Hugh Hefner Sold The Playboy Mansion

The Playboy Mansion sold for $100 million, which is only half of what Hefner’s original asking price was. However, it was more than enough money to make the sale the most expensive in Los Angeles.

The buyer was Daren Metropoulos, who has lived next to the Playboy mansion for a long time. He is the co-owner of the Twinkies maker Hostess. The deal is that Hugh will remain in the home until he passes away, then Daren will take possession of the home.

Metropoulos intends to combine his property with the Playboy mansion, together the 7.3-acre property will be a gorgeous place to live and restore back to its previous condition in the 1920s. According to Metropoulos, the home not only has a rich legacy, but the property has a heritage that is attached to the original design of the home, which is a masterpiece – a work of art.

The playboy mansion is owned by Playboy Enterprises and Hefner pays the company rent to live there. Hefner has lived in the home since 1971, which has seven bedrooms, eight bathrooms, a home theater, wine cellar, tennis court, gym, and swimming pool with grotto.

The name Hugh is taken from the Germanic element hug, which means “heart, mind, and spirit”. The name was mainly given to nobility, and over time became popular around the world. There are many notable people with the name, from 12th-century bishop saint Hugh of Lincoln to Hugh Hefner millionaire.