Is there a new Hilton on the way?!

On Tuesday, widespread reports claimed that Paris Hilton, Queen of Celebutantes, was expecting her first child, but the socialite has shot down the pregnancy rumors on her podcast, This Is Paris. "The only thing in the oven at the moment is my 'Sliving Lasagna,'" she said, nodding to her upcoming cooking show on Netflix.

However, she did confirm that she hopes to start a family with fiancé Carter Reum, who himself comes from a mini business-world dynasty. From his entrepreneurial success to his excellent taste in diamonds, click through for everything you need to know!

[Photo via ParisHilton.com]