Bob Guccione, founder of Penthouse Magazine, Dies

Bob Guccione, who founded Penthouse magazine in the 1960s and built a pornographic media empire that broke taboos, outraged the guardians of taste and made billions before drowning in a slough of bad investments and Internet competition, died Wednesday in Plano, Tex. He was 79.

Mr. Guccione, who had lived in Texas for the past year, died of lung cancer at Plano Specialty Hospital after a long battle with the disease, said April Dawn Warren Guccione, his fourth wife.

http://www.nytimes.com/2010/10/21/business/medi...