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===Hilton family fortune=== In 1969, James C. Taylor presented plans to build a hospitality college on the campus of the [[University of Houston]] to Barron Hilton. Barron then presented the plans to his father, who donated US$1.5 million (equivalent to ${{Format price|{{Inflation|US-GDP|1500000|1969|r=-5}}}} in {{Inflation/year|US-GDP}}) for the completion of the project. The [[Hilton College of Hotel and Restaurant Management]] opened to students in September 1969.{{citation needed|date=October 2021}} The bulk of Conrad Hilton's estate was left to the [[Conrad N. Hilton Foundation]],{{citation needed|date=August 2022}} which he established in 1944. His son, Barron Hilton, who spent much of his career helping build the Hilton Hotels Corporation, contested the will—despite having left the company as acting president, chief executive officer, and chairman of the board of directors. A settlement was reached, and as a result, Barron Hilton received 4 million shares of the hotel enterprise, the Conrad N. Hilton Foundation received 3.5 million shares, and the remaining 6 million shares were placed in the W. Barron Hilton [[Charitable remainder unitrust|Charitable Remainder Unitrust]].{{Citation needed|date=August 2022}} Upon Barron Hilton's death, Unitrust assets were transferred to the Hilton Foundation,<ref>{{Cite web|url=https://www.hiltonfoundation.org/news/press-release/conrad-n-hilton-foundation-announces-the-death-of-barron-hilton/|title=Conrad N. Hilton Foundation Announces the Death of Barron Hilton}}</ref> of which Barron previously served on the Board of Directors as chairman.<ref name="PGDC">{{Cite web| title = Barron Hilton to Donate 97% of Estate to Hilton Foundation| date = December 26, 2007| publisher = Planned Giving Design Center, LLC| url = http://www.pgdc.com/pgdc/news-story/2007/12/27/barron-hilton-donate-97-estate-hilton-foundation| access-date = 2011-04-02| archive-date = March 19, 2011| archive-url = https://web.archive.org/web/20110319015235/http://www.pgdc.com/pgdc/news-story/2007/12/27/barron-hilton-donate-97-estate-hilton-foundation| url-status = dead}}</ref> In 1983, the Hilton Foundation donated US$21.3 million (equivalent to ${{Format price|{{Inflation|US-GDP|21300000|1983|r=2}}}} in {{Inflation/year|US-GDP}}) to expand facilities and increase endowment. That gift led to the construction of the South Wing, which opened in 1989, and added {{convert|94000|ft2}} of education and meeting space to Hilton College.{{citation needed|date=October 2021}} On December 25, 2007, Barron Hilton announced that he would leave about 97% of his fortune, then estimated at US$2.36 billion (equivalent to ${{Inflation|US-GDP|2.36|2007|r=1}} billion in {{Inflation/year|US-GDP}}),<ref name="PGDC"/> to a charitable [[unit trust|unitrust]] that would eventually be merged with the Conrad N. Hilton Foundation.<ref name="news.bbc.co.uk">{{cite news| url=http://news.bbc.co.uk/1/hi/business/7161358.stm | work=[[BBC News]] | title=Hilton fortune to go to charity | date=December 27, 2007 | access-date=2010-04-26}}</ref>
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