Traditional Culture Encyclopedia - Hotel reservation - Who knows the family history of Donald Hilton, the founder of Hilton Hotel?
Who knows the family history of Donald Hilton, the founder of Hilton Hotel?
He originally came from a wealthy family, but the American economic crisis left him penniless. He traded an apple for 5000 dollars (not to mention the short story in the middle). He bought a small hotel with $5,000. After earning $50,000, he asked a friend to accept100,000. He originally signed a land purchase agreement with old Demick, but after paying $300,000, he said he wanted to rent the land because there was not enough money! He said to old Demick, I have rented your land for 90 years at an annual rent of $30,000. Old Demick heard that the profit was much more than the previous 300 thousand, so he answered, and the land ownership was still his! Later, he told old Demick that he wanted to use the house as a mortgage. Old Demick had no other choice but to agree. He replaced 300 thousand from the bank and found a rich man to cooperate, and the rich man invested another 200 thousand, which was 570 thousand When the funds were not enough, he started construction and he got half of the money. He went to old Demick and said a lot. Old Demick felt completely trapped. If he doesn't continue this project, he may not get a dime back. If it is finished, he won't lose money, but he will still make a lot of money. Finally, he took out a huge sum of money to continue the construction until it was completed. it's over
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