Paris Hilton Net Worth (Money & Salary)

What Is Paris Hilton’s Net Worth?

An American heiress, socialite, model, actress, and entrepreneur, Paris Hilton has a net worth estimated at $300 million. She is the great-granddaughter of Conrad Hilton, the founder of the Hilton Hotel chain; however, Paris has built her own wealth through a profitable endorsement and product empire that enjoys significant popularity overseas. Currently, her licensing empire boasts retail outlets worldwide that offer a variety of Paris-branded items, including clothing, handbags, and perfumes. Up to now, she has backed 17 fragrances, which have collectively earned over $2 billion in gross revenue. In fact, the bulk of Paris’ wealth is derived from fragrance royalties, where it’s likely she receives a 20-30% share of the profits generated by the line.

Costing Her Family Billions

In 2007, Paris Hilton’s grandfather Barron is said to have felt such embarrassment over his granddaughters’ behavior that he modified his will to allocate 97% of his $4.5 billion fortune to charity, bypassing his family. Consequently, rather than approximately two dozen people receiving $4.5 billion (around $190 million each), this same group would instead share just 3% of that total. This amounts to only $135 million, roughly $5.6 million per individual.

Early Life

Born Paris Whitney Hilton on February 17, 1981, in New York City, Paris is the child of Kathy Hilton, a former actress and socialite, and Richard Hilton, a businessman. She is the eldest of four children, which includes the well-known socialite Nicky Hilton. Her great-grandfather, Conrad Hilton, founded Hilton Hotels and was on her father’s side of the family. Frequently moving, the family spent time at a suite in the Waldorf-Astoria Hotel in Manhattan, the Hamptons, and Beverly Hills. During her upbringing, Paris mingled with peers such as Ivanka Trump, Nicole Richie, and Kim Kardashian. The family had a close friendship with Michael Jackson and frequently attended his performances. At age 15, she enrolled in the Professional Children’s School and later spent a year at Provo Canyon School, a facility for emotionally troubled youth, before earning her GED.

Modeling

Paris initiated her modeling career while still in elementary school and subsequently joined T Management. She has participated in various advertising campaigns, collaborating with renowned agencies like Ford Models and brands including Guess, Christian Dior, and Marciano, among others. By 2001, she was still in the modeling industry, attracting media attention for her extravagant lifestyle and romantic relationships with stars like Leonardo DiCaprio. In 2001, she earned the title of New York’s Leading IT Girl. Paris has continued modeling throughout her adult life; most notably, in January 2018, she was featured in Kanye West’s Yeezy 6 Collection and later modeled for Phillip Plein’s Plein Sport campaign in February 2019.

Sex Tape and The Simple Life

In November 2003, an unauthorized sex tape involving Paris and her then-boyfriend Rick Salomon appeared online. Salomon took it upon himself to market and distribute the video titled “1 Night in Paris” in April 2004, making millions while Paris pursued legal action. The case was ultimately settled outside of court, with reports indicating that Hilton received $400,000 from the video.

Three

Weeks following the release of the scandalous video, the premiere of Hilton’s first reality television show occurred. Partnering with her childhood friend Nicole Richie, she created “The Simple Life,” a reality series showcasing two socialites attempting to navigate the “real world” through blue-collar jobs and tasks like milking cows. Concerns arose that the sex tape scandal could jeopardize the show’s success even before its debut and could alienate potential viewers; however, the show ultimately achieved remarkable success. As a result of the notoriety from both the scandal and her emerging reality series, numerous opportunities began to arise: Paris was sought out by Guess for appearances in three international campaigns, and she made a guest appearance on “Saturday Night Live,” where Jimmy Fallon lightly interviewed her about the Salomon tape scandal. “The Simple Life” ran for five seasons, garnering strong ratings and acclaim for its humor and self-awareness. The show’s success established Hilton as a prominent figure in the early days of reality TV’s popularity. Over the years, she has made guest appearances on various programs and taken on small film roles, including “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, in collaboration with author Merle Ginsberg, Hilton penned “Confessions of an Heiress: A Tongue-in-Cheek Peek Behind the Pose.” Despite critics slamming the book, it still managed to secure a spot on the “New York Times” best-seller list. Concurrently, she was also launching her own line of perfumes and a nightclub franchise. By late 2005, she had begun designing her own jewelry line and released another book titled “Your Heiress Diary: Confess It All To Me.” In 2006, she launched her record label and released her debut self-titled album. Entering the DJing scene in the early 2010s, Hilton became recognized as the highest-paid female DJ by “Time” magazine in 2014.

In 2022, Hilton introduced a tracksuit line, collaborated with Quay Australia on a sunglasses collection, and joined the cast of the YouTube animated web series “Rainbow High.” She published “Paris: The Memoir” in 2023 and produces the “I am Paris” podcast on iHeartRadio.

Persona and Media Presence

The media spotlight on Hilton has predominantly focused on her party girl heiress persona and the clichés of “dumb blond,” “valley girl,” and superficiality. Frequently, she delivered one-liners that gained notoriety in pop culture, including her signature phrase, “That’s hot.” This persona has been perceived as a meticulously crafted act or “brand,” creating challenges in her career when she sought respect as a businesswoman. The years between 2003 and 2009 are often referred to as her “heyday.” “The Huffington Post” proclaimed 2007 as the commencement of the decline of her tabloid dominance. Amid the rise of social media, Hilton has built a significant presence on platforms like Twitter and Instagram, amassing millions of followers.

Personal Life

In September 2006, Hilton faced arrest and was placed on probation for operating a vehicle under the influence of alcohol. A few months later, she found herself back in court.

Later, she faced probation violations due to driving with a suspended license. Initially sentenced to 45 days in jail, her time was later shortened to 23 days. She entered jail on the evening of June 3, 2007, coming directly from her attendance at the MTV Movie Awards. After serving only three days, she was released early for unspecified health concerns (numerous sources indicated she suffered from severe anxiety and panic attacks); however, she was eventually called back to court to complete her jail time.

Throughout her socialite career, Paris has been linked with numerous well-known actors and musicians. From 2002 to 2003, Hilton was engaged to model Jason Shaw. She also became engaged to Greek shipping heir Paris Latsis, but their engagement was called off after just four months. In January 2018, she became engaged to actor Chris Zylka, who proposed with a $2 million ring, but their engagement ended by 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. They welcomed a daughter through surrogacy in November 2023.

Real Estate

In 2007, Paris acquired a home in a gated community in Sherman Oaks, Los Angeles, for $5.9 million. This residence was notably burglarized by the so-called “Bling Ring.” Prior to that, she owned a Beverly Hills home valued at $6.2 million and another residence in Hollywood Hills.

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

In August 2021, Paris and Carter Reum invested $8.4 million in an oceanfront property located in Malibu. Reports from February 2023 indicated that Hilton and Reum relocated to a Beverly Park mansion, which had previously been listed for rent at $160,000 per month.