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Hilton Hotels Corporation is owned by Blackstone Group. The company used to be owned by shareholders who were mostly the decendants of the company's founder, Conrad Hilton. Blackstone Group bought the company in 2007. shoredude2 Â· 8 years ago.
The Hilton name is synonymous with hotels. Conrad Hilton (1887-1979) bought his first hotel at the age of 31 and acquired or built dozens more in his life time. Through shrewd financing and bargaining, Hilton created one of the largest hotel chains in the world.