Thursday, December 27, 2007
Barron Hilton To Donate 97% Of Wealth To Conrad Hilton Foundation- Paris Hilton To Become Poor?
In Seattle, Washington, Michele Kristen Anderson and her boyfriend, Joseph Thomas McEnroe, apparently shot and killed Michele's mother and five other family members on Christmas Eve over a dispute concerning money. The dead include Michele Anderson's father and mother, Wayne Scott Anderson and Judy Anderson. Also killed were Scott Anderson (Michele's brother) and his wife, Erica; and their two children, Olivia (6) and Nathan (3). Needless deaths all because of money...
Money can be a source of evil, but it can also help a lot of needy people. For example, Barron Hilton donated 2.3 billion dollars to charity. As a result, the tabloids are reporting that Paris Hilton's future wealth may take a serious nose dive. Don't count on it. Despite Barron Hilton announcing on Wednesday that he would be giving 97 percent of his $2.3 billion fortune to the Conrad N. Hilton Foundation, that will not leave Ms. Hilton without options. While Paris may have inherited a $30 million windfall in the absence of this charitable donation, there remains about $130 million left for the family. Furthermore, Paris has her own business and investment interests. Paris will be fine with or without Grampa's money. In fact, this may motivate and inspire Paris to great accomplishments (including future employment with Conrad N. Hilton Foundation.
Grandpa Barron was allegedly "embarrassed" by Paris' behavior. If that is true, then he might also be pleasantly surprised that since her DWI she has taken some steps to improve herself both in and out of the board room. Will Paris Hilton ever be perfect? No. No one ever is. Will Paris embarrass her family again in the future or will she be a decent citizen and amass her own wealth and charitable foundations? That is up to Paris, but with her looks and knack for business, don't bet too much against her.