Paris Hilton’s Net Worth
Nowadays if you say Hilton, it is almost inevitable for you no to say Paris Hilton. Admired by some, reviled by others, Paris is the controversial blonde heiress, a modern Marie Antoinette by the way she loves luxury and defies the reality around her. She is today the image of a successful American dynasty, although she may not exactly fit the traditional patterns of those who are part of high society.
She did not study at Harvard, Yale, or Brown, and she did not pass the threshold of the Astor school of good manners, but she bears the name of Hilton, a name with a rich history and fame to match. It’s amazing how just a name can bring you so much power, wealth and recognition and it’s also amazing how you can detach yourself from its greatness, turning it into a brand as Paris did.
What is Paris Hilton’s net worth?
Paris Hilton is a model, an actress, an occasional DJ, chihuahua loving owner, a mediocre singer, a (first) reality star, a fashion designer, a businesswoman, and a socialite. She has a net worth of $300 million at the time this article is written. However, she says she won’t stop until she hits the $1 billion mark. In a documentary posted on YouTube, Paris confessed that she hasn’t had a vacation since she was 15. She travels 250 days a year, but every time for professional purposes.
Inheritance from her grandfather
Barron Hilton, the grandfather of the famous Paris Hilton, and the owner of the hotel empire of the same name died in 2019. Of his fortune of $4.5 billion, he left the family only 3%. The heirs of the Hilton family are 8 children, 15 grandchildren, including Paris and Nicky Hilton, and 4 great-grandchildren, who would share $135 million. This would be around $5.6 million for each family member. The bulk of the fortune, namely 97% of it, will go to a foundation that deals with humanitarian projects.
Paris’s grandfather, Barron Hilton, apparently learned the same lesson from his father, Conrad Hilton, who, upon his death in 1979, left nothing in his will to his children or other descendants.
Except that Barron Hilton challenged that decision and won in 1988. He went on to multiply the numbers by many zeroes of the fortune, and Paris Hilton would go on to inherit several hundred million dollars. At least that was to be expected.
Born on February 17, 1981, in New York, Paris is one of the 4 children of Richard and Kathy Hilton. The star has a younger sister, Nicky Hilton, as well as 2 brothers, Barron Hilton II and Conrad Hilton III. Grandparents are Barron Hilton and Marilyn Hawley.
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Paris started her modeling career in childhood. At 19, she got a contract with Donald Trump’s fashion agency. Hilton has worked with agencies such as Models 1 Agency, Ford Models, Premier Model Management, and Nos Model Management. She appeared in various advertising campaigns for GUESS, Iceberg Vodka, Christian Dior, Marciano, and Tommy Hilfiger.
The star got a role in the series The Simple Life, which premiered on December 2, 2003. The actress debuted in the series alongside Nicole Richie. The show was a huge success for Fox Reality. After the success of the first season, two more followed. The show was canceled following a dispute between Hilton and Richie but was picked up by E! Entertainment Television. A fourth season followed, and in May 2007 the first episode of season 5 was broadcast.
Hilton also appeared in other series such as Veronica Mars, The O.C., Las Vegas, and American Dreams. Moreover, she also appeared in several videos, such as Just Lose It (Eminem) and It Girl (John Oates).
The actress also appeared in several films, the most notable being Nine Lives, Zoolander House of Wax, and Raising Helen.
In June 2004, her life changed forever after her ex-boyfriend, Rick Salomon, sold an adult tape of the two of them to adult websites. He would have received millions of dollars in return. Paris sued Rick and it was reported that she received $400,000 for that video.
In the fall of 2004, Hilton released an autobiographical book, titled Confessions of an Heiress: A Tongue-in-Chic Peek Behind the Pose. The critics appreciated the book as a work written by an amateur. However, it became a bestseller.
In 2004, the star founded Heiress Records, a sub-division of Warner Bros. Records.
She released her debut album, Paris, on August 22, 2006. Although the album reached number 6 on the Billboard 200, sales were below expectations. The first single released, Stars Are Blind, reached 18th place on the Billboard Hot 100. Turn It Up and Nothing in This World received the status of world hits.
Hilton launched several nightclubs, called Club Paris. The first was opened in Orlando, Florida, and was a huge success. A second club followed in Jacksonville Florida. According to Forbes Magazine, the artist earned approximately $2 million in 2003-2004, $6 million in 2004-2005, and $7 million in 2005-2006.
Paris also got involved in the field of design, launching a range of handbags, as well as a jewelry collection. In 2004, she launched Parflux Fragrances. The launch increased Parlux’s sales by approximately 50%.
After six marriage proposals, the heiress of the Hilton empire found her chosen one. Carter Reum is the one who took the 40-year-old star to the altar in November 2021. She wanted a fairytale wedding that would last three days and three nights, which ended up costing several million dollars. The American star impressed with her outfits, created especially for this special event. The wedding dress bore the signature of Oscar de la Renta, one of the most fashionable designers.
Paris Hilton bought a house in the LA suburb of Sherman Oaks for $5.9 million in 2007. Before that, she owned a house in Beverly Hills, which was worth $6.2 million.
In 2014 she purchased a $4.9 million penthouse in Manhattan.
In 2021 Paris Hilton together with Carter Reum bought a house in Malibu for $8.4 million.
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