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 man behind the Hilton Hotel chain. However, Paris has built her wealth through a highly lucrative endorsement and product empire that enjoys significant popularity internationally. Today, her licensing empire features retail outlets worldwide that offer Paris-branded clothing, handbags, perfumes, and other products. Up to this point, she has endorsed 17 fragrances that have produced over $2 billion in total revenue. The bulk of Paris’s net worth is linked to her royalties from these fragrances, from which she likely secures a 20-30% share of all profits generated.

Costing Her Family Billions

In 2007, Paris Hilton’s grandfather Barron reportedly felt such embarrassment over his granddaughter’s behaviors that he modified the conditions of his will, directing 97% of his $4.5 billion estate to charity rather than his family. Rather than about two dozen individuals receiving roughly $4.5 billion—around $190 million each—these relatives ended up sharing a mere 3% of that amount, totaling $135 million, which comes to approximately $5.6 million per person.

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. As the eldest of four siblings, she includes well-known socialite Nicky Hilton among them. Her paternal great-grandfather, Conrad Hilton, was the founder of Hilton Hotels. The family frequently relocated, spending time in a suite at the Waldorf-Astoria Hotel in Manhattan, the Hamptons, and Beverly Hills. In her youth, Paris associated with peers like Ivanka Trump, Nicole Richie, and Kim Kardashian. The Hilton family maintained a close friendship with Michael Jackson and often attended his performances. Paris enrolled in the Professional Children’s School at age 15 and later spent a year at the Provo Canyon School, which caters to emotionally troubled youth, before earning her GED.

Modeling

Beginning her modeling career while still in elementary school, Paris was subsequently signed by T Management. She participated in numerous advertisement campaigns, working with top agencies like Ford Models and renowned brands such as Guess, Christian Dior, and Marciano. By 2001, she remained active in modeling while capturing 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. Paris has continued her modeling endeavors 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, an unauthorized sex tape featuring Paris and her then-boyfriend Rick Salomon was leaked online. Salomon subsequently marketed and distributed the video himself, titling it “1 Night in Paris” in April 2004, resulting in millions of dollars in earnings, even as Paris pursued legal action. The lawsuit was settled out of court, with reports indicating that Hilton received $400,000 from the video.

Threeafter the scandalous video premiered, marking the debut of Hilton’s first reality show. Partnering with childhood friend Nicole Richie, she launched “The Simple Life,” a reality program that showcased two socialites trying to navigate the “real world” by taking on blue-collar jobs and engaging in menial tasks like milking cows. Concerns arose that the controversy surrounding the sex tape could jeopardize the show’s success before it even aired, potentially alienating viewers; however, it ultimately became a massive hit. Following the fame generated by both the tape and her new reality series, numerous opportunities emerged for Paris: she was invited by Guess to star in three international campaigns and made a guest appearance on “Saturday Night Live,” where Jimmy Fallon lightheartedly interviewed her about the Salomon tape incident. “The Simple Life” enjoyed a successful run for five seasons, garnering strong ratings and earning praise for its humor and self-awareness. The series elevated Hilton to a prominent status in the early days of reality television. Over the years, she has made numerous guest appearances on various shows and taken on small 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 publish “Confessions of an Heiress: A Tongue-in-Cheek Peek Behind the Pose.” Although critics criticized the book, it still managed to make the “New York Times” best-seller list. Meanwhile, she was also laying the groundwork for her own perfume line and a nightclub franchise. Toward the end of 2005, Hilton began designing her own jewelry line and published her second book, “Your Heiress Diary: Confess It All To Me.” In 2006, she established her own record label and released her debut self-titled album. She ventured into DJing in the early 2010s, and by 2014, “Time” magazine reported that Paris had become the highest-paid female DJ.

In 2022, Hilton launched a tracksuit line, partnered with Quay Australia on a sunglasses collection, and joined the cast of 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

The media focus around Hilton has largely revolved around her image as a party girl heiress, perpetuating stereotypes of being a “dumb blond,” embodying a “valley girl” persona, and reflecting artificiality. Frequently, she would deliver one-liners that became iconic in pop culture, like her signature phrase “That’s hot.” This persona has been described as a meticulously crafted act or a “brand,” which posed challenges in her career, especially when she sought respect as a business professional. The period from 2003 to 2009 is often referred to as her “heyday.” “The Huffington Post” noted 2007 as the beginning 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 for driving under the influence of alcohol and subsequently placed on probation. A few months later, she found herself back in court.

Later, she breached her probation by operating a vehicle with a suspended license. Initially sentenced to 45 days in jail, her time was later reduced to 23 days. On the evening of June 3, 2007, she entered jail, coming straight from the MTV Movie Awards. Due to unspecified health issues (with many sources indicating severe anxiety and panic attacks), she was released after serving only three days, but ultimately had to return to court and complete her remaining jail time.

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 got engaged to Greek shipping heir Paris Latsis, but their engagement was called off just four months later. In January 2018, she became engaged to actor Chris Zylka, who proposed with a $2 million ring, but their engagement ended 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 announced the arrival of their son, who was born via surrogacy, and welcomed a daughter through surrogacy in November 2023.

Real Estate

In 2007, Paris invested $5.9 million in a property located within a secure gated community in the Sherman Oaks area of LA. This residence was notably burglarized by the infamous “Bling Ring.” Prior to this, she owned a home in Beverly Hills valued at $6.2 million and another residence in Hollywood Hills.

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

In August 2021, Paris and Carter Reum acquired an oceanfront property in Malibu for $8.4 million. Reports emerged in February 2023 indicating that Hilton and Reum had moved into a mansion in Beverly Park, which was last listed at a rental price of $160,000 per month.