Robert Pritzker - Biography

Robert Alan Pritzker (June 30, 1926 – October 27, 2011) was a member of the wealthy Pritzker family.

Biography

His parents were Fanny (née Doppelt) and A. N. Pritzker, and his brothers were Jay and Donald. Robert Pritzker received a bachelor's degree in industrial engineering from the Illinois Institute of Technology in 1946 and an honorary doctorate in 1984. He taught night courses at IIT and began serving on the Board of Trustees in 1962, and served as a University Regent until the time of his death. Pritzker started The Marmon Group, an international association of autonomous manufacturing and service companies. Marmon's assets constitute half of the Pritzker family fortune. Robert's success can be partially attributed to his unique business structure, in which employees are trusted to make more key decisions, independent of the central office, than in other typical manufacturing settings. This independence allows for more creativity, and increases speed and productivity.

In 2002, Robert Pritzker retired from his position of President of The Marmon Group and assumed the role of President of Colson Associates, Inc., a holding company of caster, plastics moldling, hardware and medical companies, including Acumed, OsteoMed, and Precision Edge Surgical Products Company, among others.

One of his 5 children is former child actress Liesel Pritzker.

See also

• List of billionaires

External links

• Forbes.com: Forbes World's Richest People – Robert Pritzker
• Colson Associates, Inc.