December 27, 2007
Paris loses out: Hilton fortune pledged to charity

Barron Hilton, the grandfather of Paris Hilton, who owns the Hilton hotels, has decided not to give his money to his granddaughters and grandsons (that does not limit to Paris and Nicky) “upon [his] passing”.
When CNN writer Jia Lynn Yang first reported this news, she wrote: “The 80-year-old billionaire intends to leave his money to a charitable group founded by his father - sorry, Paris and Nicky.” Like as if Paris and Nicky need the money, anyway. Another one of those reporters who calls Paris and Nicky “celebutantes”.
Barron will pass on the $1.2 billion to the Hilton family’s philanthropic foundation, like his father Conrad Hilton did.
In an email, he wrote: “My personal net worth today, including created trusts, is approximately $2.3 billion, and what ever value it is upon my passing, it is my intent to contribute 97% of my estate to the Conrad N. Hilton Foundation, following in my father’s footsteps.”
Source: http://www.parishiltonsite.net/paris-hilton-will-not-get-her-inheritance-from-barron-hilton/
Filed under Celebrity Buzz, Weird Happenings by debangkok













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