David Geffen is an American business magnate, producer, film studio executive, and philanthropist. Billionaire music and movie producer David Geffen is the richest man in the entertainment industry. He's worth an estimated $8.49 billion, according to Bloomberg's Billionaires Index. He founded music label Geffen Records, which he sold in 1990 for $550 million. He also co-founded movie studio DreamWorks SKG with Steven Spielberg and Jeffrey Katzenberg. He owns millions of dollars of real estate in New York and California, a $2 billion art collection, and a $590 million superyacht where he hosts high-profile guests like the Obamas, Jeff Bezos, Tom Hanks, Oprah Winfrey, and Orlando Bloom. Scroll down to know more about his biography, career, business, wealth, gay, boyfriend and more.
Famous For
- Being an owner and founder of Asylum Records which he founded in 1971 with Elliot Roberts, Geffen Records in 1980, DGC Records in 1990, and DreamWorks SKG in 1994.
Source: @standard.co.uk
Early Life of David Geffen
David Geffen was born on February 21, 1943, in Borough Park, Brooklyn, New York, USA as David Lawrence Geffen. He holds American Nationality and belongs to Mixed ethnicity. His birthday falls on 21st February of every year. Recently a month ago, on 21st February 2020, he celebrated his 77th birthday lavishly in the presence of many High profiles and Rich people of the USA. His father's name is Abraham Geffen and his mother's name is Batya Volovskaya. His mother was an owner of a clothing store in Borough Park called Chic Corsets by Geffen. Both of his parents were Jewish immigrants who met in Mandatory Palestine and then moved to the United States. Geffen graduated from Brooklyn's New Utrecht High School in 1960. He attended the University of Texas at Austin for a semester, and then Brooklyn College, before again dropping out. He then moved to Los Angeles, California to find his way in the entertainment business. He attended Santa Monica College in Santa Monica, California, but soon left. He attributed his challenges in school to dyslexia. He is Jewish and a follower of Judaism.
Career of David Giffen
- After a brief appearance as an extra in the 1961 film The Explosive Generation, Geffen began his entertainment career in the mailroom at the William Morris Agency (WMA), where he quickly became a talent agent. Geffen co-founded Asylum Records in 1971 with Elliot Roberts.
- Asylum became a generator of the Southern California folk-rock sound and signed artists such as the Eagles, Joni Mitchell, Bob Dylan, Tom Waits, Linda Ronstadt, Warren Zevon, Judee Sill, and J.D. Souther. Geffen remained in charge until December 1975, when he went to work as vice chairman of Warner Bros. film studios and then he retired in 1977.
- During his retirement period, he spent a short time teaching a noncredit seminar on the music industry and arts management at Yale University, where he featured classroom guests, Jackson Browne and Paul Simon.
- In 1980, he founded Geffen Records and recruited Warner Bros. Records exec, Ed Rosenblatt, as president. The Geffen label's meteoric rise to prominence within the year proved a bittersweet success. Geffen's first artist to sign on was Donna Summer.
- Geffen shortly after released her The Wanderer album, the lead single of which reached #3 on the Billboard Hot 100, and the album certified gold.
- The November 1980 release of John Lennon's album Double Fantasy seems an impressive feat for a new label, but at the time Lennon stated that Geffen was the only one with enough confidence in him to agree to a deal without hearing the record first.
- The label was distributed by Warner Bros. Records since its inception but, in 1990, the label was sold to MCA Records.
- Geffen continued to run the label before leaving Geffen Records in 1995. The Geffen label is today is part of the Interscope-Geffen-A&M division of MCA's successor, Universal Music Group, formed as the result of the 1999 merger between the MCA and PolyGram families of labels.
- Through the Geffen Film Company, Geffen produced dark-tinged comedies such as the remake of Little Shop of Horrors (1986), Risky Business (1983) and Beetlejuice (1988). Geffen was the Broadway backer for the musicals Dreamgirls and Cats.
- In 1994, Geffen co-founded the DreamWorks SKG studio with Steven Spielberg and Jeffrey Katzenberg. In 2008, He left DreamWorks.
- Recently, Geffen and his crew of 45 self-isolated in the Grenadines in the Rising Sun during the COVID-19 epidemic.
Achievement and Awards of David Giffen
Geffen was named one of the 2010 recipients of the Ahmet Ertegun Award from the Rock and Roll Hall of Fame. Geffen was awarded the President's Merit Award for "indelible contributions to the music industry" from the National Academy of Recording Arts and Sciences at the 53rd Grammy Awards in February 2011.
Record of David Giffen
- In May 2007, Out magazine ranked Geffen first in its list of the fifty "Most Powerful Gay Men and Women in America".
Personal Life of David Giffen
At the time of writing, David Giffen is an unmarried man plus he has also stated himself as a Gay. Geffen came out as gay in 1992. Before his Gay Life, he is rumored to have been in several love Relationships. He first had an affair with Cher who is an American singer, actress, and television personality. They dated from 1974 - 1985 for 11 years. Then he was said to have a same-sex relationship with Steve Antin who is an American actor, stunt performer, screenwriter, producer, and director from 1989 to 1990. Then in 1996, despite being a Gay He also had an affair with Marlo Thomas who is an American actress, producer, author, and social activist. In 2006 he was in a relationship with Jeremy Lingvall that lasted for almost six years. Later, David was seen kissing Jamie Kuntz, who is an ex-college football player. After the incident, Jamie began stalking David and was arrested in 2014 for violating the restraining order from the court. In recent days, David lives his life as a single person.
Source: @pagesix.com
Net worth of David Giffen
As of March 2020, the estimated net worth of David is $8.5 billion. He has earned an enormous amount of income from his career as a record executive, theatre and film producer, and as a business tycoon. He has a house in Beverly Hills, which sits around $4.6 million. Apart from that, he has $30 million Trousdale Estates and other properties, which estimates more than $300 million. He is the owner of $590 million superyachts, the sixth-largest motor yacht in the world. Apart from these properties, He also has an enormous number of expensive car Car collections which are worth over millions.
Body Measurement of David Giffen
As of 2020, David has become 77 years old. Despite being old, he is still able to manage and maintain a healthy body. He stands 5 feet 7 inches tall and weighs 80 kg. His other body measurement is under review. His eye color is Gray. He is bald.
