Former star of reality show The Simple Life, Paris Hilton has officially been demoted filthy rich heiress to rich bitch, thanks to her grandfather, Barron Hilton.
Granddaddy Hilton, age 80, has earmarked 97 percent of his fortune to go to the Conrad N. Hilton foundation. The foundation will assist in aiding causes around the world.
And the remaining 3 percent, which is around $69 million, will go to Barron’s heirs. After taxes, Paris is looking at $5 million. Don’t you feel for her? Barron Hilton is the son of the founder of the Hilton Hotel chain.
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