What is the Crown Family Holdings?
Yo gamers! Today I‘m dishing epic stats on the Crown family‘s baller portfolio of assets. These tycoons own some serious cash cows across hotels, sports teams, real estate and more. Grab some Doritos and let‘s tackle what exactly makes up their $8.8 billion empire.
The Crown family are mega rich owners of Hilton hotels, the Chicago Bulls, Aspen ski resorts, and a beast real estate portfolio. Their fortune comes from OG patriarch Henry Crown building up industrial giant General Dynamics. His kids now manage the dynasty.
Peep these sick assets under their control:
Hilton Hotels
- Big time shareholder of hotel behemoth Hilton Worldwide Holdings
- Exact stake unknown but estimated to be worth $3.7 billion
- Massive global chain with 18 brands and over 6,800 properties
| Year | Hilton Revenue | Hilton Properties |
|---|---|---|
| 2022 | $7.9 billion | 7,040 |
| 2021 | $5.8 billion | 6,800 |
| 2020 | $4.3 billion | 6,410 |
With travel demand raging back post-pandemic, Hilton pulling in major cash for the Crowns!
Chicago Bulls
These ballers straight up own the iconic Bulls franchise:
- First bought a stake in 1985 for only $9.2 million
- Now estimated to be worth over $3.7 billion
- 6 NBA championship wins during the Jordan era
Total clutch investment! Even with recent struggles they‘re still one of the most legendary basketball squads with crazy brand power.
Aspen Skiing Company
The Crowns know how to vacation in style, owning premier Aspen resorts since way back:
- Fully acquired Aspen Skiing Co in 1993 for $120 million
- 4 epic mountains including world famous Aspen Mountain and Snowmass
- Current valuation likely over $2 billion
They straight up dominate the most lit ski destination for billionaires!
| Mountain | Terrain Acres | Average Snowfall |
|---|---|---|
| Aspen Mountain | 675 acres | 300 inches |
| Snowmass | 3,362 acres | 300 inches |
| Aspen Highlands | 1,028 acres | 300 inches |
| Buttermilk | 470 acres | 250 inches |
- EPIC powder
Real Estate Empire
The Crown real estate portfolio be looking tasty:
- Stakes in New York‘s Rockefeller Center, LA‘s Century City
- Loads of commercial property across the South
- Massive development company called Crown Holdings Group
They be owning mad plazas, offices, apartments and more!
Other Investments
- Loads of General Dynamics stock (look it up nerds!)
- Stakes in consumer goods, tech, healthcare firms
- Crazy art collection worth hundreds of millions
- $175 million superyacht Mine Games for flexin‘
Family Legacy $$
- Fortune started by OG gangster Henry Crown (1896-1990)
- Built material science biz General Dynamics into a beast defense contractor
- Passed billions to children including current patriarch Lester Crown
- 3rd gen heirs like James and Patricia manage dynasty
- Expert money managers at family office Henry Crown and Company
Closing Thoughts
The Crown holdings are straight baller – from legendary sports franchises to world class hotels and resorts to a bunch of other biz.
This fam built an empire off industry and smart investing, now chillin‘ on an $8.8 billion fortune. Not too shabby!
They may not be as hype as Gates or Musk, but the Crowns know how to get that generational wealth. Major props!
Aight, that‘s a wrap on these moguls – drop a comment lettin‘ me know who should be the next billionaire clan I tackle! Deuces.
