Poetic Justice - Paris Hilton and her Grandfather
Schadenfreude at its finest. From
news.com.au:
Paris Hilton loses inheritance
Party princess Paris Hilton is $60 million out of pocket after her billionaire grandfather - appalled by her jail term for drink-driving offences - axed her inheritance.
Family patriarch Barron Hilton was already embarrassed by his granddaughter's wild behaviour - notably when her home sex video was leaked on the internet.
But the 79-year-old considered her 23-day sentence last month the last straw.
"He was, and is, extremely embarrassed by how the Hilton name has been sullied by Paris," says Jerry Oppenheimer, who wrote a biography of the clan called House Of Hilton.
"He now doesn't want to leave unearned wealth to his family."
Hilton senior, the only member of the family left with a sizeable stake in the huge hotel chain, has let it be known that he intends to donate to charity the $2.4bn 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.
Some serious wailing and gnashing of teeth going on at the P. Hilton digs tonight to be sure... Good on Barron to have the stones to do this. The Hilton name was a major icon up through the 1980's but Paris' parents and Paris have succeeded in making it a laughingstock. Famous for being famous.
Posted by DaveH at July 30, 2007 11:40 PM