Money & Power

Barron Hilton Passes Away And Leaves 97 Percent of His Fortune to the Hilton Foundation

The billionaire passed away on Friday at the age of 91.
IMAGE RON GALELLA / GETTY IMAGES
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On September 20, the Hilton Foundation announced that Barron Hilton had died at the age of 91. Barron Hilton—born William Barron Hilton—was best known for taking the reigns of his father's hotel empire, and greatly expanding it. Eventually, in 2007, he and fellow Hilton Hotels co-chairman Stephen Bollenbach would sell the company to a private equity group for $26 billion.

Hilton had other pursuits, too. He founded the L.A. Chargers (who would become the San Diego Chargers, before returning north in 2017), as well as the early credit card company Carte Blanche. Family-wise, he was married to Marilyn Hawley Hilton for nearly 60 years before her death. He's survived by his eight children, 15 grandchildren, and four great-grandchildren.

And the fate of his assets? Soon after selling Hilton Hotels, he announced his intention to leave 97 percent of his fortune to the Hilton Foundation—a gift that the foundation says will increase its endowment from $2.9 billion to $6.3 billion.

Here, a look back at Barron Hilton through the decades.

Photo by BETTMANN / GETTY IMAGES.

1951: Barron Hilton poses with his wife, Marilyn Hilton, as they board a plane to Houston.

Photo by CARL IWASAKI / GETTY IMAGES.

1960: Barron and Marilyn Hilton celebrate the opening of a new hotel alongside a feathered guest.

Photo by CHARLES AQUA VIVA / GETTY IMAGES.

1964: Barron Hilton, president of the San Diego Chargers, is photographed alongside a Chargers player who voted the Western Division Player of the Year. From left: Barron Hilton, Chargers player Tobin Rote, AFL commissioner Joe Foss, Patriots player Gino Cappelletti, and Patriots president Billy Sullivan.

Photo by CHARLES AQUA VIVA / GETTY IMAGES.

1969: Four men announce the sale of the San Diego Chargers from Barron Hilton to Samuel Schulman. With them are Chargers head coach and general manager Sid Gillman, and chairman of the board Eugene Klein.

Photo by RON GALELLA / GETTY IMAGES.

1981: Barron Hilton, Ginger Rogers, and Jean MacArthur celebrate the Waldorf Astoria's 50th anniversary.

Photo by TIME & LIFE PICTURES / GETTY IMAGES.

1981: Barron Hilton, Jean MacArthur, and Frank G. Wangeman fête the Waldorf Astoria.

Photo by JIM SMEAL / GETTY IMAGES.

1997: Barron Hilton, photographed a year after he retired.

Photo by AMANDA EDWARDS / GETTY IMAGES.

2004: Barron Hilton (left), photographed with his son Rick Hilton (right) and grandson Barron Hilton (center) at a champagne reception for fashion writer Bettina Zilkha, held at Rick and Kathy Hilton's Bel Air home.

Photo by JEAN BAPTISTE LACROIX / GETTY IMAGES.

2010: Barron Hilton poses with his granddaughter, Paris Hilton, at Dan Tanas in L.A.

*This story originally appeared on Townandcountrymag.com

*Minor edits have been made by the Townandcountry.ph editors

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