Octogenarian Playboy founder Hugh Hefner poses with his bride Crystal Harris as they ring in the new year at their wedding at the Playboy Mansion in Beverly Hills. File photo: ReutersThe famed Los Angeles mansion of Hugh Hefner, founder of the Playboy empire, is under contract to be sold to private equity executive Daren Metropoulos, a Playboy Enterprises spokesman said on Monday.
A view of the Playboy Mansion in Los Angeles. File photo: ReutersThe Gothic Tudor-style mansion, which has an area of 20,000 square feet (1,858 square meters), was listed earlier this year for $200 million, Reuters reported in January.
Eugena Washington, Playmate of the Year, poses at Playboy's 2016 Playmate of the Year Announcement held at the Playboy Mansion in Los Angeles. File photo: APMetropoulos is a principal at private equity firm Metropoulos & Co. He did not respond to a request for comment.
Hugh Hefner's Playboy Mansion is about to acquire a new owner — the wealthy businessman who lives next door. File photo: AP"We can confirm that the Playboy Mansion is in escrow with Daren Metropoulos as the buyer. Due to confidentiality restrictions, we are not able to comment on any specifics, including what contingencies need to be cleared to close the sale," the Playboy spokesman said in an emailed statement.
The Playboy Mansion, the legendary party house where Hollywood's eilte cavorted with scantily-clad "bunnies," is being sold to the billionaire Twinkies owner who lives next door. Photo: AFPIn addition to a tennis court, free-form swimming pool and other amenities, the estate is home to the Playboy grotto, which over the years was the setting for some of Hefner's most lavish parties.
Hugh Hefner, the 90-year-old owner of the Holmby Hills estate in southern California and founder of the iconic Playboy Magazine, will be permitted to continue living there for the rest of his life. Photo: AFPThe mansion was built in 1927 and purchased by Playboy in 1971 for a reported $1.1 million, a figure property agents said was the largest real estate transaction in Los Angeles history at that time.
The swimming pool at the Playboy Mansion on in Holmby Hills, Los Angeles. Photo: AFP(With inputs from agencies)
