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David Geffen

David Geffen

D. Geffen
0.09% | + $8.60M
$9.33 B ₹ 84,885 Cr
Real Time Net Worth #363 Ranking as of 21 Feb 2026 By Forbes

More on David Geffen

Gender

Male

Age

83Y

Country

United States

Born On

February, 1943

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

University Of Texas At Austin (Dropout)

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Music, Film)

Primary Organization

Geffen Company

Titles

Founder

Sources of Wealth

Geffen Records, DreamWorks SKG

Industry

Music, Film, Entertainment, Art, Investments

About David Geffen


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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Quick Reads


  • A legendary media mogul who made his fortune in the music and film industries.
  • Founded the record labels Asylum Records and Geffen Records.
  • Co-founded the film studio DreamWorks SKG with Steven Spielberg and Jeffrey Katzenberg.
  • Owns one of the world's most valuable private art collections.
  • A major philanthropist, he has signed the Giving Pledge.

Early Life and Background


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.

Career Journey of David Geffen


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).

  • 1974: He became Vice Chairman of Warner Bros. Pictures, pivoting to film.
  • 1980: Geffen Records. He returned to music to launch Geffen Records, quickly signing superstars including John Lennon and Yoko Ono (releasing Lennon's final album, Double Fantasy), Elton John, and Guns N' Roses. He sold the record label to MCA in 1990.
  • 1994: DreamWorks SKG. He co-founded DreamWorks SKG with Steven Spielberg and Jeffrey Katzenberg, the first new Hollywood studio formed in over 50 years. The company's assets were successfully sold to Paramount Pictures in 2006.

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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David Geffen's Timeline


1964:

Starts in the mailroom of the William Morris Agency (Formative Career).

1971:

Founds Asylum Records (Founding 1).

1980:

Founds Geffen Records (Founding 2).

1990:

Sells Geffen Records to MCA (Major Exit 1).

1994 (October):

Co-founds DreamWorks SKG with Steven Spielberg and Jeffrey Katzenberg (Founding 3).

2002:

Makes a $200 million endowment to the UCLA School of Medicine (Philanthropic Milestone).

2006:

DreamWorks SKG is sold to Paramount Pictures (Major Exit 2).

Major Business Ventures and Investments


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.

  • Asylum Records (Founder): His first highly successful record label.
  • Geffen Records (Founder): The legendary label that signed John Lennon, Guns N' Roses, and Aerosmith. Sold to MCA in 1990.
  • DreamWorks SKG (Co-founder): Co-founded with Steven Spielberg and Jeffrey Katzenberg. Sold to Paramount Pictures in 2006.
  • Motion Picture & Broadway Production: His production company, Geffen Pictures, produced films like Beetlejuice, and he helped bring musicals like Cats to the stage.
  • Art Collection: He is one of the world's largest collectors of contemporary and modern art (including Picasso and Pollock).

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Philanthropy and Social Impact


David Geffen is a major global philanthropist, focusing heavily on medicine, education, and the arts. His giving is structural and massive in scale.

  • UCLA School of Medicine: His record-setting $200 million endowment in 2002 led to the school being renamed the David Geffen School of Medicine at UCLA, the single largest donation of its kind to a U.S. medical school.
  • HIV/AIDS Advocacy: He was an industry leader in the fight against HIV/AIDS, making substantial personal contributions to organizations like amFAR and God's Love We Deliver.
  • Arts Patronage: He has made massive donations to the Lincoln Center for the Performing Arts and the Museum of Modern Art (MoMA).

Fashion, Style, and Lifestyle


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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Quotes and Philosophy


“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.”

Fun Facts & Trivia


  • He is a dyslexic college dropout who started his career in the William Morris Agency mailroom.
  • He founded Asylum Records and Geffen Records (signing John Lennon and Guns N' Roses).
  • He co-founded DreamWorks SKG with Steven Spielberg and Jeffrey Katzenberg.
  • His $200 million donation to the UCLA School of Medicine was the largest of its kind at the time.
  • He is known for his massive art collection and high-end yacht ownership.
  • He was an industry leader in the fight against HIV/AIDS.
  • He sold Geffen Records to MCA in 1990.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

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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