The December 11, 2002, online issue of Forbes magazine carried the story of a family feud in one of the richest families in America. The Pritzker family of Chicago owns the Hyatt hotel chain. They also own many other businesses, including cruise lines, railroads, and banks. In 2002, 18-year-old Liesel Pritzker sued her father and other family members, claiming that they drained her trust fund of more than $1 billion. Because of their mismanagement, Liesel claims, her inheritance has been greatly reduced. She is suing for $5 billion dollars in punitive damages. (1)
One billion dollars! Poor Liesel! Some of us would like to have her problems. She didn't have to lift a finger to earn this money. It's just there, what's left of it, earning interest, and waiting for her to collect it. Don't yo…