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.




SOURCE

You know Conrad Hilton never intended any of his kids to inherit as much as they did.

http://pantagraph.com/articles/2007/07/31/freetime/doc46af823c40e36708917571.txt

Today her house is up for sale. Coincidence?

this is likely a bogus story, considering barron hilton got his money from contesting the fact that conrad wanted to give most of it away, i honestly have a hard time believing this, especially since the us media would be falling all over itself to talk about this.

TMZ reported yesterday that it was a rumor. Maybe it's just another publicity stunt to keep us focused on the reality show that is Paris Hilton.

Quote:

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Paris Not Being Locked Out of Hotel Fortune

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Hotel heiress Paris Hilton doesn't need to worry about family patriarch and precious grandad Barron Hilton cutting her out of his will.

A story published in the UK said the ex-con party princess was in jeopardy of losing her mega-inheritance because sullying the family reputation, saying that grandpa was cutting her out of the will. TMZ has confirmed that's baloney.

After the socialite was sprung from the klink, she spent a few days at grandpa Hilton's family compound in Beverly Hills. It's rumored that Paris stands to inherit somewhere in the neighborhood of $30 million."

TMZ