The 83-year-old owner of US best-selling men's glossy magazine could sell the company he founded more than 56years ago for some $300 million, after its profits slump in the face of free pornography on the Internet. Though the company's market capitalisation has sunk to about $100 million, Hefner is asking for three times that price in order to maintain his lavish lifestyle, according to the reports.
A glimpse into the flamboyant life of Hugh Hefner.
Down the rabbit hole with Cooper Hefner :)
Want to know what's happening in the world of glitz and glamour? Here's the latest on supermodels, style and everything in-between.
Playboy founder and editor-in-chief Hugh Hefner named Jaclyn Swedberg as the magazine's hottest pin-up of 2012.
We bring the month's most weird, true and funny news from across the globe.
Welcome to the weekly fashion round-up, where we bring you the latest on supermodels, style, designers and everything in-between!
The starlet, who became the first Indian to feature on the cover of Playboy magazine, shares her experience.
The ex-Playboy bunny has done a sexy photo-shoot for her show, 'Bridget's Sexiest Beaches', wearing an eye-popping one-piece swimsuit.
Playboy founder Hugh Hefner, who passed into the ages on September 28, once hosted starlet Sherlyn Chopra at the Playboy Mansion. Sherlyn shares the experience.
Just how innovative are these costumes!
Almost a year after it declared a ban on nude covers, Playboy is back to nudity!
Many of the magazines that followed Playboy with adult content have disappeared from the scene and that is one of the reasons behind revamping the magazine.
'No one really knows whether it is somehow better to go raging and fighting into the dark night, or close one's eyes quietly and give in to fate.' 'But a funeral with music, tinsel and acceptance -- not unlike most New Year festivities -- seems like a better send-off than any other,' says Geetanjali Krishna.
'Anantkumar Hegde will be pleased that those thousands who formed a long line to enter the grounds of St Paul's Cathedral on Christmas Eve night were both aware of their 'parentage' -- to use his insulting term -- and would describe themselves as Hindu,' says Rahul Jacob.
We bring you the latest on supermodels, actors, style and much more.