Paris Hilton, a New York-born heiress, socialite, and actress, is also a model, actress, entrepreneur, and model.
She has a net worth in excess of $300 million as of the time of writing.
Paris Hilton is Conrad Hilton's great-granddaughter. However, she has made her fortune through a lucrative endorsement and product business that is especially popular in overseas markets.
Today, her licensing empire includes retail shops around the globe that sell Paris-branded handbags, clothing, perfumes, and other products. She has endorsed 17 fragrances, which have generated more than $2 billion in revenue to date.
Her royalties from perfumes are responsible for the bulk of Paris' net wealth. She is likely to receive a 20-30% share of the profits.
Paris Hilton costing her family billions
The Hilton Hotel chain, on the other hand, is a multinational hospitality company that was founded by Conrad Hilton in 1919. It is one of the largest hotel chains in the world, with over 6,500 properties in 119 countries and territories.
The company's flagship brand is Hilton Hotels & Resorts, but it also operates several other brands, including Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, and DoubleTree by Hilton. Paris Hilton is a member of the Hilton family, which founded the Hilton Hotel chain.
However, she is not directly involved in the management or ownership of the company. Instead, she has pursued her own career in the entertainment and business industries, with ventures such as her own line of fragrances and a fashion line.
Barron, Paris Hilton's grandfather, was so embarrassed by his granddaughters' antics in 2007, he changed the terms of his will to leave 97% to charity. Instead of inheriting $4.5 billion, or $190m per person, these same people received 3% of $4.5 billion. This is a total of $135 million, or $5.6 million per person.
Paris Hilton Early life
Paris Hilton is the granddaughter of Conrad Hilton, the founder of Hilton Hotels. Paris Hilton is the daughter of Richard Hilton, who is Conrad Hilton's son.
Paris Whitney Hilton was born in New York City on February 17, 1981, to Kathy Hilton (an actress, socialite, and businessman) and Richard Hilton (an actor). She is the oldest child of four, with Nicky Hilton being the well-known socialite.
Conrad Hilton, her great-grandfather, was Conrad Hilton. Hilton Hotels is the name of her father. They moved frequently and split their time between the Waldorf-Astoria Hotel, Manhattan, the Hamptons, Beverly Hills, and the Hilton Hotels.
She was a member of a close-knit social circle that included peers such as Nicole Richie and Ivanka Trump growing up. The Jackson family was close to them and they were often invited to see his shows.
At age 15 she attended the Professional Children's School and stayed one year at the Provo Canyon School. Later, she earned her GED.
Richard Hilton grandparents
Richard Hilton, the father of socialite Paris Hilton and businessman Nicky Hilton Rothschild, is the son of Barron Hilton and Marilyn Hawley. Therefore, Richard Hilton's grandparents are Conrad Hilton and Mary Adelaide Barron.
Conrad Hilton was an American hotel magnate and the founder of the Hilton Hotels chain. Mary Adelaide Barron was Conrad Hilton's first wife.
Is Paris Hilton related to Hilton hotels?
Yes, Paris Hilton is indeed related to the Hilton hotels. She is a member of the Hilton family, which is known for its involvement in the hotel industry.
Paris Hilton is the great-granddaughter of Conrad Hilton, the founder of the Hilton Hotels chain. Her grandfather, Barron Hilton, was the chairman, president, and CEO of Hilton Hotels Corporation. Therefore, Paris Hilton is an heiress to the Hilton family fortune.
Does Richard Hilton own Hilton hotels?
Richard Hilton is a member of the Hilton family, which founded the Hilton Hotels corporation. However, Richard Hilton does not own Hilton Hotels.
The company is a publicly traded multinational hospitality company, and ownership is spread among various shareholders. The majority of the company's ownership is held by institutional investors and individual shareholders, rather than members of the Hilton family.
How much is Hilton hotels worth?
Hilton Worldwide Holdings Inc., the parent company of Hilton Hotels, was a publicly traded company listed on the New York Stock Exchange under the ticker symbol "HLT." Its market capitalization, which represents the total value of the company's outstanding shares, was over $33 billion.
Barron Hilton net worth
Barron Hilton had an estimated net worth of $4.5 billion.
Paris Hilton Modeling
While in elementary school, she began modeling and was later signed to T Management. She has been a model for many advertising campaigns, including for Ford Models, Marciano, and Christian Dior.
She was still modeling by 2001 and was still attracting media attention for her wild lifestyle and high-profile affairs with actors such as Leonardo DiCaprio. In 2001, she was dubbed New York's Leading IT girl.
Paris continued modeling throughout her adulthood. In January 2018, she modeled Kanye West's Yeezy 6 Collection, and in February 2019, she modeled Phillip Plein's Plein Sport campaign.
Paris Hilton Life and Sex Tape
An unauthorized tape of Paris and Rick Salomon having sex was posted online in November 2003. Salomon then promoted the video and distributed the tape himself under the title "1 Night in Paris". Paris filed a lawsuit.
According to reports, Hilton was awarded $400,000 for the video. The first reality TV show by Hilton premiered three weeks after the shocking video was released.
Her childhood friend Nicole Richie was her partner in "The Simple Life", which featured two socialites trying to make it in "real life", doing blue-collar jobs, and menial tasks like milking cows. The show feared that the scandal with the sex tape would end the show and alienate viewers, but it went on to be a huge success. Because of the success of her reality show and the sex tape, new opportunities opened up for her.
Guess approached her to be a part of three international campaigns. She also made a guest appearance on "Saturday Night Live" where Jimmy Fallon interviewed the actress about the Salomon tape scandal.
"The Simple Life" aired five seasons to high ratings. It was well-received for its humor and self-awareness. Hilton was a key figure in the rise of reality TV thanks to the success of "The Simple Life".
Paris has appeared in guest roles in various movies and programs over the years.
Paris Hilton's most notable controversies:
- In 2003, a sex tape featuring Paris Hilton and her then-boyfriend, Rick Salomon, was leaked online.
- The tape, titled "One Night in Paris," generated a lot of controversy and negative publicity for Hilton.
- In 2006, Hilton was arrested for driving under the influence.
- She was later sentenced to 45 days in jail, but was released after just 23 days due to "good behavior."
- In 2007, Hilton was again arrested for violating her probation related to her DUI conviction.
- She was ordered to serve 45 days in jail, but was released after just three days due to "medical reasons."
Paris Hilton Other Ventures
Hilton co-authored "Confessions Of An Heiress: A Tongue-in-Cheek Peek Behind the Pose" in 2004 with Merle Ginsberg. Although the book was not well received by critics, it still reached the top of the NY Times bestsellers list.
She also launched her own perfume line and opened a nightclub chain. She had started to design her own jewelry line by the end of 2005 and published another book entitled "Your Heiress Diary: Confess it All To Me".
Hilton started her own record label in 2006 and released her first album. In the early 2010s, Hilton entered the DJing world. According to Time Magazine, Hilton was the highest-paid female DJ.
Paris Hilton Persona and Media Presence
Hilton's image as a party girl heiress and stereotypes like "dumb blonde," "valley girl," and artificiality have dominated media attention. One-liners like "That's HOT," which became her signature line, were commonplace in popular culture. This image is said to have been a carefully constructed act or "brand," which became a problem for her career as she needed to be respected in the business.
Her "heyday" was the period 2003-2009. According to the Huffington Post, 2007 was the year she ended her tabloid reign. Hilton is a social media guru, having established platforms such as Instagram and Twitter with millions of followers.
Paris Hilton Personal Life
Hilton was arrested and placed on probation in September 2006 for driving under the influence of alcohol. She was remanded to court after she drove with a suspended license. Although she was sentenced to 45 days, it was later reduced to 23 days.
On the night of June 3, 2007, she reported to jail after arriving at the 2007 MTV Movie Awards. After only three days in jail, she was released (Many sources claimed that she was experiencing extreme anxiety and panic attacks). She was eventually summoned back by the court and sentenced to spend the remainder of her time in prison.
Paris has been seen with many actors and musicians during her time as a socialite. From 2002 to 2003, Paris was engaged to Jason Shaw, a model. Paris was also engaged to Paris Latsis (Greek shipping heir), but they ended their engagement after only four months.
She was engaged to actor Chris Zylka in January 2018. He proposed with a $2 million ring. The engagement ended in November 2018.
Paris is now in a close relationship with Carter Reum, a venture capitalist.
Paris Hilton Real Estate
Paris paid $5.9 million for a Sherman Oaks home in a gated community. This home was broken into by the "Bling Ring." Her previous homes include a Beverly Hills home worth $6.2 million and one in Hollywood Hills.
Paris purchased a penthouse in Manhattan's downtown for $4.9 million in 2014. Carter Reum and Paris paid $8.4 Million for Malibu's oceanfront property in August 2021.
Is The Hilton family still rich?
Yes, the Hilton family is still considered to be wealthy. The family's wealth comes primarily from the Hilton hotel empire, which was founded by Conrad Hilton in 1919. The Hilton hotel chain has grown to become one of the largest and most recognizable hotel brands in the world, with properties in over 100 countries.
The family's net worth is estimated to be in the billions of dollars, with several members of the family holding significant shares in the company. While the family's wealth has certainly fluctuated over the years, they remain one of the wealthiest and most influential families in the hospitality industry.
How did Paris Hilton get rich?
One of the key factors in Paris Hilton's success is her family's fortune. Her great-grandfather, Conrad Hilton, founded the Hilton Hotels chain, which has made her family very wealthy. However, Paris Hilton has also made a name for herself through her own business ventures.
In addition to her appearances on reality TV shows, Hilton has also released a music album, written a book, and acted in movies. She has also launched her own lines of fragrances, clothing, and accessories. Hilton has also appeared in numerous advertisements and endorsements for various products.
Furthermore, Paris Hilton has been a DJ for many years, performing at clubs and events around the world. She has also been involved in various philanthropic endeavors, including supporting organizations that help children with disabilities.
Paris Hilton's wealth comes from a combination of her family's fortune, her successful business ventures, and her various entertainment and media appearances.
Paris Hilton net worth milestones
- In the early 2000s, she became famous for her appearances on reality TV shows like "The Simple Life" and for her partying lifestyle.
- At that time, Paris Hilton's net worth was estimated to be around $1 million.
- In 2004, Paris launched her own line of fragrances, which became hugely popular and helped to increase her net worth significantly.
- By 2005, Paris Hilton's net worth had reportedly increased to $7 million.
- In 2006, Hilton released her debut album, "Paris," which was moderately successful.
- She also starred in a number of films around this time, including "House of Wax" and "The Hottie and the Nottie."
- By the end of 2006, Paris Hilton's net worth was estimated to be around $30 million.
- In 2007, she was briefly jailed for violating her probation in a DUI case.
- The incident generated a lot of media attention and led to a decline in her popularity.
- Paris Hilton's net worth also reportedly took a hit during this time, but it's unclear by how much.
- In the years that followed, Paris continued to work on various business ventures, including her clothing line and her DJ career.
- She also appeared in a number of reality TV shows and made guest appearances on various shows and films.
- By 2021, Paris Hilton's net worth was estimated to be around $300 million.
Paris Hilton's net worth has fluctuated over the years, but she has managed to maintain a successful career as a businesswoman and media personality.
Who is richer: Paris Hilton or Kim Kardashian?
It was estimated that Kim Kardashian's net worth is around $1 million. Paris Hilton's net worth is estimated to be around $2 billion, while Nicky Hilton's net worth is around $300 million.
Who is richer, Paris or Nicky Hilton?
Paris Hilton's net worth was estimated to be around $2 billion, while Nicky Hilton's net worth was estimated to be around $300 million.
Is Paris Hilton a billionaire?
Paris Hilton is not considered a billionaire. While she comes from a wealthy family and has been successful in her various endeavors, such as modeling, acting, and business ventures, her estimated net worth at that time was around $300 million.