Larry Flynt Biography & Net Worth

Larry Flynt Biography & Net Worth

Larry Flynt is a prominent American businessman and publisher who is best known for being the owner of Larry Flynt Publications, a popular adult entertainment company. Following an attempt on his life by a gunman, he has been paralyzed for years and has been confined to a wheelchair. He has become embroiled in several controversies and legal battles over the course of many years, including a case over the “First Amendment’. Born in Lakeville, Magoffin County, Kentucky, in the United States of America to an army officer and a homemaker, Flynt was raised in hardship and poverty, and things got worse for him when his parents divorced when he was still quite young. He joined the United States Navy and Army from a brief period, resigned, and took up several small jobs in order to earn a living. He eventually raised enough capital with which he opened his first Hustler Club bar, and other things began to gradually fall in place for him. Larry Flynt is the publisher of the popular ‘Hustler’ magazine, which published explicit photographs of a former First Lady, gaining much media publicity. To learn more about Larry Flynt net worth as well as intriguing facts about his childhood, lifestyle and accomplishments, scroll down and keep reading this biography.

Larry Flynt’s Early Life

Larry Claxton Flynt, Jr. was born into the family of Larry Claxton Flynt, Sr. and his wife Edith. His father was a veteran of the Second World War and a sharecropper, while his mother was a homemaker. Due to the fact that his father’s military service required his absence from the family, he grew up under the care of his mom and maternal grandma until he was three years old. His siblings include a younger brother, Jimmy Ray Flynt, and a younger sister, Judy, who died from leukemia in 1951.

Due to irreconcilable differences, his parents got divorced, and he moved to Indiana with his mother. It was difficult for him growing up in Hamlet, Indiana as his mother’s boyfriend made life unbearable for him. He had to move back to Magoffin County and joined his father.

He studied in Magoffin County High School until he eloped at the age of 15 and enlisted in the Army using a fake certificate.

After he was discharged from service, he moved to Dayton, Ohio, and did different jobs, including working at the General Motors Assembly Plant. He joined the Navy in 1960 and served as a radar operator abode the Enterprise aircraft carrier. He served in the U.S. Navy for four years after which he was released.

Larry Flynt’s Career

In 1965, Flynt paid $1,000 to purchase the Keewee bar in Dayton, Ohio. Things picked up for him pretty fast, and he started to earn $1,000 weekly from running his bar. Following that, he saved up his earnings and purchased two more bars, working for 20 hours every day in order to build up his business. He soon opened a high-class bar called the ‘Hustler Club’. In 1968, he opened Hustlers Clubs in many other locations including Cleveland, Columbus, and Ohio. He then purchased the franchise of Dayton with the ‘Bachelor’s Beat’ newspaper, which he eventually sold two years afterwards.

In 1972, Larry Flynt he started a two-page publication named ‘Hustler Newsletter’. In no time, it became highly popular around town, and its pages were increased to 16. It became 32 pages in the following year, and gradually became a sexually explicit magazine following the 1973 oil crisis. Flynt published the first edition of Hustler in 1974. It soon became well known in America and in many other countries in the world, and led Larry to become a millionaire. By the 1970s, he owned and controlled many strip clubs across America. He created Larry Flynt Publications in 1976, and launched Ohio Magazine the following year. By 1998, his company, the Larry Flynt Publication, started making pornographic movies, which were mostly commercially successful and boosted his income tremendously.

Awards & Achievements

Larry was ranked number one on Arena Magazine’s list of “50 Powerful People in Porn” in 2003, and his induction into the “Hot d’Or Hall of Fame” took place around the same time. He was named Man of the Year by the Adult Film Association of America in 1978, and also won the Adult Video News in 1999.

Personal Life & Family

In his lifetime so far, Larry Flynt has married five times. He also has five children to his name. His first marriage was to Mary Flynt in 1961. They were married for a four-year period until their divorce in 1965. He moved on to Peggy Flint and was with her in marital union from 1966 to 1969. He found love with Kathy after his divorce from Peggy, and married her in 1970. However, their romance was embroiled in unpleasant situations, and they called it quits in 1975. His fourth marriage was in 1976, to Althea Leasure who unfortunately passed on eleven years later in 1987. Since 1988, Flynt has been married to Elizabeth Berrios, and they’ve spent the last three decades living happily and enjoying their retirement

Larry Flynt Net Worth

He made his huge fortune from his successful business career which he started from a very young age. He found considerable success by running his company, the Larry Flynt Publications after owning and controlling many bars and strip clubs across the United States. He is the owner of the Hustler Casino in Los Angeles, the Hustler Clubs, and the Hustler Hollywood Store. He is the owner of Hustler Magazine and also the publisher of the popular pornographic magazine ‘Barely Legal’.

Larry Flynt net worth is $550 million. At the moment, he is considered as one of the biggest and most popular publisher in the world. He has also published his own autobiography detailing his life’s story which can be described as the true definition of ‘from rags to riches.