Celebrity News

Hugh Hefner selling family home for 28M

Published on March 15, 2009 at 11:35 AM

Further evidence perhaps that the Playboy empire is crumbling. Playboy founder Hugh Hefner is unloading the Holmby Hills English manor-style home built in 1929 and adjacent to the Playboy Mansion for about $28 million. The  five bedrooms, seven bathrooms, mansion  on 2.3 acres has been home to his estranged wife Kimberly  who was Playboy’s Playmate of the Year in 1989, and their two teenage sons who are heading off to college, since the late 1990s. Hefner has lived at the neighboring Playboy Mansion with different sets of three young women for the past several years. Amidst reports that the 83-year-old media mogul’s  health is failing and that he’s finally starting to act more like a man of his age, Hefner is selling reportedly to cut down losses his business has recently suffered.

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