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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.

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