When you look at his picture, there is a chance of two very different images crossing your mind; Popeye, the famous fictional cartoon character and Playboy, the American men’s lifestyle and entertainment magazine. Along with being the founder of Playboy, Hugh Hefner was an American businessman and magazine publisher. Are you curious to know more about the man behind Playboy? Keep reading to know more about the net worth of Hugh Hefner in 2019.
Early Life & Biography:
Hugh Marston Hefner was born on April 9, 1926, when the Noble experiment, i.e. the Prohibition was turning the whole country dry. He was the first son of Grace Caroline, a teacher and Glen Lucius Hefner, an accountant. The greatest irony of his life could be the fact that his mother wanted him to become a missionary. After attending Sayre Elementary school and Steinmetz High school, Hugh Hefner graduated from the University of Illinois in 1949 with a Bachelor of Arts in Psychology as well as a double minor in Creative writing and Art. After 65 years of working, he died at the age of 91 in his home leaving behind a legacy that will never be forgotten.
Hugh Hefner was married to Mildred Williams for 10 years and had two children before they got divorced in 1959, ending a marriage full of compromises and infidelity charges. After many affairs and a lifestyle full of partying, a mild stroke knocked some sense into him. He then married Kimberly Conrad who was much younger to him and had two sons with her. They separated in 1988 and Hefner filed for divorce 11 years after that. In 2009, he got engaged to Crystal Harris, which ended five days before the wedding day. Eventually, they came back together and got married on December 31, 2012. Hugh lived up to his magazine’s name “Playboy” and had countless affairs.
Career, Awards, & Nominations:
Hugh Hefner’s career is a story of dedication, passion, and love of breaking norms and rising above them. After he was denied a $5 raise, he left his job as a copywriter for “Esquire,” took out a mortgage and raised enough money to launch “Playboy”. The first issue featured Marilyn Monroe and sold over 50,000 copies. From that point onwards, there was no looking back. Hugh was an ardent supporter of homosexuality. He bought the Playboy mansion in Chicago in 1959 which grabbed a lot of attention.
Along with publishing homosexual content, Hugh Hefner also kept the magazine open to “obscene” literature for which he was even taken to court. Hugh had guest-starred on many shows such as “Sex and the City,” “Curb Your Enthusiasm,” “Entourage” and more. A documentary film called “Hugh Hefner: Playboy, Activist and Rebel” directed by Brigitte Burman was released on July 30, 2010. His star forever shines on the Hollywood Walk of Fame just like his life did.
Net Worth & Earnings:
The net worth of Hugh Hefner is $50 million. His wealth started decreasing after Playboy stocks lost 80% of its value. He earned most of his fortune through “Playboy,” movies, shows and more. The playboy mansion was sold for $100 million. His cars were his most prized possessions. He owned a 1959 Mercedes Benz 300SL Convertible, a 1972 BMW 3.0CS E9 among many others.
A philanthropist, democrat, supporter of homosexuality and a racially diverse man, Hugh Hefner lived his life on his own terms. Who knows where he’s ruling now but one thing is for sure, he was the most iconic Playboy and will always be one.