Paris Hilton Net Worth (Money & Salary)

What Is Paris Hilton’s Net Worth?

With a net worth of $300 million, Paris Hilton is recognized as an American heiress, socialite, model, actress, and entrepreneur. She is the great-granddaughter of Conrad Hilton, who established the Hilton Hotel chain. However, Paris has substantially built her own wealth through a valuable endorsement and product empire that enjoys significant fame internationally. Currently, her licensing business encompasses retail outlets worldwide, offering Paris-branded clothing, handbags, perfumes, and other items. To this date, she has promoted 17 fragrances, which have collectively brought in over $2 billion in gross revenue. The bigger part of Paris’ net worth can be traced back to her fragrance royalties, from which she likely receives between 20-30% of profits generated by her product line.

Costing Her Family Billions

Reportedly, Paris Hilton’s grandfather Barron was so embarrassed by his granddaughters’ behavior that in 2007, he altered his will, reallocating 97% of his $4.5 billion fortune to charitable organizations instead of his family. Consequently, rather than around two dozen relatives each receiving roughly $190 million from the inheritance, they ended up sharing only 3% of the total, which amounts to $135 million, translating to approximately $5.6 million per person.

Early Life

Paris Whitney Hilton was born on February 17, 1981, in New York City. She is the daughter of Kathy Hilton, a former actress and socialite, and Richard Hilton, a businessman. As the eldest of four siblings, she includes well-known socialite Nicky Hilton amongst them. Conrad Hilton, the founder of Hilton Hotels, was her great-grandfather (on her father’s side). The family frequently relocated between a suite in the Waldorf-Astoria Hotel in Manhattan, the Hamptons, and Beverly Hills. In her youth, Paris mingled with a social circle that included peers like Ivanka Trump, Nicole Richie, and Kim Kardashian, and the family maintained a close friendship with Michael Jackson, often attending his performances. At age 15, she enrolled in the Professional Children’s School and spent a subsequent year at Provo Canyon School, designed for emotionally troubled adolescents, before earning her GED.

Modeling

Beginning her modeling career in elementary school, Paris Hilton subsequently signed with T Management. She participated in various advertising campaigns, collaborating with prestigious agencies, including Ford Models, and brands such as Guess, Christian Dior, and Marciano, among others. By 2001, she was still modeling while attracting media attention due to her vibrant lifestyle and prominent flings with actors like Leonardo DiCaprio. That same year, she earned the title of New York’s Leading IT Girl. Continuing to model into her adulthood, she featured in Kanye West’s Yeezy 6 Collection in January 2018 and participated in Phillip Plein’s Plein Sport campaign in February 2019.

Sex Tape and The Simple Life

In November 2003, a non-consensual sex tape involving Paris and her then-boyfriend Rick Salomon became available online. Salomon subsequently marketed and distributed the video himself under the title “1 Night in Paris” in April 2004, amassing millions while Paris pursued a lawsuit. The matter was resolved out of court, with reports indicating Hilton received $400,000 from the tape.

Three

Weeks following the release of the scandalous video, the debut of Hilton’s first reality television show occurred. Partnering with childhood friend Nicole Richie, she launched “The Simple Life,” which showcased two socialites navigating the “real world” by taking on blue-collar jobs and engaging in menial tasks like milking cows. Concerns arose that the sex tape scandal could derail the show before it even launched, potentially alienating viewers, yet it ultimately became a significant success. With fame from both the sex tape and her new reality series, new opportunities began to emerge: Paris was invited by Guess to feature in three international campaigns, and she made a guest appearance on “Saturday Night Live,” where Jimmy Fallon conducted a lighthearted interview about the Salomon tape scandal. “The Simple Life” enjoyed five seasons of strong ratings and was lauded for its humor and self-awareness. The show’s popularity positioned Hilton as a prominent figure in the early rise of reality TV. Over the years, Hilton has made guest appearances on various shows and taken on small film roles, including projects like “The World According to Paris,” “Hollywood Love Story,” “This Is Paris,” and more recently “Cooking with Paris” and “Paris in Love.”

Other Ventures

In 2004, Hilton collaborated with author Merle Ginsberg to write “Confessions of an Heiress: A Tongue-in-Cheek Peek Behind the Pose.” Despite facing criticism, the book managed to reach the “New York Times” best-seller list. Concurrently, she embarked on launching her own perfume line along with a nightclub franchise. Towards the close of 2005, she began creating her own jewelry line and released another book titled “Your Heiress Diary: Confess It All To Me.” In 2006, she unveiled her record label and released her debut self-titled album. The early 2010s saw her venture into DJing, and by 2014, “Time” magazine recognized Paris as the highest-paid female DJ.

Additionally, Hilton launched a tracksuit line, partnered with Quay Australia to create a sunglasses collection, and joined the cast of the YouTube animated web series “Rainbow High” in 2022. In 2023, she published “Paris: The Memoir” and hosts the “I am Paris” podcast on iHeartRadio.

Persona and Media Presence

The media spotlight on Hilton has largely focused on her persona as a party girl heiress and the stereotypes associated with being a “dumb blond,” “valley girl,” and artificiality. She frequently delivered one-liners that became iconic in pop culture, including her signature phrase, “That’s hot.” This image has been described as a meticulously constructed act or “brand,” creating challenges in her career when she sought respect as a business professional. The period from 2003 to 2009 has been referred to as her “heyday.” “The Huffington Post” proclaimed that 2007 marked the decline of her tabloid prominence. In the age of social media, Hilton has carved out a notable presence on platforms such as Twitter and Instagram, amassing millions of followers.

Personal Life

In September 2006, Hilton was arrested and subsequently placed on probation for driving under the influence of alcohol. A few months later, she found herself back in court once more.

later, she violated her probation by operating a vehicle with a suspended license. Initially sentenced to 45 days in jail, her term was ultimately reduced to 23 days. On the night of June 3, 2007, she reported to jail after attending the MTV Movie Awards. Due to unspecified health issues—many sources indicated extreme anxiety and panic attacks—she was released early after serving only three days, but she was later ordered back to court to complete her sentence in jail.

Throughout her socialite years, Paris has been seen with numerous well-known actors and musicians. From 2002 to 2003, Hilton was engaged to model Jason Shaw. Additionally, she was engaged to Greek shipping heir Paris Latsis, but after just four months, the engagement was called off. In January 2018, she became engaged to actor Chris Zylka, who proposed with a ring valued at $2 million; however, their engagement ended in November 2018.

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

Real Estate

In 2007, Paris purchased a residence for $5.9 million in a gated and guarded community in Sherman Oaks, a suburb of Los Angeles. This property was famously burglarized by the “Bling Ring.” Previously, she owned a $6.2 million residence in Beverly Hills as well as another home located in the Hollywood Hills.

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

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