Richard Hilton is a renowned American businessman. He is the chairman and one of the founders of Hilton & Hyland, the real estate brokerage firm headquartered in Beverly Hills, California, United States.
His real estate firm specializes in homes and estates in Malibu, Beverly Hills, Bel Air, Holmby Hills, Brentwood, Hollywood Hills, Pacific Palisades, and estates from San Diego to Santa Barbara.
He has made several millions of dollars from his lucrative occupation, which has put him on the list of the richest men in California. Richard Hilton’s net worth symbolizes how prosperous he has been in his career.
Hilton is a member of the prestigious Hilton family of the United States of America, which is respected worldwide.
Richard Hilton Net Worth
Richard’s real estate business has done so well for him financially, alongside his booming hotel and restaurant business. He also earns a reasonable income by serving as executive producer on popular television series.
As of this writing, Richard Hilton’s net worth is $320 million. He has been able to maintain his family’s social status and has put in the effort to retain the pride and fane of the Hilton family.
Rick Hilton and his wife Kathy paid $3.385 million for a property in the Hamptons in 1999. Over the years, the couple has acquired more properties.
They own a $2.5 million apartment in New York City’s Pierre Hotel and a large mansion in Bel Air that they bought for $9.2 million.
Richard Hilton’s Career and His Ways Of Making Huge Fortune
After he graduated from the University of Denver, Richard Hilton joined the real estate investment banking firm New York office of Eastdil Secured.
He specialized in securing pension funds and the participation of institutional investors in various transactions. He soon decided it was time to make something for himself.
Therefore, he established the Hilton Realty Investment in 1984, dedicated to handling commercial real estate.
On November 29, 1985, he obtained his broker license and started to engage in his profession full time.
On July 26, 1993, Richard Hilton and his business partner Jeffrey Hyland were issued a corporation license for Hilton & Hyland, a real estate firm that they founded together.
Among their developments are the Brentwood Country Estates. Some of Hilton & Hyland 106 salespeople include Richard D. Zanuck’s daughter-in-law, Marisa, Frank Robinson’s daughter, Nichelle; former Million Dollar Listing cast members Josh Altman and Chad Rogers; Branden Brent Williams; Rayni Romito Williams; Anne Heche’s former husband, Coleman Laffoon; and Ron Kass’s son, Robert.
In 2012, Hilton & Hyland reported nearly $3.5 billion in sales alone. Since 2006, Williams & Williams has been associated with the Hilton & Hyland Real Estate Inc.,
The two companies joined forces to enlarge and distribute projects in the competitive real estate luxury market.
Additionally, Richard Hilton has also worked as an executive producer on many TV series featuring his famous daughters.
Richard Hilton’s Achievements
Richard Hilton has earned fame and success as the founder of one of the most famous and most significant real estate businesses known globally.
His Hilton & Hyland Corporation has achieved tremendous success in the real estate business and has contributed immensely to his fortune and fame.
He has also achieved considerable success in opening a chain of restaurants and hotels known as Hilton Hotels, which is now located across many cities globally. While there is no award credited to his name, he has produced some of the television shows featuring his children, and they went on to be top hits achieving commercial success across the world.
Personal Life & Family
They also have three grandchildren, Lily Grace Victoria Rothschild, born to their second daughter Nicky and her handsome husband James Rothschild in 2016, Milou Alizée Hilton from his first son Barron and his wife Tessa Teddy Marilyn Rothschild.
Kathy has been in the public eye since the 1980s when her marriage to Hilton Hotel heir and real estate magnate Rick Hilton turned them both into jet-setting tabloid mainstays.
Despite the plethora of photos of these socialites partying with everyone from Prince Edward to Donald Trump over the years, not much is known about the pair — and Rick didn’t even appear once on “The Real Housewives of Beverly Hills” in Kathy’s inaugural season.
The former child actor has since revealed that while she isn’t interested in becoming a leading cast member on the show, she would like to continue appearing as a “friend of” the other ladies.
Rick Hilton Had Some Notes For Kathy’s Real Housewives Debut
Thanks to Kathy Hilton’s decade-long rivalry with her sister, Richards, fans weren’t sure what to expect when she joined the cast of “The Real Housewives of Beverly Hills.”
After all, daughter Paris Hilton in part, built her brand on the back of high-profile celebrity feuds. But it soon became apparent that Kathy came to the show in peace.
She won the hearts of fans with quips such as, “Who is hunky dory?” and her penchant for chugging Red Bull to get to sleep. She’s been dubbed “the show’s funniest cast member,” and the approval seems unanimous.
“She has this effervescence mixed with daffiness mixed with self-deprecation and an easy, breezy charm,” podcaster Casey Wilson told The New York Times.
Kathy also proved that you don’t need to fight with everyone to become the star of the show — so much so that her husband, Rick Hilton, told her to stop being so neutral when conflicts arose.
However, Kathy also added Rick’s one piece of constructive criticism: “He goes, ‘You’re sitting all the way down at the table. You’ve got to get a little more aggressive.‘” There’s always next season.