Paris Pickpocketed of Millions by Generous Granddad

Thu., Dec. 27, 2007 9:37 AM PST by

Paris Hilton Jean Baptiste Lacroix/WireImage.com

Now we know why Paris may have been going to Africa a couple of months back—she was hoping to find some of her inheritance.

People reports the heiress, who was in line to score a $100 million payday, will only get a paltry $5 million because her granddad Conrad is giving 97 percent of his $2.3 billion hotel fortune to a charitable foundation benefiting the homeless and providing water for folks in developing countries. Does that mean there will be shopping carts jamming the hallways of every Hilton? Stay tuned.

Kudos to generous Conrad, though, and condolences to Paris. But somehow we feel she’ll be all right.

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