The Chronicle of Philanthropy

Hotel Mogul Leaves Billions to Charity

In what could well be one of the most generous bequests of the decade, Leona M. Helmsley has left much of her estate — worth billions of dollars — to a charitable trust.

Ms. Helmsley, head of the Helmsley Hotel Chain, died last month of heart failure. Her estate is estimated to be worth between $4-billion and...

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