Hilton fortune to go to charity

[AtW]

Hilton fortune to go to charity

The inheritance of US heiress Paris Hilton looks set to shrink dramatically after her grandfather announced plans to give most of his fortune to charity.

[b]Hotel magnate Barron Hilton, 80, will donate 97% of his $2.3bn[b] (£1.2bn; 1.6bn euros) fortune to the Conrad N Hilton Foundation, set up by his father.

The funds come from the $20bn sale of Hilton Hotels to The Blackstone Group.

Reports have said that Mr Hilton is embarrassed by the behaviour of his granddaughter.

Ms Hilton, known for her party lifestyle (AtW's comment: no, she is actually known for movie career...), spent three weeks in jail earlier this year for violating probation in a drink driving case.

Mr Hilton will give $1.2bn immediately to a charitable trust that will eventually benefit the foundation.

The rest of the money will follow after his death.

The foundation supports projects that provide clean water in Africa, education for blind children and housing for the mentally ill.

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Good news!

[thunderlizard]

I'll look after her if she needs it. I'm not letting her drive though. Or use the camera.

[2uk]

that is it , I am not marrying Paris anymore.

[Diver]

The foundation supports projects that provide clean water in Africa, education for blind children and housing for the mentally ill.


At Least AtW, Sasguru, Bagpuss, Troll etc. will have a roof over their heads

[sasguru]

The foundation supports projects that provide clean water in Africa, education for blind children and housing for the mentally ill.


At Least AtW, Sasguru, Bagpuss, Troll etc. will have a roof over their heads

Oi who you calling a nutter, gibber gibber ...Nurse!! where's my meds

[oracleslave]

So that leaves Paris with around $700 million to play with? Shame poor thing.

[Churchill]

So that leaves Paris with around $700 million to play with? Shame poor thing.

Hotel magnate Barron Hilton, 80, will donate 97% of his $2.3bn (£1.2bn; 1.6bn euros) fortune to the Conrad N Hilton Foundation, set up by his father.

Are we talking US Billions or UK Billions?

If it's UK Billions, your maffs is rather suss!

[sasguru]

Hotel magnate Barron Hilton, 80, will donate 97% of his $2.3bn (£1.2bn; 1.6bn euros) fortune to the Conrad N Hilton Foundation, set up by his father.

Are we talking US Billions or UK Billions?

If it's UK Billions, your maffs is rather suss!

Which century are you from? It's all been standardised now. A billion is a thousand million.

[Churchill]

Which century are you from? It's all been standardised now. A billion is a thousand million.

OK, is $700 million 3% of $2.3 billion?

No, it isn't. My point was that the figures don't add up.

Anyway, shouldn't you be getting your boyfriend's lunch ready?