Paris Hilton buys Mark Wahlberg's $63M LA estate after losing Malibu home to wildfires
Jun 27, 2025
Key Points
- Paris Hilton purchases Mark Wahlberg's $63 million Beverly Park estate after losing her Malibu home to wildfires, negotiating down from the $68 million asking price.
- Hilton's perfume line has generated over $2 billion in revenue, positioning her as an entrepreneur with serious capital for high-end real estate.
- Ultra-wealthy buyers continue aggressive mansion purchases despite historically low consumer sentiment, driven by disaster recovery and portfolio upgrades.
Summary
Paris Hilton purchased Mark Wahlberg's Los Angeles estate for $63 million after losing her Malibu home to wildfires earlier this year. The property, listed at $68 million, sits on 6 acres in Beverly Park, an ultra-exclusive gated community in the Los Angeles area. The 30,500-square-foot main house includes 12 bedrooms, a wine and cigar cellar, a smoking lounge, and a guest house. The grounds feature a sports court, skate park, and five-hole golf course with driving range, built in 2014.
Hilton's perfume line has generated over $2 billion in revenue, giving her substantial capital for acquisitions. Her brother Barron Hilton and his wife Tessa Hilton represented her in the negotiation, while Ginger and Alexandra Glass of Compass represented Wahlberg.
The purchase reflects continued strength in the luxury real estate market despite declining consumer sentiment and rising household costs for food and housing. High-net-worth individuals continue aggressive buying, whether to rebuild after natural disasters or upgrade existing portfolios.