Hugh Hefner isn’t too old to play the stocks. The 84-year-old founder of Playboy Enterprises has announced that he’s willing to buy the $122 million worth of shares of the company that he doesn’t currently own in order to make the company private. Hefner hopes to buy the rest of the stock before rival company Penthouse Magazine has a chance to buy into the enterprise.
Unfortunately for Hefner, Playboy’s success has faltered in recent years as advertising revenue dropped and competitive companies, such as Penthouse, grew in popularity.
As Hefner fights for his company’s independence, here’s a look back at some of his most notable and unforgettable, er, fellow shareholders: