D avid Geffen is a legendary American business magnate, producer, and philanthropist who has built a colossal fortune in the entertainment industry. The son of Jewish immigrants, he started his career in the mailroom of the William Morris Agency and quickly became a successful talent agent. He founded his first record label, Asylum Records, in 1971, signing iconic artists like the Eagles and Joni Mitchell. He later founded Geffen Records, which released blockbuster albums by artists such as John Lennon, Elton John, and Nirvana.
In 1990, he sold Geffen Records to MCA for a massive sum in stock, which became even more valuable when MCA was later sold. In 1994, he co-founded the film studio DreamWorks SKG with Steven Spielberg and Jeffrey Katzenberg, producing a string of hit films including Saving Private Ryan and American Beauty. A shrewd investor, he has since focused on managing his vast fortune, which includes one of the world's most valuable private art collections. He is also a major philanthropist, having made nine-figure donations to institutions like UCLA's medical school and the Museum of Modern Art.
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David Geffen is an American media mogul, film producer, and the self-made billionaire founder of Asylum Records, Geffen Records, and co-founder of DreamWorks SKG. Born in Brooklyn, New York, in 1943, his early life was characterized by a relentless drive for success despite lacking formal qualifications. Geffen is a dyslexic college dropout (twice).
His career began in the most humble of positions: the mailroom of the William Morris Agency in 1964. He excelled by teaching himself the entire entertainment business, rising quickly to become an agent and a manager for top talents like Crosby, Stills, Nash & Young, and Joni Mitchell. Geffen's self-taught business acumen and ruthless ambition were the driving force behind his multi-billion dollar empire.
David Geffen's career is a legendary series of successful asset creations and sales. 1971: Asylum Records. He launched Asylum Records by signing many of the artists he had managed (including The Eagles and Linda Ronstadt).
Geffen's immense wealth is tied to his mastery of controlling content (publishing and master rights) and orchestrating high-value sales, securing his status as one of the world's most influential and wealthiest media moguls.
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Starts in the mailroom of the William Morris Agency (Formative Career).
Founds Asylum Records (Founding 1).
Founds Geffen Records (Founding 2).
Sells Geffen Records to MCA (Major Exit 1).
Co-founds DreamWorks SKG with Steven Spielberg and Jeffrey Katzenberg (Founding 3).
Makes a $200 million endowment to the UCLA School of Medicine (Philanthropic Milestone).
DreamWorks SKG is sold to Paramount Pictures (Major Exit 2).
David Geffen's wealth is concentrated in the immense liquid capital generated from the sales of Geffen Records and DreamWorks SKG, and his extensive art collection.
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David Geffen is a major global philanthropist, focusing heavily on medicine, education, and the arts. His giving is structural and massive in scale.
David Geffen maintains the famously casual, affluent, and high-status style of a Hollywood and media mogul. His attire is consistently simple, yet high-quality, favoring open-necked shirts and tailored casual wear. His aesthetic is anti-corporate and focused on artistic and financial power.
His luxury is immense, defined by his colossal art collection and his ownership of massive homes in Malibu and New York. His life is dedicated to the pursuit of cultural influence, the creation of media empires, and high-impact philanthropy, embodying the ethos of a college dropout who outmaneuvered Wall Street.
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“I'm Billy the Kid, the fastest draw. It's not arrogance. It's the truth.”
“The core of value creation is controlling the content—the publishing and the masters.”
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+0.03% | +$3.28M
+8.94% | +$1.02B
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
If you find any inaccuracies, please report them to admin@redcarpetlife.in
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