A bitter divorce between billionaire Tony Pritzker and his wife, Jeanne, may result in the sale of their 50,000-square-foot hilltop estate in Beverly Crest for as much as $200 million.
The 3-acre compound built by the Hyatt hotel heir and his philanthropist spouse is slated to go on the market at 1261 Angelo Drive, the Wall Street Journal reported.
The resort-style mansion and spa has been the focus of the couple’s bitter divorce battle since they separated in 2022. The divorce was settled for an undisclosed sum.
Now one of the largest homes on the market could ask between $150 million and $200 million, unidentified brokers told the newspaper. If it can fetch that price, it would be among the most expensive homes in the L.A. market.
The promontory estate, designed by Paris-based Designrealization and completed in 2011 after six years of work, replaced a circular, Mid-Century modern home designed by David Fowler.
The Pritzkers used it to raise funds and entertain the likes of Al Gore, Jane Fonda, Tom Brady and Gisele Bündchen.
Run by a staff of more than two dozen people, the estate includes a rectangular mansion, guesthouse, bowling alley, tennis court and an infinity swimming pool with 180-degree views of the city.
The main house sits at the end of a long, steep driveway flanked by landscaped hedges, according to documents filed with the city.
The mansion surrounds a central courtyard and has a high-ceilinged atrium lit by a skylight.
The 12- to 15-bedroom estate, fronted by a fence up to 8 feet high, includes a hairdressing area, a gym with changing rooms, staff quarters and a detached recreation room and home theater.
Locals deride it as “Grand Hyatt Bel-Air,” despite its Beverly Crest address and Beverly Hills Post Office designation. Few would contend its reputation as having one of the best views in L.A.
“You feel like you’re floating in the view,” said Rayni Williams, a broker with Beverly Hills Estates who has attended events at the estate.
Tony Pritzker, head of The Pritzker Group, is the son of Hyatt hotel chain co-founder Donald Pritzker and brother of Illinois Governor J.B. Pritzker. He’s worth $4.1 billion, according to Forbes.
He and Jeanne, now in their 60s, were married for 34 years and have six children.
Their homes included a villa in Phuket, Thailand, and a 9-acre compound in Topanga. A home they bought in 2021 in Los Cabos, Mexico, was valued at $5.35 million, according to divorce filings.
In 2022, prior to the split from Jeanne, Tony Pritzker employed limited liability companies to purchase two Manhattan penthouses from musician John Legend and his wife, Chrissy Teigen, for $16.75 million.
Last year, he used another affiliate to buy the Garcia House, an L.A. home designed in the early 1960s by John Lautner, for $12.5 million.
The Pritzker family through its Hyatt Foundation sponsors the Pritzker Prize, an annual award to recognize a top architect.
— Dana Bartholomew
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