Paris meet Poor House
Well not really. But Barron “Grandpa” Hilton announced Wednesday that he plans on giving 97% of his 2.3 billion dollar fortune to charity. Damn! Gramps has threatened before but now it’s official. The hotel tycoon is donating da bucks the Conrad N. Hilton Foundation, named after the initial Hilton that founded the global hotel chain in 1919 with a small hotel in Cisco, Texas.
Jerry Oppenheimer, who profiled the Hilton family in his 2006 book House of Hilton, has said Barron Hilton is embarrassed by the behavior of his socialite granddaughter Paris and believes it has sullied the family name.
What does this mean for Paris? Well for starters, she’ll have to battle 11 other grandchildren for her share of the remaining $67 million and pay taxes on it as well. At least the rest of the world will be a couple bil richer even if Paris will be asking if I want a gift receipt with that as she checks me out at Target. That’s Hot!
Paris Hilton, Target, Jerry Oppenheimer, Barron Hilton
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