Yesterday, her granddaddy, Barron Hilton, announced yesterday that he will donate 97% of his $2.3 Billion fortune to charity. This includes all created trusts.
That money will be placed in a charitable trust that will eventually benefit the Conrad N. Hilton Foundation, raising its total value to about $4.5 billion. The foundation will help the homeless with housing and finding safe water. It will also help in developing countries.
Source: reuters
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