Conrad Hilton
Posted on 07/30/2007 5:04:48 AM PDT by tlb
Paris Hilton’s recent behaviour has sent her billionaire grandfather into fury — so much so that the hotel heiress-cum-jailbird will not see a cent of her $59 million inheritance.
The co-chairman of the famous hotel chain, Conrad ‘Barron’ Hilton, has instead decided to plough his fortune into a charitable foundation in an effort to carry on family tradition.
And the 79-year-old has also cut off his 11 other grandchildren in the name of philanthropy.
"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."
Hilton senior recently acquired a hefty $2.4 billion after selling off a massive chunk of his hotel chain to private equity firm Blackstone.
Given her grandfathers disapproval, Miss Hilton is now working hard to cash in on her fame while she can.
(Excerpt) Read more at news.ninemsn.com.au ...
That description sums up everything notable she has ever done.
What about the dough from her parents? Are they going to cut her off as well?
I think I read somewhere that old Paris made about 7-million bucks last year? If so, that works out to 140-grand a week. My word, how much do-re-mi does Paris need?
You know, I think I could manage OK on that amount!
lol
“It is not a sin to be rich. But it is a sin to die rich.” Andrew Carnegie........
Good for you Gran'pa Hilton!!!
Unlike us common folks, she has an easy opportunity to make good money, she better be wise to take advantage of those opportunities !
She won’t go hungry, but it’s nice to know that Gradpa has some sense and $60M will be put to good use.
As you know, I was not born an intellectual and people have been guiding my life in such a way that it has become very confusing....blah, blah, blah....
Dear Paris: Tough sh**. Get a job! Grandpa
You know, I think I could manage OK on that amount!
Yes, you and I could but, these Holly Wood elitist’s can’t?
Look at famous people, amazing how many of them die without a penny?? go think!/??
Conrad Hilton
Next headline: Hilton disinherited take down Paris in street brawl.
Someone must have shown him the video.
Grandpa's children will inherit the money in all likelihood. Their children will inherit that money in all likelihood. Some of the grandchildren may just have to wait a little longer to get their meathooks on it.
No one will ever have to have a tag day for Paris or any other of her cousins.
Leni
“...the hotel heiress-cum-jailbird...
That description sums up everything notable she has ever done.”
Well done!
What an idiot. What a freaking idiot. Doesn’t know her own grandfather and how he’s going to react to all this stuff? Should have stayed in school. Should have been a serious student. Should have been a serious something.
Seems a bit odd to punish the other 11 for Paris' misdeeds.
I wonder what took him so long?
He will be sued literally to death.
The grand kids will not give up his money and wil sue and sue and sue well past his death.
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