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Paris Hilton claims she earns $200 m a year

Society Materials 24 July 2007 16:23 (UTC +04:00)
Paris Hilton claims she earns $200 m a year

( showbizspy.com ) - Socialite & Entrepreneur Paris Hilton has boasted that she earns at least $200 million a year.Hilton has claimed that she rakes in the enormous sum from a variety of different business ventures, including her own hotel chain, perfume range and personalized merchandise, and by charging whopping fees for personal appearances.

She said: "I've made $200 million in the last year, while Jennifer Lopez made $150 million.

"I'm developing my own hotels, casinos and clubs and getting into real estate. It's crazy at such a young age. I'm doing so much."

Paris' inheritance from her family and the Hilton hotel chain is worth around $50 million, while she earns $16 million a year for her role in the US Reality TV show 'The Simple Life', in which she stars with friend Nicole Richie.

The 26-year-old socialite's perfume and jewelery collection brought in $2 million each last year, while she collected $20 million for personal appearances.Paris can charge upwards of $100,000 a time just for showing up at her favorite haunts and is once believed to have been paid almost $1.5 million to wave to a crowd in Australia for 20 minutes.

Paris' book, 'Confessions of an Heiress', and debut pop album, 'Paris', further boosted her earnings, as did a stuffed version of her pet dog 'Tinkerbell' and advertisements for Dream Catcher hair extensions.

She even pockets money from the slogan "That's Hot!" after trademarking her favorite exclamation.

Paris also collects an estimated $4 million a year from the infamous sex tape, 'One Night In Paris', she made with ex-lover Rick Salomon.The blond dropped a lawsuit against him in return for half of the profits made from sales.

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