Carrying out businesses is one of the money generating activities that can take someone to great heights. However, the nature of business has something to do with your like. Among the businesses that have little or no risk is the real estate brokerage firm, and this is possibly the reason why Richard Hilton settled for the business. Hilton is famous for being the co-founder of Hilton & Hyland which is based in Beverly Hills, California. Now let us follow Richard Hilton closely step by step starting with his early life, career, awards, and achievements for clarity of what is Richard Hilton net worth in 2019.
Richard Hilton was born in 1955, 17th August in Los Angeles, California. His father is Barron Hilton while his mother is Marilyn June. Richard’s grandfather from his dad’s side was Conrad Hilton who is the founder of Hilton hotel. Hilton was raised in a family of eight children. These siblings include Hawley Anne, Steve Michael, William Barron and others. Richard attended the University of Denver and graduated in 1978 with a degree in Hotel and restaurant management. In 1979, 24th November, Hilton married Kathy Avanzino and was blessed with their first child, Paris in 1981.
Two years later the couple welcomed their second born, Nicholai Hilton. In 1989, 5th October, Kathy gave birth to their third born Barron Hilton two. Conrad Hughes Clinton is their last born who was born on 3rd March 1994. The family currently lives in Bel Air, Los Angeles. Richard Hilton is the grandfather of two lovely kids, Lily Grace Victoria Rothschild and Teddy Marilyn Rothschild who are the offsprings of her daughter Nicholai Hilton. Her husband is James Rothschild. Their years of birth are 2016 and 2017, respectively.
Richard Hilton kicked off his career when he joined Eastdil Secured New York Office which was a real estate investment banking firm. His primary field of duty was to secure the participation of institutional investors and pension funds in different deals. Hilton formed Reality Investment in 1984 to work on the commercial real estate. In the following year 1985, 29th November, Hilton attained his broker license. He co-partnered with Jeffrey Hyland to form Hilton & Hyland Real estate firm. They got their corporation license in 1993, 26th July. These two developed several areas including Brentwood Country Estates.
The corporation employed many famous figures in American Chad Rogers who was previously Million Dollar Listing member, and also his colleague included Josh Altman. Other employees of the corporation are Nichelle, Robert who were in the team of 106 salespeople in Hilton & Hyland corporation. The corporation has excelled so well that by 2013 it reported around $2 billion in sales. Hilton has also been part of the production of several of his daughter’s television series as the executive producer.
Awards and Achievements
Richard Hilton has achieved prominence as the founder of the famous world largest real estate business known as Hilton & Hyland corporation. He has also excelled in forming a chain of hotels and restaurants known as Hilton Hotels which has been distributed in many places around the world. Hilton is a member of the prominent American family known as the Hilton family which is respected in America and all over the world in general.
Net Worth of Richard Hilton
Richard Hilton net worth is $320 million. It has been from his inheritance and his real estate firm business. His business in hotels and restaurants management has also aided him in gathering the $320 million net worth. Other sources of his wealth are his role as an executive producer in some television series.
Richard Hilton has been able to maintain the fame and pride of the Hilton family. That is due to his work well done just like his fore-parents. In fact, he is an exemplary man and an example for people to follow.