paris must be well pissed off

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skyblue

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Barron Hilton, Hotel Magnate, to Leave $2.3 Billion to Charity

Thursday , December 27, 2007




LOS ANGELES — Hotel magnate Barron Hilton will give $2.3 billion, the bulk of his fortune, to charity, officials said Wednesday.

Hilton, the 80-year-old grandfather of Paris Hilton, bequeathed the money to the Conrad N. Hilton Foundation, a charity founded by his father in 1944.

"We are all exceedingly proud and grateful for this extraordinary commitment," Hilton's son Steven M. Hilton, president and chief executive of the foundation, said in a statement.

"Working to alleviate human suffering around the globe, regardless of race, religion or geography, is the mandate of the foundation set by my grandfather ... and now reinforced by my father."

The funds will partly come from the sale of the Hilton Hotels Corp. to The Blackstone Group.

The money will go into a trust but eventually will find its way to the foundation. Hilton, the chairman of the foundation, pledged an immediate $1.2-billion donation to the charity, with an estimated $1.1 billion to follow after his death.

Hilton had indicated at a recent board meeting that he would follow in his father's footstep by leaving nearly all of his fortune to the trust when he died in 1979.

The charity has distributed more than $560 million for programs that house mentally ill homeless people, prevent substance abuse and increase access to safe water in Africa and Mexico. A significant portion of the money helps the work of Catholic Sisters
 
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COOL_BREEZE2

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Well it's a magnanimous gesture no doubt, and one to be commended. If I read that article correctly he's following the example set by his grandfather. And it didn't stop his family from accumulating their fortunes so I doubt very much it will affect Paris's fortune and/or that of her parents. Those guys are pretty well set as it is.
 

Ria

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There was something about her father being so disgusted with her anyway, so wasn't she dis-inherited or something? Or maybe the fact that she is so spoilt she is still allowed her ample 'allowance'.

I doubt she will 'suffer' at all.
 

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She makes her own money, but it's not enough to support her lifestyle...you gotta beleive that she still uses daddy's credit card...hell, she and her sister are both "vacationing", or "siphoning" with mommy and daddy in Maui this week.
 

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She makes her own money, but it's not enough to support her lifestyle...you gotta beleive that she still uses daddy's credit card...hell, she and her sister are both "vacationing", or "siphoning" with mommy and daddy in Maui this week.

She makes a lot of money from her appearances, plus her numerous business ventures.
 

hubersrj

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right, but even those won't last forever...and if she can't afford to go out and party it up everynight, she'll lose popularity and then she'll lose her appearance-paying gigs...then, she'll have to settle for one of us middle-class blokes, lol!!!!
 

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right, but even those won't last forever...and if she can't afford to go out and party it up everynight, she'll lose popularity and then she'll lose her appearance-paying gigs...then, she'll have to settle for one of us middle-class blokes, lol!!!!

I take it that you hate the girl for some reason, and no matter what your told, you will always believe that she is going broke.


Fact is, she is rich now off her own money, and will continue to live that way. Whether we like it or not. She can always sell something using her name. Her name is worth millions alone.
 

hubersrj

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I take it that you hate the girl for some reason, and no matter what your told, you will always believe that she is going broke.


Fact is, she is rich now off her own money, and will continue to live that way. Whether we like it or not. She can always sell something using her name. Her name is worth millions alone.

I don't hate her at all, I'm just looking at how she's wasting her life away. What I'm getting at is the lifestyle that she's living right now costs 10's of thousands of dollars a day. She may get well compensated for opening a new club or whatever, but even the queen of night-vision will get bored doing that. Her acting is piss-poor, so that'll wash up as soon as she loses that cute figure. You can only produce so much perfume...unless you're ELizabeth Taylor appearantly.

Money-trees die unless you have something to water them with...something sellable...she's losing her sell-ability already in the states, which is why she's constantly going overseas. She's still "New" to some places. And as with all people that are "famous for being famous" she'll have to settle for a semi-obscure lifestyle, showing up every now and again...maybe on a Discovery Channel documentary?????
 

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You're forgetting that she also own the Hilton business after her dad dies. That's some good money.
 

hubersrj

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her dad doesn't even own it yet...Barron has to die first...but the way he's heading, he'd sell the chain then give his money to some freaking tree-hugger group.
 

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I don't hate her at all, I'm just looking at how she's wasting her life away. What I'm getting at is the lifestyle that she's living right now costs 10's of thousands of dollars a day. She may get well compensated for opening a new club or whatever, but even the queen of night-vision will get bored doing that. Her acting is piss-poor, so that'll wash up as soon as she loses that cute figure. You can only produce so much perfume...unless you're ELizabeth Taylor appearantly.

Money-trees die unless you have something to water them with...something sellable...she's losing her sell-ability already in the states, which is why she's constantly going overseas. She's still "New" to some places. And as with all people that are "famous for being famous" she'll have to settle for a semi-obscure lifestyle, showing up every now and again...maybe on a Discovery Channel documentary?????

You don't hate her? Could've fooled me..

Her lifestyle doesn't cost 10's of thousands a day, where did you get that from? She's a A-Class celebrity, they get 90% of everything for free. Plus she only goes to places which are paying her, or which are promoting a business venture of her's.

Her marketability here in the US is still top notch. You could attach her name to any product and it will sell purely because of her name.

She famous for being rich. Being famous for being famous makes no sense. Right now she has ever opportunity to create wealth and she is taking advantage of it. Don't think for a second that she thinks she doesn't need to make money to maintain her status.
 

hubersrj

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You don't hate her? Could've fooled me..

Her lifestyle doesn't cost 10's of thousands a day, where did you get that from? She's a A-Class celebrity, they get 90% of everything for free. Plus she only goes to places which are paying her, or which are promoting a business venture of her's.

Her marketability here in the US is still top notch. You could attach her name to any product and it will sell purely because of her name.

She famous for being rich. Being famous for being famous makes no sense. Right now she has ever opportunity to create wealth and she is taking advantage of it. Don't think for a second that she thinks she doesn't need to make money to maintain her status.

:wtf:
She started off being famous for being rich, now she's just as I said, famous for being famous...there are several other spoiled rich girls that are famous for being rich, but no one's exploited it quite as well as Paris has.

I'm not sure why you think I hate her, I have no hate in my heart for her. I think she's an attention whore, but when everything is just given to you, you sometimes feel the need to make yourself stand out.

I think you're typing faster than you're thinking: I do think she needs to make money to maintain her status...she's not an "A" list celebrity. That title is more reserved for the likes of Julia Roberts, Halle Berry, Tom Hanks, Steven Speilberg and the like. I think she's very popular and can be very charismatic...it's too bad she didn't actually use her money, or her daddy's money, and get herself an education. Not so much for the degree itself, but for removing her ignorant stigmata.
 
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