Barron Hilton to donate most of fortune


Hotel magnate Barron Hilton, grandfather of heiress Paris Hilton, has bequeathed 97% of his estimated $2.3-billion net worth to his father's charity foundation, officials said Wednesday.

The contribution to the Conrad N. Hilton Foundation, to come from the sale of Hilton Hotels Corp. and the pending sale of Harrah's Entertainment Inc. after the money is placed in a trust, is the largest in the foundation's history and will bring its value to about $4.5 billion.

Barron Hilton, 80, pledged an immediate $1.2-billion donation to the foundation, with an estimated $1.1 billion to follow after his death.

Paris Hilton, the most famous of Barron's 23 grandchildren, could not be reached for comment.

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