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Paris Hilton has been disinherited by grandpa Barron Hilton. According to reports, after Paris’s stint in jail earlier this year, the hotel magnet became so mortified by her behavior that he has cut her out of his $2.3 billion will.

As we reported earlier this week, Barron Hilton announced that the bulk of his fortune (a whopping 97%) will go to the Conrad N. Hilton Foundation to benefit various charities.

Paris has said she is a business woman and doesn’t live off her inheritance, so now she will have the opportunity to put her money where her mouth is.

I don’t believe grandpa Hilton’s actions have anything to do with Paris Hilton’s shenanigans of late. This is a case of the media making mountains out of molehills. It’s not like Paris will be living on the streets.