Barron Hilton may well have put a crimp in the party lifestyle of his famous granddaughter Paris — and in the plans of his 22 other grandchildren — when he announced last week that he would donate nearly all of his $2.3 billion fortune to the Hilton family foundation. The huge charitable gift includes $1.2 [...]

The Hilton family patriarch, Barron Hilton, will pass on the $1.2 billion windfall from the sale of Hilton Hotels Corporation - not to his famous progeny, but to his family’s philanthropic foundation, Fortune has learned.
Barron Hilton’s donation will effectively double the size of the Conrad N. Hilton Foundation, named after Barron’s father, the man who [...]

News Corp, the global media empire headed by Rupert Murdoch, usually does its political homework before investing in a new market. But its recent intervention in Georgia, the former Soviet republic caught in the crossfire between a resurgent Russia and the west, looks like getting the group involved in a Caucasian hornets’ nest.
Smouldering Russian-Georgian tensions [...]

billionaire Georgian businessman, who is financing growing public opposition to President Mikheil Saakashvili, has turned to Rupert Murdoch, chairman of global media group News Corp, in an effort to protect the editorial independence of his television station.Badri Patarkatsishvili announced on Wednesday that he was selling a controlling stake in Imedi, Georgia’s biggest privately owned broadcaster, [...]

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Mithibai Motiram Kundnani College of Commerce & Economics, [...]