Richard Hilton Net Worth

Richard Hilton, the Chairman and co-founder of Hilton & Hyland, stands at the helm of a real estate empire that has left an indelible mark on Beverly Hills and beyond. With a net worth of $350 million, Richard’s journey from the scion of the Hilton dynasty to a titan of the real estate industry is nothing short of remarkable.

Richard Hilton Net Worth	$350 Million
Date of Birth	August 17, 1955
Place of Birth	Los Angeles, California
Nationality	American
Profession	Businessperson, Television producer

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Early Life

Born Richard Howard Hilton on August 17, 1955, in Los Angeles, California, Richard was destined to inherit a legacy of hospitality and entrepreneurship. As the grandson of Conrad Hilton, the founder of Hilton Hotels, Richard grew up surrounded by the trappings of wealth and success. Despite being one of eight children, Richard carved his own path, graduating from the University of Denver with a degree in hotel and restaurant management in 1978.

Richard Hilton Career and Business Ventures

Richard’s foray into the real estate industry began with a stint at Eastdil Secured, where he honed his skills in investment banking and secured institutional investors for various transactions. In 1984, he founded Hilton Realty Investment, laying the groundwork for his future endeavors. In 1993, Richard co-founded Hilton & Hyland with Jeffrey Hyland, a move that would cement his status as a powerhouse in luxury real estate. Hilton & Hyland quickly became synonymous with prestige and exclusivity, specializing in high-end properties in Beverly Hills, Bel Air, and beyond.

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Richard’s business acumen and knack for deal-making were further evidenced by his record-breaking $3 million commission from the sale of Aaron Spelling’s estate to Petra Ecclestone in 2011. With nearly $2 billion in sales reported in 2013 alone, Richard’s real estate empire continued to flourish, solidifying his reputation as a formidable force in the industry.

Beyond real estate, Richard has ventured into the realm of entertainment, serving as a producer on various projects and executive producing television series featuring his daughters Paris and Nicky Hilton. Despite his diverse portfolio of endeavors, Richard remains grounded in his passion for real estate and the legacy he has built alongside his family.

Personal Life

Richard’s personal life is intertwined with his professional endeavors, with his marriage to Kathy Hilton in 1979 marking the beginning of a partnership that has endured for decades. Together, they have raised four children, including the renowned socialites Paris and Nicky Hilton.

In addition to their family life, Richard and Kathy have made significant investments in real estate, including a sprawling property in the Hamptons and a mansion in Bel Air. Their real estate ventures have not only served as lucrative investments but also as symbols of their refined taste and discerning eye for luxury.