Conrad Hilton

Conrad Nicholson Hilton was an American hotel magnate and politician who founded the Hilton Hotels chain. From 1912 to 1916, Hilton was a Republican representative in the first New Mexico Legislature, but became disillusioned with the "inside deals" of politics. In 1919, he purchased his first hotel, the Mobley Hotel in Cisco, Texas, for US$40,000 and subsequently capitalized on the oil boom. The rooms were rented out in eight-hour shifts. He continued to purchase and sell hotels, and eventually established the world's first international hotel chain. When he died in 1979, he left the bulk of his estate to the Conrad N. Hilton Foundation.