Hugh Hefner promises part of his fortune to the USC School of Cinematic Arts
From playboy to playwrights
Hugh Hefner, founder of the Playboy brand, died Wednesday evening at the age of 91. Estimates have his wealth at roughly $50 million, as well as full ownership of the Playboy magazine.
Us weekly reported in 2013 that "Hefner's … fortune is promised to 'his children, the University of Southern California film school and a variety of charities.'" It is unclear how much of his fortune will actually go to the university, or whether his will has changed in the last 4 years, but Hefner was an advocate of the film school for years.
In 2007, he donated $2 million to the School of Cinematic Arts to fund "storytellers of the future."
Hefner's death inspired reactions by many for his deep impact on the American cultural identity.