| Name: | David Geffen |
| Net Worth: | $8 billion |
| Source of Wealth: | Geffen Records / Dreamworks |
| Born: | February 21, 1943 |
| Age: | |
| Country: | USA |
| Wife: | N/A |
| Children: | N/A |
| Residence: | Carbon Beach, California, USA |
| Private Jet: | Gulfstream G650 (N221DG) |
| Yacht | Rising Sun |
Learn about the man behind Geffen Records and DreamWorks SKG, David Geffen. As an American record executive, film producer, theatrical producer, and philanthropist, Geffen has had a significant impact on the entertainment industry.
In 1970, Geffen created Asylum Records, followed by Geffen Records in 1980. Geffen Records helped launch the careers of legendary bands such as The Eagles, Aerosmith, and Guns N’ Roses. In 1990, the label was sold to MCA Records for a staggering $550 million.
Geffen was also one of the founders of DreamWorks SKG, a live-action and animation film studio established in 1994. Alongside Steven Spielberg and Jeffrey Katzenberg, Geffen raised $33 million each, with an additional $500 million from Microsoft co-founder Paul Allen. The founders agreed to make fewer than nine movies a year, be free to work for other studios, and go home in time for dinner.
Geffen is also an active philanthropist, supporting medical research, AIDS organizations, and the arts. In 2002, he donated $200 million to the University of California in Los Angeles, which was renamed the David Geffen School of Medicine. Forbes estimates his net worth at $8 billion, and in 2015, he donated $100 million to Lincoln Center to renovate the Avery Fisher Hall, which was renamed Geffen Hall.
Geffen is also known for owning the yacht Pelorus, which he sold to Hong Kong-based billionaire Samuel Tak Lee. However, Geffen currently owns the impressive Rising Sun yacht, which is estimated to be worth over $400 million and boasts luxurious amenities such as a movie theater, spa, wine cellar, and helicopter landing pad. The yacht is 138 meters (453 feet) long and can accommodate 16 guests and 45 crew members. Designed by Jon Bannenberg and built by Lürssen in 2004, the Rising Sun is one of the largest and most advanced yachts in the world.
Discover more about David Geffen’s incredible career and philanthropic efforts, as well as the impressive yachts he has owned, by delving into his life and legacy.
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He owns a large house in the East Hamptons which he purchased for US$ 50 million. And he owns a Malibu Beach House at Carbon Beach with a value of over USD 20 million.
He also owns an estate in Beverly Hills. It was built for Warner Bros founder Jack Warner.
Malibu Beach is a beautiful and iconic beach located in the city of Malibu, California. It is known for its stunning views of the Pacific Ocean and its pristine sandy beaches, attracting tourists and locals alike. The beach is also a popular destination for surfing, swimming, and sunbathing. In addition, there are several beachside restaurants and cafes that offer delicious food and drinks with an ocean view. Visitors can also explore the nearby Malibu Pier, which offers a range of activities such as fishing, paddleboarding, and kayaking. Overall, Malibu Beach is a must-visit destination for anyone looking for a relaxing day at the beach with breathtaking views.
He is the owner of the yacht Rising Sun. The superyacht was built by Lurssen in 2004 for Larry Ellison.
Designed by the late Jon Bannenberg, this 138-meter (453 feet) yacht was built by Lürssen and was delivered in 2004. The yacht is known for its many amenities, including a movie theater, spa, wine cellar, and helicopter landing pad. It has a steel hull and aluminum superstructure, making it both fast and fuel-efficient.
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.
The Gulfstream G650 is a luxurious, long-range business jet produced by Gulfstream Aerospace. The G650 was first introduced in 2008 and quickly became one of the most sought-after business jets in the world due to its impressive range, speed, and spacious cabin. The G650 has a maximum range of over 7,000 nautical miles, making it capable of flying non-stop from locations such as New York to Hong Kong.
One of the standout features of the G650 is its cabin, which is both spacious and luxurious. With a height of over 6 feet and a width of over 7 feet, the cabin offers ample space for passengers to work, relax, and entertain. The cabin also features a variety of customizable features, including seating arrangements, lighting, and entertainment systems.
In addition to its impressive range and cabin, the G650 is also known for its high cruising speeds. The aircraft is capable of reaching speeds of up to Mach 0.925, making it one of the fastest business jets on the market. This speed, combined with its range, allows the G650 to cover large distances quickly and efficiently.
The last known list price of the Gulfstream G650 was approximately $75 million. This high cost reflects the advanced technology, spacious cabin, and impressive performance capabilities of the aircraft. Despite its high price, the G650 remains a popular choice for those who value speed, range, and comfort in their business jets.
The Gulfstream G650 is a top-of-the-line business jet that offers impressive range, speed, and comfort. Its luxurious cabin and high-performance capabilities make it a popular choice for those who demand the best in their business aviation needs. With a last known list price of $75 million, the G650 is a significant investment, but for those who can afford it, the aircraft provides a unique and unparalleled flying experience.
SuperYacht Owners Database 3-2023
