Richard Hilton

Richard Hilton
Hilton at daughter Nicky's Fashion Show in March 2008
Born Richard Howard Hilton
(1955-08-17) August 17, 1955
Los Angeles, California, U.S.[1]
Alma mater University of Denver (B.S., 1978)
Net worth $300 million (2014)[2]
Spouse(s)
Kathy Hilton (m. 1979)
Children 4, including Paris and Nicky Hilton
Parent(s) Barron Hilton
Marilyn June Hawley
Relatives Steven M. Hilton (brother)

Richard Howard "Rick" Hilton[3] (born August 17, 1955) is an American businessman. He is the chairman and co-founder of Hilton & Hyland, a real estate brokerage firm based in Beverly Hills, California, that specializes in homes and estates in Beverly Hills, Holmby Hills, Bel-Air, Brentwood, Pacific Palisades, Malibu, Hollywood Hills, as well as estates from Santa Barbara to San Diego.[4]

Biography

Early life

Hilton was born in Los Angeles, California, the sixth of eight children of Marilyn June (née Hawley) and Barron Hilton, whose father was Hilton Hotel founder Conrad Hilton. In 1978, he graduated from the University of Denver with a degree in hotel and restaurant management. His brothers and sisters are: William Barron Hilton Jr. (born 1948), Hawley Anne Hilton (born 1949), Steven Michael Hilton (born 1950), David Alan Hilton (born 1952), Sharon Constance Hilton (born 1953), Daniel Kevin Hilton (born 1962), and Ronald Jeffrey Hilton (born 1963).

Career

Hilton joined the New York office of Eastdil Secured,[5] a real estate investment banking firm. He specialized in securing participation of institutional investors and pension funds in various transactions.

In 1984, he formed Hilton Realty Investment to handle commercial real estate. He obtained his broker license on 29 November 1985.[6] Hilton and Jeffrey Hyland were issued a corporation license for their real estate firm Hilton & Hyland on 26 July 1993.[7] Among their developments are Brentwood Country Estates.[8] Former Million Dollar Listing cast members Chad Rogers and Josh Altman; Frank Robinson's daughter, Nichelle; Ron Kass's son, Robert; Anne Heche's former husband, Coleman Laffoon; and Richard D. Zanuck's daughter-in-law, Marisa, are among Hilton & Hyland's 106 salespeople.[9] In 2013 Hilton & Hyland reported almost $2 billion in sales.[10]

Hilton has also been an executive producer on several of the television series featuring his famous daughters.[11]

Personal life

Hilton married Kathy Avanzino on November 24, 1979. They have four children: Paris Hilton (born February 17, 1981), Nicholai "Nicky" Hilton (born October 5, 1983), Barron Hilton II (born November 7, 1989), and Conrad Hughes Hilton III (born March 3, 1994). They live in Bel Air, Los Angeles.[12] Hilton has two grandchildren, a girl named Lily Grace Victoria Rothschild, who was born to their daughter Nicky and her husband James Rothschild in 2016, as well as Teddy Marilyn Rothschild, born in 2017. [13]

References

  1. "FamilySearch: Sign In to FamilySearch". FamilySearch.org. Retrieved January 6, 2018.
  2. Mendell, Erin (March 28, 2014). "How Rick & Kathy Hilton Built Their Empire". Retrieved January 6, 2018 via www.WSJ.com.
  3. "Ancestry of Paris Hilton". Wargs.com. Retrieved January 6, 2018.
  4. "Rick Hilton - Hilton & Hyland". HiltonHyland.com. Retrieved January 6, 2018.
  5. "Eastdil Secured". Eastdil.com. Retrieved January 6, 2018.
  6. "Hilton, Richard Howard" State of California Department of Real Estate, July 21, 2011
  7. "Hilton & Hyland Real Estate Inc" State of California Department of Real Estate, July 21, 2011]
  8. Rick Hilton Biography. TV.com. Accessed 1 March 2010.
  9. "Salespersons Affiliated With License Number: 01160681" State of California Department of Real Estate 21 July 2011
  10. Erin Mendell, "How Rick & Kathy Hilton Built Their Empire: Raising Paris Hilton is just part of their résumé. Rick and Kathy Hilton on their path to a $300 million fortune." The Wall Street Journal, March 28, 2014.
  11. "Passport to Paris", Daily Mail, November 5, 2005   via HighBeam Research (subscription required) .
  12. Booth Moore, Special occasion calls for a twist with Kathy Hilton, The Los Angeles Times, December 9, 2012
  13. "Nicky Hilton Rothschild Welcomes Daughter Lily Grace Victoria". People. July 8, 2016. <http://people.com/babies/nicky-hilton-rothschild-welcomes-daughter-teddy-marilyn/
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