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Playboy is an American men's magazine, founded in Chicago, Illinois in 1953, by Hugh Hefner and his associates, and funded in part by a $1,000 loan from Hefner's mother. The magazine has grown into Playboy Enterprises, Inc., with a presence in nearly every medium. Playboy is one of the world's best known brands.[citation needed] In addition to the flagship magazine in the United States, special nation-specific versions of Playboy are published worldwide.
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