After 45 of years of infamous parties with every top A list celebrity over the past four and half decades, Hugh Hefner has finally decided to sell the Holmby Hills estate and part ways with one of the most famous homes in the world.
Well, kind of. According to TMZ, Hefner has reportedly sold the 21,987-square-foot, Gothic-Tudor mansion for a figure north of 100 mil to his next door neighbor Daren Metropoulos, the son of billionaire C. Dean Metropoulos. The elder Metropoulos, who used to own Pabst Brewing Company, is the Executive Chairman and Chief Executive Officer of C. Dean Metropoulos and Company, the company that owns Hostess Brands.
The younger Metropoulos, along with being a principal at Metropoulos, is also known as a party boy, including previously hosting a party at the mansion. Metropoulos purchased the home next door to Hef in 2009 for 18mil, and rumor has it he plans on combining the two estates.
If that is Metropoulos’s plan, it will have to wait as the 100+mil sale comes with one huge condition, the Hef himself. The 90-year-old Hefner is reportedly able to live in the home for the rest of his life before Metropoulos can actually take over the Mansion and presumably start throwing his own parties. For Metropoulos’s sake, let’s hope Hefner’s shelf life isn’t as long as the new owner’s main product the Twinkie, or it could be another two to three decades before he’ll be able to move in.