The other Hilton

Before Paris came along,.. when someone said Hilton you probably thought about Hotels,.. not a blond Hotel Heiress. Well today I want you to forget about Paris and introduce you to Barron. Not because he’s a socialite and not because he’s in all the gossip magazines,.. but because he’s a philanthropist. >

“The Conrad N. Hilton Foundation has announced that its Chairman, Barron Hilton, is building on the philanthropic legacy of his father by contributing approximately $1.2 billion of proceeds from the sale of Hilton Hotels Corporation and the pending sale of Harrah’s Entertainment into a charitable remainder unitrust that will eventually benefit the foundation. This brings the total value of the Hilton Foundation and its related charitable entities to approximately $4.5 billion.”

 

I should also mention that Barron plans to follow in his father’s footsteps by contributing 97% of his entire net worth, estimated today at $2.3 billion, including the created trusts, at whatever value it is at the time of his passing. Well done Sir.

 

Via > FoxBusiness

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