How did Richard Hilton become rich?
Richard Hilton earned his net worth through his residential and commercial investments in real estate, and his development of the gated community of Brentwood Estates. He co-brokered for the sale of Candy Spelling’s Holmby Hills estate to Petra Ecclestone for $85 million.
What is Mr Hilton’s net worth?
Richard Hilton has a net worth of $350 million. That is a combined net worth with his wife since 1979, Kathy Hilton. Rick and Kathy are perhaps best-known for being the parents of socialites Paris Hilton and Nicky Hilton.
Why is the Hilton family so rich?
The story behind their wealth is as fascinating as the people themselves. Barron Hilton, Paris and Nicky’s uber-rich grandfather was chairman of the board and president and CEO of the company, and in 2007 sold Hilton Hotels to the Blackstone Group for US$26 billion.
Is the Hilton family billionaires?
The Hilton fortune is massive—around $4.5 billion, according to Reuters. But Paris’ grandfather, Barron Hilton, announced his plans to donate 97 percent of his money to charity back in 2004.