Barron Hilton was an American business magnate and philanthropist. He was chairman, president and chief executive officer of Hilton Hotels Corporation. Barron was also the founder of the American Football League, which later merged with the National Football League to become the Super Bowl. Barron Hilton’s fortune at the time of his death is estimated at approximately $4.5 billion.
|Full Name||William Barron Hilton|
|Birth Date||October 23, 1927|
|Birth Place||Dallas, Texas, 1927|
|Wife||Marilyn June Hawley|
|Net Worth||$4.5 billion|
|Death||September 19, 2019|
Barron Hilton was born on October 23, 1927 in Dallas, Texas, United States. He was born to his parents, Conrad Nicholson Hilton and Mary Adelaide. His father Conrad was the founder of the Hilton hotels. Barron grew up with his parents, who have three brothers. At the age of 17 he became interested in aviation, then he learned to fly.
Barron attended the University of Southern California aviation school. At 19 he received a license to fly a twin engine. He honed his business skills at various companies before joining his father in the hotel business. It was originally distributed by VitaPakt Citrus Products.
Barron Hilton’s Net Worth and Career
After a year in the hotel industry and proving his skills, he was elected vice president of Hilton Hotels in 1954. Hilton received the Los Angeles franchise from the American Football League in 1959. In 1965 he was president of the American Football League.
In 1966 he announced the merger of the American Football League and the National Football League, which ultimately led to the Super Bowl. At the same time, he has steadily expanded the national hotel chain. He was able to complete the purchase of the hotel, initiated by his father 28 years earlier, in 1977. Hilton took over Hilton International in 2005 and it was sold to TWA 38 years later.
Hilton Hotels Corporation was acquired by The Blackstone Group in 2007. The private equity firm acquired 2,800 hotels with 480,000 rooms in 76 countries and territories. The company was renamed Hilton Worldwide, and Chris Nassetta of Host Hotels & Resorts was hired to manage the company. The Hilton is now Hilton, Inc.
Hilton also had a short career in the aviation industry, earning qualifications for single and multi-engine aircraft. He flew a small fleet of planes at his Flying Mr. Ranch in Nevada. The Hilton had gliders, aerobatics, tugboats, restored biplanes, and hot air balloons. He managed his fleet until his retirement in 2012 at the age of 84.
Barron Hilton exchanged vows with Marilyn June Hawley in 1947. Barron and his wife Marilyn were together until her death in 2004. Together, the couple had eight children, 15 grandchildren, including Paris Hilton and Nicky Hilton Rothschild, and 4 great-grandchildren. Barron died of natural causes at his home in Los Angeles on September 19, 2019.
Barron Hilton Net Worth
Barron Hilton’s net worth was approximately $4.5 billion before his death on September 19, 2019. Prior to his passing in 2007, Hilton announced that he would bequeath 97% of his fortune to the Conrad N. Hilton Foundation. Founded in 1944 by his father.