Billionaire philanthropist and insurance magnate Pat Ryan, who founded and is the retired chairman of Aon Corp., and his wife, Shirley, on Dec. 18 sold one of the two condominium units they have owned on the 62nd floor of the Four Seasons Hotel Chicago building on North Michigan Avenue for its $1.3 million asking price. Pat Ryan is the founder and executive chairman of the insurance holding company that he founded in 2010, Ryan Specialty Group, and he continues to have major influence in his longtime role on the board of trustees of his alma mater, Northwestern University, particularly in athletics. Both Pat and Shirley Ryan founded Pathways, an organization formed to raise awareness and spread knowledge about early detection and intervention for pediatric motor, sensory and communication delays, and in 2017, they integrated Pathways with the Rehabilitation Institute of Chicago in a brand-new hospital building known as the Shirley Ryan AbilityLab. In the Four Seasons, the Ryans paid $1.9 million in 1989 for the three-bedroom, 2,727-square-foot condo that they just sold, meaning that they took a $600,000 loss on it over 35 years of ownership. In 2018, they paid $4.4 million for a three-bedroom, 4,320-square-foot unit next door to the one they just sold. That larger unit has been on the market since Nov.
Pat Ryan, Retired Chairman Of Aon Corp., Sells Condo In The Four Seasons Hotel For $1.3m
Bob Goldsborough, Chicago Tribune: Business
Sun, 12/22/2024 - 8:49pm
Topics: aon corp dec four seasons hotel chicago north michigan avenue ryan specialty group northwestern university both pat rehabilitation institute abilitylab four seasons lake michigan michael maier berkshire hathaway homeservices chicago elite street the ryans winnetka lake geneva wis goldsborough pat ryan shirley chicago four seasons michigan avenue shirley ryan pathways in in ryans nov condo sold million founded unit tax mansion building paid three-bedroom insurance couple ceilings views
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more