"I want to be known as a businesswoman," she says. "I don't want to be known as a reality TV star, I don't like the way that sounds."
"I have really grown past that," she explains. "Now I mostly focus on my empire and my brand, rather than everything else that comes with the reality star kind of life. I spend my time working rather than just enjoying myself and being on vacation."
"I am very focused on my business and when you live in that mind frame, you can stay away from the trashy tabloids," she adds.
Though Hilton says she's moved on from her former life in the spotlight, she does take credit for blazing a trail for those who are famous for being famous.
"When I moved to New York as a teenager I would just party all the time, but now people think I am actually smart because I have parlayed that into a very lucrative business," she admits.
"With partying, no one had ever been paid to go to a party. I was the first one to kind of invent that in Las Vegas at 20 years old," Hilton says. "Back in the day, a DJ would maybe get $200 and they would be hidden in a DJ booth. Now they are headliners, making millions of dollars -- the whole attraction is them. I saw that coming before it was actually happening."
Something she didn't see coming was the dress Kendall Jenner wore on her 21st birthday, which the model confessed was inspired by Hilton's own 21st birthday look.
"[Kendall] was like, 'I saw the pictures of you and I was obsessed, it was so beautiful so I had another designer recreate it,'" Hilton reveals. "It's like when I was little, I wanted to copy Madonna and wear what she wore in the '80s, so the fact that I'm seeing these beautiful girls -- who are the new style icons right now -- reminds me of when I wanted to look like Madonna. It's flattering."