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. The great-granddaughter of Hilton Hotel founder Conrad Hilton, she has built her own fortune through a highly profitable endorsement and product empire, which is especially popular internationally. Her licensing empire today spans retail outlets globally that feature Paris-branded products including clothing, handbags, perfumes, and more. So far, she has endorsed 17 fragrances that together have generated over $2 billion in gross revenue. The bulk of Paris’ wealth can be linked to her fragrance royalties, where she likely receives 20-30% of all profits made by the line.

Costing Her Family Billions

In 2007, Paris Hilton’s grandfather Barron reportedly felt so embarrassed by his granddaughter’s behavior that he revised his will, leaving 97% of his $4.5 billion fortune to charity rather than his family. Consequently, instead of nearly two dozen inheriting $4.5 billion, which would have amounted to $190 million per person, those same individuals ended up splitting just 3% of that fortune. This resulted in a total of $135 million, approximately $5.6 million for each person.

Early Life

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

Modeling

Starting her modeling career while in elementary school, Paris was eventually signed to T Management. She has been involved in various advertising campaigns, collaborating with prominent agencies like Ford Models and brands including Guess, Christian Dior, and Marciano. By 2001, she was still modeling and attracting media attention due to her high-profile love interests, including actor Leonardo DiCaprio, earning her the title of New York’s Leading IT Girl that same year. Paris has continued modeling throughout her adult life; for instance, in January 2018, she participated in modeling 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, a sex tape featuring Paris and her then-boyfriend Rick Salomon was leaked online without authorization. Salomon proceeded to market and distribute the video himself under the title “1 Night in Paris” in April 2004, profiting millions while Paris pursued legal action. The lawsuit was settled out of court, with reports indicating that Hilton received $400,000 from the video.

Three

Weeks after the scandalous video was released, Hilton’s inaugural reality television show debuted. She collaborated with childhood friend Nicole Richie on “The Simple Life,” a series following two socialites striving to navigate the “real world” by undertaking blue-collar jobs and performing basic tasks, such as milking cows. Concerns arose that the sex tape scandal would spell doom for the show before it even launched and that it might alienate viewers; however, the show ultimately became a significant success. Thanks to the combined fame from both the sex tape and her reality series, new opportunities emerged: Paris was invited by Guess to participate in three international campaigns, and she made a guest appearance on “Saturday Night Live,” where Jimmy Fallon interviewed her about the Salomon tape incident in a lighthearted manner. “The Simple Life” enjoyed a run of five seasons with strong ratings and garnered praise for its humor and self-awareness. The show’s popularity elevated Hilton to a leading figure in the early days of reality TV. Over the years, Hilton has explored guest appearances on various programs and taken on small film roles, including titles such as “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 facing criticism from reviewers, the book still managed to secure a spot on the “New York Times” best-seller list. Concurrently, she embarked on launching her own line of perfumes and a nightclub franchise. As 2005 came to a close, Hilton began to design her own jewelry collection and published another book titled “Your Heiress Diary: Confess It All To Me.” In 2006, she started her own record label and released her debut self-titled album. By the early 2010s, she ventured into the DJing scene, and according to “Time” magazine, by 2014, Paris had already positioned herself as the highest-paid female DJ.

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

Persona and Media Presence

Much of the media spotlight on Hilton has been focused on her persona as a party girl heiress, along with the stereotypes of “dumb blond,” “valley girl,” and artificiality. She frequently delivered one-liners that gained notoriety in pop culture, including her catchphrase “That’s hot.” This crafted image, often referred to as a “brand,” presented challenges in her career when she sought respect as a businesswoman. The timeframe between 2003 and 2009 is often regarded as her “heyday.” “The Huffington Post” proclaimed that 2007 marked the decline of her reign in tabloid media. With the rise of social media, Hilton has cultivated a presence on platforms such as 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…

Her probation was later breached when she drove with a suspended license, resulting in a sentence of 45 days in jail, which was subsequently reduced to 23 days. On the evening of June 3, 2007, she reported to jail after attending the MTV Movie Awards. She was released early, having served only three days, due to medical reasons that were not specified (numerous sources indicated that she experienced severe anxiety and panic attacks), but was called back to court later to complete her jail time.

Throughout her tenure as a socialite, Paris has been associated and seen with numerous well-known actors and musicians. From 2002 to 2003, she was engaged to model Jason Shaw. She also had an engagement with Greek shipping heir Paris Latsis, although their engagement ended after just four months. In January 2018, she became engaged to actor Chris Zylka, who proposed with a ring valued at $2 million, but their engagement came to an end in November 2018.

In December 2019, Paris began a relationship with venture capitalist Carter Reum. They became engaged in February 2021 and married in November of that same year. In January 2023, they announced the arrival of their son, who was born through surrogacy, and in November 2023, they welcomed a daughter via surrogacy.

Real Estate

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

In 2014, she acquired a penthouse in Manhattan’s downtown area for $4.9 million.

In August 2021, Paris and Carter Reum acquired an oceanfront property in Malibu for $8.4 million. Reports in February 2023 indicated that Hilton and Reum moved into a mansion in Beverly Park that had been listed as a rental for $160,000 per month.