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American hotel heir, socialite and business magnate Barron Hilton has an estimated net worth of $4.5 million in 2013. Since 1966, Barron Hilton has been serving as president of Hilton Hotel chain.
William Barron Hilton I was born on October 23, 1927 in Dallas, Texas, USA. His father is Conrad Hilton who is best recognized as the Hilton Hotels’ founder. He was an alumnus of University of Southern California. In 1954, he started serving as Hilton Hotels’ Vice President. In the past, he has served as president of the credit card company, Carte Blanche. He has also invested in an oil company in Texas.
From 1947 through 2004, Hilton was married to Marilyn June Hawley. He has eight children named William, Hawley, Steven, David, Sharon, Richard, Daniel and Ronald.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2012 |
Asset |
Current value of the landmark property which was previously owned by Penn Central Railroad. The property was purchased by Hilton for just $35 million. |
$1,000,000,000 |
|
2007 |
Earning Turned Donation |
Amount donated by W. Barron Hilton I to Conrad N. Hilton Foundation |
$1,200,000,000 |
|
2006 |
Earnings |
Rough earnings when the sale of Harrah's Entertainment (HET, Fortune 500) to Apollo and Texas Pacific Group for $15 billion completed |
$300,000,000 |
|
2006 |
Earnings |
Amount netted from the sale of Hilton Hotels to private equity firm Blackstone |
$800,000,000 |
|
1974 |
Sale of Asset |
Amount earned from the sale of 50% interest in six of the company's largest hotels to Prudential Insurance Company |
$83,000,000 |
|
1965 |
Sale of Asset |
Amount earned from the sale of his interest at the Chargers football franchise |
$10,000,000 |