Entertainment
- 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.
- Geffen founded music label Geffen Records, which he sold in 1990 for $550 million. He also cofounded movie studio DreamWorks SKG with Steven Spielberg and Jeffrey Katzenberg.
- Geffen 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.
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Billionaire Hollywood producer David Geffen is the richest man in the entertainment industry, with an estimated $8.49 billion fortune, according to Bloomberg.
Geffen founded music label Geffen Records and cofounded movie studio DreamWorks SKG with Steven Spielberg and Jeffrey Katzenberg.
The 76-year-old billionaire is known for cruising the seas on his 453-foot megayacht, Rising Sun, on which he's hosted celebrity guests including Barack and Michelle Obama, Oprah Winfrey, Bruce Springsteen, and Tom Hanks.
Most recently, Geffen was pictured partying on his yacht with Amazon CEO Jeff Bezos and his girlfriend, Lauren Sanchez, former Goldman Sachs CEO Lloyd Blankfein, and model Karlie Kloss and her husband, Josh Kushner. The yacht used to belong to Oracle CEO Larry Ellison.
Geffen owns a massive portfolio of real estate in New York and California, including a $54 million Manhattan penthouse and a $47.5 million Beverly Hills mansion built by one of the founders of Warner Bros. The billionaire reportedly has an art collection worth $2 billion.
Here's a look at the Hollywood mogul's life, career, and spending habits.