|Full Name||Richard Howard Hilton|
|Net Worth||$350 million (2022)|
|Birthdate||August 17, 1955|
|Birthplace||Los Angeles, California, U.S.|
|Occupation||Real estate broker, businessman, investor|
|Business Ventures||Hilton & Hyland real estate brokerage, Rick Hilton & Associates, Hilton Realty Investments, luxury car dealerships, restaurants, hotels, strategic investments|
|Children||Paris Hilton, Nicky Hilton Rothschild, Barron Hilton II, Conrad Hilton III|
Have you ever wondered what the net worth of Richard Hilton is? The American businessman has built an empire of wealth and is worth a fortune.
He is famously known as the father of celebrity sisters Paris and Nicky Hilton. However, he is also well respected in the business world.
As of May 2023, Richard Hilton has a net worth of $350 million.
Table of Contents
Hilton was born on August 17th, 1955 in Los Angeles California. He is one of eight children to Marilyn June and Barron Hilton. His grandfather was Hilton Hotel founder Conrad Hilton.
The Hiltons were a prestigious family, and Richard would look to continue the legacy. He graduated from the University of Denver, with a degree in hotel and restaurant management.
He planned to follow in his father and grandfather’s footsteps and get involved in property management and real estate.
Hilton started out at the New York Office of Eastdil Secured, a real estate investment banking firm. There he would focus on gaining investors and overseeing a wide range of real estate transactions.
After a few years at Eastdil Secured, he formed Hilton Realty Investments, which focused on commercial real estate.
Soon after he obtained his broker license, he was issued a corporate license to open and operate his own real estate firm. He alongside Jeffrey Hylan created Hilton and Hylan in 1993.
Hilton and Hylan have become a powerhouse in the realm of real estate. The firm now has over 100 salespeople, generating billions of dollars in sales.
Similar to Grant Cardone, Hilton has become a real estate mogul and Hilton and Hylan is a top brokerage in the world. His company specializes in the sales of luxury residential homes in Los Angeles.
Richard Hilton Net Worth Growth
|Year||Estimated Net Worth||Key Factors Contributing to Net Worth Growth|
|1980||$5 million||Co-founding Hilton & Hyland real estate brokerage|
|1990||$30 million||Continued success with Hilton & Hyland, founding of Rick Hilton & Associates, real estate investments|
|2000||$100 million||Expansion of Hilton & Hyland, real estate investments and developments, founding of Hilton Realty Investments|
|2010||$250 million||Further expansion of Hilton & Hyland, involvement in various business ventures such as luxury car dealerships, restaurants, and hotels|
|2022||$350 million||Continued success with Hilton & Hyland, involvement in various business ventures, real estate investments and developments, strategic investments|
Richard Hilton Net Worth 2023
As of May 2023, Richard Hilton has a net worth of $350 million. His wealth is primarily from his role as chairman and Co-Founder of the real estate firm Hilton and Hylan.
The firm has also recently partnered with the well-respected Real Estate Agency Williams and Williams. With this addition, the firm’s success should only continue over time, and Hilton’s wealth should also increase.
Learn and then build
Hilton had to start from the bottom and learn the ins and outs of the industry before he was ready and able to lead on his own. He then created Hilton and Hylan and the rest is history.
Take time to educate yourself in your field and success will follow.
Leave a legacy
Richard was able to continue the legacy his father and grandparents started and now has set up the next generation for the same success.
Your body won’t last, but your name reigns forever. Take pride in how people will remember you, and work hard now so you can create or continue the legacy of your name.