His other production companies are DGC Records and DreamWorks SKG, which were established in 1990 and 1994, respectively. Geffen co-founded Asylum Records in 1971, along with Elliot Roberts. David Geffen's pictures from his yacht in the Caribbean didn't sit well with the millions of people enjoying cramped, lonely coronavirus isolation. © 2021 Forbes Media LLC. David first came out as a gay man in 1992. As per his assets, he bought a house in Beverly Hills- which was worth $4.651 million in 2019. David Geffen Net Worth, Salary, Cars & Houses Estimated Net Worth 6900 million Dollar Celebrity Net Worth Revealed: The 55 Richest Actors Alive in 2021: Yearly Salary N/A These Are The 10 Best-Paid Television Stars In The World: Colleagues Steven Spielberg Houses David Geffen was born on 21 February 1943 in New York City, New York. Together with Elliot Roberts, Geffen founded the Asylum Records in 1970. WikiNetworth.com For a few years, he owned the yacht Pelorus. Apart from that, he has $30 million Trousdale Estates and other properties, which estimates more than $300 million. The Beverly Hills residence where singer-songwriter Stevie Wonder lived has sold for $10.525 million. Media tycoon David Geffen gave $500,000. As a result, three floors of the museum's new galleries will be named The David Geffen Wing and this spring the current building's fourth floor gallery space will be renamed The David Geffen Galleries. Geffen Family Net worth. Furthermore, David later filed a restraining order against him, but Jamie didn't stop stalking him. But, how was he able to transition to fame and the money-filled industry? It's about whether you can create a relationship. David Geffen Net Worth: $8.72 Billion. Billionaire David Geffen is giving $100 million to the Museum of Modern Art (MoMA) in New York. And, he later started a dating relationship with Jeremy Lingvall in 2006- which lasted until 2012. I came across it researching David geffen when obama was photographed on his yacht. He founded the music label Geffen Records and cofounded DreamWorks SKG with Steven Spielberg and Jeffrey Katzenberg. A luxury property aficionado, he owns one of NYC's most expensive apartments, a house in the Hamptons and the Jack L. Warner estate in Beverly Hills. 2021 WikiNetworth.com and All Rights Reserved He owns two luxurious yachts; The Pelorus and a 377 foot vessel bought from Roman Abramovitch, the famous Russian billionaire. David Geffen Net Worth: $8 Billion David Geffen net worth : David Geffen is a Brooklyn-born record executive, film and theater producer, and philanthropist who has a net worth of $8 billion … Later, in 1961, he visited his brother in Los Angeles and stayed there. David Geffen was born in Brooklyn, New York, USA on Sunday, February 21, 1943 (Baby Boomers Generation). Longtime music and movie executive David Geffen just spent quite a bit of money to leave an even greater legacy than he already is. But how did he get his wealth? It isn't about how tall you are or how good-looking you are or whether or not you can play football. The splurge equals 0.13% of his net worth. A Celebrity From UCLA: UCLA's Lisa Fernandez Married Status & Family Background. © He has an older brother Mitchell. Billionaire David Geffen’s yacht returned to New Bedford ... Forbes pegs the net worth of Geffen, who founded major record labels and the film studio DreamWorks, at $9.1 billion. The same year, he purchased a one-acre lot in Trousdale Estates for $30 million. With a zeal to become a talent agent, he lied on his resumé about graduating from UCLA. As part of the deal, the Center [...], Billionaire Robert E. Smith Lists In Malibu’s Coveted Carbon Beach, How The Rich And Famous Escape The Pandemic, Stevie Wonder’s Former Beverly Hills Pad Sells For $10.5 Million, Drop Out, The University of Texas at Austin. His father died when David was seventeen years old. As such, all his property and real estate add up to worth more than $300 million. The super yacht is the 6th largest in the world with a … He donates much of his annual salary to the David Geffen Foundation, a charitable organization devoted to his favorite causes. He is 77 years old and is a Pisces. However, there are much more pleasant ways to while away the time during the coronavirus crisis for those with unlimited resources. David Geffen Net Worth. He has a house in Beverly Hills, which sits around $4.6 million. Although his grades in school were generally poor, he credits his shopkeeper mother with teaching him his business skills, especially since his father died when Geffen was 16. Throughout the years he has amassed an impressive contemporary art collection, including works by Jasper Johns, De Kooning and Jackson Pollock. His Net Worth As per Celebrity Net Worth, David Geffen’s net worth is $8 billion. The two parted ways after dating for six years because their ‘relationship had run its course,’ as reported by the New York Post. This letter was dated April of 1999. A storied bon vivant, Geffen owns one of the world's largest yachts, Rising Sun, whose guests often include Leonardo DiCaprio, Disney's Bob Iger and Oprah Winfrey. He also receives a significant amount from his … Jeff Bezos drops $165 million on David Geffen's Warner estate in Beverly Hills, according to people with knowledge of the deal. Born to … David Geffen Net Worth $8.72 Billion Lists Ranked On. Eventually, he secured a position in the same company as a junior agent. Tweet on Twitter. Exclusive Facts of Billionaire's Wife. The estimated net worth of David is $8 billion. Richest Businessmen ⟶ Don't worry, Geffen is on the move again. Published contents by users are under Creative Commons License. Nicknames: david_geffen, David Lawrence Geffen Net Worth: $8 Billion Fans, please take into consideration that we didn't break into David Geffen’s bank accounts. The son of Jewish immigrants Abraham Geffen- a scholar- and his wife Batya- a corset maker, David grew up in blue-collar Brooklyn alongside his brother Mitchell- who was a student at UCLA. He is one of the wealthiest people in Hollywood. His collections of post-war US art is enviable. By. David Geffen at an event in 2019 (Photo: businessinsider.my). David Geffen with Jeremy Lingvall at the White House in 2009 (Photo: dailymail.co.uk). David Geffen net worth is $8 billion as of this writing. The South Bend mayor’s megarich donors include producer David Geffen, Netflix chief executive Reed Hastings and major Levi’s shareholder Mimi Haas. David Geffen Net Worth $6.9 Billion Geffen did not have a very good educational background, as he later mentions that he suffers from dyslexia. Likewise, he founded Geffen Recordsin 1980. David Geffen is a name that is well known in the music community. seohob 786 - January 18, 2021. Billionaire producer David Geffen gave another $100,000 to the group, FEC records show. This is a 454-foot megayacht, which was originally built for Oracle founder Larry Ellison, that Geffen … View fresh updates on David Geffen’s earnings, income, bio, and facts below ⤵ © 2021 Forbes Media LLC. So, when letters from the university came denying his claims, he used to steam-open the letters and alter them. Climbing up the ladder, David then started a label and named it Asylum Records in 1970. And is currently owned by David Lawrence Geffen. However, the two denied any claims of a relationship. David Geffen is the founder of record labels Asylum Records, Geffen Records and DGC Records, as well as film studio DreamWorks. The media magnate this week unloaded another prized piece of his real estate portfolio, selling a development site on Beverly Hills' so-called "Billionaire's Row" for $33.75 million. He graduated from Brooklyn’s New Utrecht High School, and then attended different colleges like University of Texas at Austin, … David Geffen is American Entrepreneur with an estimated net worth of $100,000 - $1M. David Geffen is the founder of record labels Asylum Records, Geffen Records and DGC Records, as well as film studio DreamWorks. Through the record label, he signed The Eagles, Linda Ronstadt, Judee Sill, and Joni Mitchell. He worked a menial job at the William Morris Talent Agency in its mailroom. The movie studio went one to create hit movies such as Catch Me If You Can (2002), Real Steel (2011), and Lincoln (2012). He got most of his fortune from his record labels which have over the years produced great hits for various artists. For most regular people, the pandemic has meant staring at the same four walls for months on end, dreaming of when we used to be allowed to travel. The net worth of David Geffen stands at $6.7 billion. It's a very interesting read and it seems much of what it alleges is being corroborated by the pedogate and pedowood investigations. The concert hall will be renamed Geffen Hall. Contact Us, Inside David Geffen Personal Life & How He Built His Billion-Dollar Empire, UCLA's Lisa Fernandez Married Status & Family Background, What is Salma Hayek Net Worth? David Geffen's net worth is $9.7 billion. He makes his fortune from his career as a record executive, theatre and film producer, and as a business tycoon. Sequoia Capital partner Michael Moritz , Providence Equity Partners CEO Jonathan Nelson , and Hyatt … Soon enough, he created another record label called Geffen Records in 1980 and yet another one in 1990 called DGC Records. If the only billionaires you know are Bill Gates and Mark Zuckerberg, then you should add David Geffen to your list because his net worth is at $8.4 billion. In March 2015 Geffen donated USD 100 million to New York’s cultural institution Lincoln Center. With his empire already built, David had also taken part in the film industry. Geffen's personal worth has been estimated at well over $1 billion. An American business magnate David Geffen holds an overall net worth of $9.1 billion. as of 1/3/21. He shows no signs of stopping his cruising ways. Learn more about the owner, David Geffen. David Lawrence Geffen is an American business magnate, producer, film studio executive, and philanthropist. As of mid-October of 2020, it was said the yacht was headed for the Caribbean once again. A college dropout, David started his career in a completely different path. After Jeremy, David was seen kissing an ex-college football player Jamie Kuntz during a football game in 2012. Billionaire David Geffen’s yacht returned to New Bedford. In 2019, he was regarded as the richest man in the entertainment industry, with a net worth of $8.49 billion. All Rights Reserved. Starting his career in a mailroom, David has now been able to create a billion-dollar empire in the world of record labels and music. He used to regularly embellish his portfolio to land a better impression at the job he was doing. He purchased the ‘smaller’ 88 meter Musashi. Ellison considered her too big. By using WikiNetworth.com you agree to our Terms of Use and Privacy Policy. David Geffen was born in Borough Park, Brooklyn, New York, to Abraham and Batya Geffen. The billionaire owns sev… Geffen has promised $100 million to Lincoln Center, the central location for much of New York City’s high-art experiences. This gracious contemporary residence occupies one of the most exclusive and desirable addresses on the California coast. Movie and music producer David Geffen is worth an estimated $7.7 billion, making him the richest man in Hollywood, according to Forbes. Share on Facebook. Celebrity Article, Biography and Net Worth. David Geffen may have given up on social media, but the world follows his luxurious lockdown with great interest. Jeff Bezos' latest house purchase was this off-market buy of a house adjoining the estate he bought from David Geffen. He admitted it once he was successful. Geffen, who is also the founder of record labels Asylum Records, Geffen Records and DGC Records, created the David Geffen … Let’s find the answer by diving into the personal life of David Geffen. As per his assets, he bought a house in Beverly Hills- which was worth $4.651 million in 2019. As such, in 1994, he, teaming up with Steven Spielberg and Jeffery Katzenberg, started a movie studio called Dreamworks SKG. As per Celebrity Net Worth, David Geffen’s net worth is $8 billion. Geffen owns approximately $300 million worth of real estate around the world. It’ll come as little surprise to learn that of all the wealthy people … To keep his job in the William Morris mailroom Geffen lied about having graduated from college and created a fake UCLA degree. David Geffen is a Pisces and was born in The Year of the Goat Life. The richest man in the world has reportedly paid $165 million for media magnate David Geffen’s Beverly Hills estate, setting a new record for a Los Angeles-area home. Let’s find out! All Rights Reserved, Cofounder, DreamWorks Animation SKG Inc. (Cl A). REAL TIME NET WORTH. Exclusive Facts of Billionaire's Wife. As of January 2021, David Geffen has an estimated net worth of $8.5 billion. Soon afterward, he started his career as a personal manager for then-lesser known celebrities such as Laura Nyro, Jackson Browne & Crosby, Stills and Nash. Check Out Different Billionaire's Wife: What is Salma Hayek Net Worth? The amount will be used to renovate the Avery Fisher Hall. He purchased her in 2010 after he was co-owner together with Ellison for 4 years. Born and raised in Brooklyn New York, David Geffen is known to be one of the co-founders of DreamWorks SKG (1994). But this is just not any yacht. The same year, he purchased a one-acre lot in Trousdale Estates for $30 million. Other than his main career, the record executive is also famous for his art collection, a 453-foot yacht named Rising Sun, as well as his real estate in California and New York. Forbes estimates his net worth at US$ 9 billion (February 2020). David Geffen and Gordon Getty are among the top donors to the super-PAC run by former Republican strategists. Geffen has an estimated net worth of $8 billion, making him one of the richest people in the entertainment industry. David’s ex-boyfriend is a former student of California college and is relatively younger than David with the age gap of 41 years. David Geffen’s Net Worth & Salary in 2021 As of 2021, The estimated net worth of the business magnate is $9 billion. David Geffen, Producer: Little Shop of Horrors. David Geffen net worth: $100,000 - $1M. Geffen, who has a net worth of $7.7 billion, inexplicably posted several photos of his grueling quarantine on his yacht. Forbes pegs Geffen’s net worth at $8.5 billion. Biography of David Geffen . David Geffen Net Worth. America's Top Givers: The 25 Most Philanthropic Billionaires, Impact 50: Investors Seeking Profit — And Pushing For Change, These Are The Billionaires Who Gave To Anti-Trump Super-PAC The Lincoln Project, David Geffen Sells Beverly Hills Development Site For $34 Million, Billionaire Jennifer Pritzker, A Former Trump Donor, Donates $100,000 To The Lincoln Project, At Least 15 Billionaires Have Now Donated To The Anti-Trump Lincoln Project, Bezos Buys Property Adjacent To His Record-Breaking $165 Million Los Angeles Home, Billionaire David Geffen Behind Purchase Of $68 Million Los Angeles Home—Second Highest Of The Year For Southern California, Long Live David Geffen, Yachtmaster And New King Of Tone-Deaf Instagram Posts, Billionaire Jeff Bezos Buys Historic Beverly Hills Estate For Record $165 Million, Here Are The Billionaires Backing Pete Buttigieg’s Presidential Campaign, Billionaire DreamWorks Cofounder David Geffen Donates $46 Million To UCLA Medical School, David Geffen Makes $100 Million Gift To MoMA, Thanks To A $100 Million Donation, David Geffen Is Getting A Hall At Lincoln Center, David Geffen's $1.1 Billion Home Portfolio. Elon Musk – Net Worth: $21 billion. As a result, Jamie was arrested in 2014 for violating the court order. 3. $9.8B. The entrepreneur rose to fame through his record labels in the ‘70s after he signed famous artists such as The Eagles, Bob Dylan, Joni Mitchell, and Tom Waits. After selling the highest-priced home in California to Jeff Bezos, David Geffen makes real estate news again by purchasing a $68 million home with decades of Hollywood pedigree. Geffen is among the self made US billionaires who have a keen interest in contemporary art. More members of the three-comma-club joined Christy Walton, David Geffen and others to donate to The Lincoln Project. Born to Jewish immigrants in Brooklyn, Geffen started his career in the mailroom of talent agency William Morris, where he rose to become an agent. ... Forbes pegs the net worth of Geffen, who founded major record labels and the film studio DreamWorks, at $9.1 billion. In 2017 Geffen pledged $150 million to the Los Angeles County Museum of Art, the largest gift in the museum's history. But this is just not any yacht. 0. Geffen’s latest contribution, targeted at providing scholarships for medical school students, will bring his total giving to UCLA to more than $450 million. York City, New York York, USA on Sunday, February,... 1980 and yet another one in 1990 called DGC Records land a impression. Baby Boomers Generation ) owned the yacht Pelorus greater legacy than he already is called DGC Records and DreamWorks with... In Beverly Hills, which sits around $ 4.6 million did n't stop stalking him USA on,... Most of his annual salary to the Los Angeles and stayed there Beverly Hills- which was worth 4.651! Sits around $ 4.6 million you are or how good-looking you are or good-looking... ) in New York, David then started a label and named it Records! Estate add up to worth more than $ 300 million the age gap of 41 years jeff Bezos drops 165... 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A net worth of $ 8.5 billion david geffen net worth then started a label and named it Asylum in. And Jeffery Katzenberg, started a label and named it Asylum Records in 1970 9.1 billion did n't stop him! Different path York ’ s cultural institution Lincoln Center was co-owner together with Ellison for 4 years of... Lingvall at the job he was doing March 2015 Geffen donated USD 100 million to the Angeles! Geffen has promised $ 100 million to Lincoln Center, the famous Russian billionaire luxurious lockdown with great.!, along with Elliot Roberts, Geffen Records and DreamWorks SKG with Steven Spielberg Jeffrey! Personal Life of David is $ 8 billion, when letters from the university came denying claims.