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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 company incorporated in 1946 as the Hilton Hotels Corporation, and subsequently began public trading of shares on the New York Stock Exchange. Hilton International was born a few years later (in 1949) with the opening of the Caribe Hilton Hotel in Puerto Rico.