Jeff Beacher Net Worth: Offers to Buy Playboy Mansion for $90 Million, Hefner Allowed to Stay

Entrepreneur and actor Jeff Beacher recently meet with the Playboy executives because of his intention to purchase Hugh Hefner's Playboy mansion.

The mansion is listed for $200 million but Beacher reportedly offered only $90 million for the mansion. Of the said amount, $12 million is Beacher's own money while the rest will come from investors. He also revealed that he intend to use the name "Playboy" for the area which he is planning to develop into an exclusive, members-only resort, Celebrity Net Worth reported.

Beacher also expressed his plans to restore the mansion into its former glory. He plans to create an upscale destination both for business purposes as well as for pleasure.

"We envision this as a private hotel-meets-country club," Beacher said according to Los Angeles Business Journal. "It's beautiful, historic, and perfect for what we want to accomplish."

Last month, Hustler founder Larry Flynt has shown interest for the house with less than half of its asking price but he plans on evicting Hefner from the mansion. But Beacher has other plans since he will allow Hefner to live in the properly until the day of his death.

For Beacher, who is worth $50 million, the presence of Hefner in the mansion is an added appeal to the proposed exclusive resort. But it is not yet confirmed if the Playboy executives will agree with Beacher's deal, although they are seriously considering it except for the price offer which is way lower than the asking price. Reports said that further discussions will still be done.

The actor said that he is serious about his offer and is even planning to spend $20 million for renovating the mansion. He will also build five bungalows in the area for the guests, TMZ reported.

Jeff Beacher is the man behind "Beacher's Madhouse" which is a burlesque nightclub that features a circus sideshow inside that includes a "world-famous flying midget bartender," pro wrestling, and goats, Curbed wrote.