Hugh Hefner’s Finances
June 21, 2014 Leave a comment
I have found people fascinated by Hugh Hefner and his business.Personally,I think him more gas than substance.But just to be sure I was not missing something obvious,I tried searching for information on his finances.Here’s what I found:
Monthly Income:
Salary from Playboy: $116,667
Social Security: $1,896
Dividends and interest: $121,099
Rental property: $17,058
Income from HMH Productions: $15,808
Pensions and retirement: $413
Other miscellaneous income: $17,639
Total monthly income: $290,580
Monthly Expenses:
Rent (including groceries, household supplies, utilities, cell phone and email): $53,593
Food (approximate): $18,000
Entertainment: $25,000
College expenses for kids: $10,130
Health care: $3,215
Assets:
$306,548 in cash
$36,802,558 in stocks and bonds (besides Playboy)
$6,122,990 in a joint account with an unnamed person
Total assets (excluding Playboy stock and property): $43,232,096
Now what do you think?Does Hugh seem all that well off ?