That's HOT: Barron Hilton, embarrassed by behavior of Paris, to leave 97% of his fortune to charity

[Amerigo Vespucci]

Paris loses out: Hilton fortune pledged to charity
Wed Dec 26, 2007 3:38pm EST

NEW YORK (Reuters) - U.S. hotel heiress Paris Hilton's potential inheritance dramatically diminished after her grandfather Barron Hilton announced plans on Wednesday to donate 97 percent of his $2.3 billion (1.16 billion pounds) fortune to charity.

That wealth includes $1.2 billion Barron Hilton stands to earn from both the recent sale of Hilton Hotels Corp. -- started by his father Conrad in 1919 when he bought a small hotel in Cisco, Texas -- and pending sale of the world's biggest casino company, Harrah's Entertainment Inc. That money will be placed in a charitable trust that will eventually benefit the Conrad N. Hilton Foundation, raising its total value to about $4.5 billion, the foundation said in a statement.

Barron Hilton, chairman of the foundation, intends "to contribute 97 percent of his entire net worth, estimated today at $2.3 billion, including the created trusts, at whatever value it is at the time of his passing," the foundation said.

Paris Hilton was not immediately available for comment on her grandfather's plans for his fortune.

:spray:

Jerry Oppenheimer, who profiled the Hilton family in his 2006 book "House of Hilton," has said Barron Hilton is embarrassed by the behaviour of his socialite granddaughter Paris and believes it has sullied the family name.

http://www.reuters.com/article/entertainmentNews/idUKN2636653220071226

[MissMillie]

1. looks like she still gets $6.9 million

that's a nice place to start at...

[edbermac]

2. For her that ain't much!

She probably spends a million a year just her DOG, ferchrisakes.

[gmoney]

5. she's probably earning well on her own...

she'll still probably make more money this year than I've made in my whole life up to this point.

Even those shitty little direct to DVD movies pay pretty well

[MilesColtrane]

6. 69 million.

Whatever will she do?

[Drunken Irishman]

8. 69 with a guy until his tongue accidently taste one of her crabs.

Too much?

A bit. Sorry. :( haha

[MilesColtrane]

9. In a brilliant marketing move, she'll use the 69 mil to buy out...

...and rename it "Paris' Crab Buffet" (open 24/7)

[Wapsie B]

3. Gosh, if only Sam Walton had done the same thing.

[Fire Walk With Me]

4. That's good news for those in need of charity!

[Fire Walk With Me]

7. He could have left that much to chastity, and I don't mean Bono.

That would especially irk Paris.

[Alexander]

10. Well, she'll have enough to refill all those Valtrex prescriptions.

But not enough to pay off everyone to keep quiet about her herpes.

[Deja Q]

11. Wha? She's got herpes? Does that mean she touched hispes?

:hide:

[Alexander]

12. I'll let the Valtrex prescription speak for itself.

[chknltl]

13. Ya know, I've been thinkin of changin my name to charity....

...well you knew someone here had to say it.... ok?

























woo-woo-fer :think: