The Playboy Magazine Kingpin on Monday donated the last $900,000 of the $12.5 million needed to buy 138 acres on Cahuenga Peak where the Hollywood Sign is located. Real Estate investors were planning on building luxury homes around the iconic sign until a fundraising drive by The Trust for Public Land intervened. In a press conference, Governor Arnold Schwarzenegger called the last minute hand out the "Hollywood ending we hoped for." SO ISH!
This isn't the first time Hef has come to the signs rescue. In 1978, he has part of a big campaign to fix up the then deteriorating sign to make sure the land would remain undeveloped and said he was happy to do it again!
"My childhood dreams and fantasies came from the movies, and the images created in Hollywood has a major influence on Playboy," Hefner declared in a statement. "As I have said before, the Hollywood sign is Hollywood's Eiffel Tower and I'm pleased to help preserve such an important culture landmark."
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