Rip Hugh Hefner Founder of Playboy dies

Rip Hugh Hefner Founder of Playboy dies

Playboy founder Hugh Hefner has died at the age of 91, according to Playboy Enterprises.
The magazine said he “peacefully passed away today from natural causes at his home.”

Name - Hugh Marston Hefner,
Born - April 9, 1926, Chicago, Illinois, U.S.
Died - September 27, 2017 (aged 91) Los Angeles, California, U.S.
Residence - Playboy Mansion Holmby Hills, California, U.S.
Alma mater -     Steinmetz High School, University of Illinois at Urbana Champaign (B.A.)

The December 1953 inaugural issue featured none other than Marilyn Monroe as its cover girl

Hefner was arrested in 1963 and charged with selling obscene literature after publishing nude photos of actress Jayne Mansfield.
The charges were dropped after a jury was unable to reach a verdict, but the experience led Hefner to launch the Playboy Foundation, which provided funding to groups researching human sexuality and fighting censorship.

Hefner took the company public in 1971

He handed over his empire to daughter Christie, who had been president of Playboy Enterprises since 1982. She began running the company as chairman of the board and CEO in 1988.

In 2009, Scott Flanders replaced Hefner’s daughter as CEO and Playboy Enterprises Inc. began to make a radical shift focusing on its branding potential and licensing opportunities.

Two years later, Hefner made a $207 million deal to buy out the company and take it private. The deal gave him a $1 million-a-year contract, full editorial control of the magazine and the right to keep living at the Playboy Mansion

Hefner and Playboy made headlines more recently for their decision to stop publishing nudes in the print magazine, and chose Pamela Anderson to be their last naked cover model for the January/February 2016 issue.

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Thursday, September 28, 2017

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