Twinkie billionaire just paid at least $100M for the Playboy Mansion

Playboy-Mansion

Many people — ok, certain people — have dreamed of living in Hugh Hefner’s Playboy Mansion, and now, Daren Metropoulos, son of billionaire Dean Metropoulos and a principal at investment firm Metropoulos & Co. and a co-owner of Hostess Brands (maker of Twinkies), will live that dream.

According to the Wall Street Journal, Metropoulos, who currently lives in a house next door he also bought from Hefner for $18 million, has purchased the mansion for an undisclosed sum. “The heritage of this property transcends its celebrity and to have the opportunity to serve as its steward would be a true privilege.”

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Yes, this is an actual listing photo.

Though the brokers representing the sale did not tell the Journal how much Metropoulos paid for the home, Bloomberg reports that a broker said a losing bidder offered “nine figures,” meaning we can assume Metropoulos must have paid at least $100 million. The home was originally listed for $200 million.

According to the terms of the contract, Hefner has the right to remain in the property until he dies. At which point Metropoulos will combine his two properties. The Playboy mansion has a zoo license (one of the few homes in LA with that honor), 20,000 square feet, 21 bathrooms, 12 bedrooms on five acres, a gym, tennis court and, of course, a swimming pool with the infamous grotto.

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