Paris Hilton is a socialite, model, actress, and businesswoman who was born in New York. The founder of the Hilton Hotel business, Conrad Hilton, is Paris Hilton’s great-grandfather.
However, Paris Hilton has made her own riches through a highly lucrative endorsement and product empire that is especially well-known abroad. Today, her licensing business comprises retail outlets across the globe that sell items like clothing, handbags, fragrances, and more with the Paris name.
She has promoted 17 fragrances to date, bringing in over $2 billion in gross sales. In actuality, Paris’ royalties from scent sales account for the majority of her net fortune. She most certainly receives a 20–30% cut of revenue.
Paris Hilton Net Worth
Paris Hilton Net Worth is $300 Million as of this writing. Paris Whitney Hilton was born in New York City on February 17, 1981, to businessman Richard Hilton and socialite Kathy Hilton. Of her four siblings, including well-known socialite Nicky Hilton, she is the oldest.
The man who created Hilton Hotels, Conrad Hilton, was her great-grandfather (on her father’s side). The family rotated between a suite in the Manhattan Waldorf-Astoria Hotel, the Hamptons, and Beverly Hills on a regular basis. She was raised in a close-knit group of friends that included Kim Kardashian, Nicole Richie, and Ivanka Trump.
You can also read about the fortunes of other famous celebrities by clicking the links given below:
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The family was frequently invited to Michael Jackson’s concerts because they were close friends. When she was 15 years old, she enrolled in the Professional Children’s School and then spent a year in the Provo Canyon School for emotionally disturbed children. Later, she obtained a GED.
Why Paris Hilton’s Grandfather Gave Most Of His Money To Charity?
Barron, the grandfather of Paris Hilton, is said to have changed the provisions of his will in 2007 so that 97% of his $4.5 billion wealth would go to charity rather than his family because he was so ashamed of his granddaughter’s antics. As a result, those same persons divided 3% of $4.5 billion rather than inheriting $4.5 billion at a rate of $190 million per person. $135 million total, or about $5.6 million per person.
Paris Hilton’s Real Estate
In the LA suburb of Sherman Oaks, Paris spent $5.9 million on a home in a gated, guarded neighborhood. This is the house that the alleged “Bling Ring” broke into. She had previously owned homes in Hollywood Hills and Beverly Hills, each worth $6.2 million. For $4.9 million, Paris purchased a penthouse in downtown Manhattan in 2014.
An coastal property in Malibu cost $8.4 million to purchase in August 2021 by Paris and Carter Reum.
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