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By the end of the 1950's the magazine was selling at a rate of more than one million copies a month.

To celebrate his accomplishment, Hefner threw the first Playboy Jazz Festival at the Chicago Stadium in Illinois and at the time it was called the greatest weekend in the history of jazz.

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Playboy Enterprises also included a modeling agency, book publishing, merchandising, a tv and motion picture company, and a record label.

In 1971, Hef bought the second Playboy mansion in Los Angeles, California, and in 1975 he decided to make LA his permanent home.

Hugh went on to marry, and have more kids (he previously had a wife and had two older children) and all the while his enterprise continued to have huge success.

Playboy is the most famous and best selling American mens magazine in the world.

There are more than 10 million American adults that read playboy every month, and it is published in 25 countries.

The magazine, which was founded in 1953 has grown into Playboy Enterprises and include Playboy online, tv, and radio.

Playboy Enterprises - offers information on the company including a bio of Hefner, news, and an FAQ section Hugh Hefner Biography - an explanation of the life of the founder of Playboy Enterprises The founder of Playboy is Hugh Hefner, who is also known as Hef. He worked as a copywriter for Esquire magazine until 1952 when he left because they refused to give him a raise.

In 1953 he raised enough money, and produced the first issue of Playboy from his kitchen table in his apartment.

The magazine went on stands in December of 1953 and featured Marylin Monroe on the cover but had no cover date because Hef was unsure there would be a second issue of the magazine.

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