PLAYBOY ENTERPRISES INC
SC 13G, 1998-02-13
PERIODICALS: PUBLISHING OR PUBLISHING & PRINTING
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CUSIP No. 728117-20-1                 13G
          -----------             



Item 1.
- ------ 

(a)  Name of Issuer:  Playboy Enterprises, Inc.

(b)  Address of Issuer's Principal Executive Offices:

                          680 North Lake Shore Drive
                           Chicago, Illinois  60611

Item 2.
- ------ 

(a)  Name of Person Filing:  Hugh Marston Hefner

(b)  Address of Principal Business Office or, if none, Residence:

                            9242 Beverly Boulevard
                       Beverly Hills, California  90210

(c)  Citizenship:  United States

(d)  Title of Class of Securities:  Common - Class A (Voting)

(e)  CUSIP Number:  728117-20-1

Item 3.   If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
- ------    check whether the person filing is a:
          
          Not Applicable.

Item 4.   Ownership.
- ------              

(a)  Amount Beneficially Owned: 3,321,836. Hugh M. Hefner owns all of such
     shares under The Hugh M. Hefner 1991 Trust, a grantor trust of which he is
     settlor, sole trustee and sole lifetime beneficiary.

(b)  Percent of Class:  70.0%

(c)  Number of shares as to which such person has:

     (i)     sole power to vote or to direct the vote:  3,321,836
     (ii)    shared power to vote or to direct the vote:  None
     (iii)   sole power to dispose or to direct the disposition of:  3,321,836
     (iv)    shared power to dispose or to direct the disposition of:  None
<PAGE>
 
CUSIP No. 728117-20-1                  13G
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Item 5.   Ownership of Five Percent or Less of a Class.
- ------    Not Applicable.                                             
          
Item 6.   Ownership of More than Five Percent on Behalf of Another Person.  Not
- ------    Applicable.
          
Item 7.   Identification and Classification of the Subsidiary Which Acquired the
- ------    Security Being Reported on By the Parent Holding Company. Not
          Applicable.

Item 8.   Identification and Classification of Members of the Group.
- ------    Not Applicable.
          
Item 9.   Notice of Dissolution of Group. Not Applicable.
- ------                                                    

Item 10.  Certification. Not Applicable.
- -------                                  

          After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.



                                    ___________________________________
                                                   Date



                                    ___________________________________
                                    Hugh M. Hefner, trustee of
                                    The Hugh M. Hefner 1991 Trust


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