All You Need to Know About David Geffen, his Net Worth and his Yacht Rising Sun
138 m (454 ft)
16 in 8 cabins
45 in 30 cabins
US$ 400 million
Owner of the Yacht
US$ 8.5 billion
Geffen Records, Dreamworks
February 21, 1943
Carbon Beach, California, USA
Gulfstream G650 (N221DG)
Rising Sun was built for Oracle founder Larry Ellison. He considered the yacht too large and built the ‘smaller’ 88 meter yacht Musashi
He is an American record executive, film producer, theatrical producer and philanthropist.
In 1990 Geffen Records was sold to MCA Records for US$ 550 million.
He is also one of the founders of DreamWorks SKG. The co-
With financial backing of US $33 million from each of the three founders. And $500 million from Microsoft co-
The founders agreed on three conditions. They would make fewer than nine movies a year. They would be free to work for other studios if they chose. They would go home in time for dinner.
He is an active philanthropist, supporting medical research. He also supports AIDS organizations, arts and theatre. In 2002 Geffen supported the University of California in Los Angeles with US$ 200 million. The university was renamed in the David Geffen School of Medicine.
Forbes estimates his net worth at USD 7.8 billion. In March 2015 Geffen donated USD 100 million to New York’s cultural institution Lincoln Center.
The amount will be used to renovate the Avery Fisher Hall. The concert hall will be renamed Geffen Hall.
For a few years he owned the yacht Pelorus. Pelorus is now owned by Hong Kong based billionaire Samuel Tak Lee.
He owns a large house in the East Hamptons which he purchased for US$ 50 million. And he owns a Malibu Beach House at Carbon Beach with a value over USD 20 million.
He also owns an estate in Beverly Hills. It was built for Warner Bros founder Jack Warner.
He owns a Gulfstream G650 private jet. The jet has registration N221DG. The jet was delivered in 2013. A Gulfstream G650 has a list price of US$ 70 million. The aircraft can accommodate 14 passengers.
There is more!
The yacht has a steel hull and aluminum superstructure. The yacht is powered by 4 MTU engines. They bring her a top speed of 28 knots and a cruising speed of 26 knots.
The Rising Sun yacht was originally built for Larry Ellison, CEO of Oracle Corporation. And is currently owned by David Lawrence Geffen.
He purchased her in 2010 after he was co-
It reportedly cost over USD 200 million to build. Rising Sun can accommodate 16 guests and she has 45 crew. Her interior is designed by Bannenberg & Rowell Design. The yacht is seen here in 2011 in the bay of Cannes.
In the summer of 2013 famous talk show host Opray Winfrey had a holiday on board the superyacht. Opray Winfrey does not own a yacht herself (as far as Superyachtfan is informed…).
The boat is not available for yacht charter. And she is not listed for sale. She is frequently spotted with celebrities on board.
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