Rick is the grandson of Hilton Hotels founder Conrad Hilton. He followed in the family's footsteps and studied hotel and restaurant management at the University of Denver.
Post-graduation, he got involved in the real estate industry and worked for Eastdil Secured.
He launched his own real estate company called Hilton Realty Investment in 1984, which focused on commercial real estate.
In 1993, Rick and Jeffrey Hyland launched their new joint company Hilton & Hyland Real Estate Inc.
In 2024, Rick kicked off his new company called Hilton Hilton, and his son Barron Hilton II, born in 1989, as well as his daughter-in-law Tessa, are both co-chief executives in the lucrative family business.
Rick married Kathy Hilton in 1979 and they welcomed four children together, including Paris, born in 1981, Nicky Hilton Rothschild, born in 1983, Barron, and Conrad Hilton, born in 1994.
For Rick's 70th birthday last year, Paris shared a heartwarming social media post expressing just how much her father serves both a professional and personal inspiration for her.
She wrote: "Happy 70th Birthday Rick Hilton. Dad, you've always called me your star and you've been the one who's made me shine. Your love, guidance and unwavering belief in me have shaped every part of who I am."
Paris continued: "Thank you for being the most amazing grandfather to my children, for the endless love and happiness you give them and for showing me what a beautiful, lasting relationship looks like through your marriage to mom Kathy Hilton. I'm forever grateful for every hug, every laugh, every lesson, and every precious moment we've shared. Love you forever, Dad."
The Whale star welcomed Griffin Arthur Fraser, born in 2022, Holden Fletcher Fraser, born in 2004, and Leland Francis Fraser, born in 2006, with his ex-wife Afton Smith