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Paris Hilton better brush up on the finer points of budgeting. Her mega-rich grandfather, Barron Hilton, is donating 97 percent of his $2.3 billion fortune to charity.
The money will benefit the Conrad N. Hilton Foundation, which funds projects that provide clean water in Africa, education for blind children, and housing for the mentally ill. Hilton’s donation will raise the foundation’s its total value to about $4.5 billion.
Insiders say the Paris’s behavior is the reasoning behind her grandfather’s decision, as sources close to the family say Hilton is embarrassed by his granddaughter’s lifestyle and believe she has given the Hilton name a bad rep.
