PARIS LOSES FAMILY FORTUNE
Posted Monday, July 30th, 2007 at 6:46 am
Filed under: Paris Hilton
It appears Paris Hilton’s party girl lifestyle and attention-seeking publicity stunts have cost her the $51 million fortune her grandfather had set aside for her.
Disgusted by her behaviour, Paris’ grandfather and head of the Hilton clan, Baron Hilton, has cut off her inheritance.
According to the Daily Mail, Jerry Oppenheimer, author of ‘House of Hilton’, Conrad ‘Barron’ Hilton, co-chairman of the global Hilton chain, will now leave his fortune to charity.
Oppenheimer says: “He was, and is, extremely embarrassed by how the Hilton name has been sullied by Paris. He now doesn’t want to leave unearned wealth to his family.”
Unlucky for Paris, granddaddy just cashed in on $2.0 billion after selling a large part of his Hilton share to equity firm Blackstone.
But don’t feel too bad for Paris — Forbes predicts the former felon will quadruple her estimated $8.0 million personal fortune this year.
July 30th, 2007 at 7:03 am
that’s awesome! too bad she still gets paid for being an attention-seeking whore.
July 30th, 2007 at 7:07 am
if it’s true, FABULOUS.
But the Whore-ess makes plenty on her own now, so only the embarrassment of this will affect her.
she says she made 200 mil last year, which is a crock of shit, but she still made nice cash.
July 30th, 2007 at 7:10 am
She may have lost her inheritance, but being spit on by your own grandfather who basically thinks you’re trash and that you are also trashing the family name is the TRUE slap in the face she deserves.
July 30th, 2007 at 7:12 am
Such a load of crap - after she got out of jail it was her grandfathers house she went to stay at - they’re a very close family & considering conrad hilton [her great grandfather] left all his fortune to a catholic church or something & paris grandfather & his brothers initiated a huge court case to win it back - which they did, so i doubt he’d do the same to his own grandchildren …. besides, her dad has his own $350M fortune sos he’s nvr gonna be strapped for cash even if she doesn’t get any of her grandfathers billions.
July 30th, 2007 at 7:38 am
owned
July 30th, 2007 at 7:40 am
At least there’s one person in that family with a brain…
July 30th, 2007 at 8:10 am
me: when she got out of jail she went to her PARENTS’ house….and they aren’t as well off as you think.
July 30th, 2007 at 8:13 am
good
July 30th, 2007 at 8:15 am
man that would be hilarious if its true! and that’s a big chunk of change to loose out on! Good for grandpa Hilton!!!!
July 30th, 2007 at 8:31 am
Grampa Hilton, you can adopt me!!! I’m a good girl!
July 30th, 2007 at 8:36 am
It’s totally believable. The man is damn near 100 years old - newsflash - people from HIS generation do NOT take kindly to the shit these panti-less media whores do for fame and a dollar.
July 30th, 2007 at 9:06 am
Ha.. according to Brandon Davis, she’s POOR now.. remember him telling LiLo she was poor b/c she only had 7 mil or something like that?? HA!
July 30th, 2007 at 11:47 am
Well Brandon Davis is poor too. Same thing happened to him except he doesn’t make his own money.
July 30th, 2007 at 1:49 pm
ashahahahahaha i love it
July 30th, 2007 at 3:29 pm
I don’t think money will ever be a huge issue for Paris. She knows how to work the press and she doesn’t really need her inheritance when she’s raking in millions of her own each year. I kind of doubt that her grandfather would leave her out of it though, a lot of times these big wealthy families like to stick to tradition and let the wealth stick to the family, even if it is undeserving. It would definately teach her a lesson if he did take it off her though! God forbid she might have to start shopping at Wal-Mart…the place where they make walls!
July 30th, 2007 at 10:18 pm
TMZ confirmed that this is a bullshit story.
…and me: I stand corrected. It WAS her grandparent’s house, not Rick and Kathy’s House.