Bravely she relived that terror while playing herself in a similar situation in crime film - The Bling Ring, which premieres at Cannes this month.
But the incident, in August 2010, also prompted a complete change of lifestyle.
Once a party animal and reality TV airhead, New Yorker Paris now plans to step out of the spotlight and build her own hotel empire.
Now she wants to shake off her notorious reputation. She once partied with Lindsay Lohan, spent 22 days in jail for driving offences, and a sex tape of her romping with a lover hit the internet. Instead, she plans to found a hotel chain, following in the footsteps of her grandfather Barron Hilton and great grandfather Conrad.
Paris says: “I’ve always been driven to accomplish something with my life for myself and not just take handouts from my family.
“It would have been easy to sit back and live off my family, but I wanted to be independent and make my family proud.
“Now I’m moving into the hotel business and it feels the natural next step. I’ve always been inspired by my grandfather and how he grew this huge empire from nothing. It’s something I look up to.”
Even though her family is worth billions, Paris insists she has carved out her £1billion empire off her own back. She has endorsed watches, handbags and footwear and is about to launch her 16th perfume. She has invested in properties and businesses and opened 44 Paris Hilton-themed stores and clubs.
Now the woman who once boasted on her US reality show The Simple Life that she did not know how to write a cheque is out to prove she is no airhead.
She says: “People have never got to know the real Paris Hilton.
“They remember me for falling out of nightclubs and messing around on a reality show. But that was just a character I was playing. You should see me in a business meeting.
“I have changed a great deal in the past few years. I’m not some ditzy blonde who can get pushed around. I’m a tough businesswoman.”
She has also found love again with 21-year-old Spanish model River Viiperi — and she has even patched things up with her old friend Kim Kardashian.
Kim started out as Paris’s glamorous sidekick, before landing her own reality TV series and rapper Kanye West as a boyfriend, with whom she is now having a baby.
“Yes, we are friends,” Paris says. “I’ve known Kim since we were little girls and with friends like that you remain good friends.
“I’m so happy for her with Kanye. Kim has always talked about love and finding the man of her dreams and having babies. So I’m happy that all her dreams are coming true.
“I think she’ll make a great mum and it will be a beautiful baby.”
Paris adds: “Reality TV does not interest me any longer. I’m growing my empire around the world. I’ve been through very difficult times but now I have perspective. I can look back on things, both the good and the bad, and know that those experiences made me stronger. And I’m grateful for that.
“I’m in the best relationship I have ever been in. River and I have been together for almost a year now and I’ve never been happier.
“He has such a big heart and he is so kind and loyal. He treats me like a princess and is the most beautiful man I’ve ever seen. We live together, so we are serious.
“I would love to have a family one day. I think the meaning of life is to get married and have children.
“I know eventually it will happen, but right now I’m so busy with my business commitments that I would not have the time.
“But when I do, I would love to have a few children of my own.”
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