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Playboy Mansion Bought By Former CEO Of Pabst Brewing Co.

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Playboy Mansion Bought By Former CEO Of Pabst Brewing Co.
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The Playboy Mansion is being sold to Daren Metropoulos, a Principal at Metropoulos & Co. He was the ex-CEO of Pabst Blue Ribbon. He also bought the neighboring home to the mansion in 2009 for $18 million.

The Wall Street Journal reports the home was listed for $200 million by Mauricio Umansky of the Agency with Gary Gold and Drew Fenton of Hilton, part of Hilton Hotels Corproation Common Stock (NYSE: HLT) & Hyland.

There is no confirmation on the exact price the home sold for, but the contract is in the works as of June 6.

WSJ reported that Metropoulos plans to combine the 20,000-square-foot home with his own to create a large, singular property. The mansion is one of the only private residences in Los Angeles that has a zoo license.

On June 1, the Australian Business Review posted that the sale of the mansion ties in with Playboy Enterprises chief executive Scott Flanders leaving the company to join private health insurance exchange, eHealth Inc., as its CEO.

Posted-In: Daren Metropoulos Drew Fenton Gary Gold Hilton Hyland Metropoulos & Co.News Real Estate Best of Benzinga

 

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