Nicky Hilton Net Worth:
$ 50 Million
What is Nicky Hilton’s Net Worth?
Nicky Hilton is an American businesswoman, fashion model, socialite, celebutante, heir and fashion designer. Nicky Hilton owns a total of $ 50 million. Although Nicky Hilton first appeared on the scene as a version of her sister, Paris, she has even further distanced herself from celebrity culture, preferring to stay out of the public eye and focus on human family life. for the most part.
Content
The Hilton and Rothschild families
Early life
Work
Relationships
Real estate
The Hilton and Rothschild families
Speaking of family life, Nicky Hilton is connected to two of the richest families in the world. Born into the Hilton family as the heir to the 100-year-old hotel empire, Nicky is a descendant of Conrad Hilton, a businessman who started the company with an investment of $ 5,000 back in 1919. Conad gradually expanded his business, buying Waldorf Astoria. in 1949. He also paid $ 111 million in 1954 at another hotel in what was then the largest contract in the history of housing.
Conrad was left by Barron Hilton, Nicky’s grandfather. At his death, Conrad left only $ 500,000 to Barron, though Barron took over the reins of his father’s business. Barron later rebelled against his father’s will, gaining more and more shares in the company. However, when Barron died he also did not leave much in his family, and only 3% of his wealth was divided between eight children and four grandchildren, including Nicky and Paris. Another 97% joined the Conrad N. Hilton Foundation, a non-profit organization. This was in line with Conrad’s ambitions to establish a wealth of the Hilton family.
This means that Nicky and other Hilton generations have actually “missed” the family fortune because it all went to charities. In addition, the Hilton family no longer has power over the Conrad-built company, as it was bought by Blackstone for $ 26 billion in 2007. That being said, the Hilton family is still considered the “elite” social group in America. .
Through her marriage, Nicky Hilton is also connected to the Rothschild family. Nicky’s husband is James Rothschild, Baron’s third grandson of Rothschild, Victor. The Rothschild family is a wealthy Jewish family of German descent. After Mayer Amschel Rothschild founded the international banking network in the 1700’s, the Rothschilds were promoted to a position of prominence.
Although the Rothschilds are often covered in secrecy (especially in relation to a certain level of their wealth), it is generally agreed that they had the greatest private fortune in the world during the 19th century. Although their wealth declined slightly during the 20th century and beyond, they are still involved in financial services, banking, mining, agriculture, wine making, and other lucrative industries. Today, the combined value of the Rothschild family is estimated at $ 400 billion, with some estimates reaching as high as $ 1 trillion.
Early life
Nicolai Olivia Hilton was born on October 5th, 1983 in New York City. His parents are Kathy Hilton and Richard Hilton. Named after her grandfather Conrad Nicholas Hilton Jr., Nicky grew up in a Roman Catholic family with her two younger brothers and Paris Hilton, her older sister. She graduated from an all-female Catholic school in the Upper East Side before studying at the Fashion Institute of Technology and Parsons.
Work
Nicky Hilton began her career as a fashion designer in 2004 with her clothing line. He then designed Samantha Thavasa’s bags before starting another line called Nicolai. In 2010, he introduced the jewelry line.
In 2014, he collaborated with eLuxe to create a collection of ten episodes. That same year, he also published a fashion-related book called 365 Style. In 2015, she designed the capsule collection of Linea Pelle’s handbags and collaborated with Smashbox to create a cosmetic line. From 2017 to 2019, she has collaborated with Tolani in several collections. And in 2019, he teamed up with French Sole to build his first shoe collection.
In addition, Nicky Hilton is a model who has collaborated with brands like Antz Pantz. She also appeared in fashion magazines like Lucire.
Although Nicky collaborated with investors to set up his own hotel franchise, he eventually sued a colleague in federal court after challenging their use of his name. In 2007, Nicky was sued by colleagues for breach of contract.
Relationships
Nicky Hilton’s first marriage was in 2004, and she married her childhood friend Todd Meisner in Las Vegas. Their marriage was dissolved soon after only three months, and they both agreed to get married “by wish”.
In 2011, Nicky Hilton attended socialite Petra Ecclestone’s wedding and met James Rothschild. They soon fell in love, and by 2014 the two were engaged. Their wedding took place in 2015 at Kensington Palace in a detailed, state ceremony. Nicky Hilton arrived at the palace gardens and appeared in Bentley, wearing a $ 77,000 Valentino Haute Couture dress.
Reports say something went wrong when Nicky’s long veil got stuck under a Bentley wheel while she was on her way to Kensington Palace from her hotel. Paris worked as a maid of honor during the ceremony, and later described her younger sister’s marriage as a “myth.” In 2016, Nicky and James Rothschild adopted their first child in the world. In 2017, they had their second child.
Real estate
In 2013, it was reported that Nicky Hilton had sold an apartment in Hollywood Hills for $ 2,625 million. He originally bought a property in 2007 for between $ 2.8 and $ 3 million, so he lost a lot of his initial investment.
