BBC News
watch One-Minute World News
Last Updated: Thursday, 27 December 2007, 11:52 GMT
Hilton fortune to go to charity
Paris Hilton
Paris Hilton spent three weeks in jail earlier this year
The inheritance of US heiress Paris Hilton looks set to shrink dramatically after her grandfather announced plans to give most of his fortune to charity.

Hotel magnate Barron Hilton, 80, will donate 97% of his $2.3bn (1.2bn; 1.6bn euros) fortune to the Conrad N Hilton Foundation, set up by his father.

The funds come from the $20bn sale of Hilton Hotels to The Blackstone Group.

Reports have said that Mr Hilton is embarrassed by the behaviour of his granddaughter.

Ms Hilton, known for her party lifestyle, spent three weeks in jail earlier this year for violating probation in a drink driving case.

Mr Hilton will give $1.2bn immediately to a charitable trust that will eventually benefit the foundation.

The rest of the money will follow after his death.

The foundation supports projects that provide clean water in Africa, education for blind children and housing for the mentally ill.



SEE ALSO
Hilton's mansion on sale for $4m
31 Jul 07 |  Entertainment
Paris 'to sing in rock musical'
30 Jul 07 |  Entertainment
Hilton's jail stay to be examined
14 Jul 07 |  Entertainment
Blackstone buys Hilton for $26bn
04 Jul 07 |  Business
Paris Hilton released from jail
26 Jun 07 |  Entertainment



FEATURES, VIEWS, ANALYSIS
Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit

PRODUCTS & SERVICES

Americas Africa Europe Middle East South Asia Asia Pacific