Bob Guccione who created the Penthouse magazine died due to cancer at the age of 79. He was survived by his wife, April Dawn Warren Guccione, and two of his children.
Penthouse, the heavy competitor to the Playboy magazine reaped a profit of $4 billion on his lead.
Bob Guccione was listed in 1982 Forbes 400 wealthiest people with nearly $400 million.
Once a ruler in business, Penthouse had its problems too; mainly because of Read more...
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