Paris Hilton

I remember when one of Paris Hilton's entourage called someone "poor" for only having about $5 million or so and now it looks like Paris will be the "Tiny Tim" of our day after being cut out of her Grandaddy Warbucks will. He's giving most of his money to charity. When interviewed, I said "Ha Ha Ha."

Hotel magnate Barron Hilton announced yesterday that he's leaving 97% of his wealth to charity, dramatically cutting the fortune his children and grandkids will get.

That means granddaughter Paris Hilton, who once stood to inherit $100 million or more by some accounts, could end up with a measly $5 million or so.

"The whole family will be devastated, particularly [Paris' mom] Kathy," a pal of the clan told the Daily News last night.

"Some of them could be likely to contest the will - it'll be in the courts longer than Anna Nicole Smith versus J. Howard Marshall."

Source

You've got to hand it to the old guy. He made his money by working hard his whole life and then saw that most of his family was a bunch of snobbish brats. On the downside, this means we'll have to keep seeing Paris be a media whore to get money for the rest of her life. I know...that's a significant downside.

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Category Flagged: Celebrity News