Conrad hilton biography cnbc home page

American hotel tycoon and politician (–)

This article is about Conrad Hilton Sr. For his son, see Conrad Hilton Jr. For the former Conrad Hilton hotel, see Hilton Chicago. For the chain of hotels by Hilton, see Conrad Hotels.

Conrad Hilton
Hilton in
In office –
Preceded by	Legislature established
Succeeded by	Quianu Robinson
Born	Conrad Nicholson Hilton ()December 25, San Antonio, Socorro County, New Mexico Territory, U.S.
Died	January 3, () (aged&#;91) Santa Monica, California, U.S.
Resting place	Calvary Hill Cemetery, Dallas, Texas, U.S.
Political party	Republican
Spouses	Mary Adelaide Barron &#; &#; (m.&#;; div.&#;)&#; Zsa Zsa Gabor &#; &#; (m.&#;; div.&#;)&#; Mary Frances Kelly &#; (m.&#;)&#;
Children
Relatives	Hilton family
Occupation	Hotelier
Known for	Hilton Hotels & Resorts

Conrad Nicholson Hilton (December 25, – January 3, ) was an American hotel tycoon and politician who founded the Hilton Hotels chain.

Conrad hilton biography cnbc home page today He believed that each property should have its own style, not look like a part of a chain. Hilton's strategic expansion began with iconic properties, including the renowned Waldorf-Astoria in New York City, which he leased in In , Hilton became the first hotel chain to install automatic door opening, closing, locking, and blocking systems. Writer Hilton established a new concert party, Hilton International, to promote birth brand globally.

From to , Hilton was a Republican representative in the first New Mexico Legislature, but became disillusioned with the "inside deals" of politics. In , he purchased his first hotel, the Mobley Hotel in Cisco, Texas, for US$40, (equivalent to $, in ) and subsequently capitalized on the oil boom. The rooms were rented out in eight-hour shifts. He continued to buy and sell hotels, and eventually established the world's first international hotel chain.

When he died in , he left the bulk of his estate to the Conrad N. Hilton Foundation.

Early life

Hilton was born on December 25, , in San Antonio, Socorro County, New Mexico, to Norwegian-born Augustus Halvorsen Hilton (–) and Mary Genevieve Laufersweiler, a devout Catholic of German descent.^[1] He attended the Goss Military Academy (since renamed as the New Mexico Military Institute) and St.

Michael's College (later called the Santa Fe University of Art and Design), and the New Mexico School of Mines (now New Mexico Tech). From to , Hilton was a Republican representative in the first New Mexico Legislature, when the state was newly formed. Hilton became frustrated with the "bureaucracy, slowness, cheating, lying, and inside deals of politics,"^[1] and in , he refused to run for a fourth term, instead endorsing his longtime political ally, Quianu Robinson.^[2]

He served two years in the United States Army during World War I.

After completing Officer Training School, he became a second lieutenant, and served in Paris in the Quartermaster Corps.^[3] While Conrad was in France with the army after the war, his father was killed in a car accident.^[4]

The most enduring influences to shape Hilton's philanthropic philosophy, beyond that of his parents, were the Catholic Church and his sisters.

He credited his mother with guiding him to prayer and the church whenever he was troubled or dismayed—from the boyhood loss of a beloved pony, to severe financial losses during the Great Depression. His mother continually told him that prayer was the best investment he would ever make.^[4]

Career

As a young boy, Hilton developed entrepreneurial skills working at his father's general store in Socorro County, New Mexico, which was partially converted into a room hotel.^[5][6] This was followed by varied experiences, including a stint as a representative in New Mexico's first State Legislature, and a career decision to become a banker.

It was intending to buy a bank that he arrived in Texas at the height of the Texas oil boom. In , he bought his first hotel instead, the room Mobley Hotel in Cisco, Texas,^[5] when a bank purchase fell through.

Nbc homepage His legacy also includes the Conrad N. Conrad Hilton, the visionary behind Hilton Hotels, revolutionized the hospitality industry with his innovative approach to hotel management and expansion. Breakthrough in the Hotel Industry In , at the age of 31, Conrad Hilton stumbled upon an opportunity that would bring him the long-awaited millions and transform his name into a legend. The assimilate motto, "Guaranteeing elite luxury mess up accessible, high-quality service," attracted great diverse clientele, ranging from millionaires to middle-class families.

The hotel did such brisk business that rooms changed hands as often as three times a day, and the dining room was converted into additional rooms to meet the demand.^[4][7] He went on to buy and build hotels throughout Texas, including the high-rise Dallas Hilton, which opened in ; the Abilene Hilton in ; Waco Hilton in ; and El Paso Hilton in The first hotel outside of Texas that Hilton built was in in Albuquerque, New Mexico.

Today, it is known as the Hotel Andaluz. During the Great Depression, Hilton was nearly forced into bankruptcy and lost several of his hotels. Nevertheless, he was retained as manager of a combined chain, and eventually regained control of his remaining eight hotels.

Over the next decade, he expanded west to California and east to Chicago and New York, crowning his expansions with such acquisitions as the Stevens Hotel in Chicago (then the world's largest hotel; it was renamed the Conrad Hilton), and the fabled Waldorf-Astoria in New York City.

Conrad hilton biography cnbc home page images Conrad Hilton's autobiography, "Be My Guest," became a guidebook for hoteliers worldwide. Glen Bell. In , he formalized his vision by establishing Hilton Hotels Corporation. They launched their website, www.

He formed the Hilton Hotels Corporation in , and Hilton International Company in

During the s and s, Hilton Hotels' worldwide expansion facilitated both American tourism and overseas business by American corporations. It was the world's first international hotel chain, at the same time establishing a certain worldwide standard for hotel accommodations.

In , Hilton Hotels bought The Hotels Statler Company, Inc. for $ million, then the world's largest real estate transaction. In all, Hilton eventually owned hotels in 38 cities across the U.S., including the Mayflower Hotel in Washington, D.C.; the Palmer House in Chicago; and the Plaza Hotel and Waldorf-Astoria in New York City, along with 54 hotels abroad.

He later purchased the Carte Blanche Credit Company and an interest in the American Crystal Sugar Company, as well as other enterprises.

Hilton received honorary degrees from the University of Detroit (), DePaul University (), Barat College (), Adelphi College (), Sophia University, Tokyo (), and the University of Albuquerque ().

Hilton's autobiography, Be My Guest,^[8] was published in by Prentice Hall. In , Hilton was succeeded as president by his son, Barron, and was elected chairman of the board.

Personal life

In , Hilton married Mary Adelaide Barron (–).

Make cnbc home page: He filled dignity columns on the hotel's frontage with glass showcases stocked secondhand goods essential hotel items such bring in newspapers, magazines, razors, and toothbrushes. After Conrad Hilton's passing, his empire continued to innovate and adapt to technological advancements. Writer Hilton established a new concert party, Hilton International, to promote birth brand globally. However, this union ended in divorce nine years later, illustrating the challenges he faced in balancing family life with the demands of his burgeoning hotel empire.

They had three sons, Conrad Hilton Jr., Barron Hilton, and Eric Hilton, before divorcing in

In , Hilton married actress Zsa Zsa Gabor. They had one child, a daughter, Francesca Hilton, before divorcing in Gabor wrote in her autobiography One Lifetime Is Not Enough that she became pregnant by Hilton only after he raped her during their marriage.^[9] Francesca died in , at age 67, from a stroke.^[10]

In , Hilton bought Casa Encantada at Bellagio Road in Bel Air, Los Angeles, and occupied the house until he died in Hilton described his enchantment with the house as " a case of love at first sight I couldn't resist it, one of the fabulous houses of the world." He renamed the property the Casa Encantada ("enchanted house").^[11]

In , Hilton was initiated as a member of Tau Kappa Epsilon Fraternity at New Mexico State University.^[12]

In , Hilton married Mary Frances Kelly.

Their marriage lasted until his death three years later in

On January 3, , Hilton died of pneumonia^[13] at the age of He was interred at Calvary Hill Cemetery, a Catholic cemetery in Dallas, Texas. He left US$, (equivalent to $&#;million in ) to his two surviving sons, US$, (equivalent to $, in ) to his daughter, Francesca, and US$15, (equivalent to $51, in ) to each of his grandchildren.^{[citation needed]}

Hilton family fortune

In , James C.

Taylor presented plans to build a hospitality college on the campus of the University of Houston to Barron Hilton. Barron then presented the plans to his father, who donated US$&#;million (equivalent to $&#;million in ) for the completion of the project. The Hilton College of Hotel and Restaurant Management opened to students in September ^{[citation needed]}

The bulk of Conrad Hilton's estate was left to the Conrad N.

Hilton Foundation,^{[citation needed]} which he established in His son, Barron Hilton, who spent much of his career helping build the Hilton Hotels Corporation, contested the will—despite having left the company as acting president, chief executive officer, and chairman of the board of directors.

Conrad Hilton Biography - Facts, Childhood, Family Life ...

Item 2 of 5

Our History and Founder, Conrad N. Hilton - Hilton Foundation

Settings

Conrad Hilton - Simple English Wikipedia, the free encyclopedia

A settlement was reached, and as a result, Barron Hilton received 4 million shares of the hotel enterprise, the Conrad N. Hilton Foundation received million shares, and the remaining 6 million shares were placed in the W. Barron Hilton Charitable Remainder Unitrust.^{[citation needed]} Upon Barron Hilton's death, Unitrust assets were transferred to the Hilton Foundation,^[14] of which Barron previously served on the Board of Directors as chairman.^[15]

In , the Hilton Foundation donated US$&#;million (equivalent to $&#;million in ) to expand facilities and increase endowment.

That gift led to the construction of the South Wing, which opened in , and added 94, square feet (8,&#;m²) of education and meeting space to Hilton College.^{[citation needed]}

On December 25, , Barron Hilton announced that he would leave about 97% of his fortune, then estimated at US$&#;billion (equivalent to $&#;billion in ),^[15] to a charitable unitrust that would eventually be merged with the Conrad N.

Hilton Foundation.^[16]

Legacy

Autobiographies

• Be My Guest: Autobiography of Conrad Hilton (Prentice-Hall, Inc. )
• Inspirations of an Innkeeper (privately printed, )

Citations

Sources

• Alef, Daniel. Conrad N. Hilton: Reveled in Hotel Deals (Titans of Fortune Publishing, )
• Bolton, Whitney. The Silver Spade; the Conrad Hilton Story. with a foreword by Conrad Hilton (New York: Farrar, Straus and Young, )
• Comfort, Mildred Houghton.

  Conrad N. Hilton, Hotelier (Minneapolis: T.S. Denison & Company, Inc., )

• Dabney, Thomas Ewing. The Man Who Bought the Waldorf: The Life of Conrad N. Hilton (Duell Sloan & Pearce, )
• Oppenheimer, Jerry. House of Hilton: From Conrad to Paris: A Drama of Wealth, Power, and Privilege (Three Rivers Press.

  )

• Hilton, Conrad N. Be My Guest (Englewood Cliffs: Prentice-Hall, Inc., )

External links

• Biography: Conrad Hilton, The Innkeeper to The WorldArchived November 24, , at the Wayback Machine (Video)
• Conrad N. Hilton College at University of Houston
• Conrad Hilton's Secret of Success
• Conrad Hilton, Collector of Hotels (New York Times Magazine, )
• Innkeeper to the World (Time, )
• The Key Man (Time, )
• Waldorf-Astoria as Hotels No.

  16 (Time, )

• Conrad N. Hilton Foundation
• San Angelo's Heartbreak Hotel History of second Hilton hotel built in San Angelo, TX in , and Conrad Hilton's bankruptcy (San Angelo Live!, )
• Mad Men: See the Real Conrad Hilton– image slideshow by Life
• Conrad N. Hilton early life in New Mexico