Richard Hilton Net Worth 2023
Richard Hilton Net Worth 2023: Did you know that Richard Hilton, the American businessman renowned as the father of celebrity sisters Paris and Nicky Hilton, has amassed a significant fortune? Beyond his familial ties, he has made a notable impact in the business realm, earning respect and recognition. As of May 2023, Richard Hilton’s net worth stands impressively at $350 million.
SIMILAR: Aaron Krause Net Worth 2023
Discover the ultimate authoritative source for Celebrity Net Worth 2023 and Forbes insights. Richard Hilton Net Worth 2023. This comprehensive platform is your go-to destination for all things Richard Hilton, offering a wealth of information encompassing his complete biography, career trajectory, personal life, intriguing facts, physical attributes such as weight and height, his impactful business ventures, and the fascinating tale of his inheritance.
Table of Contents
Who is Richard Hilton?
Richard Howard “Rick” Hilton, a prominent American real estate broker and entrepreneur, is estimated to possess a considerable net worth of around $300 million. As the Chairman and co-founder of Hilton & Hyland, a reputable real estate brokerage firm, Hilton has made substantial contributions to his wealth. He carries a significant lineage as the son of billionaire Barron Hilton and the grandson of Conrad Hilton, the visionary behind Hilton Hotels. Richard Hilton Net Worth 2023. Moreover, his familial ties extend to his marriage to actress Kathy Richards, with whom he shares renowned socialites Paris Hilton and Nicky Hilton as daughters.
Richard Hilton’s journey to his impressive net worth has been marked by his ventures in residential and commercial real estate investments, as well as his instrumental role in creating the gated community of Brentwood Estates. His influence extends to pivotal transactions, including co-brokering the sale of Candy Spelling’s esteemed Holmby Hills estate to Petra Ecclestone for a staggering $85 million. Richard Hilton Net Worth 2023. In this deal, Hilton represented both Spelling and Ecclestone, a feat that earned him a reported commission of $2 million.
SIMILAR: Shivon Zilis net worth 2023
Born on August 17, 1955, in Los Angeles, California, Richard Hilton’s entrepreneurial prowess and strategic involvement in the real estate landscape have undoubtedly played a central role in his impressive financial achievements. Richard Hilton Net Worth 2023.
Profile Summary
| Full Name | Richard Howard Hilton |
| Gender | Male |
| Nationality | United States of America |
| Birthdate | August 17, 1955 |
| Height | 6 feet 2 inches (186 cm) |
| Weight | 85 kg or 187 lbs |
| Race | White |
| Hair Color | Light Brown |
| Eye Color | Brown |
| Feet/Shoe Size | 10 (US) |
| Birthplace | Los Angeles, California, U.S. |
| Occupation | Real estate broker, businessman, investor |
| Business Ventures | Hilton & Hyland real estate brokerage, Rick Hilton & Associates, Hilton Realty Investments, luxury car dealerships, restaurants, hotels, strategic investments |
| Spouse | Kathy Hilton |
| Children | Paris Hilton, Nicky Hilton Rothschild, Barron Hilton II, Conrad Hilton III |
| Website | hiltonhyland.com |
| @RickHilton7 | |
| Net Worth | $350 million (2022) |
Career
Richard Hilton’s professional journey encompasses an array of remarkable achievements. He initially became a part of the New York office of Eastdil Secured, a real estate investment banking firm. Richard Hilton Net Worth 2023. In this capacity, his expertise lay in facilitating transactions involving institutional investors and pension funds. In 1984, he established Hilton Realty Investment, a venture dedicated to commercial real estate, and went on to acquire his broker license in November 1985.
Teaming up with Jeffrey Hyland, Hilton secured a corporation license for their real estate entity, Hilton & Hyland, in 1993. This firm has notably been responsible for iconic developments such as Brentwood Country Estates. Richard Hilton Net Worth 2023. Within its ranks, Hilton & Hyland boasts 106 salespeople, including notable figures like former “Million Dollar Listing” cast members Chad Rogers and Josh Altman, Coleman Laffoon (Anne Heche’s former husband), and Marisa Zanuk (daughter-in-law of Richard D. Zanuk).
The geographical scope of Hilton & Hyland’s expertise encompasses a prestigious range, from Beverly Hills, Holmby Hills, and Bel Air to Brentwood, Pacific Palisades, Malibu, Hollywood Hills, and estates spanning from Santa Barbara to San Diego. Richard Hilton Net Worth 2023. A significant collaboration took place in 2006, as Williams and Williams partnered with Hilton & Hyland Real Estate Inc, collectively focusing on luxury real estate projects of high demand.
An impressive pinnacle in Hilton’s career arrived in June 2011 when he secured a groundbreaking $3 million commission following the sale of Aaron Spelling’s estate to Petra Ecclestone. This remarkable achievement was underscored by the estate’s $150 million price tag and its two-year tenure on the market. Richard Hilton Net Worth 2023. Noteworthy, too, is Hilton’s role representing both Candy Spelling and Ecclestone. A testament to the firm’s prowess, Hilton & Hyland reported nearly $2 billion in sales in 2013.
SIMILAR: George Farmer Net Worth 2023
Beyond his impactful real estate endeavors, Hilton has delved into the realm of production. His portfolio includes the 1989 crime drama “Curfew,” for which he served as a producer. Additionally, he has taken on the mantle of executive producer for television series featuring his daughters, namely “The World According to Paris” in 2011, “Paris Hilton’s My New BFF” in 2009, and “I Want to Be a Hilton” in 2005.
Personal life
On November 24, 1979, he entered matrimony with Kathy Avanzino. Their union bore four illustrious children: Paris Hilton, born in February 1981; Nicky Hilton, welcomed in 1983; Barron Hilton II, arriving in 1989; and Conrad Hughes Hilton, gracing the family in 1994. Richard Hilton Net Worth 2023. In their residence within the Bel-Air neighborhood of Los Angeles, Richard Hilton and Kathy continue to nurture their family of three children.
On the significant date of November 24, 1979, Richard Hilton entered the institution of marriage alongside Kathy Avanzino. This partnership yielded a family of four remarkable children who have since become well-known figures: Paris Hilton, born in the month of February in 1981; Nicky Hilton, whose arrival took place in 1983; Barron Hilton II, who joined the family in 1989; and Conrad Hughes Hilton, born in the year 1994.
As a family unit, Richard Hilton and Kathy Avanzino have chosen to make their home within the Bel-Air neighborhood of Los Angeles. Richard Hilton Net Worth 2023. This location serves as the backdrop for their lives and the upbringing of their three children, creating a place where memories are made and bonds are strengthened.
Early Life
Born on August 17th, 1955, in Los Angeles, California, Richard Hilton entered the world as a member of a family of distinction. Among the eight children of Marilyn June and Barron Hilton, his lineage traced back to the illustrious Hilton Hotel founder, Conrad Hilton.
Steeped in prestige, the Hilton family’s legacy was a driving force for Richard. Richard Hilton Net Worth 2023. His educational journey led him to the University of Denver, where he earned a degree in hotel and restaurant management.
Inspired by the paths paved by his father and grandfather, Richard aspired to carry on the family tradition. His sights were set on immersing himself in the realms of property management and real estate, continuing the legacy that his forebears had established.
Net Worth Growth
Richard Hilton Net Worth 2023. In the year 2023, the personal financial standing of Richard Hilton is approximated to be a noteworthy $350 million. This substantial wealth is a collaborative venture with his wife, Kathy. Notably, Richard’s property portfolio includes a sprawling estate in the Hamptons valued at $3.385 million, an expansive mansion in Bel-Air worth $9.2 million, and an apartment with a valuation of $2.5 million within New York City’s prestigious Pierre Hotel.
| 2022 | $335 million |
| 2021 | $320 million |
| 2020 | $305 million |
| 2019 | $290 million |
| 2018 | $270 million |
Net Worth 2023
As of May 2023, Richard Hilton boasts a substantial net worth of $350 million, primarily attributed to his influential position as the chairman and Co-Founder of the real estate powerhouse, Hilton and Hylan. Notably, the company has strategically joined forces with the esteemed Real Estate Agency, Williams and Williams, a move poised to ensure sustained growth and prosperity for the firm. With this promising collaboration, Richard Hilton’s wealth is anticipated to experience further expansion in the foreseeable future. Richard Hilton Net Worth 2023.
| Annual Income | USD 15 million |
| Monthly Income And Salary | USD 1.2 million + |
| Weekly Earnings | USD 288K + |
| Daily income | USD 41K + |
Frequently Asked Questions (FAQs)
Who is Richard Hilton?
Richard Howard Hilton (born 17 August 1955) known professionally as Richard Hilton is an American Businessman and chairman and co-founder of Hilton & Hyland who has a net worth of $350 million.
How tall is Richard Hilton?
Richard Hilton is reportedly 6 feet 2 inches (188 cm) tall.
How old is Richard Hilton?
Being born on 17 August 1955, Richard Hilton is 67 years old as of today’s date 4th January 2023.
Who is Richard Hilton married to?
He has been married to Kathleen Elizabeth Hilton since 24 November 1979. Together, They have four children.
How old is Richard Hilton‘s wife?
Richard Hilton‘s wife Kathleen Elizabeth Hilton was born on 13 March 1959. According to her birthday, Her age is 63 years as of 2023.
What is Richard Hilton‘s net worth?
As of January 2023, Richard Hilton’s net worth is more than $350 million.
Check more LIFESTYLE articles;
