Celebrity net worth, reported honestly — figures and the stories behind the money.

Hugh Hefner Net Worth

Editor · Actors

Hugh Hefner
Photo: Playboy Enterprises · Wikimedia Commons · Public domain
Estimated net worth
$50M
In USD. An estimate from published reporting — approximate, not an official valuation.

Quick facts

Born1926

ProfessionEditor

NationalityAmerican

CategoryActors

Background and career

Hugh Marston Hefner (April 9, 1926 – September 27, 2017) was an American magazine publisher and businessman. He was the founder and editor-in-chief of Playboy magazine, a publication with sexualized photographs of women, articles, and fiction, and lengthy interviews with politicians, musicians, artists, and writers. Hefner extended the Playboy brand into a world network of Playboy Clubs. He also resided in luxury mansions where Playboy Playmates shared his partying lifestyle, fueling media interest.

Hefner was born on April 9, 1926, in Chicago, the first child of accountant Glenn Lucius Hefner (1896–1976) and his wife Grace Caroline (Swanson) Hefner (1895–1997) who worked as a teacher. His parents were from Nebraska. He had a younger brother named Keith (1929–2016). His mother was of Swedish ancestry, and his father was German and English. Hefner was a descendant of Plymouth governor William Bradford through his father's line. He described his family as "conservative, Midwestern, Methodist.” His mother had wanted him to become a missionary. Hefner attended Sayre Elementary School and Steinmetz High School, then served from 1944 to 1946 as a United States Army writer for a military newspaper. He graduated from the University of Illinois Urbana-Champaign in 1949 with a Bachelor of Arts in psychology and a double minor in creative writing and art, having earned his degree in two and a half years. In the spring of 1950, he took a semester of graduate courses in sociology at Northwestern University, but he dropped out soon after.

In January 1952, Hefner left his job as a copywriter for Esquire after he was denied a $5 raise. In 1953, he took out a mortgage loan of $600 and raised $8,000 from 45 investors (including $1,000 from his mother—"not because she believed in the venture," he told E! in 2006, "but because she believed in her son") to launch Playboy, which was initially going to be called Stag Party. The first issue was published in December 1953 and featured Marilyn Monroe from a 1949 nude calendar shoot she did under a pseudonym. That first issue sold more than 50,000 copies, but Monroe was not paid by Playboy or Hefner for the photos. (Hefner never met Monroe, but he bought the crypt next to hers at the Westwood Village Memorial Park Cemetery in 1992 for $75,000.) Esquire magazine rejected Charles Beaumont's science fiction story "The Crooked Man" in 1955, so Hefner agreed to publish it in Playboy. The story highlighted straight men being persecuted in a world where homosexuality was the norm. The magazine received angry letters, so Hefner responded, "If it was wrong to persecute heterosexuals in a homosexual society then the reverse was wrong, too." In 1961, Hefner watched Dick Gregory perform at the Herman Roberts Show Bar in Chicago, and he hired Gregory to work at the Chicago Playboy Club. Gregory attributed the launch of his career to that night. Hefner promoted a bon vivant lifestyle in his magazine and in the television shows that he hosted, Playboy's Penthouse (1959–1960) and Playboy After Dark (1969–1970). He was also the chief creative officer of Playboy Enterprises, the publishing group which operates the magazine. On June 4, 1963, Hefner was arrested for promoting obscene literature after he published an issue of Playboy featuring nude shots of Jayne Mansfield in bed with a man present. The case went to trial and resulted in a hung jury. In the 1960s, Hefner created "private key" clubs that were racially diverse. During the civil rights movement in 1966, Hefner sent Alex Haley to interview American Nazi Party founder George Lincoln Rockwell, much to Rockwell's shock because Haley was black. Rockwell agreed to meet with Haley only after gaining assurance that he was not Jewish, although Rockwell kept a handgun on the table throughout the interview. In Roots: The Next Generations (1979), the interview was recreated with James Earl Jones as Haley and Marlon Brando as Rockwell. Haley had also interviewed Malcolm X in 1963 and Martin Luther King Jr. in 1966 for the newly established 1962 "playboy interview".

In 1970, Hefner stated that "militant feminists" are "unalterably opposed to the romantic boy-girl society that Playboy promotes" and ordered an article in his magazine against them. In his later years, Hefner's star dimmed, but he remained a well-known personality, often appearing in cameo roles. In the 1993 The Simpsons episode "Krusty Gets Kancelled", Hefner voiced himself. In 1999, Hefner financed the Clara Bow documentary Discovering the It Girl. "Nobody has what Clara had," he said. "She defined an era and made her mark on the nation". Hefner guest-starred as himself in the 2000 Sex and the City episode "Sex and Another City". In 2005, he guest-starred on the HBO shows Curb Your Enthusiasm and Entourage. He guest-starred as himself in a 2006 episode of Seth Green's Robot Chicken on the late-night programming block Adult Swim. In the 2007 Family Guy episode "Airport '07", he voiced himself. He has a star on the Hollywood Walk of Fame for television and made several movie appearances as himself. In 2009, he was nominated for a Golden Raspberry Award for Worst Supporting Actor for his performance as himself in Miss March. On his official Twitter account, he joked about this nomination: "Maybe I didn't understand the character." Brigitte Berman's documentary Hugh Hefner: Playboy, Activist and Rebel was released on July 30, 2010. He had previously granted full access to documentary filmmaker and television producer Kevin Burns for the A&E Biography special Hugh Hefner: American Playboy in 1996. Hefner and Burns later collaborated on numerous other television projects, most notably on The Girls Next Door, a reality series that ran for six seasons (2005–2009) and 90 episodes. Hefner also made a voice-only appearance as himself in the 2011 film Hop. In 2012, Hefner announced that his youngest son Cooper would succeed him as the public face of Playboy.

Hefner was known to friends and family simply as "Hef". He married Northwestern University student Mildred ("Millie") Williams (1926–2025) in 1949. They had a daughter named Christie (born 1952) and a son, David (born 1955). Before the wedding, Mildred confessed that she had an affair while he was away in the army. He called the admission "the most devastating moment of my life." A 2006 E! True Hollywood Story profile of Hefner revealed that Mildred allowed him to have sex with other women, out of guilt for her own infidelity and in the hope that it would preserve their marriage. The couple divorced in 1959. Hefner remade himself as a bon vivant and man about town, a lifestyle that he promoted in his magazine and television shows. He is often known for wearing a robe as his signature look. He admitted to being "'involved' with maybe eleven out of twelve months' worth of Playmates" during some years. Donna Michelle, Marilyn Cole, Lillian Müller, Shannon Tweed, Barbi Benton, Karen Christy, Sondra Theodore, and Carrie Leigh were a few of his many lovers; Leigh filed a $35 million palimony suit against him. In 1971, he acknowledged that he experimented in bisexuality. Also in 1971, he established a second residence in Los Angeles with the acquisition of Playboy Mansion West, and moved there permanently from Chicago in 1975. On March 7, 1985, Hefner had a minor stroke at age 58, whereupon he re-evaluated his lifestyle, making several changes. He toned down the wild, all-night parties, and his daughter Christie took over the operation of Playboy's commercial operations in 1988. The following year, he married Playmate of the Year Kimberley Conrad; they were 36 years apart in age. The couple had sons Marston Glenn (b. 1990) and Cooper (b. 1991). The E! True Hollywood Story profile noted that the Playboy Mansion had been transformed into a family-friendly homestead. He and Conrad separated in 1998, after which she moved into the house next door to the mansion. Hefner filed for divorce from Conrad in 2009 after an 11-year separation, citing irreconcilable differences. He stated that he only remained nominally married to her for the sake of their children, and their youngest child had just turned 18. The divorce was finalized in 2010. Hefner became known for moving an ever-changing coterie of young women into the Playboy Mansion, including twins Mandy and Sandy Bentley. He dated as many as seven women concurrently. He also dated Brande Roderick, Izabella St. James, Tina Marie Jordan, Holly Madison, Bridget Marquardt, and Kendra Wilkinson. Madison, Wilkinson, and Marquardt appeared on The Girls Next Door depicting their lives at the Playboy Mansion. In October 2008, all three of them decided to leave the mansion. In January 2009, Hefner began a relationship with Crystal Harris; she joined the Shannon Twins after his previous "number one girlfriend" Holly Madison had ended their seven-year relationship. On December 24, 2010, he became engaged to Harris, but she broke off their engagement on June 14, 2011, five days before their planned wedding. The July issue of Playboy reached store shelves and customers' homes within days of the wedding date; it featured Harris on the cover, and in a photo spread as well. The headline on the cover read "Introducing America's Princess, Mrs. Crystal Hefner". Hefner and Harris subsequently reconciled and married on December 31, 2012. Hefner was very distantly related to the 41st and 43rd presidents of the United States, George H. W. Bush and George W. Bush, respectively. Hefner's brother Keith died at age 87 on April 8, 2016, one day before Hefner's 90th birthday.

In January 2016, the Playboy Mansion was put on the market for $200 million, on condition that Hugh Hefner would continue to work and live in the mansion. Later that year it was sold to Daren Metropoulos, a principal at private equity firm Metropoulos & Co, for $100 million. Metropoulos planned to reconnect the Playboy Mansion property with a neighboring estate that he had purchased in 2009, combining the two for a 7.3-acre (3-hectare) compound as his own private residence. In May 2017, Eugena Washington was the last Playmate of the Year to be announced by Hugh Hefner at the Playboy Mansion.

Related profiles

← Back to the directory · More Actors