I believe you all know Hugh Hefner the Playboy founder. He is notorious to have a harem of top notch Playmates. I was interested to know how much to fund his kind of lifestyle. Figure that should have amounted to lots of cash but let's see.
According to
TMZ:
Quote:
We've just obtained Hugh Hefner's income and expense declarations that were filed with his divorce papers -- proving the Playboy head honcho is just as loaded as you thought.
Here's how much Hugh rakes in per month:
-- 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
In addition, Hugh has the following 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
And here's how Hugh spends his millions per month:
-- 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
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Add to the news that
he pays his harem of Playmates to the tune of 1000 dollars a week each. So that is around $30,000 or so per month based on the news that he has 7-8 girlfriends at a time.
Hence, his monthly expense is about $140k, or $1.7 million a year. I know top executives and sales guys here in Singapore that make more than that every year, and it just shows what sort of perception Hugh Hefner has managed to create.
Do consider that this man has had more sex than most guys with a lot of variety of women on his terms, and he doesn't even bother to spend time to seduce his way into women's pants.
It just shows that money can buy almost everything, and while $1.7 million a year is not a small chunk of cash, it should be able to be done at a smaller amount when you execute this in developing countries and it makes me wonder why it is not in every man's retirement plan.