According to the news release from Playboy Enterprises: "Hugh M. Hefner, the American icon who in 1953 introduced the world to Playboy magazine and built the company into one of the most recognizable American global brands in history, peacefully passed away today from natural causes at his home, The Playboy Mansion, surrounded by loved ones."
The businessman has had quite a few interesting moments during his career. TheStreet takes a look at 4 reasons why Hugh Hefner was a legend.
For an upclose and personal story about Hefner, the business and his family - be sure to read today's story by TheStreet's Leon Lazaroff, he reports how Hefner's playboy enterprises was a progressive, family business.
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