How Porn Publisher Larry Flynt Hustled — And Wound Up Richer Than Hugh Hefner
One key to Flynt’s enduring wealth seems to be that, in contrast to
the free-spending Hefner, Flynt has always been as focused on the bottom
line as on political provocation. “My editorial staff on Hustler is 7,”
he told the Daily Mail in 2015. “[Hefner’s] is probably somewhere between 40 and 50. I make a profit whereas he’s losing money every month.”
That attention to fundamentals has given Flynt the leverage to grow his core operation steadily, acquiring
multiple other producers of adult entertainment, and growing divisions
including the international cable TV operation Hustler TV. So while the
Playboy empire was often on the rocks in Hefner’s final years, Flynt’s
Beverly Hills headquarters still appear to be bustling. In fact, Flynt reportedly considered a bid to buy the Playboy Mansion last year.
(Fortune.com)
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