Hugh Hefner Net Worth

How much is Hugh Hefner Worth?

in Richest BusinessmenCEOs
Hugh Hefner net worth:
$50 Million

Hugh Hefner net worth: Hugh Hefner was an American entrepreneur and founder of Playboy magazine who had a net worth of $50 million at the time of his death. According to paperwork filed in 2009 as part of a divorce, Hugh Hefner estimated his own net worth to be $43 million. At the peak of Playboy, Hefner's net worth was over $200 million. Unfortunately, the company did not perform well over the last 10-15 years as magazine sales have diminished rapidly. In the period between 2000 and 2010, Playboy's stock price fell 80%. The company was taken private in 2011 by Hefner and private equity firm Icon Acquisition Holdings. Another private equity firm called Rizvi Traverse eventually bought out Icon. At the time of his death, Hefner owned 35% of the Playboy brand and 100% of the actual magazine.

Interestingly, most people assume Hugh himself actually owns the famous Playboy mansion, but in fact he does not. Playboy Enterprises owned the house and Hefner paid an annual fee to cover rent and other expenses like food and parties. In typical years, that rent came to around $1 million. And yes, that also includes the room and board for Hefner's live in girlfriends. In January 2016, Playboy Enterprises announced that it had put the mansion up for sale for $200 million. A comparable house in the same neighborhood would likely be worth $60 – $80 million, so it's a hefty premium… but there's only one Playboy Mansion in the world! The mansion was bought in June 2016 for $110 million by Daren Metropoulos. Daren, who was 32 at the time of his death, is the son of billionaire businessman C. Dean Metropoulos. His father is well known for reviving sagging brands like Hostess, Bumble Bee Tuna, Pabst, and Chef Boyardee.

Dan Kitwood/Getty Images

Here is how Hefner broke down his own finances in a court filing back in 2009:

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 Net Worth

Hugh Hefner

Journalist
Date of Birth
Apr 9, 1926 (91 years old)
Profession
Journalist, Businessperson, Editor, Actor, Film Producer, Entrepreneur, Publisher
Nationality
United States of America
Height
5 ft 8 in (1.75 m)
All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
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