Bob Guccione Net Worth
Bob Guccione net worth: Bob Guccione was an American businessman who had a peak net worth of $400 million dollars. Bob Guccione was born Robert Charles Joseph Edward Sabatini Guccione in Brooklyn, New York in December 1930 and passed away in October 2010. He was best known as the founder and published of adult magazine Penthouse. He was married and had a daughter before he was 20 years old. Penthouse started in England in 1965 and in North America in 1969 to compete with Playboy. Penthouse had stories about scandals government cover-ups, and corruption. For Penthouse's early issues Bob photographed most of the models himself. Unlike Hugh Hefner, Guccione lived a more peaceful life in his Manhattan mansion. In 1976 he financed the porn film Caligula for $17.5 million. He started the magazines Omni, Viva, and Longevity in addition to Penthouse. Guccione said that Penthouse grossed between $3.5 to 4 billion over 30 years and netted nearly $500 million. He was unsuccessful with ventures the Penthouse Boardwalk Hotel and Casino, and a nuclear fusion power plant. The publisher of Penthouse General Media declared bankruptcy in 2003 and Guccione resigned as chairman and CEO of Penthouse International, Inc. Bob was married four times including to his last wife April Dawn Warren. In 2004 he had surgery for throat cancer. He later was diagnosed with terminal lung cancer. Bob Guccione passed away on October 20, 2010, two months before turning 80.