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The Hiltons -- We Can Explain Our $10 Million Move!

6/7/2011 2:15 PM PDT BY TMZ STAFF

FEAR NOT -- the Hilton family is NOT poor ... in fact, Paris' parents tell TMZ the fact they can take a $10 million equity line out of their Bel Air mansion shows they've still got TONS of cash.
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TMZ broke the story -- Rick and Kathy Hilton got approval for a $10 million credit line last month ... and we all wondered why the hell such a super-rich family would need the extra dough.

But yesterday at LAX. they explained the whole thing -- saying, "You do these things for investment purposes." Rick says the move is a "good thing" ... because, "That means we have a lot of equity in our home."

58 COMMENTS

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1.

writenow    

The only problem being no amount of money makes up for Paris's gigantic mental problems.

1132 days ago
2.

LaPhotographer    

Who ******* cares!!!! All the Hiltons can go away. Their so worried people might think they're not super rich???? Maybe they should worry that people might think they're super...Garbage!

1132 days ago
3.

Wrath    

The acorn does not fall from the tree they say... Sense of entitlement ? Check. Born on third base ? Check. Anti-intellectual ? Check. What a couple o' knuckleheads.

1132 days ago
4.

Kathy    

Doesn't make sense. Lying?

1132 days ago
5.

Jackie    

Thank gud....that his grands moved to the USA long time ago. They wouldn't show off like that here. People here we are on the same level. there is no rich or poor. In fact the rich people don't brag about it here. Adios!

1132 days ago
6.

Puckett    

"and we all wondered why the hell such a super-rich family would need the extra dough."

Not surprising. I wonder how some of TMZ's "staff writers" tie their shoes in the morning and pay their bills come the end of the month, so it's no surprise they're clueless about managing wealth and growing it. Probably why they will die poor and the Hiltons won't too.

1132 days ago
7.

Puckett    

@ Kathy, lol doesn't make sense to who? People who have no clue about how to manage their wealth and grow it for the future?

1132 days ago
8.

SNAFU    

Rich people don't risk their own money.

1132 days ago
9.

Sandra     

What a useless and pathetic pair!!

1132 days ago
10.

en Todo Momento!!    

yeah, they probly got a ton of cash, but surely, pari******on is busy burning it out the back yard window. i mean that woman is all over the place. all them plane tickets, events and rides are not free, i'm sure. the neighbors probly think they are just burnig leaves or something.

1132 days ago
11.

Puckett    

en Todo Momento!! 4 minutes ago
yeah, they probly got a ton of cash, but surely, pari******on is busy burning it out the back yard window. i mean that woman is all over the place. all them plane tickets, events and rides are not free, i'm sure. the neighbors probly think they are just burnig leaves or something.

------

I guess you missed the memo. Paris is independently wealthy beyond your wildest dreams. If you buy the dumb blonde act it's you that is dumb. Bitch is smart as a fox and rolling in her own dough.

1132 days ago
12.

Evan Benz    

I like Ricky Hilton. He totally knocked up Kathy a few times. Raised some really smart and intelligent children. And on top of all of that . . . he just gave his house back to the bank for some fast cash.

I see where Paris gets her beauty from. And also where she get her brains from.

Just a wonderful family !!!

Viva La HILTON !!!!!!!
R.I.P. Tinkerbell

P.S.
O.J. Simpson is innocent.

P.S.S.
George W. Bush was the greatest president this country has ever had.

1132 days ago
13.

Puckett    

Or i should have said Paris a crazy like a fox, meaning she comes across as a ditzy trust fund baby but is actully shrewd and cunning about earning, literally, tons of money on her own.

1132 days ago
14.

me    

An excuse for a total MORON who believes a useless MORON.When you are born rich ,it does not nessarily give you brains....

1132 days ago
15.

Puckett    

me less than a minute ago
An excuse for a total MORON who believes a useless MORON.When you are born rich ,it does not nessarily give you brains....

----

lol, apparently when you are NOT born rich, it doesn't 'nessarily' give you brains either...

1132 days ago
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