Paris Hilton, a New York-born heiressand socialite, as well as an actress, is also a model, actress and entrepreneur. Her net worth is in excess of $300 million as of the time of writing. Paris Hilton is the great-granddaughter of Conrad Hilton, the founder of the Hilton Hotel chain but has made her fortune with a very lucrative endorsement and a product empire that is especially popular overseas. Her licensing empire includes stores that sell Paris-branded handbags and clothing perfumes, as well as other products across more than 100 countries. She has signed 17 perfumes that have earned over $2 billion of revenue to date. Her royalties from perfumes account for the bulk of Paris' net worth. She likely gets a 20-30 percent share of the revenues generated.Paris Hilton's father Barron was reportedly so ashamed of the antics of his daughters that he changed the conditions of his will to give 97 percent of his $4.5 billion fortune to charities instead of his family. Instead of receiving $4.5billion which is $190 million per person, these people will split 3percent of $4.5billion. That's a total of $135 million, or $5.6 million for each person.
Wednesday, January 18, 2023
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