Playboy Mansion Sold, Albeit With One Odd Condition

Bunnies not included.

The Playboy mansion—all 29 rooms and 20,000 square feet of it—has been sold. The buyer is Daren Metropoulos, a neighbor and principal at private-equity firm Metropoulos & Company. While the price hasn’t been disclosed, here’s what we do know: Hugh Hefner isn’t moving out.

According to The Wall Street Journal, part of Metropoulos’ deal to buy the house includes a stipulation that the 90-year-old Playboy founder/silk robe aficionado be allowed to live there until he dies. When Hefner moves on to the great Playboy Club in the sky, Metropoulos will merge the Playboy mansion and grounds with his property next door.

Imagine being so rich that you can spend nine figures—the mansion was listed at $200 million—on a house that you can’t live in until someone dies. That’s so weird it’s almost impressive.

Publish date: June 7, 2016 © 2020 Adweek, LLC. - All Rights Reserved and NOT FOR REPRINT