The Son of the Man who Saved the Beverly Hilton
Once upon a time, long ago in 1987, Barron Hilton sold off his Beverly Hilton Hotel , which he inherited from his father Conrad Hilton, to entertainment industry honcho Merv Griffin.
Griffin didn't do too much for the hotel, allowing it to become slowly become an eyesore, until 2003 when Merv sold the property to computer industry entrepreneur, Beny Alagem, the co-founder of Packard Bell Electronics.
Since buying the property for a reported $130 million dollars, Alagem has sunk some much needed investment-- to the tune of $80mil-- into the hotel to give it the technological and decorative renovations it desperately needed. Thus restoring the Beverly Hilton to its once legendary status.
Alagem's efforts have even included installing new resource-saving water closets in each of the hotel's 570 guestrooms and throughout the entire property, saving more than a surface acre of water this year alone. Indeed, he was recognized by the Metropolitan Water District of Southern California's Save Water, Save-a-Buck program for the hotel's exemplary achievements in water conservation.
So it's only fitting that Nicky Hilton should be hanging out with Alagem's son, Jon, as a thank you for giving her family hotel its luster again.
Watch out E, looks like you have a bit of competition.