Forbes provides an update on Paris Hilton’s business empire

Reported by Forbes

The first thing you need to know about Paris Hilton is that you don’t really know Paris Hilton.

Hers may not be the first name that comes to mind when you think ‘entrepreneur,’ but there are now more than 45 Paris Hilton stores in more than 40 countries, Variety named her its ‘Billion Dollar Entrepreneur’ in 2011 and her fragrance collection is fast approaching a $2 billion industry — so it’s more than time to take her seriously in the category. And, yes, it’s a lot easier to make money when you start with money, but, as she pointed out when we sat down in her Beverly Hills home, she didn’t have to work at all. She has dozens of peers who, as the scions of other great industrialists, have made a career out of simply spending their family’s hard-earned wealth instead of creating some of it for themselves.

“My grandfather and great grandfather created such a huge empire” says Hilton “As a little girl I really looked up to them and wanted to do something of my own. I could never have become a trust-fund kid and lived off a monthly allowance. As a teenager, I always said I wanted to make my own money so I never had to ask for anything.”

For many, particularly those under 30, her personal brand has largely eclipsed that of her successful forebears. As she says with a wry smile: “My grandfather jokes that he used to be known as Barron Hilton. Now people just refer to him as Paris Hilton’s grandfather.” But, while she may have joined Adele and Oprah in the first-name celebrity club, it’s her last name that will tell you the most about her. Paris Hilton is as Hilton to the core, and a defining feature of the Hiltons is hard graft. “My grandfather had my father work as a bell boy in the hotels when he was younger.” notes Hilton, “My dad worked for everything he got; he worked his way up from the bottom to own the largest real estate business in Beverley Hills. Hard work and entrepreneurial drive is in the Hilton blood. We’re determined to do big things.”

And it’s not just the need for personal success that drives Hilton. As she says: “Even if I’m tired after a month of travel, I‘m going to get up and go because it’s not just about me. There are other people whose jobs depend on my getting to work. I think about the team in our Beverly Hills office, I think about the people we employ around the world. I love that I get to create employment opportunities for people all over the globe – that really motivates me.”

Read the rest of the article here.

Posted: June 5th, 2014
Comments: 2


From: thewaymouth
Time: June 7, 2014, 9:50 am

She’s ditzy crazy like a fox.

I wish she was more of an artist, that she had more of a fair chance to be an artist.

But I am still proud of her and of supporting her as an artist, a woman to the manor born but who made her own money, and as an independent woman. She had a close call in Vegas a few years ago, but she managed to turn it up and around after her BS arrest and imprisonment. I am proud to have supported on the street, in the press and online. I am so glad to have reached out to her and connected in her darkest hours.

Vive la liberte! Vive la Paris!

From: admin
Time: June 7, 2014, 9:26 pm

Ahhh, thewaymouth!! Great to hear back from you! 🙂 Missing the old days!