Paris Hilton's Fortune Pledged To Charity

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Film Famous - January 2008

Paris Hilton's Fortune Pledged To Charity

January 3rd 2008 09:14

Barron Hilton, chairman of the Conrad N.Hilton Foundation and grandfather of hotel heiress Paris Hilton, announnced on Wednesday " to contribute 97 percent of his entire net worth, estimated today at $2.3 billion, including the created trusts,at whatever value it is at the time of his passing," the foundation statement said.

That fortune includes $1.2 billon Barron Hilton stands to earn from the sale of Hilton Hotels Corporation and the pending sale of Harrah's Entertainment Inc., One of the world's biggest casino company.

If Paris' grandfather's plans will be carried through, the eventual beneficiary will be the Conrad N.Hilton Foundation, the foundation that sopport projects that provide clean water in Africa, education or blind children and, and housing for the mentally ill

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Posted By: Shem C. Tayanes Jr. - Category: No Category

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Comment by Harry

January 7th 2008 01:22

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I don't think she'll be short of a buck though. She got paid 1M for a NYE appearance at a nightclub!

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