In a stunning real estate move, American media personality and businesswoman Paris Hilton has acquired a breathtaking $63 million estate in Beverly Park, California. The purchase comes after Hilton lost her Malibu home in the devastating Los Angeles wildfires earlier this year. The sprawling 30,500-square-foot mansion, previously owned by a company linked to Chinese billionaire Xu Hang’s wife, is a testament to Hilton’s resilience and love for luxurious living.
A Palace Fit for Royalty
The newly purchased estate is nothing short of extraordinary. Boasting 12 bedrooms, 20 bathrooms, and an array of extravagant amenities, the property is designed for both relaxation and entertainment. Among its standout features are:
- A five-hole golf course for private practice
- A resort-style pool with thrilling waterslides
- A sports court and skate park for active lifestyles
- A state-of-the-art home theater for movie nights
- A two-story library for quiet retreats
- A spacious wine cellar for connoisseurs
- A grand entrance with twin staircases for dramatic flair
Additionally, the estate includes a guesthouse, ensuring ample space for visitors. The mansion was originally developed by Hollywood actor Mark Wahlberg and his wife in 2014 before being sold for $55 million in 2023—the highest residential sale in Southern California at the time. Xu Hang later acquired the property, and his wife’s firm relisted it in March 2024 for $68 million, making Hilton’s purchase a slight discount from the asking price.
Heartbreak in Malibu: A Home Lost to Wildfires
The acquisition follows a deeply emotional chapter in Hilton’s life. Between January 7 and 31, 2024, a series of catastrophic wildfires tore through Los Angeles and San Diego County, burning over 37,000 acres, claiming 30 lives, and destroying more than 16,000 structures, according to the California Department of Forestry and Fire Protection.
Hilton took to Instagram to share her grief after watching her Malibu home engulfed in flames on live television. "Heartbroken beyond words," she wrote. "Sitting with my family, seeing our home burn down in real time—no one should ever have to go through that."
The Malibu residence held irreplaceable memories for Hilton and her husband, Carter Reum, an author and venture capitalist. It was where their son, Phoenix, took his first steps, and where they dreamed of raising their daughter, London, surrounded by love and joy. In a touching revelation, Hilton shared that Phoenix, deeply affected by the disaster, now aspires to become a firefighter to help others in crisis.
From Socialite to Business Mogul
At 45, Paris Hilton is far more than just a tabloid sensation. As the great-granddaughter of Hilton Hotels founder Conrad Hilton, she has built an empire spanning reality TV, music, acting, fashion, and entrepreneurship. Rising to fame in the late 1990s as a New York socialite, she became a pop culture icon, earning the title of "New York’s leading It Girl" in 2001.
Her career includes starring in "The Simple Life" alongside Nicole Richie, releasing music albums, and appearing in films like "House of Wax" and "Repo! The Genetic Opera." Beyond entertainment, she has authored books, launched successful fragrance lines, and hosts a popular podcast.
In 2021, Hilton married Carter Reum, and the couple welcomed their two children, Phoenix and London, via surrogacy. Their journey has been one of both glamour and heartfelt family moments, making their new Beverly Park estate a fresh start after tragedy.
The Billionaire Behind the Previous Sale
The seller of Hilton’s new mansion is linked to Xu Hang, the 63-year-old co-founder of Shenzhen Mindray Bio-Medical Electronics, a top-tier Chinese medical equipment manufacturer. Xu is also the owner of Parkland Group, a major real estate developer responsible for the One Shenzhen Bay skyscraper complex.
According to Forbes, Xu’s net worth stands at an estimated $7.8 billion, ranking him as the 34th richest person in China as of June 2024. His sale of the Beverly Park estate marks another high-profile transaction in luxury real estate.
Mark Wahlberg’s Hollywood Legacy
Before Xu’s ownership, the mansion was developed by Mark Wahlberg, the 54-year-old actor known for blockbuster hits like "The Departed," "Ted," and the "Transformers" series. Wahlberg and his wife sold the property in 2023, setting a record for Southern California’s priciest home sale at the time.
A New Beginning
For Paris Hilton, this $63 million estate is more than just a lavish upgrade—it’s a symbol of renewal. After enduring the trauma of losing her Malibu home, she has embraced a fresh start in one of California’s most exclusive neighborhoods. With its luxury amenities, sprawling grounds, and serene privacy, Beverly Park offers the perfect sanctuary for Hilton, Reum, and their children to rebuild and create new memories.
As she settles into her new palace, one thing is clear: Paris Hilton continues to redefine resilience, turning heartbreak into triumph—one grand staircase at a time.
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