UK's Good News Division wrote:
Hilton 'pledges fortune to charity'
1 day ago
Paris Hilton's grandfather Barron Hilton has apparently said he will give about 1.2 billion dollars to charity.
According to the Associated Press, the hotel heir said in an announcement he will donate the money to the Conrad N Hilton Foundation, a charity founded by his father six decades ago.
Any such move would mean Paris Hilton losing a considerable part of her expected inheritance.
The funds will reportedly come from this year's sale of the Hilton Hotels Corp. and the pending sale of Harrah's Entertainment.
It seems the money will go into a trust but eventually will find its way to the foundation.
The charity apparently said Paris' grandfather also intends to leave the bulk of his net worth to the foundation when he dies.
At present, he is worth an estimated 2.3 billion dollars.
Jerry Oppenheimer, author of a 2006 book about the Hiltons, has said the hotel magnate is embarrassed by the behaviour of his socialite granddaughter.
The 80-year-old Hilton has never publicly commented on Oppenheimer's remarks.
Let the people dance in the streets, for the spoiled rich whore has lost her vast fortune and instead the money will be put to good works.
FYI the Charity in question goals
Charity wrote:
The Foundation generally does not encourage unsolicited proposals for funding. Instead, it identifies critical societal needs, then proactively initiates major, long-term projects with appropriate partner organizations to implement them. In accordance with Conrad N. Hilton's Last Will and Testament, the Foundation seeks to alleviate the suffering of the world's most disadvantaged, with a special emphasis on children and support for the work of the Roman Catholic Sisters. Key program areas include:
Safe Water Development
Blindness-related Services & Prevention
Housing for the Mentally Ill Homeless
Global Work of the Catholic Sisters
Early Childhood Development
Substance Abuse Prevention
Hotel & Restaurant Management Education
"A cult is a religion with no political power." -Tom Wolfe Pardon me for sounding like a dick, but I'm playing the tiniest violin in the world right now-Dalton
Let the people dance in the streets, for the spoiled rich whore has lost her vast fortune and instead the money will be put to good works.
Part of her vast fortune. She'd still have enough left - especially if you add the cash that'd have to be flowing in for merchandise - to keep partying until the sixth or seventh facelift.
She's out a billion plus dollars, second she's not on the board or and officer of the charity. Third, the rest of the family hates her.
Fourth, while there are plenty of members of the Hilton family in the charity, they don't have active control of it, and it is a non-profit organization and bound by the laws therein, this is not a dodge non-profit fund, but an actual origination that does give quite a few million dollars away each year.
Fifth, FYI she is not involved with the charity in any way, and did I mention the rest of the family hates her?
While it's not a billion dollars to Cancer research, it's not a billion dollars to a spoiled rich whore.
"A cult is a religion with no political power." -Tom Wolfe Pardon me for sounding like a dick, but I'm playing the tiniest violin in the world right now-Dalton
I've noticed this trend has been expanding lately. Namely, the Warren Buffet School of Child-Rearing: You give them a decent life growing up, a decent education, and then give them a few pennies, and donate the rest.
FireNexus wrote:Wasn't this something that was stated a while ago and proven to be false?
I think what was posted before was that he was removing her from any inheritance money completely which was shown to be false before. Now it is just a portion. Whether it's true or not, I will wait to see.
Brotherhood of the Monkey @( !.! )@ To give anything less than your best is to sacrifice the gift. ~Steve Prefontaine Aoccdrnig to rscheearch at an Elingsh uinervtisy, it deosn't mttaer in waht oredr the ltteers in a wrod are, the olny iprmoetnt tihng is taht frist and lsat ltteer are in the rghit pclae. The rset can be a toatl mses and you can sitll raed it wouthit a porbelm. Tihs is bcuseae we do not raed ervey lteter by it slef but the wrod as a wlohe.
It doesn't matter anyway, even if it's true. She has plenty of money on her own now, made from movies, her perfume lines, advertisements, etc. She doesn't need the inheritance.
Phantasee wrote:I've noticed this trend has been expanding lately. Namely, the Warren Buffet School of Child-Rearing: You give them a decent life growing up, a decent education, and then give them a few pennies, and donate the rest.
Actually, Carnegie Mellon was the first proponent of that style of raising rich kids - he didn't leave a dime to any of his, instead endowing universities, libraries, charities, etc. but it didn't matter 'cause his kids were all independently wealthy long before the old man kicked off.
A life is like a garden. Perfect moments can be had, but not preserved, except in memory.Leonard Nimoy.
Now I did a job. I got nothing but trouble since I did it, not to mention more than a few unkind words as regard to my character so let me make this abundantly clear. I do the job. And then I get paid.- Malcolm Reynolds, Captain of Serenity, which sums up my feelings regarding the lawsuit discussed here.
If a free society cannot help the many who are poor, it cannot save the few who are rich. - John F. Kennedy
Natorgator wrote:It doesn't matter anyway, even if it's true. She has plenty of money on her own now, made from movies, her perfume lines, advertisements, etc. She doesn't need the inheritance.
Well, no one needs a billion bucks, but it's sure a nice thing to have if you can get it. I hear.
73% of all statistics are made up, including this one.
Phantasee wrote:I've noticed this trend has been expanding lately. Namely, the Warren Buffet School of Child-Rearing: You give them a decent life growing up, a decent education, and then give them a few pennies, and donate the rest.
Actually, Carnegie Mellon was the first proponent of that style of raising rich kids - he didn't leave a dime to any of his, instead endowing universities, libraries, charities, etc. but it didn't matter 'cause his kids were all independently wealthy long before the old man kicked off.
Do you mean Andrew Carnegie? Or is my history way off?
Parrothead | CINC HABNAV | Black Mage In Training (Invited by Lady T)
Andrew Carnegie, yes - I confused the man with the university. Hey, I"m not perfect
A life is like a garden. Perfect moments can be had, but not preserved, except in memory.Leonard Nimoy.
Now I did a job. I got nothing but trouble since I did it, not to mention more than a few unkind words as regard to my character so let me make this abundantly clear. I do the job. And then I get paid.- Malcolm Reynolds, Captain of Serenity, which sums up my feelings regarding the lawsuit discussed here.
If a free society cannot help the many who are poor, it cannot save the few who are rich. - John F. Kennedy
Broomstick wrote:Andrew Carnegie, yes - I confused the man with the university. Hey, I"m not perfect
To be fair, Carnegie Mellon is exactly one of the universities you were talking about. It's also one of the top flight schools in the country for alot of things, due to the head start it got in its founding. It's also the reason just about every public library in Pittsburgh is a branch of the Carnegie Library. And why we've got a world famous paleonology department and fossil collection in the Carnegie Museum, which I happened to grow up loving (there is a stegosaurus named George in the Carnegie who was so named by me).
It should be also noted that the other part of the university name, Mellon (think Mellon Bank, which you'll see the name of on Pittsburgh's skyline as one of the big building complexes) was also another famous philantropist of the same stripe as Carnegie.
Even though he had some rather murky business policies and the Homestead Strike was a complete fiasco to which he was a party (along with Henry Clay Frick and indeed the steel worker strikers themselves), Carnegie was a reasonably stand up guy.
"Show me an angel and I will paint you one." - Gustav Courbet
"Quetzalcoatl, plumed serpent of the Aztecs... you are a pussy." - Stephen Colbert
"Really, I'm jealous of how much smarter than me he is. I'm not an expert on anything and he's an expert on things he knows nothing about." - Me, concerning a bullshitter
Broomstick wrote:Andrew Carnegie, yes - I confused the man with the university. Hey, I"m not perfect
Hey, no worries. I'm surprised I remembered.
As I recall, he wrote The Gospel of Wealth in which he describes how to dispose of one's money. He basically said the only worthwhile and intelligent method of doing so is by leaving it ot charities and endowments.
Of course, all off the top of my head. I could be remembering wrongly.
Parrothead | CINC HABNAV | Black Mage In Training (Invited by Lady T)
Don't worry, folks. Paris will still have enough money to keep her in cocaine for the rest of her life, however long that may be.
When ballots have fairly and constitutionally decided, there can be no successful appeal back to bullets.
—Abraham Lincoln
People pray so that God won't crush them like bugs.
—Dr. Gregory House
Oil an emergency?! It's about time, Brigadier, that the leaders of this planet of yours realised that to remain dependent upon a mineral slime simply doesn't make sense.
—The Doctor "Terror Of The Zygons" (1975)
Mr Bean wrote:Let the people dance in the streets, for the spoiled rich whore has lost her vast fortune and instead the money will be put to good works.
Why should people give a damn whether or not Paris Hilton is short $1 billion? It's not like her actions have a major effect on the lives of hundreds, thousands, or millions of people, like George W. Bush or Robert Mugabe.
Those gun nuts do not understand the meaning of "overkill," and will simply use weapon after weapon of mass destruction (WMD) until the monster is dead, or until they run out of weapons.
They have more WMD than there are monsters for us to fight. (More insanity here.)
Sidewinder wrote:
Why should people give a damn whether or not Paris Hilton is short $1 billion? It's not like her actions have a major effect on the lives of hundreds, thousands, or millions of people, like George W. Bush or Robert Mugabe.
Well see the thing is Sidewinder, the major media outlets pay as much attention to the Stupid Spoiled whore as they do to George W.Bush, more in the case of Robert Mugabe. So yes we do give a damn, because perhaps, just perhaps without the "Rich" part of the Stupid Spoiled Whore, they might shut the fuck up about here and talk about the things that actual matter for awhile.
We can only hope.
"A cult is a religion with no political power." -Tom Wolfe Pardon me for sounding like a dick, but I'm playing the tiniest violin in the world right now-Dalton
"DO YOU WORSHIP HOMOSEXUALS?" - Curtis Saxton (source) shroom is a lovely boy and i wont hear a bad word against him - LUSY-CHAN! Shit! Man, I didn't think of that! It took Shroom to properly interpret the screams of dying people - PeZook Shroom, I read out the stuff you write about us. You are an endless supply of morale down here. :p - an OWS street medic Pink Sugar Heart Attack!
Shroom Man 777 wrote:I'd rather have the elephant man.
At least he could claim to be half human.
AND Mr. Merrick was reported to be a gentleman - that is, polite, considerate of others, and well-behaved.
A life is like a garden. Perfect moments can be had, but not preserved, except in memory.Leonard Nimoy.
Now I did a job. I got nothing but trouble since I did it, not to mention more than a few unkind words as regard to my character so let me make this abundantly clear. I do the job. And then I get paid.- Malcolm Reynolds, Captain of Serenity, which sums up my feelings regarding the lawsuit discussed here.
If a free society cannot help the many who are poor, it cannot save the few who are rich. - John F. Kennedy
"
- PeZook
