Paris Hilton Net Worth

Paris Hilton Net Worth
Paris Hilton's Net Worth
  • As of 2022, She has a Net Worth of $ 300 Million Dollars. 
  • In August 2021, Paris and Carter Reum paid $8.4 million for an oceanfront property in Malibu.

What is Paris Hilton’s Net Worth? (Updated 2022) 

Paris Hilton is a socialite, model, actress, and entrepreneur from New York. She has a net worth of $300 million dollars as of this writing. Paris Hilton is the great-granddaughter of Conrad Hilton, the founder of the Hilton Hotel business, although she has made her own money through a highly lucrative endorsement and product empire that is especially popular in the United Kingdom. Her licensing business now comprises retail locations all over the world selling Paris-branded apparel, handbags, perfumes, and other items. She has endorsed 17 fragrances totaling more than $2 billion in gross revenue. In fact, her fragrance royalties account for the vast majority of Paris’ net worth. She will most likely receive a 20-30% cut of the profits.

Net Worth:$300 Million
Date of Birth:Feb 17, 1981 (41 years old)
Place of Birth:New York City
Gender:Female
Height:5 ft 8 in (1.73 m)
Profession:Entrepreneur, Model, Singer, Businessperson, Author, Actor, Fashion designer, Television producer, Screenwriter, Disc jockey
Nationality:United States of America

Costing Her Family Billions

Barron Hilton, Paris Hilton’s grandfather, was reportedly so embarrassed by his granddaughter’s pranks that he changed the provisions of his will in 2007 to donate 97% of his $4.5 billion wealth to charity rather than his family. So, instead of a few dozen people inheriting $4.5 billion, $190 million per person, the same people split 3% of $4.5 billion. That amounts to $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 oldest of four children, one of which is socialite Nicky Hilton. Conrad Hilton, the founder of Hilton Hotels, was her great-grandpa (on her father’s side). The family moved about a lot, spending time at Manhattan’s Waldorf-Astoria Hotel, the Hamptons, and Beverly Hills. Therefore, She grew up in a social environment that included Ivanka Trump, Nicole Richie, and Kim Kardashian. Michael Jackson’s family was good friends with him, and they were frequently invited to his concerts. When she was 15, she attended the Professional Children’s School and then the Provo Canyon School for a year.  She later earned a GED.

Modeling

Hilton began modeling while in elementary school and was later signed to T Management. She has posed for a variety of commercials, including work for leading agencies such as Ford Models and brands such as Guess, Christian Dior, and Marciano, among others. She was still modeling and courting media attention in 2001 for her wild lifestyle and high-profile flings with actors such as Leonardo DiCaprio. In 2001, she was dubbed “New York’s Leading IT Girl.” Besides this, Paris has modeled throughout her entire life, most recently for Kanye West’s Yeezy 6 Collection in January 2018 and Phillip Plein’s Plein Sport campaign in February 2019.

Paris Hilton at Golden Globes award function (Source: Getty Images)

Sex Tape and The Simple Life

An illicit sex tape involving Paris and her then-boyfriend Rick Salomon appeared on the internet in November 2003. In April 2004, Salomon marketed and disseminated the movie himself under the title “1 Night in Paris,” making millions as Paris initiated a lawsuit. The issue was settled out of court, and Hilton reportedly collected $400,000 from the footage.

Hilton’s first reality television show debuted three weeks following the release of the shocking footage. She had collaborated with childhood friend Nicole Richie on “The Simple Life,” a reality show in which two socialites try to make it in the “real world” by working blue-collar jobs and performing menial duties like milking cows. The sex tape scandal threatened to end the show before it even began, alienating viewers, but the show went on to become a huge success.

Because of the sex tape and her new reality show, she was invited by Guess to feature in three worldwide advertisements, and she made a guest appearance on “Saturday Night Live,” where Jimmy Fallon interviewed her about the Salomon tape incident in a lighthearted manner. “The Simple Life” ran for five seasons, garnering high ratings and plaudits for its wit and self-awareness. Because of the show’s success, Hilton became a pivotal figure in the early popularity of reality television. Over the years, Paris has dabbled in guest appearances on various programs and minor film roles.

Other Ventures

Hilton co-wrote “Confessions of an Heiress: A Tongue-in-Cheek Peek Behind the Pose” with novelist Merle Ginsberg in 2004. Despite being blasted by critics, the book made it to the New York Times best-seller list. She was also launching her own perfume brand and a nightclub business at the same time. By the end of 2005, she had started working on her own jewelry line and had also published another book, “Your Heiress Diary: Confess It All To Me.” Hilton established her own record label and released her first self-titled album in 2006. She began DJing in the early 2010s, and by 2014, she had established herself as the highest-paid female DJ, according to Time Magazine.

Personal and Media Presence

Much of the media focus on Hilton has been on her image as a party girl heiress, as well as cliches of “dumb blond,” “valley girl,” and artificiality. She was known for her one-liners, such as “that’s hot,” which became famous in pop culture. It’s a meticulously created act or “brand,” and it became an issue in her career when she sought to be respected as a businessperson. Her “heyday” is reported to have occurred between 2003 and 2009. According to the Huffington Post, 2007 marked the beginning of the end of her tabloid reign. In the age of social media, Hilton has amassed millions of followers on platforms such as Twitter and Instagram.

Engagement rings
Paris Latsis proposed Paris Hilton (Source: Zimbio)

Private Life

In September 2006, Hilton was arrested and sentenced to probation for driving under the influence of alcohol. A few months later, she was back in court for violating her probation by driving with a suspended license. She was first sentenced to 45 days in prison, but this was later reduced to 23 days. She arrived at the jail on the evening of June 3, 2007, fresh following an appearance at the 2007 MTV Movie Awards. Moreover, Hilton was released after only three days for unspecified health reasons (many sources reported she was suffering from extreme anxiety and panic attacks), but she was eventually summoned back to court and ordered to serve the remainder of her sentence.

Throughout her career as a socialite, Paris has been spotted with numerous prominent celebrities and musicians. From 2002 to 2003, Paris was engaged to model Jason Shaw. She was also engaged to Greek shipping heir Paris Latsis, but they called it off after only four months. She married actor Chris Zylka (who proposed with a $2 million ring) in January 2018, however, the marriage dissolved in November 2018.

Paris has recently been in a relationship with venture capitalist Carter Reum.

Real Estate

Paris paid $5.9 million for a property in the Los Angeles suburb of Sherman Oaks in 2007. This is the house where the so-called “Bling Ring” broke in. She formerly had a $6.2 million Beverly Hills property as well as a residence in Hollywood Hills.

Paris paid $4.9 million for a penthouse in downtown Manhattan in 2014.

Paris and Carter Reum paid $8.4 million for an oceanfront property in Malibu in August 2021.