Paris Hilton’s Mansion Move Raises Big Questions About Her Fortune

Paris Hilton has set tongues wagging after making a surprising financial move with her new Beverly Hills mansion.

More than a month after purchasing the $63 million French chateau-style estate from Mark Wahlberg, the hotel heiress took out millions in loans against the property.

The decision, which leaves her with monthly payments of over $280,000, has raised questions about her fortune and the reasons behind her timing.

Paris and her husband, Carter Reum, acquired the property, considered one of Los Angeles’s most enviable homes, earlier this year for $63 million, $5 million lower than its original asking price.

The couple bought the 30,500-square-foot estate from Wahlberg, who first listed it for $68 million.

Located deeply in the hills of Beverly Park and spread across six acres, the home looks like it was lifted from the French countryside.

It features 20 bathrooms, a five-hole golf course, a movie theater, and a resort-style pool grotto.

Wahlberg had built the mansion himself after purchasing the land in 2009 for $8.25 million.

For the media personality and her husband, whom she married in 2021 and now shares two young children with, the massive estate represents both luxury and stability.

However, just weeks after moving in, the couple surprised fans with an unexpected financial move.

After closing the deal, Paris and Reum decided to take out a huge $43.75 million mortgage with JPMorgan Chase.

The loan carries a 5.25 percent interest rate, which means their monthly payments amount to $283,196, including California property taxes.

The timing of the loan raised eyebrows, as mortgages are typically arranged during the purchase itself rather than more than a month after closing.

This practice, known as delayed financing, is less common, especially in the ultra-high-end real estate market.

As expected, the move quickly ignited speculation about Paris’s financial situation.

However, real estate experts have insisted that the decision is not necessarily a sign of trouble but could reflect a well-thought-out financial plan.

Speaking to the Daily Mail, Dr. Lee Davenport, a nationally respected real estate coach, explained the decision in simple terms.

“It’s not uncommon for homeowners, whether high net-worth or not, to refinance their homes for liquidity or investment flexibility,” she said.

Davenport further explained that the short one-month delay likely pointed to behind-the-scenes negotiations, possibly related to tax or estate planning.

According to her, Paris Hilton and her husband probably intended from the start to use the value of their home as leverage for another business venture.

“From a distance, it seems Paris is a savvy businessperson, despite a few scandalous moments in the media that may still cloud her reputation. And clearly, lenders agree, at least as far as her creditworthiness is concerned, in order for her to secure a $40 million+ loan in as little as a month. Thus, for me, the real question is what investment opportunity has captured her attention,” she added.

Doug Perry, Strategic Financing Advisor at HouseCashin, also agreed. “Buying a home and getting financing after the fact, what is called delayed financing, is done for a variety of reasons,” he said. “It does require a well-resourced buyer, especially when it is in the ultra-high-end price range.”

Paris’s financial decisions are often viewed through the lens of her family fortune.

In 2019, her grandfather, Barron Hilton, who was worth $4.5 billion, decided to leave 97 percent of his wealth to the Conrad N. Hilton Foundation.

The remaining three percent went to close relatives, but Paris’s immediate family was excluded from the inheritance.

While the move could have impacted her financial future, experts told the outlet that it likely played little role in her recent mortgage decision.

Instead, they pointed out that the socialite has built her own wealth through her many business ventures.

Despite losing out on her grandfather’s billions, Paris has created an estimated $300 million empire.

She has achieved this through her fragrance line, television projects, DJ career, and other business ventures.

Her reputation has shifted over the years from a party-girl socialite to a respected businesswoman.

As she explained in the past, “I’ve proven myself as an intelligent businesswoman who’s created a huge brand. Being a woman in the industry, there are always stereotypes. But I love it when I can walk into a board meeting and completely take over the room. It feels amazing to have that respect. I feel like an amazing woman!”