How Much Is Playboy Worth?

Kim on posing, "“It was an independence thing for me. I was always by the book, such the straight arrow when it came to pleasing my parents and being a good daughter. I felt like this was one decision that only I could make. "

(Telegraph) Hugh Hefner takes Playboy private

Playboy magazine is going private. Hugh Hefner, the founder and flamboyant publisher of the magazine best known for nude centrefolds, has agreed a deal that values the business at $207m (£133m).

Mr Hefner, 84, who founded Playboy with $600 in 1953, floated the company in 1971 and already had a more than 60pc stake in the business. Hefner was forced to increase his offer for the rest of Playboy, and on Monday bid $6.15 a share. FriendFinder Networks, which owns rival adult magazine Penthouse, had offered $210m for Playboy in July.

(See the article in full here)

Also see Hugh Hefner Gets Married… Again and 10 Self-Made CEOs Who Started With Nothing

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