Hugh Hefner the icon and the founder of Playboy empire and the editor in chief of the magazine might be no more since he died in September 2017 at the age of 91 but he left a successful legacy. His timing of launching the infamous magazine was perfect since it played a significant role in the sexual revolution in the 1960’s.
Today the controversial magazine has turned into an international enterprise selling over 20 countries and driving sales adding up to more than $1 billion annually. So, what’s the playboy king Hugh Hefner net worth as of 2018? Below are more details regarding Hugh Hefner net worth and a few things you probably didn’t know about Hugh Hefner.
Hugh Marston Hefner was the son of Glenn Lucius and Grace Caroline who worked as an accountant and a teacher respectively. He was born in 1926 in Chicago, Illinois where he was brought up as well. Due to his various hatches such as sepsis and cardiac arrest, Hugh Hefner passed away on September 27, 2017. He pursued his education at Sayre elementary school and Steinmetz high school and between 1944 and 1946 he worked as a military author for the army magazine. In 1949, he passed The University of Illinois with a B.A in Psychology and creative writing. He later enrolled at Northern University to pursue sociology briefly.
His first matrimony was with Mildred Williams in 1949 where they bore two kids; Christine (b.1952) and David (b.1955). Due to infidelity, they spilt in 1959. He then married, Kimberly Conrad in 1989 where they had two boys; Marston Glenn (B.1990) and Cooper Bradford (b.1991) but also divorced in 1998. After being in many relationships with several ladies, he finally married Crystal Harris in 2012.
After Hugh stopped working for Esquire as a copywriter, he embarked on a journey to start up his own company where he borrowed capital from various sources including his mother who lent him $1,000. The company first released its first publish in 1953 which highlighted Marilyn Monroe and auctioned more than 50,000 pieces. In those days he used to publish leading issues, and he was once arrested for publishing a story that ruined Jayne Mansfield’s reputation. Nevertheless, the magazine company did well, and he employed many workers.
Playboy magazine today is sold in more than 20 countries and usually brings in around $1 billion in sales. It has grown from just being a small local magazine to a global brand.
Hugh had also ventured into the film wherein 1993 he voiced as a sojourner in, ‘Krusty Gets Kancelled’. Apart from that, he also featured as a guest in TV series including Sex and The City 2000, Entourage 2005, Robot Chicken 2006, Family Guy 2007, and The Girls Next Door (2005-2009). Due to his famous magazine, he was given a chance to anchor, Playboy’s Penthouse and Playboy After Dark which debuted between 1959 and 1970 on the TV channels.
On awards and achievements: Hugh was recognized for his charitable acts and received The Heart Award in the category of Founders Hero. He was also nominated for the Razzie Award in the category of Worst Supporting Actor.
Net Worth, Salary & Income
Hugh Hefner net worth as of today stands at $50 million. The source of Hugh Hefner net worth was sales profits that came from the sale of Playboy magazine and considering it sells over $1 billion well that justifies the $50 million net worth value. Another net worth booster channel is his Playboy Mansion that was sold in 2016 for $100 million adding some good cash to the overall net worth figures.
5 Facts You Need To Know About Hugh Hefner.
Regardless of how you felt about Hugh Hefner before his death or after it’s a fact the Playboy king changed the publishing landscape forever and even laid down the foundation for mainstream adult culture. Today am going to list down a few things you probably didn’t know about Hugh Hefner.
1. He started advocating for gay rights in the early years. That’s in the 1950s.
2. Hefner is the world holder of the largest personal scrapbook collection and it has been documented in the Guinness world record
3. Every day when he was alive he commanded that roses should be delivered to Marilyn Monroe’s grave on daily basis.
4. His mother is his sole reason he succeeded for he shipped in capital to start the business.
5. He refused to publish Vanessa Williams Miss America photos.
Hugh Hefner worth fortune would definitely be inherited by Cooper Hefner and Crystal Hefner but looking at the cumulative figures they only portray a successful career. May his soul rest in peace.