Hefner will be laid to rest at Westwood Village Memorial Park in Los Angeles.
Hefner had purchased the plot next to Monroe 25 years ago for USD 75,000, reported People magazine.
Monroe, who passed away in 1962 at the age of 36, was the first cover girl of the magazine when it debuted in 1953.
Westwood is the final resting place of some of Hollywood s biggest names, including Natalie Wood, Farrah Fawcett, Truman Capote, Dean Martin, Zsa Zsa Gabor and Rodney Dangerfield.
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