co-creators of Hyatt Hotels. Donald moved the family to Atherton, California, where business for the Hyatt Hotels started to grow. She has two younger brothers, named Tony (b. 1961) and J. B. Pritzker (b. 1965), the incumbent Governor of Illinois.
As she was young, Penny would accompany her dad to the hotels and check the cleanliness of the ladies restrooms. In 1972, her father died suddenly of a heart attack when she was 13 years old. After Don’s death, Sue started battling depression, requiring Penny to at times care for her mom and her younger brothers. At age 16, she wrote a letter to her grandfather, and head of the family business empire, A. N. Pritzker, in which Penny asked why he talked business with the men in the family and not with her. Finally realizing her interest in business, A. N. provided Penny with a summer course in accounting. In 1982, Penny’s mother died after falling out of the passenger side of a tow truck.
Penny Pritzker Brother
Penny has two younger brothers, named Tony (b. 1961) and J. B. Pritzker (b. 1965), the incumbent Governor of Illinois. Her brother Jay Robert “J. B.” Pritzker works as the 43rd governor of Illinois since 2019 and possesses the worldwide hotel chain Hyatt. Penny’s other brother, Anthony works as a managing partner of the Pritzker Group.
Penny Pritzker Husband | Bryan Traubert
Penny is married to her husband Bryan Traubert an ophthalmologist. The couple has two children named Donald and Rose. She and her husband, Bryan Traubert, have their own foundation named the Pritzker Traubert Family Foundation which specializes in physical activity for young people and developing economic opportunity in Chicago.
Penny Pritzker Daughter
She has a daughter named Rose who has been working as a dedicated and kind teacher for many years. Rose now works as a National Course Manager at National Education Equity Lab. Prior to that, Rose was involved in Intrinsic Schools as the Director of Academic Innovation. Furthermore, Rose used to teach civics, world literature, government, as well as politics at the Noble Network of Charter Schools. In addition, Rose has also served as a Government and AP Government Teacher at Leadership Public Schools.
Penny Pritzker Education | Harvard
Penny studied at Castilleja School until 1977. Later on, Penny graduated with a Bachelor of Arts in economics from Harvard College in 1981. She also earned both a Juris Doctor and an MBA from Stanford University in 1985.
Penny Pritzker PSP Partners | Family Office
She works as the founder and Chairman of PSP Partners and its affiliates, Pritzker Realty Group, PSP Capital, and PSP Growth. From June 2013 to January 2017, Penny worked as U.S. Secretary of Commerce in the Obama Administration. She is an entrepreneur, civic leader, and philanthropist, with over 30 years of experience in many industries. In addition to her work at PSP Partners, Penny launched many other businesses over the course of her career, which included creating Vi Senior Living (formerly known as Classic Residence by Hyatt) and co-founding The Parking Spot, Artemis Real Estate Partners, and Inspired Capital Partners.
Penny Pritzker House | Michagan House
Penny owns a Lincoln Park mansion for $6.5 million. The house is located on North Kenmore Avenue and is the 5,800-square-foot home that was purchased in May 2020, as per Cook County records. The home was constructed in 2016 on an approximately 6,000-square-foot lot, which is twice the size of the city’s standard lot. Penny and her husband, Bryan Traubert, have reportedly resided on nearby Orchard Avenue since the early 2000s when an entity owned by the Pritzker family spent $7 million to buy several lots on which their house was built.
Penny Pritzker Qualifications
She received her bachelor’s degree in economics from Harvard University as well as a J.D. and M.B.A. degrees from Stanford University.
David Rubernstein Penny Pritzker
On The David Rubenstein Show, Penny talked about breaking into male-dominated businesses, her philanthropic efforts in Chicago as well as her friendship with Barack Obama. Penny spoke on “The David Rubenstein Show: Peer-to-Peer Conversations” recorded on Jan. 24, 2023, in Chicago.
Penny Pritzker Net Worth
Penny gets her wealth from her work as a businesswoman and civic leader who is the founder and chairman of PSP Partners. Therefore, Penny has accumulated a decent fortune over the years. Penny’s net worth is $3.2 billion.
How Old Is Penny Pritzker
Penny is a 64-year-old who was born on May 2, 1959, in Chicago, Illinois, in the United States. Penny celebrates her birthday on May 2, every year.
How Much Is Penny Pritzker Worth
She is a businesswoman and civic leader who is the founder and chairman of PSP Partners whose net worth is $3.2 billion.
Who Is Penny Pritzker
She is an American billionaire businesswoman and civic leader who is the founder and chairman of PSP Partners, a private investment firm with ventures in real estate, hedge funds, and startups. Penny previously worked as the 38th United States Secretary of Commerce in the Obama administration.
Penny Pritzker Social Media Account
Twitter – @PennyPritzker