Banking in on Daddy’s Business: The Richest Heirs and Heiresses in America

In America, like other countries, it’s still common to pass down your business to your children. And if you have a highly profitable business, your children become heirs to your fortune. Even if they don’t give a damn about running the company, they still get a pretty paycheck. These are some of the richest heirs and heiresses in America. Some names you’ll recognize, while others keep more of a low profile, choosing to be rich rather than famous.

Paris Hilton

Net Worth: $300 million

Wealth Inherited From Hilton Hotels Corporation

Source: Shutterstock

Paris Hilton is one of America’s most well-known celebrities, but most people don’t really get why. All we know is that she’s the heiress to the Hilton Hotel fortune. But as it turns out, she isn’t just an heiress; she’s also a businesswoman in her own right. She has several perfume lines which alone brought in three billion dollars.

Dylan Lauren

Net Worth: $4 billion
Wealth Inherited From Ralph Lauren

Source: News.Education.Investing

Dylan Lauren is an heiress and an entrepreneur. Her father is the founder of Ralph Lauren, the major fashion label. Dylan owns Dylan’s Candy Bar, the world’s largest candy store. She was inspired by the movie ‘Charlie and the Chocolate Factory’ and has been in business for eighteen years.

Balthazar Getty

Net Worth: $200 million

Wealth Inherited From Getty Oil

Source: News.Education.Investing

Balthazar Getty is the heir to the Getty Oil fortune, but oil isn’t really his thing. He’s also a musician and producer. He produces the music for the rap duo The Wow, and he’s part of the band Ringside. He also played Ralph in ‘Lord of the Flies.’ He’s also a philanthropist as part of The Lunchbox Fund, which provides food to impoverished children in Africa.

Olivia Wilde

Net Worth: $20 million

Wealth Inherited From Andrew Cockburn

Source: Shutterstock

Did you know that Olivia Wilde is an heiress and activist as well as an actress? She attended the Gaiety School of Acting in Dublin, Ireland. She got her start on television when she was on the popular medical series ‘House’ from 2007 to 2012.

Amanda Hearst

Net Worth: $100 million

Wealth Inherited From Hearst Corporation

Source: The New York Times

Amanda Hearst is the heiress to the Hearst Corporation. She’s involved in Friends of Finn, a charity that she founded. Friends of Finn focuses on preventing and stopping puppy mills, which treat dogs inhumanely. She is also a model and marketing editor.