Los Angeles Business Journal
Hilton Leaves His Mark
REMEMBRANCE: LA icon influenced more than hotels
By Hannah Madans
William Barron Hilton, who died Sept. 19 at his home in Los Angeles at the age of 91, had an outsized impact on the city’s business community.
The son of hotel mogul Conrad Hilton, he initially eschewed the family business, acquiring a citrus distribution company at age 19.
Hilton would eventually assume the reins of his father’s hotel company, where he would transform the hotel chain and, in the process, the industry itself.
“I don’t think you can say enough about his impact on the hotel business. Hilton is a huge name in the hotel business in the U.S. and worldwide,” said Alan Reay, president of Atlas Hospitality Group. Reay added that Hilton became known for the “quality of their assets” under his leadership.
But Hilton would also make his mark on the business landscape in a number of other ways, ranging from the use of innovative real estate tools to remaking professional football.
Here’s a closer look at Hilton’s legacy and some of the areas where he had a lasting impact.
In 1959, after oil tycoons Lamar Hunt and Bud Adams were turned down for expansion teams by the National Football League, they pulled together a group of business leaders from across the country to start a competing league.
The owners, including Hilton, launched the eight-team American Football League in 1960 and nicknamed themselves “The Foolish Club” for challenging the NFL.
Hilton’s franchise, the Los Angeles Chargers, lost $900,000 in its first season after trying to compete with the Los Angeles Rams to fill seats. So before the 1961 season, Hilton moved the Chargers to San Diego, where they would play for more than 50 years. The team won the AFL championship in 1963. Hilton helped negotiate the AFL’s merger with the NFL in 1966 and played a key role in creating the Super Bowl, which was held at the Coliseum in 1967.
In 1966, Hilton sold his majority interest in the team for $10 million, a record at the time.
In 2017, the Chargers moved back to L.A., joining the Rams as the city’s second football team. Both teams will play at SoFi Stadium, which is scheduled to open next summer in Inglewood.
Philanthropy: The Conrad N. Hilton Foundation
When Hilton’s father Conrad died, he left 97% of his estate to the Westlake Village-based Conrad N. Hilton Foundation. In 2007, Barron Hilton announced plans to do the same.