What happens to Paris Hilton now?
Have you heard the news?
Paris Hilton’s billionaire grandfather is donating 97% of his fortune to his favorite charities! So is it a misnomer to call Paris a heiress when she’s not getting much by the looks of it?
ABC reports
Paris Hilton’s billionaire grandfather has served up an early New Year’s gift to charities he supports - he’ll hand over 97 percent of his fortune to them upon his death.
In a statement released on Wednesday, tycoon Barron Hilton, 80, announced he’ll place the windfall he receives from the recent sale of Hilton Hotels Corp. and the pending sale of the Harrah’s Entertainment Inc. casino group into a charitable trust.
The cash will then be handed to charity leaders through the Conrad N. Hilton Foundation, upon the billionaire’s death.
The foundation supports projects that provide clean water in Africa and housing for the mentally ill.
Barron Hilton’s father Conrad established the foundation in 1944.
I suppose Paris doesn’t need much if she’s earning millions herself!
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3 opinions for What happens to Paris Hilton now?
Paris Hilton Shops Away the Pain
Dec 27, 2007 at 5:16 pm
[…] Paris Hilton definitely cut off from her grandfather’s fortune, the socialite shops away the pain in Hawaii! Oh, Paris lead such a hard life! Watch the video […]
Details of Paris Hilton’s inheritance
Dec 28, 2007 at 10:45 pm
[…] can all stop sobbing and wailing on Paris Hilton’s behalf. She is still a heiress but instead of receiving $100 million from her grandfather, she is ONLY […]
Did Paris Hilton really got screwed with her inheritance?
Jan 3, 2008 at 11:59 am
[…] must admit when I first heard the news that Paris and her siblings got disinherited from their grandfather’s billion dollar fortune, I was a bit skeptical. I wasn’t sure if this was for real or a ruse to avoid inheritance tax […]
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