Paris Hilton Net Worth (Money & Salary)

What Is Paris Hilton’s Net Worth?

With a net worth of $300 million, Paris Hilton is known as an American heiress, socialite, model, actress, and entrepreneur. The great-granddaughter of Conrad Hilton, founder of the Hilton Hotel chain, she has built her own wealth through a successful endorsement and product empire, particularly flourishing internationally. Her licensing empire now features retail locations worldwide that sell a variety of Paris-branded products, including clothing, handbags, and perfumes. To this day, she has endorsed 17 fragrances that have collectively brought in over $2 billion in gross revenue. Most of her wealth can be linked to fragrance royalties, with Paris likely receiving a 20-30% share of the profits generated by the line.

Costing Her Family Billions

Reportedly, Paris Hilton’s grandfather Barron was so embarrassed by his granddaughter’s behavior that he modified his will in 2007, directing 97% of his $4.5 billion fortune to charity instead of his family. As a result, rather than approximately two dozen people inheriting $4.5 billion, which would have equated to $190 million each, those same individuals ended up sharing just 3% of that amount. This resulted in a total of $135 million, translating to roughly $5.6 million per person.

Early Life

Born Paris Whitney Hilton on February 17, 1981, in New York City, she is the daughter of former actress and socialite Kathy Hilton and businessman Richard Hilton. The eldest among four children, she includes prominent socialite Nicky Hilton in her family. Her great-grandfather was Conrad Hilton, the founder of Hilton Hotels. During her childhood, the family frequently moved, dividing their time among a suite in the Waldorf-Astoria Hotel in Manhattan, the Hamptons, and Beverly Hills. Paris mingled with a social group that included peers like Ivanka Trump, Nicole Richie, and Kim Kardashian. The family enjoyed a close friendship with Michael Jackson, often receiving invitations to his performances. At the age of 15, she attended the Professional Children’s School and subsequently spent a year at the Provo Canyon School for emotionally troubled youth before earning her GED.

Modeling

Beginning her modeling career in elementary school, Paris Hilton was soon signed by T Management. She modeled for various advertising campaigns, collaborating with leading agencies like Ford Models and brands such as Guess, Christian Dior, and Marciano, among others. By 2001, Paris was still active in modeling while also attracting media attention for her adventurous lifestyle and high-profile relationships with actors like Leonardo DiCaprio. In that year, she earned the nickname New York’s Leading IT Girl. Throughout her adult life, she has continued to model; in January 2018, she participated in Kanye West’s Yeezy 6 Collection, and in February 2019, she was part of Phillip Plein’s Plein Sport campaign.

Sex Tape and The Simple Life

In November 2003, an unauthorized sex tape involving Paris and her then-boyfriend Rick Salomon leaked online. Salomon subsequently promoted and distributed the video himself under the name “1 Night in Paris” in April 2004, profiting millions while Paris pursued legal action. The lawsuit eventually settled out of court, with reports indicating that she received $400,000 from the video.

Three

after that, facing charges again for violating her probation. Despite these legal issues, she managed to maintain her public persona and continue her career. In 2007, Hilton spent 23 days in jail for a probation violation related to her DUI charge. This experience drew significant media coverage, yet she emerged from it with her brand intact.

As her life unfolded, Hilton became involved in various philanthropic efforts. She has worked to support causes such as animal rights and education, becoming an advocate for numerous charities. In recent years, she has emphasized the importance of mental health awareness, especially after revealing her own experiences with trauma.

Hilton’s personal relationships have also attracted attention. Her engagement to Chris Zylka in early 2018 drew widespread media coverage, although the couple ultimately called it off later that year. In 2021, she wed venture capitalist Carter Reum in a lavish ceremony that garnered extensive media coverage and showcased her love for celebrations.

Overall, Hilton’s life reflects both the intricacies of fame and the challenges that come with being an influential figure in the public eye. Her journey highlights a blend of business savvy and the ongoing evolution of her personal and professional identity.Later, after violating her probation by driving with a suspended license, she received a sentence of 45 days in jail, which was ultimately reduced to 23 days. On the evening of June 3, 2007, she reported to jail following an appearance at the MTV Movie Awards. Due to unspecified health reasons (many reports indicated she was experiencing severe anxiety and panic attacks), she was released early after serving only three days but was eventually called back to court to complete her remaining time in jail.

Throughout her socialite life, Paris has been seen with numerous famous actors and musicians. Between 2002 and 2003, Hilton was engaged to model Jason Shaw. Moreover, she became engaged to Greek shipping heir Paris Latsis but ended the engagement after a mere four months. In January 2018, she got engaged to actor Chris Zylka, who proposed with a ring valued at $2 million; however, the engagement concluded in November 2018.

In December 2019, Paris began a relationship with venture capitalist Carter Reum. They became engaged in February 2021 and tied the knot in November of that same year. In January 2023, they proudly announced the arrival of their son, born via surrogacy. Later, in November 2023, they welcomed a daughter through surrogacy.

Real Estate

In 2007, Paris purchased a property in a guarded gated community located in the LA suburb of Sherman Oaks for $5.9 million. This residence was notably targeted by the infamous “Bling Ring.” Previously, she owned another home in Beverly Hills worth $6.2 million and a residence in the Hollywood Hills.

In 2014, she acquired a penthouse in downtown Manhattan for $4.9 million.

In August 2021, Paris, along with Carter Reum, invested $8.4 million in an oceanfront property in Malibu. In February 2023, reports indicated that Hilton and Reum had moved into a Beverly Park mansion, which was previously listed as a rental for $160,000 per month.