Hugh Hefner, who is 86, has tied the knot with 26-year-old playmate Crystal Harris in a fairytale wedding on New Year's Eve at the Playboy Mansion.

The wedding was more than a year after their planned 2011 nuptials which were cancelled when Harris got cold feet.

This marks the third marriage for Hefner.

Hefner divorced his second wife Kimberley Conrad, also a former Playmate, in 2010.

His first marriage to Mildred Williams ended in 1959.

He has two children from each marriage.