Charity, Getting Hilton Fortune

Paris Hilton's grandfather Barron Hilton has announced plans to donate 97 percent of his $2.3 billion fortune to charity.

That wealth includes $1.2 billion Barron Hilton stands to earn from both the recent sale of Hilton Hotels Corp. -- started by his father Conrad in 1919 when he bought a small hotel in Cisco , Texas -- and pending sale of the world's biggest casino company, Harrah's Entertainment Inc.

Lev Leviev Moves to London

Israeli diamond and property magnate Lev Leviev will make London his home base, Israel’s Channel 2 news reports

Uzbek-born Leviev is making the move with his family to monitor personally the progress of AFI Development, the Russian property unit of Leviev’s Africa Israel Investments.

The Russian-born Israeli made his first billion in the diamond mines of Russia and Angola and currently holds the marketing rights for diamonds from Angola, the world's fifth largest producer of rough diamonds by value.

Nicolas Sarkozy under attack for flying aboard the private jet of a billionaire businessman.

FRENCH President Nicolas Sarkozy, in Egypt with new girlfriend Carla Bruni, is under attack in Paris for flying on his Christmas holiday aboard the private jet of a billionaire businessman.

Opposition political parties accused the president of compromising his office, and asked what the plastics-to-media magnate Vincent Bollore can expect in return for his generosity.

"This mixing of private and public interests damages the impartiality of the state," he said.

Torre Bicentenario

Mexico City is planning new skyscraper set to be completed as the nation celebrates its bicentennial, officials said Monday.

Crews will break ground on the 984-foot tall Torre Bicentenario later this year and the building is scheduled to be inaugurated in 2010, the year Mexico celebrates 200 years since the start of its battle for independence from Spain, the Mexican capital's government said.

The privately funded, 85-floor collection of offices, restaurants and a convention center will cost an estimated $600 million.