Hilton in 1962
Conrad Nicholson Hilton
December 25, 1887
|Died||January 3, 1979 (aged 91)|
Santa Monica, California, U.S.
|Resting place||Calvary Hill Cemetery, Dallas, Texas|
|Known for||Hilton Hotels & Resorts|
|Net worth||$1 billion (equivalent to $3.52 billion; inflation adjusted)|
Conrad Nicholson Hilton (December 25, 1887 – January 3, 1979) was an American hotelier and the founder of the Hilton Hotels chain.
Conrad Hilton was born in San Antonio, New Mexico by Norwegian born Augustus Halvorsen Hilton (1854–1919) and Mary Genevieve Laufersweiler. He attended the Goss Military Academy (since renamed as the New Mexico Military Institute) and St. Michael's College (now Santa Fe University of Art and Design), and the New Mexico A&M University (now New Mexico State University, Las Cruces, NM). He was a member of the international fraternity Tau Kappa Epsilon – Alpha Omicron Chapter. In his early twenties, Hilton was a Republican representative in the first New Mexico Legislature, when the state was newly formed. He served two years in the U.S. Army during World War I. While Conrad was in France with the army after the war, his father was killed in a car accident.
The most enduring influence to shape Hilton's philanthropic philosophy beyond that of his parents was the Roman 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.
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 10-room hotel. 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 with the intention of buying a bank that he arrived in Texas at the height of the oil boom. He bought his first hotel instead, the 40-room Mobley Hotel in Cisco, Texas, in 1919, when a bank purchase fell through. 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.
He went on to buy and build hotels throughout Texas, including the highrise Dallas Hilton, opened in 1925; the Abilene Hilton in 1927; Waco Hilton in 1928; and El Paso Hilton in 1930. The first hotel outside of Texas that Hilton built was in 1939 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. He formed the Hilton Hotels Corporation in 1946, and Hilton International Company in 1948.
During the 1950s and 1960s, 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 all, Hilton eventually owned 188 hotels in 38 cities in the U.S., including the Mayflower Hotel in Washington, DC, the Palmer House in Chicago, and the Plaza Hotel and Waldorf-Astoria in New York City, along with fifty-four 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 (1953), DePaul University (1954), Barat College (1955), Adelphi College (1957), Sophia University, Tokyo (1963), and the University of Albuquerque (1975). Hilton's autobiography, Be My Guest, was published in 1958 by Prentice Hall. In 1966, Hilton was succeeded as president by his son Barron and was elected chairman of the board.
In 1942, Hilton married actress Zsa Zsa Gabor. They had one child: Constance Francesca Hilton, before divorcing in 1947. Gabor wrote in her 1991 autobiography One Lifetime is Not Enough that she only became pregnant by Hilton after he raped her during their marriage. Their daughter Constance died on January 5, 2015, at age 67, from a stroke.
In 1976, Hilton married Mary Frances Kelly. Their marriage lasted until his death in 1979. Mary Hilton died in 2006, at the age of 90.
Hilton family fortune
On January 3, 1979, Hilton died of natural causes at the age of 91. He is interred at Calvary Hill Cemetery, a Catholic cemetery in Dallas, Texas. He left $500,000 to his two surviving siblings, $100,000 to his daughter Francesca, and $10,000 to each of his nieces and nephews. The bulk of his estate was left to the Conrad N. Hilton Foundation, which he established in 1944. 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. A settlement was reached and, as a result, Barron Hilton received 4 million shares of the hotel enterprise, the Conrad N. Hilton Foundation received 3.5 million shares, and the remaining 6 million shares were placed in the W. Barron Hilton Charitable Remainder Unitrust. Upon Barron Hilton's death, Unitrust assets will be transferred to the Hilton Foundation, of which Barron sits on the Board of Directors as Chairman.
On December 25, 2007, Barron Hilton announced that he would leave about 97% of his fortune (estimated at $2.36 billion), to a charitable unitrust which would eventually be merged with the Conrad N. Hilton Foundation. By leaving his estate to the Foundation, Barron not only donated the fortune he had amassed on his own, but also returned to the Conrad N. Hilton Foundation the Hilton family fortune amassed by his father, which otherwise would have gone to the Conrad N. Hilton Foundation 30 years prior, had Barron not contested his father's will.
- The Conrad N. Hilton Foundation was established in 1944 by Conrad N. Hilton. Its mission is the alleviation of human suffering worldwide.
- Conrad N. Hilton Humanitarian Prize created in 1996 by The Conrad N. Hilton Foundation.
- The Conrad N. Hilton College is a hospitality school of the University of Houston named after Conrad Hilton.
- The Conrad N. Hilton Library at the Hyde Park campus of the Culinary Institute of America.
- The Conrad N. Hilton Chair in Business Ethics, The Hilton Distinguished Entrepreneur Award, and the Conrad N. Hilton Endowed Chair of Entrepreneurship at the College of Business Administration Loyola Marymount University
- Be My Guest, Autobiography of Conrad Hilton (Prentice-Hall, Inc. 1958)
- Inspirations of an Innkeeper (privately printed, 1963)
- "Be My Guest" by Conrad Hilton, copyright 1958 by the Prentice Hall Press
- The Handbook of Texas Online (Texas State Historical Association).
- The never-ending quest to build a hotel in space.
- Associated Press. "Modest Inn at Cisco Began Hotel String of Conrad Hilton," Big Spring Daily Herald, November 21, 1963, p. 12-A.
- Be My Guest, Autobiography of Conrad Hilton Archived March 24, 2012, at the Wayback Machine.
- Review of Zsa Zsa Gabor's autobiography.
- "Hilton, William – Overview, Personal Life, Career Details, Social and Economic Impact, Chronology: Hilton, William". Net Industries. Archived from the original (Encyclopedia) on February 15, 2012. Retrieved April 2, 2011.
- "Barron Hilton to Donate 97% of Estate to Hilton Foundation". Planned Giving Design Center, LLC. December 26, 2007. Retrieved April 2, 2011.
- "Hilton fortune to go to charity". BBC News. 2007-12-27. Retrieved 2010-04-26.
- The Philanthropy Hall of Fame, Conrad Hilton
- Dabney, Thomas Ewing The Man Who Bought the Waldorf: The Life of Conrad N. Hilton (Duell Sloan & Pearce; 1950)
- Bolton, Whitney The Silver Spade; the Conrad Hilton Story. with a foreword by Conrad Hilton (New York: Farrar, Straus and Young; 1954)
- Comfort, Mildred Houghton Conrad N. Hilton, Hotelier (Minneapolis: T.S. Denison & Company, Inc., 1965)
- Oppenheimer, Jerry House of Hilton: From Conrad to Paris: A Drama of Wealth, Power, and Privilege (Three Rivers Press. 2007)
- Alef, Daniel Conrad N. Hilton: Reveled in Hotel Deals (Titans of Fortune Publishing. 2009)
Conrad N.Hilton: (Be My Guest)
- Biography: Conrad Hilton, The Innkeeper to The World (Video)
- Conrad N. Hilton College at University of Houston
- Conrad Hilton's Secret of Success
- Conrad Hilton, Collector of Hotels (New York Times Magazine, 1949)
- Innkeeper to the World (TIME, 1963)
- The Key Man (TIME, 1949)
- Waldorf-Astoria as Hotels No. 16 (TIME, 1949)
- Conrad N. Hilton Foundation
- San Angelo's Heartbreak Hotel History of second Hilton hotel built in San Angelo, TX in 1928, and Conrad Hilton's bankruptcy (San Angelo LIVE! Magazine, 2007)
- Mad Men: See the Real Conrad Hilton– image slideshow by Life magazine