When it comes to sugar daddies, no one does it better than Hugh Hefner, founder of Playboy Enterprises, Inc. and publisher of the iconic men’s magazine Playboy.
Hefner started his career in publishing working as a copywriter for the men’s magazine Esquire. After quitting his job, mortgaging his furniture, taking out a loan from the bank, and gathering money from investors (including his mother), Hefner launched the first issue of Playboy in 1953—it featured Marilyn Monroe and managed to sell over 50,000 copies.
Hefner started his career in publishing working as a copywriter for the men’s magazine Esquire. After quitting his job, mortgaging his furniture, taking out a loan from the bank, and gathering money from investors (including his mother), Hefner launched the first issue of Playboy in 1953—it featured Marilyn Monroe and managed to sell over 50,000 copies.
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