Richard Howard Hilton is an American businessman and current chairman and co-founder of Hilton & Hyland. It is a real estate agency that deals with prestigious properties in some of the most important areas of the United States, such as Beverly Hills and Hollywood Hills. Richard Hilton is also known as the father of his famous daughters Paris and Nicky Hilton. As of 2021, Richard Hilton's net worth is estimated to be approximately $350 million.
|Full Name||Richard Howard Hilton|
|Birth Date||August 17, 1955|
|Birth Place||Los Angeles, California, U.S|
|Net Worth||$350 million|
Richard Hilton is one of eight children of Marilyn Hilton and Barron Hilton. His grandfather is Conrad Hilton, the legendary founder of the Hilton hotel chain. As a result, Richard grew up in a wonderful family and was encouraged to follow in the successful footsteps of his grandfather and his father.
After school, Richard entered the University of Denver, where he earned a bachelor’s degree in hotel and restaurant management.
Richard Hilton’s Net Worth and Career
Check out this post on Instagram
After leaving school, Richard worked at real estate investment bank Eastdil Secured. He has managed pension funds and signed agreements with various institutional investors through the company. Over time, Richard created his own company called Hilton Realty Investment, which focused on commercial real estate projects. During this time, he gained more experience and began to do great business.
After obtaining a real estate license, Richard decided in 1993 to co-found Hilton & Hyland, which offered real estate brokerage services. His efforts have resulted in some of the most luxurious homes in the world for celebrities like Chad Rogers, Coleman Luffoon and Josh Altman.
In 2012, the company’s sales were $3.5 billion, indicative of the size of the company. In one of the transactions he made, Hilton managed to get a commission of $3 million from the sale of a $150 million domain. Richard’s business has grown into a brokerage firm that holds the record for the most sales in prime locations like Malibu and Brentwood.
Richard Hilton met at the age of 18, when Katy was three years his junior. They had an instant bond that grew stronger over the years. This led to their marriage in 1979. Their marriage produced four children, including two girls and two boys.
His two daughters are Paris Hilton, who has become a well-known media personality, model, and actress, and Nicky Hilton, a model, stylist, and businesswoman. Also, many fans around the world met Richard through his wife Kathy when she was a part of the hit show The Real Housewives of Beverly Hills in which Kathy was one of the hottest and most popular stars.
Richard and Katie have three grandchildren so far, who are likely to be born in the next few days.
Richard Hilton net worth
As of 2021, Richard Hilton’s net worth is estimated at $350 million. Richard and his wife Kathy also own several properties in the most prestigious locations in the United States.
In 1999, they bought a 3-acre home in the Hamptons for more than $3 million. Five years later, they made an even bigger purchase of a Bel Air mansion for more than $9 million. Among their latest acquisitions is a luxury apartment in New York that they bought for 2.5 million dollars.