In this episode of The New 1% Podcast, Timmy Douglas explores how the Hilton family, with their $6.9 billion endowment, addresses homelessness in Los Angeles County. Here's a concise breakdown:
Reel: Timmy introduces the Hilton family's commitment to tackling homelessness, rooted in Conrad Hilton's will and the principle of "Love one another."
Segment 1 - Hilton Foundation's Approach: Timmy outlines the four methods the Hilton family employs to combat homelessness, emphasizing their substantial annual contributions of $435 million in 2022.
Podcast - Segment 2 - Hilton's Wealth Building Journey: Timmy shares insights into how the Hiltons built their wealth, including starting with a single hotel and scaling through strategic acquisitions.
Podcast - Segment 3 - Joining the Impact: Timmy offers actionable advice for those looking to make a difference and create wealth, encouraging them to find unique opportunities, get creative in negotiations, prioritize cash flow, take calculated risks, and build teams for scalability.
This episode highlights the Hilton family's philanthropic legacy and offers valuable lessons for those seeking to create impact and wealth in their own endeavors.
Join The New 1% soft launch team at workwithtimmydouglas.com
This is for the people looking to buy a business at some point, but not in the next 12 months.
The impact here is in spreading the word until you can commit to doing the work
Get a FREE Community Investing Course that will set you up to reap the rewards without doing the work by leveraging people and technology.
If you’re looking to buy a business in the next 12 months, DM me and join the hard core launch team, limited to 100 people! Here you’ll get the following for FREE
access to a list of Private money partners for buying businesses that I’m building
a due diligence checklist
a community of people committed to buying businesses
essential contacts in major cities for due diligence.
MLWM Market Executive
1moI was honored and grateful for the opportunity to be interviewed by Pete Codella and share the commitment Bank of America has to residents of Utah, our employees, and shareholders. Bank of America is committed to making financial lives better for our clients and our communities through the power of every connection.