Paris Hilton's Grandfather cuts inheritance to family, fortune goes to charity:

[JacquesMolay]

Sorry if this seem trashy, but I find it hilarious - at least they won't have to pay that dreadfully plebeian estate tax! Of course, she's probably got her own money, but her siblings and cousins are now going to have to go out and get jobs like the rest of us.

http://www.hollyscoop.com/paris-hilton/hilton-cuts-hiltons-inheritance_12055.aspx

And here:

http://www.idontlikeyouinthatway.com/2007/07/paris-hilton-is-broke.html

snip: "In what may be the greatest news of all time, Conrad ‘Barron’ Hilton, 79, Paris Hilton's billionaire grandfather, has cut off his entire family from their inheritance in order to donate his fortune to charitable foundations because of Paris' behavior. Paris, who was set to receive $59 million, will now receive nothing:

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."

[Tesha]

1. Next on the celebrity roundup Hilton sells out to Westin...

"Today, in a shocking turn-about, Paris Hilton announced that
she's changing her last name from Hilton to Westin, and she
will now only get falling down drunk and vomit off the
balcony of various Starwood hotel properties.

Her agent described Hilton Westin as 'especially
anxious to try her luck off the sky balconies of the Westin
Bonaventure in Los Angeles'. It's such a long shot from the
top down to the lobby level, it ought to make one hell of a
splatter! Plus those glass elevators give such great oppor-
tunities for ''exposure'', if you know what I mean..."



The lobby just prior to Westin's arrival as a guest:

[Cleita]

2. I used to go ride that glass elevator every now and then

when I needed a thrill back when I lived in LA.

[ronnykmarshall]

6. I worked at the Cal Democratic Convention there in 2002.

It's a beautiful hotel.

[ronnykmarshall]

3. tee hee!

But she'll never be "poor". She actually has made a good chunk o' cash for herself. Plus she selling her house in the Hollywood Hill for $4.5 million. She paid just a bit over $1 million for it.

But I think it's a scream that grandpappy Hilton isn't going to give any of his grandbrats a dime.

[ChairmanAgnostic]

4. why am I smiling? Is that bad of me?

after all, she was a shallow, spoiled little brat with a huge sense of entitlement, and her parents did all they could to ruin her. To that extent, it was not her fault. BUT she is an adult, and should face up to the real whirled.

[Buzz Clik]

5. I hope realizes the far reaching impacts of that decision:

1. The broacast media will lose a fortune. With the Hilton family being forced to work for a living, a constant source of pointless journalism will be lost.
   
2. There will be fewer alternative conversations in the GD forum here at DU.
   
3. Google searches for "shaved bush" will start popping up pictures of the freshly scraped face of the POTUS.

I'm not sure the old man has any idea what he has done.

[Homer Wells]

22. No Problem There!

The news media has an unending supply of idiots to choose from.

The Hilton clan and their star child, Paris, will become yesterdays news so quickly, people won't even notice they are gone.:evilgrin:

[aquart]

7. I thought this was gonna be an Onion thing. But it's true???

May I say that this is typical Hilton overkill. In his own way, he's behaving just like she is. Without thought or consideration for others. Petulant asshole. He allowed these people to be raised with the expectation of wealth and now they get NOTHING? Not even basic maintenance money? Hilton's been making money hand over fist, but these unknowns?

Serves him right if they drag him into court to be declared incompetent.

[Vincardog]

8. So Paris's talentless drunken tirades have been good for something.

[BlooInBloo]

9. Thank god for Paris news.

[Gman]

10. This pretty much makes Paris Hilton nobody in particular

She's officially a nobody.

[npincus]

11. more interesting that he cut off her whole family....

will they start selling their crap on eBay?

[Poiuyt]

12. I'll bet the family is pretty pissed off right about now

[natrat]

13. wonder if he saw her giving oral sex to that guy on the internet

[book_worm]

14. At least she does something well.

[DS1]

15. not really

not in the slightest

[Deja Q]

19. How would you know?

:rofl:

Just jivin'.

I saw the video too. She wasn't very good at it.

[tridim]

16. I hope we're witnessing the end of the Hollywood party-girl scene

Because it's just pathetic and embarrassing for our country.

Paris, I hope your partying was worth $59 million because that's the price you paid for your faux fame.

[IChing]

17. Paris......Repeat after me.....Do you want fries with that? n/t

[eggman67]

18. Nice, but let's not forget

that the family still has a billion of their own without this.

[TahitiNut]

20. Irony. Conrad Hilton died leaving most of his estate to charity and Barron contested it in court ..

... and gained a favorable ruling.

When Barron's father died in 1979, he left the bulk of his estate to the Roman Catholic Church and other charities, and almost nothing to his children. Barron contested the will because of his lifelong career of working to build the hotel company and won his lawsuit in 1988. His half-sister, Francesca, lost her case and received nothing.
http://en.wikipedia.org/wiki/Barron_Hilton

Conrad Hilton died on January 3, 1979, in Santa Monica, California, at age 91 from natural causes. He is interred at Calvary Hill Cemetery, in Dallas, Texas.

His estate founded the Conrad N. Hilton Humanitarian Prize. He left US$250,000 to each of his surviving siblings and US$10,000 to each of his nieces and nephews. Most of his assets were willed to the Roman Catholic Church and charities. However, Conrad's son, Barron, contested the will and won in 1988. The net worth of Barron and his descendants then jumped to over US$335 million.
http://en.wikipedia.org/wiki/Conrad_Hilton

[A HERETIC I AM]

21. But Barron had standing because of his work.

Paris, on the other hand......

"I am gonna sue to get my money cause i am too famous to be poor."

[ronnykmarshall]

23. Francesca is a MESS!

She's currently sueing Zsa Zsa's whacked out husband. My cousin used to hang out with Francesca in the early 1980's. He said she used to hang out in the all the punk and gay clubs back them and do a lot of drugs.

[bamacrat]

24. Wow, that just made my day better.

Thank you, and excuse my for a second while I hahahahahahahahahahah hahahahahah,.....hahahahahahah. Good for him, maybe some other billionaires will think of this before they die. Ive always heard Bill Gates is only giving his kids like 10 Million each and the rest goes to charity. I know 10 Million is a shit load but considering he is the richest man in the world 10 Million is pocket change.

[JacquesMolay]

25. They're going to have to earn it now ....

... the irony is that she has been branding herself, and making money from the ridiculous stuff she does. Her cousins and sister are SOL. They're going to have to work now. I wouldn't be surprised if one of them wanted to kill her.

[SoCalDem]

26. Although this pleases me, I have not found any article

from anything but gossip/blog sites, so maybe it's not a "done deal" just yet:)

[Progressive_In_NC]

27. Just like Gates and Buffet, he will now avoid paying a TON of taxes when he dies and the money comes

Out of all those trusts and stock accounts. That I really find interesting.