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Paris set to lose a fortune
27/12/2007 21:26  - (SA)  

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  • Los Angeles - Paris Hilton's grandfather will hand over 97% of his $2.3bn fortune to charities when he dies.

    Barron Hilton has overlooked his 23 grandchildren - including Paris and sister Nicky - and bequeathed 97% of his estimated $2.3bn fortune to his father's charity - the Conrad N. Hilton Foundation.

    In a statement released on Wednesday, the charity's chief executive officer Steven Hilton commented: "This generous donation means that the work of the foundation will continue and expand for many years to come."

    Barron made an immediate donation of $1.2bn to the foundation, and the other $1.1bn will follow upon his death.

    Paris, 26, has so far refused to comment on her grandfather's decision. She is currently enjoying a short break in Hawaii.

    Meanwhile, Paris has revealed she only has one wish for 2008 - a new man in her life.

    Paris - who recently split from pizza delivery boy Alex Vaggo amid claims he was "too shy" - told reporters she wanted "a new boyfriend" when asked about her New Year's resolutions.

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