The original celebrity “famous for being famous” (before a certain other family came along), has started off the new year in a big way and she couldn’t be happier; Paris Hilton is officially engaged! Along with the price of Paris Hilton’s engagement ring, Paris Hilton’s net worth in 2018, has people asking questions. Keep reading if you want to know more about her net worth of $300.0 million and her new engagement.
Why is the Hilton Family Rich?
Paris was born into wealth, thanks to her great-grandfather’s famous hotels. Hilton went from being a model with little public recognition to being what could be called a “Kardashian prototype.” Even though she achieved a lot of her fame from her own released sex tape, unlike Kim Kardashian, Paris was already pretty famous before the tape’s release. From Paris Hilton’s house to Paris Hilton’s dog to Paris Hilton’s bags, the socialite spares no expense. We’ve got a breakdown of what she’s actually worth in 2018, so keep reading!
Early Life and Modeling Career
Born on February 17, 1981 (turning 36 in over a month), Paris Hilton is the paternal great-granddaughter of Conrad Hilton, who founded Hilton Hotels; as such, she was born into wealth and fame. She moved often as a child, though always to fancier neighborhoods like the Hamptons, and her friends included future co-star Nicole Richie and Kim Kardashian, whose fame would later eclipse her own. (Does anyone remember that she was Paris’ stylist before becoming Kanye West’s wife?)
She took to modeling gigs as a child, later signing to a modeling agency owned by President Donald Trump. After her modeling career picked up, she began appearing in other media outlets, though not particularly favorably—at a fairly young age, she became known for her excessive partying and wild behavior. However, despite her off-the-clock lifestyle attracting negative attention, it was dwarfed by the additional exposure and opportunities she obtained as a result. Beyond modeling, which now saw her getting more offers to appear on magazine covers, she would begin to take on roles in films, even with her minimal to no acting experience. Still, her net worth was on a steady rise.
Landing a Reality Show
In 2003, Hilton’s socialite status reached the level where she would be given her own reality show, The Simple Life, which also starred Nicole Richie. The sex tape, 1 Night in Paris, was released several weeks before the show’s premiere, resulting in both the show and tape benefiting from each other’s success and popularity. The Simple Life ran for five seasons, first on Fox and later on E!, with Hilton and Richie later having a falling out before making peace in 2006.
Hilton went on to turn herself into a brand over the course of 2006 to 2007, being the name and supporter of a variety of products, including fragrances, hair extensions, books, more film appearances, and even a self-titled album. However, her net worth also took two big hits during this period; one from jail time served due to being caught driving with a suspended license (due to an earlier DUI) twice, and the other from her great-grandfather giving 97% of his estate to charity, greatly decreasing her inheritance. It’s been rumored that he actually did this out of embarrassment over his great-granddaughter’s actions and what she had done to the family’s reputation.
How Much is Paris Hilton Worth Today?
Hilton still continues to profit from her TV and film roles, as well as from associating her name with various products. As of 2013, her reported earnings from all her sponsorship and endorsement deals totaled about $10.0 million. Aside from branding, most of Hilton’s income stems from serving as a hit DJ, which she has proven herself quite efficient in, receiving positive reviews and having her contract renewed by the Ibiza club “Amnesia.” Her reported rate for DJing is around $350,000.
She has also returned to releasing her own music, the most recent being the house track “Crazy,” which appeared online in January. Prior to this track, she had released three other singles between 2013 and 2015 (“Good Time” featuring Lil Wayne, “Come Alive,” and “High Off My Love”) that were supposed to appear on her second studio album. According to a picture that Hilton recently shared on Instagram of her in the studio, a new album is still in the works, so stay tuned!
Paris Hilton Net Worth Breakdown
|Current Net Worth||$300 million|
|Amount Per DJ Gig||$350,000|
|Fee Per Party/Club Appearance||$25,000 – $100,000|
|Earnings from Fragrances||$1.5 billion|
|Earnings from Other Sponsorships/Endorsements||$10 million|
|Inheritance Lost Due to Donation||$4.3 billion|
Paris Hilton’s Engagement
As if life wasn’t already going well for Paris Hilton, the reality star can scratch “wife” off her goals for the new year! In an Instagram post from January 2, Hilton shared several pics of her fiancé, American actor/model Chris Zylka.
“I said Yas! So happy & excited to be engaged to the love of my life,” Hilton wrote in the caption. “My best friend & soulmate. Perfect for me in every way. So dedicated, loyal, loving & kindhearted. I feel like the luckiest girl in the world! You are my dream come true! Thank you for showing me that fairytales do exist. [sic]”
According to People, the pair were posing for photos in Aspen, Colorado, when Zylka (who starred on HBO’s The Leftovers) got down on one knee and proposed with a 20-carat pear-shaped diamond.
Zylka had diamond expert/celebrity jeweler, Michael Greene design the ring, which was put on rush to make! According to Green (who gave all the details on the pear shaped stunner to People), the ring was made in two days, a process that normally takes three weeks!
According to Greene, “He wanted it before Aspen, because if the opportunity was there, which it was, he wanted to ask Paris in Aspen.” He added, “When he came to pick it up and opened up the box he literally started shaking. He said, ‘I can’t stop shaking.’ It was like taking a good size man and bringing him down to a boy size giggle. He’s a super nice guy.”
And Paris Hilton herself was stunned when he popped the question with the gorgeous gigantic rock, which is set in a platinum split shank halo band. “The ring was so gorgeous and sparkling,” Hilton told People. “I was shaking as I put it on. It is the most beautiful ring that I have ever seen!”
The two look absolutely blissful about the news and Paris is certainly feeling like a Queen with her new piece of serious bling. And if there’s anyone that knows her jewelry, it’s Paris Hilton!