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Derek Pamplin

on 24 May 2013

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The luckiest man alive! Hugh Hefner Out on his own Hefner was determined to start his own publication, one that was similar to Esquire but better. He raised $8,000 from 45 investors—including $1,000 from his mother—to launch Playboy magazine. Hefner had planned to name the magazine "Stag Party" but was forced to change the name to avoid a trademark infringement with the existing Stag magazine. A friend suggested the name "Playboy," after a defunct automobile company in Chicago. Hefner liked the name, as he thought it reflected high living and sophistication.

In the 1960s, Hugh Hefner became the persona of Playboy: the urbane sophisticate in the silk smoking jacket with pipe in hand. He adopted a wide range of intellectual pursuits, and socialized with the famous and wealthy, always in the company of many young, beautiful women. As the magazine's increased success came to the attention of the mainstream public, Hefner was happy to portray himself as the charismatic icon and spokesperson for the sexual revolution of the 1960s Since the mid-1980s, Hefner's daughter, Christie Hefner, had been working with the editorial staff of Playboy magazine. In 1988, Hefner turned over control of Playboy Enterprises to Christie, naming her chair and chief executive officer. She also served as the magazine's editor-in-chief and played a key role in directing Playboy Enterprises' ventures in cable television, video production,

By 1970, Hugh Hefner had built Playboy Enterprises into a major corporation. The company went public, and the magazine's circulation hit 7 million copies a month, earning a $12 million profit in 1972. Hefner began dividing his time between two large mansions in Chicago and Los Angeles. When he wasn't home, he was globe-trotting in the "Big Bunny," a converted DC-30 jet complete with a galley, a living room, a disco, movie and video equipment, a wet bar, and sleeping quarters for 16 guests. The jet also featured a circular bed for Hefner himself.

Challenges At Playboy Hugh Marston Hefner, born on April 9, 1926, in Chicago, Illinois, was the elder of two sons born to Grace and Glenn Hefner, strict Methodists with deep Midwestern roots. Hefner went to Sayre Elementary School and then to Steinmetz High School on the west side of Chicago where, reportedly, his IQ was 152 Early life Starting the playboy franchise The Golden Age Of Playboy In recent years of playboy Born on April 9, 1926, in Chicago, Illinois Birth
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