Money Matters - Simplified

Hugh Hefner

Playboy coming to iPad soon

A web version of Playboy will be available on your iPad soon, Playboy founder, Hugh Hefner, has confirmed.

Playboy to go private again

Hugh Hefner, who launched the legendary Playboy magazine in 1953 and converted it into a public venture in 1971, is going to buy back the Playboy Enterprises. The deal has been unanimously approved by the board of directors of the media company.

Penthouse parent offers $210M for Playboy

Boca Raton, Fla. -- Penthouse magazine's parent company offered $210 million for Playboy Enterprises Inc., topping Hugh Hefner's $185 million bid to take his U.S. company private.

FriendFinder Networks Inc. proposed it would partner with Playboy empire founder Hefner, giving Hefner editorial control and letting him live in the Playboy mansion.

FriendFinder would also be willing to keep Playboy's senior management in place, Chief Executive Officer Marc Bell said.

Playboy said in a statement its board would give Friendfinder's offer "appropriate consideration."

The board can say no to either bid.

Hugh Hefner saves “Hollywood's Eiffel Tower”

Hugh Hefner came to the rescue of the prominent Hollywood sign, which was on the verge of demolition. Hefner donated the final $900,000 to protect the 138-acre site around the sign from being sold.

Hefner files for Divorce - 11 years after break-up

Playboy boss Hugh Hefner has filed legal papers to put an end to his marriage to Kimberly Conrad - 11 years after the couple split.

The ageing lothario has romanced a bevy of beauties since he and former Playboy Playmate Conrad parted ways in 1998, but he has only recently taken action to legally dissolve the union.

According to, Hefner filed documents in Los Angeles County Superior Court last Friday (04Sep09), requesting a judge set spousal support at $20,000 (£13,330) per month.

Hefner claims he has paid Conrad almost $12 million (£6 million) since 1998.

Hefner sued over marital deal

Los Angeles -- Hugh Hefner's estranged wife Kimberly Conrad alleges in a Los Angeles lawsuit that the Playboy magazine founder violated a marital agreement. reportedly exclusively Saturday that Conrad, 47, alleges in a Los Angeles County Superior Court lawsuit that Hefner, 83, owes her more than $5 million for violating a prenuptial agreement.

Conrad, a former Playboy model, lives with the former couple's two sons in a home next door to the Playboy mansion where Hefner resides.

Conrad and her children have lived in the home for 10 years after she and Hefner officially separated nine years after their 1989 marriage.

Playboy plans major changes as losses plague business

New York, May 13: Playboy, counted among the world’s best known adult magazines, is considering radical changes as it takes a harsh hit from the global recession.