| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $500 million | N/A | November 1, 1942 | Lakeville, Kentucky | Male | N/A | Entrepreneur, Publisher | American |
What is Larry Flynt’s Net Worth?
Larry Flynt’s net worth at the time of his death was estimated to be $500 million. Throughout his career as an entrepreneur and publisher, he accumulated significant wealth.
Highlights
– Larry Flynt had a net worth of $500 million at the time of his death.
– He was best known for being the president of Larry Flynt Publications, which produces magazines like “Hustler”.
– Flynt started his career by buying his mother’s bar in Dayton, Ohio, and expanding his business empire to include multiple bars and the Hustler Club.
– In 1974, he founded “Hustler” magazine, which quickly gained popularity and became a success.
– Flynt established Larry Flynt Publications (LFP) and the Hustler Video film studio, further expanding his business ventures.
Early Life
Larry Claxton Flynt Jr. was born on November 1, 1942, in Lakeville, Kentucky. He was raised by his mother in Indiana after his parents divorced following the death of his sister. Flynt dropped out of high school and joined the United States Army with a fake birth certificate. He later joined the United States Navy and worked as a radar operator on USS Enterprise.
Career
After leaving the Navy, Flynt ventured into business and purchased his mother’s bar in Dayton, Ohio. He expanded his business by opening more bars and eventually established the Hustler Club, featuring nude hostess dancers. In 1972, he turned the Hustler newsletter into an adult magazine, which became highly successful. Flynt went on to create Larry Flynt Publications (LFP) and the Hustler Video film studio, further diversifying his business interests.
Personal Life
Larry Flynt was married a total of five times and had four daughters and a son. He married his fourth wife, Althea, in 1976, who supported him in his business ventures until her death in 1987. Flynt was known for his outspoken views on politics and his championing of free speech rights. He disowned his eldest daughter when she became an anti-pornography activist and made allegations of sexual abuse against him.
Net Worth Over Time
Larry Flynt’s net worth grew significantly throughout his career as an entrepreneur and publisher. At the time of his death, his net worth was estimated to be $500 million. He amassed his wealth through his successful magazines, adult film studio, and various business ventures.
Components of Net Worth
The components of Larry Flynt’s net worth include his shares in Larry Flynt Publications (LFP), the Hustler Video film studio, profits from the Hustler Club, and other business ventures. Additionally, he generated income from his magazine sales, films, and other related merchandise.
In conclusion, Larry Flynt was an American entrepreneur and publisher who achieved a net worth of $500 million. He was best known for his role in the success of “Hustler” magazine and his contributions to the adult entertainment industry. Despite facing controversies and legal battles throughout his career, Flynt amassed significant wealth and left a lasting impact on the concept of free speech and obscenity laws in the United States.