Share

Sold! New Playboy Mansion owner closes the deal for $100m

Los Angeles — The deal is done, and the Playboy Mansion has a new owner.

Daren Metropoulos, who lives next door, said on Tuesday that escrow has closed on his $100m purchase of Hugh Hefner's man cave.

The 33-year-old principal in the investment firm, Metropoulos & Co. won't necessarily be moving in any time soon.

Under terms of the deal, Playboy's 90-year-old founder may stay there for the rest of his life.

After Hefner leaves, Metropoulos plans to connect the 5-acre Playboy estate to his 2-acre digs next door.

The homes, built in the 1920s, were originally one estate.

Hefner bought the Playboy Mansion for $1.05m in 1971, quickly turning it into a sexual playground.

In its heyday it was the scene of countless celebrity-filled parties and innumerable tales of sexual shenanigans.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE