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, model, actress, socialite, and entrepreneur. Although she is the great-granddaughter of Conrad Hilton, the founder of the Hilton Hotel chain, she has built her own wealth through a highly successful endorsement and product empire that enjoys significant popularity internationally. Currently, her licensing empire comprises retail stores globally, offering Paris-branded clothing, handbags, fragrances, and more. So far, she has endorsed 17 fragrances that have collectively generated over $2 billion in gross revenue. Notably, most of Paris’ net worth arises from the royalties she receives from her fragrances, taking a 20-30% share of the profits produced by her line.

Costing Her Family Billions

Reportedly embarrassed by his granddaughters’ behavior, Paris Hilton’s grandfather Barron revised his will in 2007 to allocate 97% of his $4.5 billion fortune to charity rather than to his family. This means that instead of approximately two dozen individuals receiving about $4.5 billion, amounting to $190 million each, those same individuals will now divide 3% of the total fortune, which equates to $135 million or about $5.6 million each.

Early Life

Born Paris Whitney Hilton on February 17, 1981, in New York City, she is the daughter of Kathy Hilton, a former socialite and actress, and businessman Richard Hilton. As the oldest of four children, she has a well-known socialite sister named Nicky Hilton. On her father’s side, her great-grandfather was Conrad Hilton, founder of Hilton Hotels. The family frequently relocated, spending time at a suite in Manhattan’s Waldorf-Astoria Hotel, in the Hamptons, and Beverly Hills. In her formative years, Paris mingled with influential peers such as Ivanka Trump, Kim Kardashian, and Nicole Richie. The family maintained a close friendship with Michael Jackson, often attending his performances. At the age of 15, she enrolled in the Professional Children’s School and later spent a year at the Provo Canyon School for troubled youth before earning her GED.

Modeling

Beginning her modeling career in elementary school, Paris Hilton soon signed with T Management. Over the years, she participated in various advertising campaigns and worked with prestigious agencies such as Ford Models, representing brands like Guess, Christian Dior, and Marciano. By 2001, she was still pursuing modeling while gaining media attention for her extravagant lifestyle and relationships with actors like Leonardo DiCaprio, earning her the title of New York’s Leading IT Girl. Paris has continued her modeling career into adulthood; in January 2018, she modeled for Kanye West’s Yeezy 6 Collection, and in February 2019, she participated in Phillip Plein’s Plein Sport campaign.

Sex Tape and The Simple Life

In November 2003, a sex tape featuring Paris and her then-boyfriend Rick Salomon was leaked online without consent. In April 2004, Salomon released the video titled “1 Night in Paris,” making millions, while Paris pursued a lawsuit against him. The matter was settled outside of court, with reports indicating that Hilton received $400,000 from the agreement.

Three…afterward for violating her probation. Despite these setbacks, Hilton continued to maintain her public presence and expand her brand. Her first reality television show, which premiered weeks following the scandalous video release, was a collaboration with her childhood friend Nicole Richie called “The Simple Life.” This show depicted two socialites attempting to navigate blue-collar jobs and engage in basic tasks like milking cows, leading to initial concerns that the sex tape controversy might jeopardize the show’s launch and scare away its audience. However, it ultimately achieved great success. The notoriety surrounding the scandal and her reality show opened new opportunities for Paris: Guess approached her to star in three international campaigns, and she also made a guest appearance on “Saturday Night Live” where she was interviewed by Jimmy Fallon about the Salomon tape scandal in a lighthearted manner. “The Simple Life” enjoyed five seasons of robust ratings, garnering praise for its humor and self-awareness, solidifying Hilton’s status as a prominent figure in the early days of reality television. Over the years, Hilton has made guest appearances across various shows and pursued small roles in films, which include titles 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.” Although the book faced criticism, it still found its place on the “New York Times” best-seller list. Simultaneously, she embarked on launching her perfume line 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.” The following year, she established her own record label and launched her self-titled album. In the early 2010s, Hilton ventured into DJing, and by 2014, she was recognized by “Time” magazine as the highest-paid female DJ.

In 2022, Hilton introduced a tracksuit line, partnered with Quay Australia for a sunglasses collection, and became part of the YouTube animated web series “Rainbow High.” In 2023, she published “Paris: The Memoir” and hosts the “I am Paris” podcast on iHeartRadio.

Persona and Media Presence

The media focus on Hilton predominantly revolves around her “party girl” heiress persona, along with stereotypes such as “dumb blond,” “valley girl,” and tendencies towards artificiality. She frequently delivered one-liners that became iconic, one being her catchphrase, “That’s hot.” This image is considered to be a meticulously crafted persona or “brand,” which later posed challenges for her career as she sought respect as a businesswoman. The timeframe from 2003 to 2009 is often referred to as her “heyday.” In 2007, “The Huffington Post” suggested that this year marked the decline of her dominance in tabloid media. In the age of social media, Hilton has carved out a significant presence on platforms like 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 for probation violations. Regardless of these challenges, Hilton persisted in cultivating her public profile and brand.

Later, she found herself violating her probation due to driving on a suspended license. Originally sentenced to 45 days in jail, this was subsequently reduced to 23 days. On the night of June 3, 2007, she reported to jail, coming directly from her appearance at the MTV Movie Awards. Due to unspecified health issues (with many sources indicating she was facing severe anxiety and panic attacks), she was released early after serving only three days, but she was ultimately called back to court and required to complete her remaining time in jail.

Throughout her time as a socialite, Paris has been seen with numerous well-known actors and musicians. From 2002 to 2003, Hilton was engaged to model Jason Shaw. She also had a brief engagement with Greek shipping heir Paris Latsis, which lasted only four months. In January 2018, actor Chris Zylka proposed to her with a $2 million ring, but their engagement came to an end in November of the same year.

In December 2019, Paris began dating venture capitalist Carter Reum. They became engaged in February 2021 and tied the knot in November of that year. In January 2023, they shared the news of their son’s birth, who was born via surrogacy. Their daughter followed, arriving through surrogacy in November 2023.

Real Estate

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

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

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