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Gratitude Attracts Blessings - Sam

3 years ago

As a venue, the property was always well maintaine...

As a venue, the property was always well maintained and opulent. We've always enjoyed the location, and including Hugh Hefner in the festivities made the party more fun. He was an icon in the entertainment industry, and attracted many celebrities and dignitaries to the events. His daughter Christie who was the CEO of Playboy changed the spirit of the operations.



36-year-old Metropoulos, the now owner of the Playboy Mansion, is the former co-owner and co-CEO of Pabst Brewing Company and current co-owner of Hostess Brands, the maker American snacks including Twinkies.

"Buried in the $100 million sale of the 5-acre Holmby Hills property to Metropoulos in August 2016 was the contractual condition stipulating that Hefner would be allowed to live there for the rest of his life. Now that Hefner has passed, Metropoulos is free to pursue his plans, which include combining the 5 acres where the Playboy Mansion stands with a neighboring property that Metropoulos purchased in 2009, which increases the total footprint of the property to 7.3 acres. The sister house next door was built two years after the Mansion, in 1929, and for the past several years Metropoulos has been renovating and restoring that property s gardens and expansive grounds, which abut the Los Angeles Country Club. He has also restored the original gate that connects to the Playboy Mansion. Both the Playboy Mansion and the sister property were designed by architect Arthur R. Kelly for the first owner, Arthur Letts Jr., the department store heir whose father was the original developer of Holmby Hills." Hollywood Reporter

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