I don't like to give Paris much credit. It's tough to admire someones business skills who has slimed their way to the top. She has done little to contribute to society in a positive way. Like Ozy said, she is singly handedly dumbing down society. She is so much wrong with American culture, but yet is embraced like a hero. I don't see what there is to admire or commend.
Even though she has made millions of dollars and is always claiming that she did it on her own, it's not really true. Think of the giant head start she got because of her status, wealth, connections before she starting doing it on her own. To say she did it on her own and ammased her own wealth is a huge stretch.
I can understand where her grandfather is coming from. He is from a much, much different generation than Paris. When the family name and respect actually meant something. Paris has single handedly (again) tarnished the Hilton name. When people say Hilton, chances are they don't think of the nice line of international hotels. They think of this...
Booting her out of the family may not be accurate. Obviously we don't know the details of their relationship, but chances are Paris doesn't spend much time with him. Just because you have the family name entitles you to 60 million dollars? I hardly think so. She has done nothing to help the Hilton hotel chain, in fact her actions have only been damaging to the name. As I stated above. This should be a wake up call for Paris, but sadly I doubt it will change much. The life she lives will likely go no where but down.