Jonathan Milton Reinsdorf Biography - CEO Of FroogalPay And Jerry Reinsdorf's Son

Jonathan Milton Reinsdorf Biography 2021 - CEO Of FroogalPay And Jerry Reinsdorf's Son

We are all familiar with Jerry Reinsdorf, the owner of the NBA's Chicago Bulls and the MLB's Chicago White Sox. However, besides being one of the most powerful and influential figures in the business world, he is also a father of four. Jonathan Reinsdorf is one of Jerry's sons who has built a name for himself in the business world.

Jonathan Milton Reinsdorf is the CEO of FroogalPay, the Managing Member of TripleShot LLC, and the Education Alliance's senior analyst and advisor to the CEO. In addition, Reinsdorf is a member of the United Center Joint Venture's Executive Committee. 

Although many people admire Jonathan Reinsdorf's father, only a few are aware of his own accomplishments. So, today in this biography we will learn about Jerry Reinsdorf's son.

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Is the Youngest Of Jerry Reinsdorf's Childrens

Jonathan Reinsdorf is the son of businessman and sports franchise owner Jerry Reinsdorf and philanthropist and jewelry designer Martyl Reinsdorf. Jonathan grew up in a Jewish family alongside his siblings Susan Reinsdorf, David Reinsdorf, and Michael Reinsdorf. Given that Jonathan was born into a wealthy family, we may assume that he had a pleasant childhood.

Jonathan Milton Reinsdorf's Father Jerry Reinsdorf.

Jonathan Milton Reinsdorf is the youngest son of billionaire Jerry Reinsdorf. Image Source: Michael Reinsdorf Facebook.

Although Reinsdorf's father is one of the individuals many people idolize in the world of sports, Jonathan chose to follow his own passion. He worked in a tech startup instead of following in his dad's footsteps. Nonetheless, his father hopes to merge athletics and technology in the future to carry on the Reinsdorf family legacy.

That being said, Jonathan, like his dad, did take an interest in law and graduated with a degree in Juris Doctor from Northwestern University Pritzker School of Law. Eventually, though, finance piqued his interest, and he went on to receive his higher education from The University of Chicago Booth School of Business, where he earned a Master of Business Administration degree in 2002.

Suffered Terrible Losses

Contrary to beliefs, Jonathan's path has not always been easy, and he has suffered numerous setbacks and losses. For example, David Reinsdorf, his brother and former senior vice president of asset management for Michigan Avenue Real Estate Group died in 2014 at 51. We can only imagine how difficult losing a brother at such a young age must have been.

Similarly, in 2021, Reinsdorf's mother, too, passed away at the age of 85 after a long and painful illness. Jonathan Milton was close to his mother, so it must have been difficult for him to cope with her death, especially since he was already grieving the loss of a sibling.

Nonetheless, his loss only motivated him to become a better person to make his parents and siblings proud. At present, he is known as a prominent figure in the tech world, having inspired many with his skills and expertise.

Jonathan Milton Reinsdorf Net Worth And Career

Initially, Reinsdorf began his career working as an attorney for Katten Muchin & Zavis for three years. Following this, he decided to work with EVEREN Securities, Inc and Mesirow Financial for a year and three years, respectively, as an investment banker. Still, attorneys and bankers are known to make big bucks, so Jonathan Milton Reinsdorf's net worth must have climbed up by a significant amount during his tenure.

However, unsatisfied with finance, Jerry Reinsdorf's son decided to try his hand at real estate. As a result, Jonathan spent the next eight years as a managing partner of Stonegate Development Partners, LLC. Later, he was hired by the Michigan Avenue Real Estate Group to work in the development department.

In addition, he also works at the Education Alliance as a senior analyst and consultant to the CEO. Jonathan must have made thousands of dollars, having worked in the real estate industry for over a decade.

Jonathan Milton Reinsdorf's Net Worth

Jonathan Milton Reinsdorf has dabbled in a variety of fields, thus his net worth must be substantial. Image Source: Chicago White Sox Twitter.

The Chicago native is currently the Managing Member of TripleShot LLC, a specialized software development firm. In addition, he also serves as the CEO of FroogalPay, a virtual payment platform. A CEO's annual salary in the United States is roughly $148,709. Thus, Reinsdorf's net worth must be in the millions after working as a CEO for over a decade.

Furthermore, Jonathan also serves on the Noble Network of Charter Schools and the YWCA Metropolitan Chicago boards. And, like his parents, he has a philanthropic side, serving on the Treatment Alternatives for Safe Communities committee and the Zacoustic advisory board.

However, he is not the only successful member of his family; his older brother, Michael, was elected to serve as the President and the Chief Operating Officer of the Chicago Bulls, a basketball team owned by his father. Talking about Reinsdorf's father, he is considered one of the world's wealthiest people, with a net worth of $1.7 billion.

Nonetheless, Jonathan still has a long way to go, and who knows, one day, he might even establish himself as the richest man in the world.

Who Is Jonathan Milton Reinsdorf's Wife?

Apart from being in the spotlight for being Jerry Reinsdorf's son, Jonathan's love life is also the interest of many. And how could the topic not pique people's minds? After all, he is the son of one of the wealthiest men alive.

However, unlike his father and brother, who live in the spotlight, the FroogalPay CEO has chosen to live a quiet and secluded life away from the spotlight.

And, despite his popularity, Jonathan does not have any social media accounts. Consequently, with the lack of information surrounding his personal life, it is unknown who Jonathan Milton Reinsdorf's wife and children are.

Similarly, Reinsdorf's wife, too, seems like a private person and has never appeared in the media. Just by this, we can presume how much of a private person his spouse is.

Still, we wish his family well and hope that they prosper in their respective careers.

Trivia And Facts

  • Although Jonathan Reinsdorf is no sports enthusiast, he does attend the matches of the teams that his father owns.
  • Reinsdorf attended the Sports Business Awards in 2013.
  • Jonathan took part in the ThinkChicago Roadshow held at the Illinois Institute of Technology.

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