Source: www.news.com.au
July 30, 2007
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.
Paris Hilton Loses $60,000,000 Inheritance !!!!!!!!!!!!!!
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This General Forum is for general discussions from daily chitchat to more serious discussions among Somalinet Forums members. Please do not use it as your Personal Message center (PM). If you want to contact a particular person or a group of people, please use the PM feature. If you want to contact the moderators, pls PM them. If you insist leaving a public message for the mods or other members, it will be deleted.
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Steeler [Crawler2]
- SomaliNet Super

- Posts: 12405
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Re: Paris Hilton Loses $60,000,000 Inheritance !!!!!!!!!!!!!!
I agree. A little inherited wealth is OK. Enough for your family to make their way. But leaving huge amounts...........I do not agree with that either.
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