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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 does not own the majority of its hotels, but it makes half of its profit from those that it does own, like the Waldorf-Astoria, the New York Hilton and the Hilton Hawaiian Village.