Paris Hilton Net Worth (Money & Salary)

What Is Paris Hilton’s Net Worth?

With a net worth estimated at $300 million, Paris Hilton is an American heiress, model, actress, entrepreneur, and socialite. She is the great-granddaughter of Conrad Hilton, the founder of the Hilton Hotel chain. However, she has built her own wealth through an exceptionally profitable endorsement and product empire, particularly recognized worldwide. Her licensing business currently encompasses retail stores globally that feature Paris-branded clothing, handbags, perfumes, and more. To date, Paris has endorsed 17 fragrances, collectively generating over $2 billion in gross revenue. Notably, the bulk of her net worth stems from fragrance royalties, with Paris likely receiving 20-30% of all profits earned by the line.

Costing Her Family Billions

Due to his embarrassment over his granddaughters’ behavior, Paris Hilton’s grandfather, Barron, reportedly revised his will in 2007, bequeathing 97% of his $4.5 billion fortune to charity rather than his family. This change meant that instead of approximately two dozen heirs dividing $4.5 billion at around $190 million each, they ended up sharing just 3% of the total. Ultimately, that amounted to $135 million, translating to about $5.6 million per individual.

Early Life

Born Paris Whitney Hilton on February 17, 1981, in New York City, Paris is the offspring of Kathy Hilton, a former actress and socialite, and businessman Richard Hilton. She ranks as the eldest among four children, including fellow socialite Nicky Hilton. Her paternal great-grandfather, Conrad Hilton, established Hilton Hotels. The Hilton family frequently relocated, spending time between a suite at the Waldorf-Astoria Hotel in Manhattan, the Hamptons, and Beverly Hills. Paris grew up in a social circle that included notable peers such as Ivanka Trump, Nicole Richie, and Kim Kardashian, and the family maintained a close friendship with Michael Jackson, often attending his shows. At 15, she enrolled in the Professional Children’s School and subsequently spent a year at the Provo Canyon School, which caters to emotionally troubled youth, ultimately earning her GED.

Modeling

Beginning her modeling career in elementary school, Paris Hilton was later signed by T Management. She has participated in various advertising campaigns for top agencies like Ford Models and brands such as Guess, Christian Dior, and Marciano. By 2001, she remained active in modeling and piqued media interest with her extravagant lifestyle and high-profile relationships, especially with actors like Leonardo DiCaprio, earning the title of New York’s Leading IT Girl that year. Throughout her adult life, Paris has continued to model; in January 2018, she worked on Kanye West’s Yeezy 6 Collection and in February 2019, she modeled for Phillip Plein’s Plein Sport campaign.

Sex Tape and The Simple Life

In November 2003, an unauthorized sex tape featuring Paris Hilton and her then-boyfriend Rick Salomon emerged online. Salomon chose to market and distribute the video himself, releasing it under the title “1 Night in Paris” in April 2004, profiting millions while Paris pursued a lawsuit. The case was ultimately settled out of court, and it was reported that she received $400,000 from the situation.

Three

Weeks after the scandalous video was released, the debut of Hilton’s first reality television show occurred. Joining forces with childhood friend Nicole Richie, she created “The Simple Life,” a reality series that highlighted the attempts of two socialites to navigate the “real world” by undertaking blue-collar jobs and engaging in mundane tasks, such as milking cows. Initially, there were concerns that the scandal surrounding the sex tape would doom the show even before its launch, potentially alienating viewers. However, the program ultimately turned into a substantial success. The notoriety from both the sex tape and her new reality show opened various new opportunities for Paris: Guess approached her to feature in three international ad campaigns, and she 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” continued for five seasons, achieving impressive ratings and receiving praise for its humor and self-awareness, establishing Hilton as a significant figure in the burgeoning popularity of reality TV. Over the years, Hilton dabbled in guest spots on a range of programs and took on small movie 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

Hilton collaborated with author Merle Ginsberg to write “Confessions of an Heiress: A Tongue-in-Cheek Peek Behind the Pose,” published in 2004. Although critics were not favorable, the book still made its way onto the “New York Times” best-seller list. Concurrently, she began to develop her own perfume line and establish a nightclub franchise. By late 2005, Hilton had also started working on her jewelry line and published another book, “Your Heiress Diary: Confess It All To Me.” In 2006, she launched a record label and released her first self-titled album. Transitioning into the DJing scene in the early 2010s, “Time” magazine noted that by 2014, Paris had became the highest-paid female DJ.

In 2022, Hilton introduced a tracksuit line, partnered with Quay Australia for a sunglasses collection, and joined the cast of the animated YouTube 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’s focus on Hilton has largely revolved around her party girl heiress persona, alongside stereotypes such as “dumb blond,” “valley girl,” and superficiality. Frequently, she delivered memorable one-liners that became iconic in pop culture, including her signature phrase, “That’s hot.” This carefully curated image has often been described as an intricate act or “brand,” which became a challenge in her career when seeking respect as a businesswoman. The period from 2003 to 2009 is often referred to as her “heyday.” “The Huffington Post” proclaimed that 2007 marked the beginning of the decline of her dominance in tabloids. Amidst the rise of social media, Hilton has made her presence known on platforms like Twitter and Instagram, amassing millions of followers.

Personal Life

In September 2006, Hilton faced arrest and was placed on probation due to a DUI incident. Shortly thereafter, she found herself back in court within a few months.

Later, she breached her probation by driving with a suspended license. A sentence of 45 days in jail was imposed, which was subsequently reduced to 23 days. She reported to jail on the evening of June 3, 2007, having attended the MTV Movie Awards earlier that day. Due to unspecified health issues (with many sources citing extreme anxiety and panic attacks), she was released early after serving only three days, but she was eventually called back to court to complete her jail time.

Throughout her time as a socialite, Paris has been associated with several famous actors and musicians. From 2002 to 2003, Hilton was engaged to model Jason Shaw. Additionally, she became engaged to Greek shipping heir Paris Latsis, though their engagement ended after just four months. In January 2018, she accepted a proposal from actor Chris Zylka, who presented her with a $2 million ring, but they parted ways in November 2018.

Paris began dating venture capitalist Carter Reum in December 2019. They got engaged in February 2021 and exchanged vows in November of the same year. In January 2023, they shared the news of their son’s birth via surrogacy, followed by the arrival of a daughter through surrogacy in November 2023.

Real Estate

In 2007, Paris purchased a home in a secure gated community located in the LA suburb of Sherman Oaks for $5.9 million. This residence became known as the target of the so-called “Bling Ring.” Prior to this, she owned a $6.2 million property in Beverly Hills and another home in the Hollywood Hills.

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

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