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Mauricio Umansky calls out brother-in-law Rick Hilton for screwing him over in real estate business

  2024-04-07 pagesixEileen Reslen39850
Introduction

Mauricio Umansky reflects on his fallout with brother-in-law Rick Hilton over not being made partner at the latter’s fir

Mauricio Umansky calls out brother-in-law Rick Hilton for screwing him over in real estate business

Mauricio Umansky reflects on his fallout with brother-in-law Rick Hilton over not being made partner at the latter’s firm and the years-long family feud that ensued on the upcoming season of “Buying Beverly Hills.”

“I think I got kind of f–ked by Hilton & Hyland,” the real estate mogul said in a sneak peek of his Netflix show released Tuesday.

“And when I say f–ked, you know, like, today I’m happy, but there was a hundred agents at Hilton & Hyland. They did a billion dollars for the first time a year. I was 19.6 percent of their production.”

Mauricio Umansky.
Mauricio Umansky talks on his reality show, “Buying Beverly Hills,” about his controversial exit from his brother-in-law’s real estate firm. Netflix
Mauricio Umansky and Rick Hilton.
Umansky worked for Rick Hilton when he first got his start in real estate. Getty Images for Elton John AIDS Foundation

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Umansky, 53, said because of the success he brought to his brother-in-law’s business, he thought he would be compensated by being made partner.

“I went to Rick and I said, ‘I’d really like equity, right, and to be a partner,” he explained during a discussion with his pals and colleagues.

After Hilton, 68, spoke with his co-founder Jeff Hyland, Umansky was told “no.”

Rick Hilton, Kathy Hilton, Kyle Richards and Mauricio Umansky.
Umansky — seen here with Hilton, sister-in-law Kathy Hilton and wife Kyle Richards — wanted to be made partner. Patrick McMullan via Getty Images
Kathy Hilton and Kyle Richards.
Richards is Kathy’s younger sister and Rick’s sister-in-law. Getty Images

The father of three wanted to leave Hilton & Hyland to form his own real estate company, but first spoke to his now-estranged wife, Kyle Richards, about the decision because he foresaw that it might cause strain within the family.

“‘This is really going to cause a lot of stress between you, your sister and your family, and I don’t want to do this move of leaving and starting a company if you’re not comfortable,'” Umansky told his spouse, who is the younger sister of Hilton’s wife, Kathy Hilton.

With Richards’ approval, he created The Agency, which has become a top real estate firm and is the basis of his reality show, “Buying Beverly Hills.”

Mauricio Umansky.
Umansky said he told Richards that his leaving Rick’s company would cause “stress” in their family. Netflix
The Hilton family at an event.
Umansky claimed Richards’ family “stopped speaking” to her after his exit from the firm. Getty Images for Resorts World Las Vegas

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However, Umansky shared in the sneak peek that Rick allegedly was upset that he did not get a “warning” about him leaving the company, which caught the former by surprise.

Umansky said in a confessional interview that his departure “unfortunately” caused his relationship with Rick to “sour” and “it really affected the family.”

“Kyle more than anybody,” he added. “You know, her family stopped speaking to her. But she understood that what was done to me was wrong and she stood by me and, at the end of the day, I needed that.”

Mauricio Umansky and Kyle Richards.
Richards supported Umansky’s decision. mumansky18/Instagram
Kyle Richards and Mauricio Umansky.
Umansky recalled on his show how Richards “stood” by him. Getty Images For dcp

Page Six has reached out to reps for Rick for comment but did not immediately hear back.

Umansky first spoke out about his controversial exit from Hilton & Hyland in his book, “The Dealmaker.”

“[Rick] and Kathy held tremendous anger toward us, which is not the way I choose to live my life,” the real estate broker wrote in his 2023 memoir.

Kathy Hilton and Rick Hilton.
Umansky said Kathy and Rick had “tremendous anger” over his exit. WireImage
Kathy Hilton and Rick Hilton.
Umansky wrote in his memoir that the Hiltons’ attitude was “not the way [he chooses] to live [his] life.” rickhilton7/Instagram

“Naturally, Kyle was very hurt by their reaction, and it was a difficult pill for her to swallow.”

Umansky also disclosed in the book that had Hilton and Hyland, 76, “paid [him] what [he] deserved” and “showed [him] an inkling of professional love,” he would have stayed at their firm.

When the tell-all was released last year, Umansky claimed he and his in-laws had worked out their issues.

Kathy Hilton and Kyle Richards.
Umansky wrote in his book that Richards was “hurt” by her family’s response to her husband leaving Hilton & Hyland. Getty Images for Elton John AIDS Foundation
Mauricio Umansky and Kyle Richards.
Umansky and Richards, who have been married since 1996, are now going through a separation. Getty Images for Neuro Brands, LLC

“We got through that,” he told Us Weekly in April 2023. “I just hope that as Rick and the family read my book, they realize that my stories are facts and real, and I’m certainly not throwing anything at them, because I love them more than anything.”

Three months later, it was revealed Umansky and Richards, 55, had separated after 27 years of marriage.

Their split has since played out on her show, “The Real Housewives of Beverly Hills,” and Page Six exclusively reported Tuesday that Umansky was overheard in Aspen, Colo., talking about moving out of their marital home.

(By/Eileen Reslen)
 
 
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