Paris Hilton Net Worth (Money & Salary)

What Is Paris Hilton’s Net Worth?

With a net worth of $300 million, Paris Hilton is an American heiress, socialite, model, actress, and entrepreneur. She is the great-granddaughter of Conrad Hilton, founder of the Hilton Hotel chain, yet she has built her own wealth through a successful endorsement and product empire, especially thriving in international markets. Her licensing business encompasses retail outlets globally that feature Paris-branded clothing, handbags, perfumes, and more. To date, her fragrances have earned over $2 billion in gross revenue from 17 endorsements. Most of Paris’ wealth stems from her fragrance royalties, which typically yield her a 20-30% share of the profits made from these products.

Costing Her Family Billions

Reportedly, Paris Hilton’s grandfather, Barron, was so embarrassed by his granddaughters’ behavior that in 2007, he revised his will to direct 97% of his $4.5 billion fortune to charity rather than to his family. This change meant that instead of approximately two dozen heirs receiving $4.5 billion—around $190 million each—those same individuals only shared 3% of that total fortune. This led to a total inheritance of $135 million, translating to approximately $5.6 million per beneficiary.

Early Life

Born Paris Whitney Hilton on February 17, 1981, in New York City, she is the daughter of businessman Richard Hilton and former actress and socialite Kathy Hilton. As the oldest of four siblings, which includes the prominent socialite Nicky Hilton, she descends from Conrad Hilton, the founder of Hilton Hotels, on her father’s side. The family frequently relocated, spending time between a suite in Manhattan’s Waldorf-Astoria Hotel, the Hamptons, and Beverly Hills. During her upbringing, Paris socialized with peers like Ivanka Trump, Nicole Richie, and Kim Kardashian and maintained a close friendship with Michael Jackson, often attending his performances. At age 15, she enrolled in the Professional Children’s School and later attended Provo Canyon School for emotionally troubled youth, where she earned a GED afterward.

Modeling

Starting her modeling career in elementary school, Paris Hilton was signed by T Management. Throughout her career, she has participated in numerous advertising campaigns, collaborating with leading agencies such as Ford Models and renowned brands like Guess, Christian Dior, and Marciano. By 2001, she was still modeling while garnering media attention for her extravagant lifestyle and romantic relationships with celebrities like Leonardo DiCaprio, earning her the title of New York’s Leading IT Girl. Paris has remained active in modeling into her adult years; in January 2018, she modeled for Kanye West’s Yeezy 6 Collection, and in February 2019, she appeared in Phillip Plein’s Plein Sport campaign.

Sex Tape and The Simple Life

In November 2003, an unauthorized sex tape featuring Paris and her then-boyfriend Rick Salomon appeared online. Salomon began promoting and distributing the video himself under the name “1 Night in Paris” in April 2004, making millions as Paris pursued a lawsuit against him. The dispute was resolved out of court, with reports indicating that Hilton received $400,000 from the video’s earnings.

Three…

weeks after the scandalous video was released, the premiere of Hilton’s first reality television show took place. She collaborated with her childhood friend Nicole Richie to create “The Simple Life,” a reality series that showcases two socialites attempting to navigate the “real world,” undertaking blue-collar jobs and performing basic tasks such as milking cows. Concerns arose that the sex tape controversy might lead to the show’s cancellation before it even aired, potentially alienating viewers, but instead, the show became a significant success. Following the notoriety from both the sex tape and her reality show, new opportunities emerged: Guess approached Paris to star in three international campaigns, and she made a guest appearance on “Saturday Night Live,” where Jimmy Fallon humorously interviewed her regarding the Salomon tape scandal. “The Simple Life” ran for five seasons, enjoying robust ratings and earning acclaim for its humor and self-awareness. The show’s popularity positioned Hilton as a central figure in the early days of reality TV. Over the years, Hilton has participated in guest appearances across various programs and taken on minor film roles, including in “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 receiving criticism, the book achieved a spot on the “New York Times” best-seller list. Simultaneously, Hilton began launching her own perfume line and nightclub franchise. By late 2005, she was working on creating her own jewelry line and released another book titled “Your Heiress Diary: Confess It All To Me.” In 2006, she introduced her own record label and issued her debut self-titled album. The early 2010s saw her transition into DJing, and according to “Time” magazine, by 2014, Paris had become the highest-paid female DJ.

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

Persona and Media Presence

Hilton has often attracted media attention for her party girl heiress persona and the stereotypes associated with being a “dumb blond,” “valley girl,” and artificiality. Frequently, she became known for her memorable one-liners, such as her iconic phrase “That’s hot.” This image is perceived as a meticulously crafted persona or “brand,” which presented challenges in her career, particularly when seeking to be recognized as a serious businesswoman. The period from 2003 to 2009 is generally regarded as her “heyday.” “The Huffington Post” proclaimed 2007 as the turning point that marked the decline of her tabloid prominence. In the age of social media, Hilton has established a notable presence on platforms like Twitter and Instagram, amassing millions of followers.

Personal Life

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

Subsequently, she transgressed her probation by operating a vehicle with a suspended license. Initially sentenced to 45 days in jail, her time was later cut down to 23 days. She entered jail on the night of June 3, 2007, coming directly from the MTV Movie Awards. After serving just three days, she was released early because of undisclosed health issues (many sources indicated that she experienced extreme anxiety and panic attacks), but she was eventually called back to court to complete her jail time.

Throughout her socialite career, Paris has been linked with numerous famous actors and musicians. From 2002 to 2003, she was engaged to model Jason Shaw. Following that, she became engaged to Greek shipping heir Paris Latsis, but their engagement lasted only four months before being called off. In January 2018, she got engaged to actor Chris Zylka, who proposed with a ring valued at $2 million, yet their engagement ended in November 2018.

In December 2019, she began dating venture capitalist Carter Reum. They got engaged in February 2021 and tied the knot in November of the same year. In January 2023, they revealed the arrival of their son, born via surrogacy, and a daughter was welcomed through the same process in November 2023.

Real Estate

In 2007, Paris acquired a home for $5.9 million within a guarded gated community in Sherman Oaks, a suburb of LA. This residence was the target of the infamous “Bling Ring” burglary. Prior to this, she owned a $6.2 million property in Beverly Hills, in addition to a residence in the Hollywood Hills.

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

In August 2021, Paris and Carter Reum spent $8.4 million on an oceanfront property in Malibu. A report in February 2023 stated that Hilton and Reum had relocated to a mansion in Beverly Park that was previously listed as a rental at $160,000 per month.