Paris Hilton net worth
Split: 14
What is Paris Hilton’s net worth?
Paris Hilton is a New York-born heiress, socialite, model, actress and entrepreneur. At the time of writing, her net worth is $300 million. Paris Hilton is the great-granddaughter of Hilton hotel chain founder Conrad Hilton, but has made her fortune through a lucrative endorsement and product empire that is particularly popular overseas. Today, her licensing empire includes retail stores around the world, selling Parisian-branded clothing, bags, fragrances and more. To date, she has endorsed 17 fragrances, grossing over $2 billion. In fact, most of Paris’ net worth is attributed to her fragrance royalties. She might get a 20-30% profit share.
cost her family billions
Paris Hilton’s grandfather Barron was reportedly so ashamed of his granddaughter’s antics that in 2007 he adjusted the terms of his will to leave 97% of his $4.5 billion fortune to charities instead of his family . So instead of about two dozen people inheriting $4.5 billion, or $190 million each, those people shared 3% of the $4.5 billion. A total of $135 million, or about $5.6 million per person.
early life
Paris Whitney Hilton was born in New York City on February 17, 1981, to former actress and socialite Kathy Hilton and businessman Richard Hilton. She is the eldest of four children, including famed socialite Nicky Hilton. Her great-grandfather (on her father’s side) was Conrad Hilton, who founded Hilton Hotels. The family moved frequently, splitting their time between suites at the Waldorf Astoria Manhattan, the Hamptons and Beverly Hills. Growing up, she ran social circles with peers like Ivanka Trump, Nicole Richie and Kim Kardashian. The family were close friends with Michael Jackson and were often invited to his shows. She attended Professional Children’s School at age 15 and then spent a year at Provo Canyon School for emotionally distressed youth. She later received a GED.
modeling
She started modeling in elementary school before signing with T Management. She has modeled for various advertising campaigns, including working for top agencies such as Ford Models and brands such as Guess, Christian Dior and Marciano. By 2001, she was still modeling and attracting media attention with her wild lifestyle and high-profile associations with actors like Leonardo DiCaprio. In 2001, she was nicknamed New York’s Leading IT Girl. Paris has been modeling throughout her adult life. In January 2018, she modeled for Kanye West’s Yeezy 6 collection, and in February 2019, she modeled for Phillip Plein’s Plein Sport.
Sex Tapes and the Simple Life
In November 2003, an unauthorized sex tape appeared on the Internet. Solomon then marketed the video under the name “Paris Night” in April 2004 and distributed it himself, earning millions of dollars when he filed a lawsuit in Paris. The case was settled out of court, with reports that Hilton received $400,000 from the video.
Three weeks after the scandalous video was released, Hilton’s first reality TV show premiered. She teamed up with childhood friend Nicole Richie on “The Simple Life,” a reality show that featured two socialites trying to fulfill themselves in the “real world” who engage in Blue-collar jobs and performing menial tasks like milking. There were fears that the sex tape scandal would end before the show began and alienate viewers, but the show continued to be a huge success. Thanks to the sex tape and her new reality show fame, new doors opened: Guess approached her to appear at three international events, she made a cameo appearance on “Saturday Night Live,” Jimmy Fallon interviewed her for A good-natured way to talk about the Solomon tape scandal. “The Simple Life” had five seasons of high ratings and was praised for its humor and self-awareness. The show’s fame made Hilton a leading figure in the early popularity of reality TV. Over the years, Paris has dabbled in cameo appearances in various shows and small film roles.
Yann COATSALIOU / AFP
other venture capital
In 2004, Hilton co-authored Confessions of an Heiress: A Tongue Glimpse Behind the Posture with author Merle Ginsberg. The book was slammed by critics, but still made the New York Times bestseller list. At the same time, she also started her own fragrance line and nightclub franchise. In late 2005, she started designing her own jewelry collection and published another book, Diary of Your Heir: Confess to Me. In 2006, Hilton launched her own record label and released her first self-titled album. She entered the DJ world in the early 2010s, and in 2014, according to Time magazine, Hilton had become the highest-paid female DJ.
Character and Media Presence
Much of the media attention around Hilton has focused on her image of the party girl heir, as well as stereotypes of “dumb blonde,” “valley girl,” and contrived. She often utters one-sentence lines that are notorious in pop culture, such as “That’s hot,” which is her signature line. It was an image of what was said to be a carefully crafted act or “brand” that became an issue in her career when she needed to be respected as a businessman. 2003-2009 is said to be her “heyday”. The Huffington Post declared 2007 the beginning of the end of her tabloid reign. In the age of social media, Hilton built its own platforms like Twitter and Instagram with millions of followers.
personal life
Hilton was arrested and sentenced to probation in September 2006 for DUI. A few months later, she reappeared in court with her driver’s license suspended for violating her probation. She was sentenced to 45 days in prison, which was later reduced to 23 days. She reported to the prison on the evening of June 3, 2007, straight from the 2007 MTV Movie Awards. She was released early after serving just 3 days for unspecified health reasons (many sources say she suffers from extreme anxiety and panic attacks), but was eventually summoned back to court and ordered to spend the rest of her time in prison .
Throughout her career as a socialite, Paris has been paired with and discovered many famous actors and musicians. From 2002 to 3003, Paris was engaged to Jason Shaw. She was also engaged to Greek shipping heir Paris Lazis, but called it off after just four months. In January 2018, she got engaged to actor Chris Zylka (who proposed a $2 million ring), but the engagement ended in November 2018.
Most recently, Paris has a relationship with venture capitalist Carter Reum.
real estate
In 2007, Paris paid $5.9 million for a house in a gated community in the Los Angeles suburb of Sherman Oaks. This is the home stolen from the so-called “Bling Ring”. She previously owned a $6.2 million home in Beverly Hills and a Hollywood Hills home.
In 2014, Paris bought a penthouse in downtown Manhattan for $4.9 million.
In August 2021, Paris and Carter Reum purchased a waterfront property in Malibu for $8.4 million.
