The Metropoulos family specializes in saving iconic companies. C. Dean Metropoulos, the 71-year-old family patriarch has made his $2.5 billion fortune buying and resurrecting iconic brands Hostess, Vlasic Pickles, Utz snacks, Chef Boyardee, and Pabst beer. His sons, 37-year-old Evan and 34-year-old Daren are making names for themselves by buying super expensive and also iconic properties, including the Playboy Mansion. Evan currently has his West Hollywood penthouse on the market for $58 million, more than twice what he paid for it. That could buy a lot of Twinkies!
Let's take a look at a few of the properties the Metropoulos brothers have purchased.
500 South Mapleton Drive
Los Angeles, CA
Year Purchased: 2009
Purchase Price: $18 million
Details:This 2.3 acre property is next door to the Playboy Mansion and will become a part of that property.
Sierra Towers
9255 Doheny Road+
West Hollywood, CA
Year Purchased: 2015
Purchase Price: $31 million
Asking Price:$58 million
Details: The purchase price was for two apartments that were combined as well as a number of other units that make up a penthouse with 7,000 square feet inside and 4,000 square feet of balconies. The property has views of the city, mountains, and ocean.
775 South Mashta Drive
Key Biscayne, FL
Year Purchased: 2015
Purchase Price:$47 million
Details:Located on a 1.3 acre peninsula with a private lagoon, the home is 11,000 square feet with six bedrooms and eight bathrooms.
1187 N. Hillcrest Road
Beverly Hills, CA
Year Purchased: 2017
Purchase Price: $65 million
Details: A 7-bedroom, 10 bathroom, 18,000 square foot villa on 2.5 acres with panoramic views and gold leaf crown molding.
The Playboy Mansion
10236 Charing Cross Road
Los Angeles, CA
Year Purchased: 2016
Purchase Price:$100 million
Details:The deal gave Hugh Hefner the right to reside in the iconic mansion until his death. The 20,000 square foot home has 12 bedrooms and 21 bathrooms on 5 acres. The property also has a guesthouse, game house, and the famous grotto.
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