Twinkies Owner Buys Playboy Mansion For $200 Million. But There Is A MAJOR Catch…

The 32-year-old billionaire owner of Twinkies has added the Playboy mansion in Los Angeles to his collection.

Daren Metropoulos, the son of Greek American billionaire and private equity tycoon C Dean Metropoulos, has bought the infamous home of celebrity pornographer Hugh Hefner for about $200m. He currently lives in a $18m mansion next door and plans to join the two properties together to create a 7.3 acre compound.

But, there’s a catch. Metropoulos won’t be able to move into the 29-room Playboy mansion in the exclusive Holmby Hills neighbourhood until its current tenant, “Mr Playboy” dies. Hefner is 90.

“We can confirm that the Playboy Mansion is in escrow with Daren Metropoulos as the buyer,” a Playboy Enterprises spokesman told the Guardian. “Due to confidentiality restrictions, we are not able to comment on any specifics, including what contingencies need to be cleared to close the sale.”

Metropoulous, whose private equity firm bought Twinkies-owner Hostess Brands in 2013 and previously bought and sold Pabst Blue Ribbon (PBR) beer, did not respond to requests for comment. He told the Wall Street Journal that: “The heritage of this property transcends its celebrity and to have the opportunity to serve as its steward would be a true privilege.”

The young entrepreneur is no stranger to the Playboy mansion. In 2013 he and his brother Evan hosted a party with Snoop Dogg in the mansion’s grounds where they partied with Hefner and the Playboy bunnies.

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