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NEW YORK â For nearly four decades Hugh Hefner has revelled in a life of hedonistic indulgence and excess in the faux Tudor and Gothic opulence of the 29-room $50?million Playboy Mansion.
The founder of Playboy magazine has enjoyed the company of a revolving harem of hand-picked Playmates and thrown legendary parties lavish even Los Angeles standards, while overseeing an adult entertainment empire.
The 83 year-old, often pictured in his red velvet smoking jacket, has shown no sign of allowing his advancing years to affect his libidinous lifestyle. But Mr Hefner is now being sued by a disgruntled shareholder who claims he is putting his sybaritic desires above the interests of a business that has been in financial freefall in recent years.
David Brown, an investor from Los Angeles, alleges that “Hef” sabotaged potential deals for the sale of Playboy Enterprises late last year because he wanted to cling to his hedonistic existence.

See the full article from “Vancouver Sun”