Playboy (noun)

1. A wealthy man who is carefree and leads a life devoted to pleasure and leisure, often with a reputation as a ladies' man.
2. The name of a men's magazine published from 1953 to 2017.

Origin:

Play + boy, in reference to a wealthy man who is carefree and leads a life devoted to pleasure and leisure.

Examples:

1. The playboy was always seen at the best parties and events.
2. The young man aspired to be a playboy, with all the luxuries that came with it.
3. The playboy's reputation for womanizing was well known.
4. He was reading a playboy magazine.
5. The playboy's mansion was famous for its wild parties.