Mr. Hefner was in the news recently for his charitable donation to keep the Hollywood sign up. Hef donated $900,000 to keep the property from falling into the hands of developers. Does this donation now squash Hugh Hefner's bankruptcy rumours?
Only about a year ago, he was trying to sell off Playboy due to falling sales which suggested that the once mighty magazine might be going under. If such a thing does happen, never fear, for at least we will still have this collection of Playboy innovations.
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From Naughty Economic Models to Hugh Hefner's Bankruptcy Rumours
By: Alex Scott - Published: Apr 28, 2010