PARTY princess Paris Hilton is $60 million out of pocket after
her billionaire grandfather - appalled by her jail term for
drink-driving offenses - axed her inheritance.
Family patriarch Barron Hilton was already embarrassed by his
granddaughter's wild behavior - 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 sizable
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.
No comments:
Post a Comment