Penny Morgan, born Rachel Ryan on August 22, 1961 in Shaker Heights, Ohio, got her start in the industry at the age of 23 years old. She used her real name in her first film performances, but has used several stage names throughout her decade-long career.

She had a bit role in a movie called Clean and Sober, were she was reported to have started an affair with the film's star, Michael Keaton, which lasted for two years. Later, she went on to marry Richard Mulligan from the TV sitcom Empty Nest. She's also been linked romantically to Jack Nicholson and Charlie Sheen. Although she achieved some fame for these relationships with Hollywood actors, she's more famous among fans for her reputation as one of the most insatiable anal queens of the classic era. She appeared in more than 150 adult films throughout the 80s and 90s.