Tilted Forum Project Discussion Community - View Single Post - Grandpa to Hilton Family: No soup for you!

maleficent · 07-30-2007, 01:38 PM

http://www.news.com.au/adelaidenow/s...006301,00.html
PARTY princess Paris Hilton is $60 million out of pocket after her billionaire grandfather - appalled by her jail term for drink-driving - 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 final straw.

"He was, and is, extremely embarrassed by how the Hilton name has been sullied by Paris," said 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 $2.4 billion 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.

Not that Paris will care too much, though. US sources predict she will quadruple the $8.3 million business bible Forbes estimates she earned last year.

http://www.ecanadanow.com/news/enter...-20070730.html
Los Angeles (eCanadaNow) - Conrad Hilton, the billionaire great-grandfather of socialite Paris Hilton is apparently fed up with her party ways and has cut her out of his will. "He was, and is, extremely embarrassed by how the Hilton name has been sullied by Paris," says Jerry Oppenheimer, author of "House Of Hilton". "He doesn't want to leave unearned wealth to his family."

But it's not all Paris' fault; the slam looks like it was planned by the old man all along. Conrad has decided to cut not only great-granddaughter Paris out of his $2.4 billion fortune, but ALL of the family. He has decided to give his money to his charitable foundation rather than to the long line of spoiled Hilton brats.

Alas, Paris' grandfather Barron Hilton is still sitting on $1 billion dollars himself. His son, successful businessman Rick Hilton, who is Paris' dad, is one of 8 children and still stands to inherit a cool $125 million from Barron.

So there's plenty of money in the Hilton clan, and Paris is likely still raking in the coin by charging $100,000 just to show up at a party for an hour.

07-30-2007, 01:38 PM	#10 (permalink)
maleficent Junkie Moderator Emeritus Location: Chicago	http://www.news.com.au/adelaidenow/s...006301,00.html PARTY princess Paris Hilton is $60 million out of pocket after her billionaire grandfather - appalled by her jail term for drink-driving - 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 final straw. "He was, and is, extremely embarrassed by how the Hilton name has been sullied by Paris," said 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 $2.4 billion 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. Not that Paris will care too much, though. US sources predict she will quadruple the $8.3 million business bible Forbes estimates she earned last year. http://www.ecanadanow.com/news/enter...-20070730.html Los Angeles (eCanadaNow) - Conrad Hilton, the billionaire great-grandfather of socialite Paris Hilton is apparently fed up with her party ways and has cut her out of his will. "He was, and is, extremely embarrassed by how the Hilton name has been sullied by Paris," says Jerry Oppenheimer, author of "House Of Hilton". "He doesn't want to leave unearned wealth to his family." But it's not all Paris' fault; the slam looks like it was planned by the old man all along. Conrad has decided to cut not only great-granddaughter Paris out of his $2.4 billion fortune, but ALL of the family. He has decided to give his money to his charitable foundation rather than to the long line of spoiled Hilton brats. Alas, Paris' grandfather Barron Hilton is still sitting on $1 billion dollars himself. His son, successful businessman Rick Hilton, who is Paris' dad, is one of 8 children and still stands to inherit a cool $125 million from Barron. So there's plenty of money in the Hilton clan, and Paris is likely still raking in the coin by charging $100,000 just to show up at a party for an hour. __________________ Free your heart from hatred. Free your mind from worries. Live simply. Give more. Expect less.