Private Equity Exec Officially Becomes Hugh Hefner's Landlord

Daren Metropolous just got the keys to the Playboy Mansion and its randiest tenant.
Getty Images

Getty Images

Metropoulos & Co principal Daren Metropoulos dreamed a dream of living in the house that centerfolds built and now that dream has come to life, for a bargain! The sellers have also thrown in a 90 year-old horndog whose wardrobe consists entirely of fancy bathrobes.

The sale of the Playboy Mansion to next door neighbor Daren Metropoulos has closed for $100 million, according to a spokesperson for Mr. Metropoulos. The Holmby Hills home was listed for $200 million. Playboy Enterprises founder Hugh Hefner will continue to occupy the Mansion for his lifetime. Mr. Metropoulos, a 33-year-old principal at private-equity firm Metropoulos & Co. and a current co-owner of Hostess Brands, owns the adjacent property and has restored it. The spokesperson said he intends to connect the two estates after Mr. Hefner’s tenancy ends, creating a 7.3-acre compound. “I look forward to eventually rejoining the two estates and enjoying this beautiful property as my private residence for years to come,” he said in a statement.

The Playboy Mansion Sells to Its Neighbor for $100 Million [WSJ]

Earlier: Private Equity Exec To Basically Become Hugh Hefner’s Landlord