Advertisement




Why is the Hilton family so rich?

By

Posted On

in

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.

Advertisement



Photo via Getty Images

Whether it’s the famous Hilton hotel brand, the OG influencer, and reality star-turned-businesswoman Paris Hilton, or Kyle and co-on Real Housewives, it’s hard to escape the influence and magnitude of the Hilton family empire. Let’s not forget, even Kim Kardashian started off as Paris’ assistant.

Advertisement



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.

However, when he passed away in 2019, he left most of his fortune to charity. In fact, he left just 3 percent of his wealth to his eight children, 15 grandchildren, and four great-grandchildren – including Paris, Nicky, and co.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News