Sunday, April 09, 2006

Capitalist of the week: Hugh Hefner

Hugh Hefner, one of America's great capitalists, celebrates his eightieth birthday today.
"I never intended to be a revolutionary. My intention was to create a mainstream men's magazine that included sex in it. That turned out to be a very revolutionary idea."
- Hugh Hefner
Born and raised in Chicago, Hefner served in the Army toward the end of World War II. He graduated in two and a half years from the University of Illinois Champaign/Urbana while drawing cartoons for the Daily Illinois.

After several jobs in advertsing and publishing, Hef decided to launch his own magazine. The first issue of Playboy hit newstands in December of 1953 and featured the now-famous calendar photo of Marilyn Monroe. That first issue, produced on the kitchen table of Hef's southside Chicago apartment didn't have a cover date because he wasn't sure he could afford to publish another. But that first issue sold more than 50,000 copies and Hefner's entertainment empire was born.

Happy birthday, Hef!

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