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Hugh Hefner’s Playboy Mansion sells for $100 million

Hugh Hefner’s famed Playboy mansion is sold for $100 million, and Hefner will live in the mansion for the rest of his life. John Russell reports.

The famed Los Angeles Playboy Mansion belonging to Hugh Hefner, founder of the Playboy empire, has been sold for $100 million, and Hefner, 90, will live in the mansion for the rest of his life.

The property was bought by Daren Metropoulos for half of the $200 million it was initially listed for earlier this year.

Metropoulos said Hefner’s 1927 Gothic Tudor-style mansion, which has an area of 20,000 square feet (1,858 square metres), had a “rich and storied legacy” and is a “masterpiece in design.”

Hefner and Playboy didn’t comment on the sale.

The property, which was purchased by Playboy in 1971 for a reported $1.1 million, sits amid 5 acres (2 hectares) in Holmby Hills, west of Los Angeles, and includes 29 rooms, a tennis court and a free-form swimming pool – and has a zoo license.

It is home to the famous Playboy grotto, which over the years served as the setting for some of Hefner’s most lavish, hedonistic parties.

The post Hugh Hefner’s Playboy Mansion Sells for $100 million appeared first on Billionaires Newswire.



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