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"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. The money will go to the Conrad N. Hilton Foundation, the charity set up in the name of the founder of the family business. » Article here
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