Larry Flynt was a well-known American publisher and businessman. He was the president of Larry Flynt Publication (LFP), a company that specializes in the production of pornographic magazines, videos, and television channels.
Larry Flynt died on February 10, 2021. Larry Flynt net worth is estimated at a fantastic amount of $500 million at the time of his death.
How did he make this fantastic amount of money? Here are some highlights about Larry Flynt you need to know.
|Stage Name||Larry Flynt|
|Legal Name||Larry Claxton Flynt Jr.|
|Date of Birth||November 1, 1942 – February 10, 2021 (aged 78)|
|Height||5 ft 10 in (179 cm)|
|Larry Flynt Net Worth||$500 million|
|Salary / earning / income per year||–|
Larry Flynt Private Background
Larry Flynt was a publisher and president of Larry Flynt Publications (LFP). The LFP has produced magazines like ‘Hustler’. Before we discuss Larry Flynt net worth and career highlights, here is the basic information you need to know about him.
- Legal Name & Stage Name: Larry Flynt’s legal name was Larry Claxton Flynt Jr.
- Date of Birth: Larry Flynt was born on November 1, 1942, and has died on February 10, 2021.
- Gender & Height: Larry Flynt was a male with a height of 189 cm tall.
- Nationality: He was born in Kentucky, U.S. And he is American.
- What is Larry Flynt Best Known for?
- Larry Flynt was best known as a publisher and president of Larry Flynt Productions (LFP), which mainly produces pornographic magazines, videos, and TV channels under the name Hustler TV.
- Considering his influences in the industry, Larry Flynt also listed as the no.1 on the ’50 Powerful People in Porn’ by Arena Magazine in 2003.
Tender Age of Larry Flynt
Larry Flynt was the elder son of Edith and Larry Claxton Flynt Sr. He has two younger siblings Judy and brother Jimmy Ray Flynt. Larry Flynt was raised solely by his mother and his grandmother due to his father’s absence from joining World War II.
Larry Flynt described his early life as living in poverty with his mother in Magoffin County, one of the poorest counties in the U.S. during the Great Depression. His sister died in 1957 due to leukemia at age four and his parents divorced one year later.
Young Larry Flynt had joined the US Army and Navy until 1964. He also has worked for a manufacturing company in Indiana and as a bootlegger in Kentucky. Until 1965, Larry Flynt took his savings money to start a business for his mother and became a businessman since then.
Larry Flynt attended Magoffin County High School (then Salyersville High School) but never finished it because he decided to join the US Army.
- Personal Life
Larry Flynt was married five times during his life. His first marriage was with Mary Flynt in 1961 and divorced in 1965. The second wife was Peggy Mathis, who married in 1966 and divorced three years later. The third wife was Kathy Barr, married in 1970 and divorced in 1975. The fourth wife was Athea Leasure, married in 1976 but she died in 1987. The last marriage was with Elizabeth Berrios in 1998 and lasted until his death. Larry Flynt had four daughters and a son.
Larry Flynt’s Career
After working for some years in Kentucky and leaving the Navy. Larry Flynt tried his hand at a number of different businesses. His entrepreneurship began by purchasing his mother’s bar in Ohio with $1,800 from his savings and being able to make roughly $1,000 each week.
Larry Travis then used the profit to buy another two bars and built his businesses even advanced. In 1968, Larry Flynt opened his new Hustler Club as a higher-class bar. He was getting more success and expanded his bar to other cities like Cincinnati, Toledo, Cleveland, and Akron.
In 1972, Larry Flynt opened his first Hustler newspaper but then struggled to strive during the crisis in 1973. Instead of closing Hustler Newspaper, he decided to change it into an adult magazine in 1974. The idea was a success story, selling more than one million copies in 1975, and rocketing Larry Flynt net worth.
Throughout the process, however, Larry Flynt had to battle a number of people who believed the magazine’s material was too graphic. The magazine’s earliest “pink-shots” (images of exposed female bodies) and paparazzi photos of former First Lady Jacqueline Kennedy Onassis sunbathing naked were among the most contentious materials published in the magazine’s early days.
Finally, in 1976, Larry Flynt established his own company, Larry Flynt Publications to control all the business activities including his magazines, pornographic videos, and even opened a film studio and TV channel, all focused only on adult content.
During his business journey, Larry Flynt also fought for many legal battles regarding regulations of pornographic and free of speech in the U.S.
Larry Flynt Net Worth
Larry Flynt net worth was approximately $500 million at the time of his death. This fantastic amount of wealth was accumulated from his successful business pornographic publications. But were there any other businesses associated with Larry Flynt net worth? Here is some information about Larry Flynt net worth you need to know.
We all know that Larry Flynt was very best known for his business in clubs, pornographic content, and as the president of LFP. However, Larry Flynt net worth also came from other businesses he had. In 2000, Larry Flynt opened his own casino named Hustler Casino in Los Angeles.
- Real Estate
As a very successful businessman, it is obvious that Larry Flynt net worth also includes some lavish properties and investments. He bought a mansion in Maui County, Hawaii, for $5.7 million in 2015. A luxury mansion with a size of 4,225 sq ft with an ocean view. Before that, Larry Flynt had been reported to sell his company’s HQ in Beverly Hills for $89 million. He bought the building only for $19 million in 1994.
- Private Jet
In 2005, Larry Flynt bought a private jet, Gulfstream IV, which replaced his previous jet, Gulfstream II from 1994.
- Annual Revenue
With his porn empire held by LFP, Larry Flynt net worth was accumulated from his annual revenue about $135 million per year.
- How does Larry Flynt make money?
A very tremendous amount of Larry Flynt net worth primarily came from his company LFP which consisted of some businesses in adult entertainment or pornographic publications, clubs, and luxury casino.
Larry Flynt Death
Larry Flynt served as the CEO and owner of LFP until he died on February 10, 2021, due to heart failure.
Larry Flynt dead on February 10, 2021, due to heart failure. His company legacy is now continued by his widow, Liz Flynt as the vice president of the company.