Hugh Hefner Net Worth is$43 Million
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deserves the money?
Rating: 3.6/5 (11 votes cast)
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Would you date ?
Rating: 1.7/5 (6 votes cast)
Profession: Journalist, Businessperson, Editor, Actor, Film Producer, Entrepreneur

Date of Birth: Apr 9, 1926

Nicknames: Hef, Hugh Marston Hefner, hugh_hefner, Hugh Hefner, Hugh Heffner, Puffin

Height: 1.75 m

Country: United States of America

According to divorce paperwork filed in September 2009, Hugh Hefner estimates his own net worth at $43 million. He recently filed for divorce from his wife whom he has not lived with in over a decade. His net worth has taken a pretty heavy hit as Playboy's stock has lost over 80% of its value. Interestingly, most people assume Hugh himself actually owns the famous Playboy mansion, but in fact he does not. Playboy owns the house and Hugh pays an annual rent to cover his expenses (including his girlfriend's). Here is how he breaks down his own finances in a recent court filing: Monthly income: - Salary from Playboy: $116,667 - Social Security: $1,896 - Dividends and interest: $121,099 - Rental property: $17,058 - Income from HMH Productions: $15,808 - Pensions and retirement: $413 - Other miscellaneous income: $17,639 -Total monthly income: $290,580 Other Assets: - $306,548 in cash - $36,802,558 in stocks and bonds - $6,122,990 in a joint account with an unnamed person - Total assets (including Playboy stock and property): $43,232,096 And here's how Hugh spends his millions per month: - Rent (including groceries, household supplies, utilities, cell phone and email): $53,593 - Food (approximate): $18,000 - Entertainment: $25,000 - College expenses for kids: $10,130 - Health care: $3,215 Related Post: How much do Playboy Playmates make? Hugh Hefner's Original Playboy Club, founded in the 1960s in Chicago, is now the basis of a new series on NBC, entitled "The Playboy Club".
Hugh Marston "Hef" Hefner (born April 9, 1926) is an American magazine publisher, founder and Chief Creative Officer of Playboy Enterprises.
Hefner was born in Chicago, Illinois, the elder of two sons born to Grace Caroline (n'ee Swanson; 1895-1997) and Glenn Lucius Hefner (1896-1976), both teachers. Hefner's mother was of Swedish descent and his father had German and English ancestry. On his father's side, Hefner is a direct descendant of Plymouth governor William Bradford. He has described his family as "conservative, Midwest, Methodist." He went to Sayre Elementary School and Steinmetz High School, then served as a writer for a military newspaper in the U.S. Army from 1944 to 1946. He later graduated from the University of Illinois at Urbana Champaign with a B.A. in psychology with a double minor in creative writing and art in 1949, earning his degree in two and a half years. After graduation, he took a semester of graduate courses in sociology at Northwestern University but dropped out soon after.
Working as a copywriter for Esquire, he left in January 1952, after being denied a $5 raise. In 1953, he mortgaged his furniture, generating a bank loan of $600 (or $800-he cannot recall which) and raised $8,000 from 45 investors-including $1,000 from his mother ("Not because she believed in the venture," he told E! in 2006, "But because she believed in her son.")-to launch Playboy, which was initially going to be called Stag Party. The undated first issue, published in December 1953, featured Marilyn Monroe from her 1949 nude calendar shoot and sold over 50,000 copies. (Hefner, who never met Monroe, bought the crypt next to hers at the Westwood Village Memorial Park Cemetery.)
After it was rejected by Esquire magazine in 1955, Hefner agreed to publish in Playboy the Charles Beaumont science fiction short story, "The Crooked Man," about straight men being persecuted in a world where homosexuality was the norm. After receiving angry letters to the magazine, Hef

Hugh Hefner Net Worth, 3.6 out of 5 based on 11 ratings

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