Playboy billionaire Stewart Rahr celebrates divorce by sending sex tape to mates

MOGUL and self-confessed "king of all fun" celebrates $250 million divorce from his wife by sending out a sex tape to his friends with the message: "What a trip, what a crew".

Stewart Rahr, pictured at Make-A-Wish Metro New York's 30th Anniversary Gala this month. Picture: AFP/Getty

AN American billionaire celebrated his divorce from his wife of 43 years by having an orgy in the back of a limousine and releasing a sex tape of the tryst to his friends.

Pharmaceutical mogul Stewart Rahr reportedly sent the tape of the act, which features himself and three young woman, to several of his New York contacts.

The emergence of the tape comes just a month after the 67-year-old reached a $250 million divorce settlement with ex-wife Carol.

In the tape, the self-titled "King Of All Fun" can be heard talking and instructing the three young women to perform a sex act, while the song I Don't Care, I Love It plays in the background.

In the email message he wrote: "What a trip, what a crew!"

Mr Rahr's lawyer Ben Brafman told the New York Post that while the footage may appear inappropriate or offensive "all the women are consenting adults who were engaged in friendly, voluntary and lawful behaviour".

Mr Rahr, who is worth an estimated $1.6 billion, married his wife before he built up his fortune and the couple did not have a prenup, the Daily Mail reported.

The billionaire has several high profile contacts including Donald Trump. Picture: AFP/Getty

The couple had reportedly been living increasingly separate lives for some time prior to the split and there was speculation about how their enormous wealth and assets would be divided.

While Mr Rahr has a reputation for being a hard party boy, he is also renowned for his charity work including giving large sums to the Make-a-Wish Foundation and forging strong connections with celebrities and other influential people including Donald Trump and former US President Bill Clinton.

He is also known to have a fiery temper and in December last year was banned from top New York restaurant Nobu after allegedly threatening to kill the manager over not getting his favourite table.

He later admitted to having a disagreement with the manager but denied threatening to kill her.