In the exclusive hills of Beverly Crest, Los Angeles, one of America’s largest private residences is up for sale with a staggering price tag of $195 million. Known as the Pritzker estate, this 50,000-square-foot megamansion is more than just a home—it is a symbol of wealth, design, and a divorce that made headlines.
Six Years in the Making
According to Business Insider, billionaire Tony Pritzker, heir to the Hyatt Hotels fortune, and his former wife Jeanne Pritzker, spent six years building the property before moving in around 2011. Designed by late architect Ed Tuttle, the estate spans six acres with panoramic views of downtown Los Angeles and the Pacific Ocean.
The limestone-clad residence boasts 16 bedrooms, 27 bathrooms, 18 fireplaces, and countless luxury amenities, from a green marble infinity pool and private theater to a soundproof bowling alley and a tennis court with its own pavilion. The property even has underground parking for nearly 100 cars.
A Record-Breaking Price Tag
If the home sells at its asking price, it would set a new record for Los Angeles real estate, surpassing Jeff Bezos’ $165 million purchase of the Warner Estate in 2020. Situated just over a mile from Bezos’ property, the Pritzker mansion underscores Beverly Hills’ reputation as a playground for billionaires.
A Divorce and Secret Trusts
The sale comes in the aftermath of Tony and Jeanne Pritzker’s bitter split. Married for more than three decades with six children, the couple separated in 2022 and finalized their divorce in 2024. While Jeanne initially wanted to keep the home, The Wall Street Journal reported that the property was controlled by trusts and LLCs, leaving her with no claim. This arrangement reflects a growing trend among billionaires who use complex ownership structures for privacy, tax, and estate planning.
Beyond its family legacy, the estate was also designed for philanthropy. Jeanne Pritzker told The Hollywood Reporter that the home frequently hosted charity events, including a Mitt Romney fundraiser in 2012. With its vast courtyards, professional kitchens, and custom features—such as a “swimsuit spinner”—it was created for gatherings as much as for luxury living.
Real estate agent Stephen Shapiro told AP that restrictions on hillside construction make recreating a property of this scale impossible today. “You couldn’t build it now,” he said. “This is the finest house I’ve ever seen.” For buyers with nearly $200 million to spare, the Pritzker estate is a once-in-a-generation chance to own a piece of Los Angeles history.
Six Years in the Making
According to Business Insider, billionaire Tony Pritzker, heir to the Hyatt Hotels fortune, and his former wife Jeanne Pritzker, spent six years building the property before moving in around 2011. Designed by late architect Ed Tuttle, the estate spans six acres with panoramic views of downtown Los Angeles and the Pacific Ocean.
The limestone-clad residence boasts 16 bedrooms, 27 bathrooms, 18 fireplaces, and countless luxury amenities, from a green marble infinity pool and private theater to a soundproof bowling alley and a tennis court with its own pavilion. The property even has underground parking for nearly 100 cars.
A Record-Breaking Price Tag
If the home sells at its asking price, it would set a new record for Los Angeles real estate, surpassing Jeff Bezos’ $165 million purchase of the Warner Estate in 2020. Situated just over a mile from Bezos’ property, the Pritzker mansion underscores Beverly Hills’ reputation as a playground for billionaires.
The Pritzker estate in Los Angeles, one of the largest homes in the U.S., is listed for $195 million, potentially setting a record for the city.
— Yan (@Financiann) October 13, 2024
The 50,000-square-foot mansion, built by billionaire Tony Pritzker and philanthropist Jeanne Pritzker, sits on 6 acres in Beverly… pic.twitter.com/qVZxr7By1e
A Divorce and Secret Trusts
The sale comes in the aftermath of Tony and Jeanne Pritzker’s bitter split. Married for more than three decades with six children, the couple separated in 2022 and finalized their divorce in 2024. While Jeanne initially wanted to keep the home, The Wall Street Journal reported that the property was controlled by trusts and LLCs, leaving her with no claim. This arrangement reflects a growing trend among billionaires who use complex ownership structures for privacy, tax, and estate planning.
Beyond its family legacy, the estate was also designed for philanthropy. Jeanne Pritzker told The Hollywood Reporter that the home frequently hosted charity events, including a Mitt Romney fundraiser in 2012. With its vast courtyards, professional kitchens, and custom features—such as a “swimsuit spinner”—it was created for gatherings as much as for luxury living.
Real estate agent Stephen Shapiro told AP that restrictions on hillside construction make recreating a property of this scale impossible today. “You couldn’t build it now,” he said. “This is the finest house I’ve ever seen.” For buyers with nearly $200 million to spare, the Pritzker estate is a once-in-a-generation chance to own a piece of Los Angeles history.
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