facebook
twitter
search
search

Hefner donates $900K for Hollywood sign

April 27, 2010 at 3:31 PM
| License Photo

LOS ANGELES, April 27 (UPI) -- Donations from Hugh Hefner and the Tiffany & Co. Foundation helped the Trust for Public Land buy the property on which the famed Hollywood sign sits.

The Los Angeles Times said the Playboy founder gave $900,000, while the Tiffany & Co.

Foundation and Aileen Getty donated $500,000 to the cause.

The trust now has the $12.5 million it needs to buy Cahuenga Peak, the 138-acre site where the iconic sign sits, from Fox River Financial Resources Inc., which reportedly planned to build luxury homes there.

The property once belonged to late aviator and filmmaker Howard Hughes.

"It's like saying let's build a house in the middle of Yellowstone Park," Hefner told the Times. "There are some things that are more important. The Hollywood sign represents the dreams of millions. It's a symbol. It is as the Eiffel Tower is to Paris. It represents the movies."

Like Us on Facebook for more stories from UPI.com  
Topics: Hugh Hefner
Latest Headlines
Top Stories
'Suicide Squad' has on-set therapist available for cast members
Olivia Munn gets ready for 'X-Men'
'Duck Dynasty' star John Luke Robertson weds Mary Kate McEacharn
Demi Moore stuns in ageless new photo
Pierce Brosnan and Gary Oldman's sons model for Saint Laurent