Don't know if he was intentionally or not, Barron Hilton, Paris Hilton's 80-year-old grandfather, announced plans to donate 97 percent of his $2.3 billion fortune to charity when his son Rick Hilton took the whole family to vacate at the island of Maui in Hawaii.
Senior Hilton's donation including $1.2 billion Mr. Hilton stands to earn from the recent sale of the Hilton Hotels Corporation and the pending sale of the world’s biggest casino company, Harrah’s Entertainment Inc, sharply diminished the granddaughter's potential inheritance.
That money will be placed in a charitable trust that will eventually benefit the Conrad N. Hilton Foundation established in 1944 by Conrad Hilton, raising its total value to about $4.5 billion. Source: Reuters #Tags: paris hilton, inheritace fortune, charity, barron hilton, conrad hilton
