Very quietly, Obama’s chief financier, Penny Pritzker, has entered the Hawaii housing market to buy a retirement home for the president and his family that will be available not in 2016, but in January 2013, according to a confidential source within Pritzker’s Chicago organization
Pritzker, a wealthy Chicago business executive and heiress to the Hyatt Hotels fortune, served as national finance chairman for Obama’s 2008 campaign and is the co-chairman of his 2012 effort. Pritzker is telling potential donors that the Obamas have no intention of returning to Chicago when they leave the White House, according to the source.
She is also raising money for the Obama presidential library and museum, which also are slated for Hawaii.Pritzker’s search for a developed property, suitable for occupancy four months from now, instead of property where a custom-designed estate might be built, is further indication that insiders believe Obama will not be re-elected.
Kevin DuJan, founder and editor of HillBuzz.org, first reported Pritzker was acting as a proxy to purchase a $35 million oceanfront estate in Kailua, the “Beverly Hills of Hawaii,” on the northeast shore of the island of Oahu.
DuJan reported billionaire Pritzker herself may contribute up to half the $35 million purchase price of the future Obama residence.
The property that appears to fit the description is an estate seen in a recent episode of the popular television show “Hawaii Five-O.”
DuJan at HillBuzz.org has been reporting that Michelle Obama’s mother, Marian Robinson, who is currently living with the Obama family in the White House, has been bragging about moving to Hawaii.
“It was fun while it lasted,” HillBuzz.org quotes Robinson as saying, “but wait until you see the place they’re buying for Michelle and Barack!”
The Hawaii Five-01k plan for those earning more than $250,000 a year.
Tags: Blue Hawaii, Hawaii Five-0, Obama, Penny Pritzker
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