Tag Archives: Northern Trust Corp

Chicago’s billionaire Smith family anoints its next generation

By: Steven R. Strahler January 10, 2011 Inherited wealth has riven many families, such as Chicago’s Pritzkers. But another billionaire clan has just anointed its fifth-generation scion without so much as a public ripple. The Smith family, whose more-than-$5-billion stock portfolio is rooted in Northern Trust Corp. and Illinois Tool …

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