Heiress Paris Hilton just lost more than two billion dollars....Or at least that's the way it seems. Paris's grandfather Barron Hilton says that he now plans to donate most of his fortune to charity.The elder Hilton recently sold the Hilton Hotels chain which was started by his father Conrad

 almost 90 years ago.

Rapper Jay Z says he's stepping down as President of Def Jam records. Thirty eight year old Jay Z has been the Label's Chief for the last 2 years. During that time he's signed acts that have included R&B singers Rihanna and  Ne-Yo.

"I am Legend" star Will Smith has clarified comments he made about Adolf Hitler to a Scottish paper. And a Jewish group says it accepts Smith's statement that he never praised the German leader. Smith has now described Hitler as a "vicious killer".

Actor Brendan Fraser will soon be a single man again. The 39 year old says he and his wife are ending their nine year marriage. The couple wed in 1998 and have three children.