Hugh Hefner was a well-known businessman from America who was the founder of the magazine ‘Playboy.’ He is also a playboy and magazine publisher. Hefner has served as the editor-in-chief of Playboy magazine and was Playboy Enterprises’ chief creative officer. He is known to advocate freedom of expression and sexual liberation. He was also a philanthropist and political activist. Let’s find out how much was Hugh Hefner’s net worth And how did he manage to accumulate all the wealth and fame.
Hugh Marston Hefner was born on April 9, 1926, in Chicago, Illinois to his parents Glenn Lucius Hefner and Grace Caroline Hefner.
He completed his schooling at Steinmetz High School. In 1949, he earned his BA in Psychology from the University of Illinois at Urbana–Champaign. He also went to Northwestern University for his graduate courses but dropped out soon.
In 1949, Hugh Hefner got married to Mildred “Millie” Williams. The couple had two children named Christie and David. They divorced in 1959. In 1989, he married Kimberley Conrad. They had two sons Cooper Bradford and Marston Glenn. They separated in 1998. In 2012, he married Crystal Harris.
Hefner has dated many women in a lifetime. He died on September 17, 2017, in Los Angeles, California at 91. The causes of his death were cardiac arrest, sepsis, E. coli infection, and respiratory failure.
After completing his high school, Hugh Hefner served in the U.S. Army from 1944 to 1946. After completing his college, he started to work for Esquire as a copywriter. He left the job in 1952. A year later, he launched Playboy by taking a mortgage and inviting investors.
In December 1953, the first issue of the magazine was out. It sold more than 50,000 copies. He purchased a Chicago mansion in 1959, which made Playboy become popular. He hired Dick Gregory to perform in the Chicago Playboy Club.
In his career, he has used the pictures of several prominent celebrities in his magazine. He was the producer of the documentary called ‘Discovering the It Girl’ in 1999. Hefner has also lent his voice for an episode of ‘The Simpsons’ in 1993. He has appeared in an episode of ‘Sex and the City’ in 2000.
Hefner has appeared in several other TV shows like ‘Entourage,’ ‘Curb Your Enthusiasm,’ ‘Robot Chicken,’ ‘Family Guy,’ and ‘Miss March.’ He has done numerous TV projects including ‘The Girls Next Door.’ He has also hosted the shows ‘Playboy After Dark’ and ‘Playboy’s Penthouse.’
In 2013, Hugh Hefner won the Omaha Film Festival for Best Documentary. He is the winner of the 2012 Victoria Independent Film & Video Festival for Best Film. In 1980, he received a Star on the Hollywood Walk of Fame. In 1988, he was inducted into the Hall of Fame of the American Society of Magazine Editors. The Hollywood Chamber of Commerce conferred Hefner with the Distinguished Service Award. In 2011, the Los Angeles Press Club bestowed Hefner with the Lifetime Achievement Award. In 1996, he got the International Publishing Award by the International Press Directory.
Net Worth of Hugh Hefner
Hugh Hefner had an estimated net worth of more than $43 million at the time of his death. He made this fortune by successfully founding Playboy. In his career, he has done several other endeavors. He was succeeded by his son Cooper as Playboy’s face. His mansion was sold for $100 million in 2016 to Metropoulos & Company. He has also donated millions to various charities and politicians. He lived a very successful life, and today Playboy is a popular name for many people across the world.
Hugh Hefner is considered one of the most popular businessmen in the world. He found considerable success after founding Playboy. Although he has been criticized by many for launching it, he still found success. Following his death, a film adaption will be made on his biopic, where his role will be portrayed by Jared Leto.