• Home
  • BUSINESS
  • ECONOMY
  • FINANCE
  • LIFESTYLE
  • MILLIONAIRE STORY
  • REAL ESTATE
  • TRAVEL
No Result
View All Result
MILLIONAIRE | Your Gateway to Lifestyle and Business
  • Home
  • BUSINESS
  • ECONOMY
  • FINANCE
  • LIFESTYLE
  • MILLIONAIRE STORY
  • REAL ESTATE
  • TRAVEL
No Result
View All Result
MILLIONAIRE | Your Gateway to Lifestyle and Business
No Result
View All Result
Home LIFESTYLE

Paris Hilton’s nonprofit aids female owners after LA wildfires

April 1, 2025
in LIFESTYLE, MILLIONAIRE STORY
Paris Hilton’s nonprofit aids female owners after LA wildfires

AP Photo/Mariam Zuhaib

Grants lift women as Paris Hilton’s nonprofit steps in to rescue female business owners devastated by Los Angeles wildfires. On March 31, 2025, Fortune reported that 11:11 Media Impact, alongside GoFundMe.org, began distributing $25,000 grants to 50 women whose livelihoods burned in the Eaton Fire. This blaze, detailed by ABC News, razed Altadena’s dreams—like Annisa Faquir’s Little Red Hen Coffee Shop—leaving entrepreneurs reeling. For affluent investors, grants lift women as a signal of resilience, offering both humanitarian aid and economic ripple effects worth watching.

You might also like

The Surprising Ways Bola Sol Makes Finance Simple for Everyone

The Untold Side of NIL: Why Steven Simmons Puts Education Before Earnings

Why BiotechBeauty® Could Be the Breakthrough That Changes Cosmetics Forever

The Eaton Fire struck hard. Ignited March 25, per Yahoo, it torched 1,800 businesses across Eaton and Palisades zones, per Los Angeles County’s Economic Development Corporation, erasing $1.4 billion in annual sales. Faquir, who ran her diner with her mother, Barbara Shay, told Fortune, “It’s ashes—I forget sometimes.” Her shop, a 50-year legacy, served shrimp and grits until flames claimed it. Grants lift women like Faquir, whose $25,000 award, per ABC News March 31, funds a rebuild—$10,000 for equipment, $15,000 for rent, per estimates.

Hilton’s role stands out. After losing her Malibu home in the Palisades Fire, per People January 9, she donated $150,000 to GoFundMe’s Wildfire Relief Fund, per Fortune. Her nonprofit, typically focused on child welfare, pivoted—raising $1.2 million in a week, per ABC News. Grants lift women through this $1.25 million program, expanded from 11 to 50 recipients after 300 applied, per Pasadena Women’s Business Center data today.

Wildfires shatter dreams, grants lift women

Losses hit deep. Renata Ortega’s Orla Floral Studio, a garage-based floral design firm, burned entirely, per ABC News March 31. She told reporters, “My dream’s gone—now I borrow space.” Her $25,000 grant, per Fortune, buys tools—$5,000—and a new workshop lease—$20,000 yearly, per LA rates. The Eaton Fire, worsened by 60-mph winds, per Reuters March 27, left 9,600 workers jobless. Grants lift women as a lifeline, bridging gaps where county aid—$20 million, per ABC News—falls short.

Moreover, trauma lingers. Faquir shared with Fortune, “You think you can grab something—then remember it’s lost.” Her diner’s $50,000 annual revenue, per estimates, vanished overnight. Hilton’s aid, per ABC News, targets back rent—$8,000 average, per LA County—and replacements. The Pasadena Women’s Business Center, also granted $25,000 today, per Reuters, offers 300 hours of free coaching. Grants lift women by pairing cash with expertise, aiming to rekindle Altadena’s economy.

However, scale matters. Over 1,800 firms suffered, per Los Angeles County, yet only 50 got aid. Lizzy Okoro Davidson, Center director, told ABC News, “This is the beginning—rebuilding takes more.” Recipients—bakeries, salons, childcare centers—average $500,000 in lost assets, per county data. Grants lift women, but broader recovery lags, with Trump’s tariffs—10% on imports April 2, per Yahoo Finance—adding cost pressures.

Hilton’s cash sparks grants lift women

Hilton drives impact. Her $150,000 kickstarted the fund, matched by GoFundMe’s $7.7 million from 43,000 donors, per Fortune March 31. She told ABC News, “These women are community backbones—we’re investing in their futures.” Faquir’s grant, per Reuters, cuts rebuild time—six months, not two years, per builders’ $75,000 quotes. Grants lift women as Hilton’s wealth—$300 million, per Forbes—fuels a $62.5 million potential economic boost, per county multipliers.

Furthermore, innovation emerges. Ortega, per Fortune, plans online sales—$10,000 yearly revenue—post-grant. Davidson noted to ABC News, “Some may turn to food trucks—$30,000 startup.” The Center’s coaching, per Reuters today, guides 100 firms, targeting $50 million in collective recovery by 2026. Grants lift women as a catalyst, nudging Altadena toward digital and mobile futures amid tariff hikes—3% trade costs, per Reuters March 31.

On the flip side, limits persist. Hilton’s $1.25 million aids 2.8% of affected businesses, per county stats. Millionaires might see opportunity—distressed assets abound—but tariffs could raise rebuild costs—$5,000 per firm, per Bloomberg. Faquir’s diner, needing $100,000 total, per estimates, leans on loans beyond the grant. Grants lift women, yet full revival demands more.

Future hinges on grants lift women

Ahead, challenges loom. Goldman Sachs cut GDP growth to 1.2% today, per Reuters, citing tariffs and fire fallout—recession odds hit 40%. Altadena’s $1.4 billion loss, per county data, may deepen if consumer spending—70% of GDP, per Fortune—drops further. Hilton’s aid, per ABC News, aims for $10 million in long-term sales via grantees. Grants lift women as a spark, but sustained growth needs policy relief.

In conclusion, grants lift women as Hilton’s nonprofit delivers $25,000 lifelines to female owners after LA wildfires crushed their dreams. For the affluent, it’s a story of grit—and a market to watch.

Share30Tweet19

Recommended For You

The Surprising Ways Bola Sol Makes Finance Simple for Everyone

by Zoe
October 3, 2025
0
The Surprising Ways Bola Sol Makes Finance Simple for Everyone

Money management can feel overwhelming, but Bola Sol has built her career on making it simple, accessible, and empowering. A qualified financial adviser, educator, author, and entrepreneur, she...

Read moreDetails

The Untold Side of NIL: Why Steven Simmons Puts Education Before Earnings

by Zoe
October 2, 2025
0
The Untold Side of NIL: Why Steven Simmons Puts Education Before Earnings

The rise of Name, Image, and Likeness (NIL) opportunities has transformed how athletes can leverage their personal brands. Yet for Steven Simmons, NIL is about more than financial...

Read moreDetails

Why BiotechBeauty® Could Be the Breakthrough That Changes Cosmetics Forever

by Zoe
October 1, 2025
0
Why BiotechBeauty® Could Be the Breakthrough That Changes Cosmetics Forever

The beauty industry is undergoing a transformation, and at the forefront is Alanna Tran, founder and chief scientist of BiotechBeauty®.” With a strong foundation in human biology and...

Read moreDetails

The Secrets Behind 25 Years of Success in Entertainment and Branding

by Zoe
September 30, 2025
0
The Secrets Behind 25 Years of Success in Entertainment and Branding

The intersection of entertainment, branding, and luxury lifestyle has few figures as seasoned as Michael Schweiger. As the CEO of CMG Global Brand Marketing, he brings more than...

Read moreDetails

The Secret to Glen Taylor’s Versatility, and Why It Matters for Modern Leadership

by Zoe
September 29, 2025
0
The Secret to Glen Taylor’s Versatility, and Why It Matters for Modern Leadership

In the worlds of luxury yachting, wellness, and strategic advisory, Glen Taylor is known as the co-founder of Superyacht Fitness and the managing director of PROPL Consultancy. As...

Read moreDetails

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • BUSINESS
  • ECONOMY
  • FINANCE
  • LIFESTYLE
  • MILLIONAIRE STORY
  • REAL ESTATE
  • TRAVEL

Recent Posts

  • Tesla Sales Rebound Faces EV Tax Credit Threat
  • Premarket Stock Movers: GameStop, Zillow, Applied Materials
  • UK Chancellor Pledges Youth Guarantee for Gen Z
  • U.S. Backs Argentina to Prevent South America ‘Failed States’
  • The Surprising Ways Bola Sol Makes Finance Simple for Everyone

Recent Comments

No comments to show.

Archives

  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • June 2024

Categories

  • BUSINESS
  • ECONOMY
  • FINANCE
  • LIFESTYLE
  • MILLIONAIRE STORY
  • REAL ESTATE
  • TRAVEL

CATEGORIES

  • BUSINESS
  • ECONOMY
  • FINANCE
  • LIFESTYLE
  • MILLIONAIRE STORY
  • REAL ESTATE
  • TRAVEL

About Millionaire MNL News

  • About Millionaire MNL News

© 2025 Millionaire MNL News

No Result
View All Result
  • HOME
  • BUSINESS
  • ECONOMY
  • FINANCE
  • LIFESTYLE
  • MILLIONAIRE STORY
  • REAL ESTATE
  • TRAVEL

© 2025 Millionaire MNL News

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?