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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.
Hilton, a consumer brand that also owns such storied hotels as the Waldorf-Astoria, has been publicly traded for more than five decades. Hilton shares began climbing Monday night and were up 6.4 percent at $36.05 yesterday when the market closed at 1 p.m. for the Fourth of July holiday.