Paris Hilton Secures $44M Loan on $63M Beverly Hills Mansion

Paris Hilton and her husband, Carter Reum, purchased a $63 million French chateau-style estate in Beverly Hills from Mark Wahlberg, paying about $5 million less than the asking price. More than a month after the purchase, they secured a $43.75 million loan against the property with JPMorgan Chase Bank at a 5.25 percent interest rate, resulting in monthly payments around $283,000 including property taxes. Although this delayed financing raised public speculation about Hilton's financial status, real estate experts emphasize that such moves are common among wealthy buyers to increase liquidity or fund other investments, rather than signs of financial distress. The couple's decision to refinance after closing is viewed as a strategic financial maneuver, especially given Hilton's diverse income streams and significant equity retained in the home. Hilton's financial independence is notable, especially after her grandfather Barron Hilton donated most of his $4.5 billion estate to charity in 2019, excluding much of the immediate family. Experts suggest that the loan's timing more likely relates to tax and estate planning rather than any cash flow issues.