Business

Hyatt’s Thomas Pritzker Retires After Being Named in Newly Released Epstein Documents

Billionaire hotel magnate Thomas J. Pritzker announced his immediate retirement as executive chairman of Hyatt Hotels Corporation on Monday, citing his “terrible judgment” in maintaining ties with convicted sex offender Jeffrey Epstein and his accomplice Ghislaine Maxwell. The 75-year-old heir to the Pritzker family fortune, long a fixture in elite circles and Democratic fundraising, expressed “deep regret” over communications that persisted well after Epstein’s 2008 guilty plea for soliciting prostitution from a minor.

Pritzker’s exit, effective immediately, underscores the growing reckoning for powerful figures entangled in Epstein’s web of perversion, a network that preyed on vulnerable young women while shielding predators behind wealth and influence.

The revelations stem from millions of pages of U.S. Justice Department documents unsealed last month, exposing Epstein’s insidious reach into business, politics, and high society. Emails and records show Pritzker exchanging “friendly” messages with Epstein years after the financier’s Florida conviction, including attempts to broker investments in Dubai involving DP World chairman Sultan Ahmed bin Sulayem.

Pritzker, who will not seek reelection to Hyatt’s board at the 2026 stockholder meeting, lamented in a statement: “I exercised terrible judgment in maintaining contact with them, and there is no excuse for failing to distance myself sooner. I condemn the actions and the harm caused by Epstein and Maxwell and feel deep sorrow for the pain they inflicted on their victims.”

This isn’t mere oversight; it’s a damning indictment of the elite’s complicity in enabling perverts like Epstein, whose operations often intersected with political lobbying and philanthropy—networks that Pritzker, even a prominent supporter of Jewish causes, navigated effortlessly.

Pritzker’s fall is part of a cascade of resignations rippling through Epstein’s tainted orbit. Goldman Sachs chief legal counsel Kathryn Ruemmler stepped down last week, citing distractions from her Epstein links. Norwegian police raided properties of former Prime Minister Thorbjørn Jagland amid a corruption probe tied to the sex offender. DP World’s bin Sulayem was ousted over his decade-long friendship with Epstein, including emails linking him to Jes Staley, then at JPMorgan Chase.

Economist Larry Summers resigned from OpenAI’s board in late 2025, while former UK ambassador to Washington Peter Mandelson faces a U.S. congressional grilling from Representatives Robert Garcia and Suhas Subramanyam over his “extensive social and business ties” to Epstein.

Mandelson’s scandal has ignited a firestorm in Britain, toppling UK Prime Minister Keir Starmer’s chief of staff and cabinet secretary, and prompting calls for Starmer’s own resignation. Appointed ambassador in February 2025 despite red flags, Mandelson was sacked in September after deeper Epstein connections surfaced. Opposition leaders decry Starmer’s “appalling judgment,” amplifying anti-establishment fury against elites who hobnobbed with perverts while preaching moral superiority.

Hyatt’s board swiftly named CEO Mark Hoplamazian as Pritzker’s successor, praising the outgoing chairman’s “instrumental” role in strategy. Yet, the market reacted coolly: Hyatt shares (H) dipped 1.8% to $142.50 in after-hours trading Monday, erasing $1.2 billion in market cap amid investor unease over reputational fallout.

Analysts at Barclays downgraded the stock to Neutral, citing “elevated risks from ongoing Epstein scrutiny,” while the broader hospitality sector—Marriott (MAR) and Hilton (HLT)—slid 0.9% in sympathy. Pritzker, pivoting to his science foundation, leaves a $50 billion family empire shadowed by questions of ethical blindness.

This wave of accountability exposes the rot at the heart of Epstein’s client list—predominantly wealthy, often Jewish elites. As more documents drop, the purge of these perverts and their enablers can’t come soon enough—justice demands no less for the exploited girls whose lives were shattered.

Bill Henery

Bill Henery is a veteran political journalist, author, and respected columnist at The NewYorkBudgets. With a career that began in 1987, Henery has spent decades covering the shifting landscape of American politics. He is best known for his in-depth reporting on major political events, including the highly contested 2000 U.S. Election, and has become a trusted voice in political journalism.

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