Paris Hilton is out $60 million

Paris Hilton’s grandfather, Barron Hilton, has had it with Paris’ antics. Barron was displeased with the Paris sex tape and now, after her 23 day stay in jail, Barron has taken away her $60 million inheritance.

“He was, and is, extremely embarrassed by how the Hilton name has been sullied by Paris,” says Jerry Oppenheimer, who wrote a biography of the clan called House Of Hilton.

“He now doesn’t want to leave unearned wealth to his family.”

Hilton senior, the only member of the family left with a sizeable stake in the huge hotel chain, has let it be known that he intends to donate to charity the $2.4bn he will gain from this month’s sale of the company to private equity firm Blackstone.

$2.4 billion to his own charity, but it’s a start. He could have said he was going to use it to design a rocket to launch orphans into outer space and, as long as Paris Hilton didn’t see one cent, I still would have been happy.