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.”
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.”
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.”
However, Umansky shared in the sneak peek that Rick allegedly…
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