Wednesday, January 18, 2023

Paris

 Paris Hilton is a New York born heiress, socialite, model actor, and businesswoman. As of this writing, she has a net value of $300 million dollars. Paris Hilton is Conrad Hilton's great-granddaughter. But, she has made her fortune by a lucrative endorsement and product company that is popular in overseas markets. Her licensing empire includes stores selling handbags with the Paris brand clothes and perfumes as well as other products across more than 100 countries. She has so far endorsed 17 fragrances which have earned more than $2 billion in revenue. In reality, the bulk of Paris' net worth is attributable to her fragrance royalties. It is probable that she earns between 20 and 30 percent of the earnings. The grandfather of Paris Hilton Barron was so embarrassed by his grandchildren's behavior, he changed his will in 2007 to give 97% of his $4.5billion fortune to charities. Instead of two dozen people inheriting $4.5 billion, or $190 million each, these same people split 3% of $4.5 billion. It's $135 million or $5.6 million for each person.

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