Hugh Hefner started Playboy because he didn’t get a $5 raise!
Hugh Hefner is a media magnate and the ultimate bachelor. Even though he’s over 80 years old, he is still revered by men for his way of life. The Playboy empire has expanded beyond magazines into night clubs and resorts
One of his inspirations for Playboy might have been the fact that his first wife had an affair, confessed and said he was able to see as many women as he wanted to.
After spending some time in Northwestern, he went on to work for Esquire magazine. He tried to negotiate a $5 raise that they didn’t give him. After that, he left and raised $8,000 in investment money to launch the first issues of Playboy. He turned that money into a media giant and his net worth is now over $300m!