The famed Los Angeles Playboy mansion belonging to Hugh Hefner, founder of the Playboy empire, has been sold for $100-million (R1.3-billion), and Hefner, 90, will live in the mansion for the rest of his life, a representative for the buyer said.
It was bought by Daren Metropoulos, of private equity firm Metropoulos & Co, for half of what it was initially listed for earlier this year.
Metropoulos said Hefner’s 1927 Gothic Tudor-style mansion, which had an area of 1 858m², had a rich and storied legacy and was a masterpiece in design.
Hefner and Playboy Enterprises did not comment on the sale.
The property, which was purchased by Playboy in 1971 for a reported $1.1-million (R14.8-million), sits on two hectares in Holmby Hills, west of Los Angeles, and includes 29 rooms, a tennis court and a free-form swimming pool – and has a zoo licence.
It is home to the famous Playboy grotto, which over the years served as the setting for some of Hefner’s most lavish, hedonistic parties.
After Hefner’s tenancy ends, Metropoulos plans to reconnect the property with a neighbouring estate, to use as his own private residence.