Paris Hilton’s behavior has appalled her grandfather and head of the Hilton clan, Barron Hilton, that he has cut off her ?25 million inheritance.
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 ?1 billion 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.
The 79-year-old patriarch is said to have told his high-living family that he is cutting Paris loose and for good measure his other 11 grandchildren, too, none of whom will now benefit from the windfall. Instead, he is determined to carry on the family tradition for philanthropy.
“He was, and is, extremely embarrassed by how the Hilton name has been sullied by Paris,” says Jerry Oppenheimer, the author of House Of Hilton, the biography of the clan. “He doesn’t want to leave unearned wealth to his family.”
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