Hugh Hefner’s Neighbor Buys Playboy Mansion

It’s the end of an era: The Playboy Mansion has sold!

The Playboy Mansion is in escrow with nearby neighbor Daren Metropoulos as the buyer, a Playboy spokesperson told PEOPLE. Although they can confirm the house is in contract, the representative declined to give additional details, including the sale price.
The iconic site located in Los Angeles was listed in January for $200 million. Besides the steep price tag, the sale also comes with another stipulation: The buyer has to allow Hugh Hefner a life estate so he can remain in the home until his death.
But Metropoulos, 32, seems to be up for it, as PEOPLE can confirm that Hefner and wife, Crystal, will continue to live in the Mansion.

This isn’t Metropoulos’s first experience with Hefner in the real estate market, either. In 2009, Metropoulos, a principal at private-equity firm Metropoulos & Co., purchased his current property from Hefner for $18 million, according to The Wall Street Journal.
At 20,000 square feet, the Playboy pad features 12 bedrooms, 21 baths and “every amenity imaginable,” as the Agency andHilton & Hyland listings state. It’s also one of the few private residences in L.A. to have a zoo license. And, of course, there’s the infamous grotto. If those walls could talk…

Source: People .com

Comments

Help Stop An Execution

Nearly two years ago, the eyes of the world were on Oklahoma, where a man named Richard Glossip was facing execution for a 1997 murder many people say he was not involved in. I learned about Richard’s case when actress Susan Sarandon contacted me, expressing deep concern that the State of Oklahoma was just about to kill an innocent man. After reviewing the facts, I too became convinced of Richard’s innocence, and we decided to make a public plea for the governor to gra nt freedom On 30 September 2015, Richard came within minutes of execution by lethal injection, when officials suddenly stopped the proceedings. As it turned out, the state of Oklahoma had procured the wrong execution drug, risking another botched execution that would lead to a slow and painful death. At the last minute, Governor Mary Fallin, not exactly an opponent of the death penalty, issued a stay of Richard’s execution. Today, Richard’s situation is nowhere near being resolved. As the st...

South Korean President Park Geun-hye arrested

Former South Korean President Park Geun-hye , who was removed from office earlier this month, was arrested on Friday. "Major crimes have been ascertained and there is a concern that the suspect might attempt to destroy evidence," Judge Kang Bu-young said in a text message to reporters. "The court recognizes the need, necessity and reasonableness of the suspect's arrest." Prosecutors announced Monday that they were seeking to arrest Park on charges relating to abuse of power, accepting bribes and leaking important information. "The suspect abused the mighty power and position as President to take bribes from companies and infringed upon the freedom of corporate management and leaked important confidential official information," the statement from the Seoul Central District Prosecutor's Office said. Park had been held in a temporary detention facility at the Seoul Central District Prosecutor's Office Building ahead of the court's decision. S...

Amancio Ortega Becomes The Richest Person In The World

The Spanish business tycoon, Amancio Ortega, co-founder of Spanish retailing giant Inditex, is now the richest person in the world with a cool $200 million edge over previous richest person Bill Gates. Ortega became the world richest person first in 2015 October but he lost the spot to Gates in less than 24 hrs, and he has also held the position two other times but has always been relinquished the lead within a day. This period around he surpassed Gates on Tuesday after shares of Inditex - parent company of fashion chain Zara rose just over 1% but by the end of the afternoon he was $100 million dollars behind the microsoft cofounder. Then on Wednesday Ortega regained the top spot as of 12:05pm Eastern time, he was richer than Gates by a modest margin of $200 million. Ortega is now worth an estimated $85billion. Gates fortune declined earlier this month after a filing with the SEC revealed that he donated $4.6billion worth of microsoft stock to his foundation in June. Bloomberg reported...

Abbey's Gist

Search This Blog