Description: (Founder the Popular Adult Magazine 'Penthouse')
Bob Guccione, an American visual artist, photographer, and publisher, is renowned for establishing the adult magazine Penthouse in 1965. He transformed the industry by providing more explicit content compared to rivals such as Playboy, incorporating distinctive soft-focus photography and investigative journalism. Guccione experienced significant prosperity, entering the Forbes 400 list by 1982 and possessing an extravagant Manhattan mansion. Nonetheless, his success dwindled due to unsuccessful investments and the emergence of online adult content, resulting in the bankruptcy of his publishing empire in 2003.