Conrad Hilton Net Worth At Death

Conrad Hilton net worth at death : Conrad Hilton was one of the forerunners of the modern hospitality entrepreneurship class. By the time he died in 1979, his net worth was approximately $1 billion in today’s money. Much of this had been created by Hilton himself through a company he built into one of the largest and most successful hotel chains in the world the Hilton Hotels Corporation.

Early Life and Career

Conrad Hilton was born on Christmas Day, December 25, 1887, in San Antonio, New Mexico Territory. Business became his first love early on, first with his father and his general store, then on his own into banking and subsequently real estate. He purchased his first hotel, the Mobley Hotel in Cisco, Texas, in 1919, and that was the beginning of his career in the hotel business.

Building the Hilton Empire

Over the next several decades, he continued to increase his holdings within the hotel business and constructed new hotels across the United States and even abroad. Some of the most famous hotels in the Hilton chain were added during his control, such as the Waldorf Astoria in New York. His innovations in how hotels were managed, from a central reservations system to extremely high levels of customer service, made Hilton Hotels an extremely well-known global brand.

Wealth and Philanthropy

At the time of his death, Conrad Hilton was a very wealthy man. He had, by then, been associated with various philanthropic deeds, like the Conrad N. Hilton Foundation he founded in 1944. Most of his estate was given out by his will to the foundation that continues to underwrite charity causes around the world.