Transcript
Introduction
"As of December 31, 2011, the assets of the Conrad Hilton Foundation were approximately $2 billion, probably more money than Conrad Hilton ever could have imagined making in his lifetime. After all, almost a 100 years ago, he was a man with just $5,000 to his name, all of which he decided to use to purchase the ramshackle Mobley Hotel in Cisco, Texas. If not for the help of his devoted mother and an assortment of friends, he never would have been able to put together the balance of the $40,000 purchase price. From there, his empire grew not only in this country but around the world. His is a true, genuine American success story, or as his son Barron once proudly put it, 'It's definitely one for the record books, and not a day goes by that I don't sit and marvel at what my father did with his life. It is my hope that others are inspired by my father's story'."