Million dollar lady Paris Hilton was once considered a “shame” by her grandfather and is now 7.5 times richer than her businessman husband (H)

Besides being the niece of hotel owner Hilton, Paris Hilton is also known as a multi-talented businesswoman.

After a year of marriage, millionaire Paris Hilton and her businessman husband Carter Reum welcomed their baby son together at the end of January. The 42-year-old TV star has kept information about her first child private and up to this point, she has not revealed the baby’s name.

In November 2021, Paris Hilton and Carter Reum attracted attention when they held a lavish wedding and gathered many stars, including actress Emma Roberts, singers Bebe Rexha and Meghan Trainor… On the big day, she wore no less than 4 designer outfits.

In fact, Paris Hilton has never been afraid to show off her luxurious lifestyle. She is known as one of four heirs to the Hilton hotel chain with a market capitalization of nearly 40 billion USD, according to Google Finance.

With a net worth of $30 million, it’s no surprise that the 42-year-old star owns a huge fleet of cars with sky-high prices (Barbie-pink Bentley Continental GT, California Spyder Ferrai…) or a trendy wardrobe. The page is full of items from famous brands (Chanel, Dior…).

But notably, most of Paris Hilton’s wealth is because she built it herself.

Million dollar lady Paris Hilton was once considered an embarrassment to her family by her grandfather, and is now 7.5 times richer than her businessman husband - Photo 1.

Businesswoman Paris Hilton. Photo: Vogue.

He is an heir but does not have much wealth to inherit

According to Reuters, the Hilton family’s net worth is a whopping $4.5 billion. But Paris’ grandfather – Barron Hilton – announced plans to donate 97% of his money to charity in 2004.

When Barron Hilton passed away in 2019, he left 3% (equivalent to $135 million) of his assets to his eight children, 15 grandchildren and four great-grandchildren. After being divided equally, Paris Hilton received 5.6 million USD. The remaining amount was donated to the Conrad N. Hilton Foundation, at Barron’s request.

There are even rumors that Paris Hilton was left out of her grandfather’s will. Because Barron did not like his niece’s scandals and thought she was an embarrassment to the Hilton family. But ever since she was a teenager, Paris Hilton wanted to be independent.

“I don’t want to have to ask my family for anything. Yes, I come from the Hilton family but I have bet on such a big business that even my grandfather once told me: ‘I once knew came as Barron Hilton and now I’m known as Paris Hilton’s grandfather,'” she shared with Refinery29 magazine in 2018.

Million dollar lady Paris Hilton was once considered an embarrassment to her family by her grandfather, and is now 7.5 times richer than her businessman husband - Photo 2.

Paris and grandfather Barron Hilton. Photo: Getty.

From model, TV star to businessman, DJ

Paris Hilton became a model in 2016 and quickly became famous. In 2000, she signed a contract with billionaire Donald Trump’s management company – T Management. She participated in shows at New York Fashion Week (USA) and built her own style. She later modeled for brands including Guess and Christian Dior. All those modeling contracts back then helped Paris Hilton’s bank account flourish.

The female model’s breakthrough came in 2003, when she starred in her first television show “The Simple Life” (2003-2007), which followed her and her best friend Nicole Richie as they lived for a month together. number of families in rural areas. The show received excellent ratings and cemented Paris Hilton’s status as the first queen of reality TV.

In 2005, it was reported that Paris Hilton earned $5 million in just one season, more than Nicole Richie. She was also paid $1 million for appearing in a music video by Kim Jang Hoon.

Million dollar lady Paris Hilton was once considered an embarrassment to her family by her grandfather, and is now 7.5 times richer than her businessman husband - Photo 3.

In 2022, Paris Hilton attracted attention when she worked as a runway model for fashion house Versace. Photo: Page Six.

In addition to modeling and television, Paris Hilton also achieved great success as a businesswoman and DJ. The majority of Paris Hilton’s net worth comes from her perfume empire, which has more than 25 varieties. In 2021, Variety reported that her brand surpassed the $4 billion mark in global revenue.

In 2010, Paris Hilton entered the DJ world and became the highest-paid female DJ of 2014, pocketing $1 million per appearance.

She also appears in many commercials, such as for Carl’s Jr restaurant in 2014. The businesswoman is also very specific about who she wants to do business with. Paris Hilton’s manager once shared that she rejects about 12-20 brand partners every day. Of course, deals that get a nod from Paris Hilton also help her wealth grow.

Million dollar lady Paris Hilton was once considered an embarrassment to the family by her grandfather, and is now 7.5 times richer than her businessman husband - Photo 4.

Paris Hilton was once the highest paid female DJ of the year. Photo: Rave Jungle.

The female millionaire is 7.5 times richer than her businessman husband

According to estimates by Celebrity Net Worth, Paris Hilton holds a net worth of $300 million, nearly equal to her parents’ assets. In particular, this number is 7.5 times more than the husband of businessman Carter Reum – who has assets worth 40 million USD.

Like his heiress wife, Carter Reum comes from a wealthy family. Photo is the son of W Robert Reum – the late chairman and CEO of Amsted Industries. According to Forbes, this is one of the largest private businesses in the US, with estimated revenue of $4 billion.

According to Vogue, Carter Reum is a venture capitalist who founded investment company M13 in 2016 to support and provide resources for startup businesses. The company has supported quite a few successful businesses, including Lyft, Pinterest, Snapchat… Carter Reum’s business is valued at $137 billion globally. Since then, M13 is one of the wealthiest investment firms in America.

Million dollar lady Paris Hilton was once considered an embarrassment to her family by her grandfather, and is now 7.5 times richer than her businessman husband - Photo 5.

Paris Hilton and Carter Reum on their big day. Photo: Vogue.

In addition to business, Carter Reum is also the co-author of the book “Shortcut Your Startup: Ten Ways to Speed ​​Up Entrepreneurial Success” (2018) with his brother Courtney. This is one of the best-selling books on the Amazon e-commerce platform, with content giving tips and tricks for young entrepreneurs to succeed.

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