Paris’s inheritance goes to charity
The future fortune of Paris Hilton, the hotel heiress, has taken a hit after her grandfather said that he would give 97 per cent of his $2.3 billion (£1.15 billion) wealth to charity. Barron Hilton, 80, whose father Conrad founded the Hilton Hotel chain in 1919, will donate most of his fortune to the Conrad N Hilton Foundation. Only three per cent – $69 million – will be left to his heirs.
He has eight children and 23 grandchildren. Paris, who had stood to inherit an estimated $100 million, will now receive about $5 million after tax.
Mr Hilton, the chairman of the foundation, said he was “proud to follow my father’s example”. On his death, in 1979, Conrad Hilton left 97 per cent of his money to the foundation he had founded in 1944. But his son challenged the will and reached an accord dividing ownership of the shares with the foundation. Paris had no immediate comment. According to Forbes magazine, the socialite earned $6.5 million last year.
There have been conflicting reports about her relationship with her grandfather, who is said to be embarrassed by Paris, who gained notoriety for an internet sex tape and was jailed for probation violation in a drink-driving case.
Filed Under: News
DEAR,PARIS HILTON.
HAPPY NEW YEAR!WISH YOU GOOD HEALTH AND SUCCESS,YOUR FAMILY HAPPINESS!
Your friendly and take care,
CTB
good
Paris you are myrole model and I’m sure that your grand father will come around. You are so real and he should and will realize that love triumphs embarrassment (:.
With Love keep being gorgeous, veronica g
PARIS HILTON!
you are seriosuly AMAZING. i love you so much. keep doing what you’re doing, STAY BEAUTIFUL.
hope you will visit philippines in year 2010.!
filipinos loves you so much,.!
i like you so much!
your so gorgeous..
mwah!
One of my friend told me he saw she has a personal profile at an uniform dating site called http://www.UniformedCupid.com . Many sexy photos were found on that site last week! I can’t beleive it! What happened?
Paris hilton is the best…she and britney spears must keep on being friends
paris with love woment wrok.
I think that this was unnecessary as if she wasn’t embarrassed enough she must be the most humiliated woman on earth!
Paris, I recognize how embarrassed you must be. I mean this was not nice of your grandfather! You were embarrassed enough, and then you were utterly humiliated by this. you must recover, you are a huge role model!!!!!