Grandpa Hilton Cuts Off Paris - Donates Her $60 Million Inheritance To Charity

[matcom]

<snip>

PARTY princess Paris Hilton is $60 million out of pocket after her billionaire grandfather - appalled by her jail term for drink-driving offences - axed her inheritance.

Family patriarch Barron Hilton was already embarrassed by his granddaughter's wild behaviour - notably when her home sex video was leaked on the internet.

But the 79-year-old considered her 23-day sentence last month the last straw.

"He was, and is, extremely embarrassed by how the Hilton name has been sullied by Paris," says Jerry Oppenheimer, who wrote a biography of the clan called House Of Hilton.

"He now doesn't want to leave unearned wealth to his family."

Hilton senior, the only member of the family left with a sizeable stake in the huge hotel chain, has let it be known that he intends to donate to charity the $2.4bn he will gain from this month's sale of the company to private equity firm Blackstone.

The money will go to the Conrad N. Hilton Foundation, the charity set up in the name of the founder of the family business.

http://www.news.com.au/story/0,23599,22157708-2,00.html

[xchrom]

1. oh. dear.

she will not probably have to get a job.

[meegbear]

2. Barron, please donate it to the "meegbear Poverty Relief Fund" ...

it'll do a world of good ... for me, anyways.

[LynneSin]

8. I think he would be better off donating to the LynneSin Human Fund

Money for the People (well for me most notably)

[Eurobabe]

3. Have you noticed all the HILTON commercials lately?

She has fucked that brand forever. I personally won't stay at Hilton Hotels ever again, because I can't stand that little rich bitch spoiled brat.

[wildhorses]

4. ~

:wow:

:rofl:

she has earned some money on her own, though iirc?

[Heidi]

5. It's a very good thing, then, that's she's self-sufficient young woman

with no sense of entitlement. :eyes:

Paris Hilton quotes:
“I’m a brand, a model, an artiste, an actress, a designer.”
“When I was a kid, I had no idea I lived in a mansion. Then I went to a friend’s house, and I was like - oh!”
“I worked hard for all this. I tell girls that if you basically work hard, all your dreams will come true.”
http://www.celebitchy.com/249/paris_hilton_thinks_she_works_/

[Darth_Kitten]

6. Didn't Barron contest HIS father's will?

Conrad Hilton left almost his entire fortune to charity but the will was contested.

Didn't want to leave a whole load of trust fund babies.

[Mad_Dem_X]

7. !!!

:bounce: :woohoo: :rofl: :evilgrin:

[Midlodemocrat]

9. You, sir, are my hero for posting this.

:patriot:

[Courtesy Flush]

10. There is hope for humanity nt

[Starbucks Anarchist]

11. AHAHAHA!

:rofl:

[kay1864]

12. This has really gotta hurt. Seriously.

This means that (a) she is no longer a "rich heiress", and (b) she may actually fade from the limelight (yay!) as a result.

From Wikipedia:
According to Forbes Magazine, Hilton earned approximately $2 million in 2003–2004,<22> $6.5 million in 2004–2005,<23> and $7 million in 2005–2006.<24>

She might actually have to cut back on some of her expenses. :cry:

[Hugin]

13. This explains the house sale...

I would think.

[ronnykmarshall]

22. She's going make a ton out of that house.

And I'm sure the neighbors can't wait to see her go.

[NC_Nurse]

14. Easy come, easy go...

may be the best thing that will ever happen to her.

[DS1]

15. Of course, this simply means that she might have to actually 'work'

and go after her actress dreams. So all this might have done is get Paris more exposed.

dammit

[kay1864]

16. She *has* been working

See above. This whole "super-rich heiress" thing is a sham. She's been waiting and waiting for this inheritance and now she's screwn. Daddy doesn't even let her fly in the corporate jet--she flies commercial.

Meantime she does crappy movies and a crappy book (which was actually on the NYT best seller list), since after all, she does have to pay the bills.

[kwassa]

17. It is possible for Paris to be more exposed?

I mean, is there something we haven't already seen?

[Mz Pip]

18. What took so long?

She's been an embarrassment for years. He just now noticed it? Did he miss the porn video?

Mz Pip
:dem:

[ElboRuum]

19. *SNORT* *giggle* Much roffling. n/t.

[Hugin]

20. Now, who is Charity again?

:crazy:

[Deja Q]

21. Wow.

:applause: