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How do/did Parises get their money?


They own a hotel empire, obviously. I mean, do they get the actual cash from their stock owndership of the Hilton hotels? Most billionaires (with some exceptions - JK Rowling,Spielberg) are rich only from their stock ownership and some investments, I assume. Does Hilton get his money from his stock?

Just interesting to know. Knowledgeable answers only please. Thank you.

The initial great wealth primarily came from stock, after all Conrad Hilton was the founder of the hotel chain. His descendants then inherited a great deal of wealth from his estate. (of course there are also many side businesses generating riches).

Since its founding in 1919 by Conrad Hilton, Hilton Hotels has grown to become the America's first coast-to-coast hotel chain, placing special emphasis on business travel, but owning and operating a number of resorts and leisure-oriented hotels as well. Hilton is the flagship brand of Hilton Hotels Corporation and is based in Beverly Hills, California. It is one of the world's largest chains of hotels.

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