Does Paris Hilton Own Hilton Hotels? Inside Her Multi-Millionaire Status

Is Hilton Hotels under the ownership of Paris Hilton? Presently, this socialite boasts a staggering net worth of $300 million. But is her wealth even more substantial than what meets the eye? Let's delve into the details!

Hilton Hotels, a venerable establishment with over a century of history, currently extends its opulent accommodations across nearly 120 countries, encompassing a staggering 6,100 hotels (as per Business Insider). While the brand's storied legacy resonates with many, others might associate the Hilton name with none other than the effervescent socialite, Paris Hilton.

So, the pressing question emerges: Does the former model hold a stake in Hilton Hotels? Keep reading to unearth the answers.

Does Paris Hilton own Hilton Hotels?

Unless you've been dwelling beneath a colossal boulder or have yet to journey beyond Gen Z, the name 'Paris Hilton' has almost certainly graced your ears. This blonde beauty ascended to stardom for, well, merely being famous. Paris Hilton practically laid the foundation for future social celebrities like Kim Kardashian to soar to greater heights.

She embodied the 'It' girl persona throughout the mid-2000s, frequently captured by the paparazzi outside nightclubs, reveling in the nightlife, and mingling with fellow scions of fame, such as Nicole Richie.

She indelibly etched phrases like "that's hot" into pop culture vernacular, parlayed her fame into a reality show (RIP: The Simple Life), ventured into the world of fashion with her clothing line and introduced over 20 distinct fragrances. She even briefly dabbled in music.

While it's safe to say that Paris didn't tread the path of her grandfather, who helmed a hotel empire, you might be taken aback to discover that she doesn't possess ownership rights either.

As reported by The New York Times, Hilton Hotels changed hands to The Blackstone Group for a staggering $26 billion in 2007. Moreover, the billionaire hotel magnate Barron Hilton bequeathed a mere three percent of his wealth to his surviving family members, donating the remaining 97 percent to the Conrad N. Hilton Foundation.

What stands as Paris Hilton's net worth?

Despite not holding the reins of the brand, the hotel heiress' name catapulted her into stardom, which she astutely transformed into a remarkably successful career. Reports estimate Paris' current net worth at an impressive $300 million. With an array of product launches, her own stores, and a DJ gig, she has undoubtedly charted a prosperous course for herself.

Paris Hilton is set to unveil a documentary chronicling her life.

Scheduled for release on September 14, this documentary grants fans a glimpse into Paris' life and the tribulations she endured. In "This Is Paris," the former reality star candidly discusses the trauma she confronted during her time at a boarding school in Utah.

"In my childhood, something transpired that I've never shared with anyone," she reveals in the teaser trailer. "To this day, I'm haunted by nightmares about it." She goes on to reflect, "The only lifeline that preserved my sanity was envisioning the person I aspired to become upon my departure." She concludes, "That's when I forged this brand, this persona, this character – and I've been inseparable from her ever since."