Paris Hilton Loses Billions of Dollars!
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Allie @ Gone Hollywood | Wednesday, December 26, 2007 |
Paris Hilton’s grandfather, Barron Hilton, announced Wednesday that he’s giving away almost all his fortune to charity!
The hotel tycoon is donating 97% of his 2.3 billion worth to 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.
That means that Barron’s kids and grandkids are gonna be left with just $69 million to split amongst them. AND they have to pay taxes on that! That poor girl!
This should actually not come as a surprise to Paris, he’s been thinking of doing this since July.
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