Hugh Hefner’s Finances


wealthymattersI 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 ?

About Keerthika Singaravel
Engineer,Investor,Businessperson

Please Leave Me Your Comments!I Love Reading Them!

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: