Hilton CEO Who Gut-Checks Jon Gray Is Nearing Billionaire Ranks

  • Chris Nassetta has led the company for more than a decade
  • CEO held onto Hilton stock as shares climbed in recent years
Chris NassettaPhotographer: Stefani Reynolds/CNP/Bloomberg
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Hilton Worldwide Holdings Inc. was a famously good deal for Blackstone Inc., which parlayed its roughly $26 billion purchase into one of the most successful leveraged-buyouts of all time.

The transaction also worked out pretty well for Hilton’s chief executive officer, Christopher Nassetta, who became a billionaire when his company’s shares peaked this year in July and has hovered just below that level since, according to the Bloomberg Billionaires Index, which is valuing his wealth for the first time.