Twinkie billionaire no longer buying the Playboy mansion because Hef ain’t moving

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When the Playboy Mansion hit the market earlier this year, there was one big catch – that Hugh Hefner would get to live out the rest of his days in the home surrounded by his buxom lady friends.

We get it, Hef, we do.

So when it was reported in June that Twinkie Billionaire, Daren Metropoulos – son of billionaire Dean Metropoulos, principal at investment firm Metropoulos & Co. and a co-owner of Hostess Brands – had snapped up the famous home, we all assumed he was cool with keeping the 90-year-old Hefner around as a lodger.

According to TMZ, we were mistaken. Metropoulos, who reportedly paid around $110 million for the property, wanted to start restoring it and adding onto the structure. TMZ reports that Metropoulos that this meant he wanted a significant amount of access to the property — enough that Hef thought he was being unreasonable.

The parties allegedly haggled for weeks and sent several dozen versions of the deal back and fourth, to no avail. TMZ reports that the deal officially fell apart last night.

Expect to see the Mansion back on the market Monday. [TMZ]

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    It’s a bust!