Paris Hilton's grandfather, Baron Hilton, has announced that he will be giving 97% of his 2.3 Billion Dollar fortune to Charity.
"Barron Hilton, the 80-year-old son of the founder of the worldwide hotel chain that carries the family name, has earmarked 97 percent of his vast fortune – nearly $2.3 billion – to the Conrad N. Hilton Foundation, to help the homeless with housing, find safe water in developing countries and assist other good causes around the world, it has been announced.
To Barron's heirs – who include Paris – will go the remaining three percent: some $69 million, which is said to be taxable."
Baron's father Conrad Hilton did the same thing with his fortune and Baron claims he is "proud to follow my father's example". The remaining 69 million will be split between Baron's eight children and many grandchildren.
2 comments:
Good for him..I wish he would give a wee mill to the JM foundation
Doesn't leave much for Nikki and Paris at all does it? Unfortunately she has made a tonne of cash already from her name so this will not assist in getting rid of her.
Post a Comment