Paris Hilton Net Worth (Money & Salary)

What Is Paris Hilton’s Net Worth?

An American heiress, socialite, model, actress, and entrepreneur, Paris Hilton boasts a net worth of $300 million. She is the great-granddaughter of Conrad Hilton, the Hilton Hotel chain’s founder. However, her personal fortune stems from a successful endorsement and product empire, particularly widespread overseas. Her licensing business now comprises retail outlets globally that sell various Paris-branded items, including clothing, handbags, perfumes, and more. To date, she has endorsed 17 fragrances that collectively generated over $2 billion in gross revenue. Most of Paris’ wealth is due to her fragrance royalties, from which she likely receives a 20-30% share of the profits.

Costing Her Family Billions

In 2007, Paris Hilton’s grandfather Barron, reportedly embarrassed by his granddaughters’ behavior, changed his will, redirecting 97% of his estimated $4.5 billion fortune to charity rather than his family. Consequently, instead of approximately two dozen beneficiaries receiving around $4.5 billion (about $190 million each), these individuals ended up dividing only 3% of that amount. This resulted in a total of $135 million, equating to around $5.6 million per person.

Early Life

Born on February 17, 1981, Paris Whitney Hilton first saw the light of day in New York City. She is the child of Kathy Hilton, who was a socialite and actress, and Richard Hilton, a businessman. The eldest of four siblings, she has a notable sister, socialite Nicky Hilton. Her great-grandfather, Conrad Hilton, established Hilton Hotels. The family frequently relocated, alternating between a Waldorf-Astoria Hotel suite in Manhattan, the Hamptons, and Beverly Hills. Paris socialized with peers like Ivanka Trump, Kim Kardashian, and Nicole Richie during her childhood, and her family maintained a close friendship with Michael Jackson, often attending his events. 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 adolescents. Eventually, she obtained her GED.

Modeling

Beginning her modeling career in elementary school, Paris Hilton quickly signed with T Management. Throughout her career, she has participated in various advertising campaigns for prestigious agencies like Ford Models and luxury brands such as Guess, Christian Dior, and Marciano. By 2001, she was still in the modeling scene while attracting media attention for her extravagant lifestyle and high-profile relationships with actors like Leonardo DiCaprio. That year, she earned the title of New York’s Leading IT Girl. Continuing to model throughout adulthood, she showcased her talent for 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, an unauthorized sex tape featuring Paris and her former boyfriend Rick Salomon emerged on the internet. Subsequently, Salomon marketed and distributed the video himself under the title “1 Night in Paris” in April 2004, making millions amid Paris’s legal battle. The lawsuit was settled outside of court, resulting in Hilton receiving $400,000 as compensation.

Three

Following the release of the scandalous video, weeks later, Hilton’s first reality television series made its debut. She teamed up with childhood friend Nicole Richie for “The Simple Life,” a reality show that showcased two socialites navigating the “real world” by taking on blue-collar jobs and engaging in menial activities like milking cows. There were concerns that the sex tape scandal could lead to the show’s premature cancellation and cause audiences to turn away; nevertheless, it turned out to be a massive success. As a result of the notoriety from both the sex tape and her new reality series, opportunities began to arise: Guess reached out for Hilton to star in three international campaigns, and she made a guest appearance on “Saturday Night Live,” where Jimmy Fallon humorously questioned her about the Salomon tape scandal. “The Simple Life” enjoyed five seasons, garnering strong ratings and was lauded for its wit and self-awareness. The show’s popularity solidified Hilton’s status as a prominent figure in the early stages of reality TV’s rise. Over the years, Hilton has explored various guest appearances and minor film roles, including 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 publish “Confessions of an Heiress: A Tongue-in-Cheek Peek Behind the Pose.” Although critics did not receive the book well, it still made its way onto the “New York Times” best-seller list. Simultaneously, Hilton began working on her own perfume line and a nightclub franchise. By late 2005, she was also in the process of designing her own jewelry line and released another book titled “Your Heiress Diary: Confess It All To Me.” In 2006, she launched her own record label and debuted her first self-titled album. The early 2010s saw her venture into the DJing world, and by 2014, “Time” magazine reported that Paris had established herself as the highest-paid female DJ.

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

Persona and Media Presence

Much of the media focus surrounding Hilton has revolved around her “party girl” heiress persona and the associated stereotypes of being a “dumb blond,” “valley girl,” and exhibiting artificiality. Frequently, she would deliver one-liners that became pop culture phenomena, such as her famous line, “That’s hot.” This carefully curated image is often viewed as a well-developed act or “brand,” creating challenges in her career when she sought recognition as a serious businesswoman. The timeframe from 2003 to 2009 is recognized as her “heyday.” “The Huffington Post” noted that 2007 marked the onset of the decline of her tabloid dominance. In the age of social media, Hilton has made her mark 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.

Later, she found herself in violation of her probation after driving with a suspended license. Initially sentenced to 45 days in jail, her term was eventually reduced to 23 days. On the evening of June 3, 2007, she reported to jail immediately after attending the MTV Movie Awards. Due to unspecified health concerns—widely reported to include severe anxiety and panic attacks—she was released after serving just three days. However, she was subsequently called back to court to complete her sentence.

Throughout her time as a socialite, Paris has been linked with numerous prominent actors and musicians. From 2002 to 2003, she was engaged to model Jason Shaw. Additionally, she got engaged to Greek shipping heir Paris Latsis, but their engagement ended after only four months. In January 2018, she became engaged to actor Chris Zylka, who proposed with a $2 million ring; however, their engagement concluded 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 that same year. In January 2023, they welcomed their son, born via surrogacy, and in November 2023, they had a daughter through surrogacy as well.

Real Estate

In 2007, Paris purchased a home in a secured gated community in Sherman Oaks for $5.9 million. This residence was notably targeted by the infamous “Bling Ring.” She also had previously owned a $6.2 million house in Beverly Hills and another in the Hollywood Hills.

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

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