David Geffen Net Worth 2018, Biography/Wiki, Married/Wedding
It is often declared that David Geffen net worth reaches an estimation of more than 5 billion dollars which makes him one of the richest individuals in the whole world. Record producer and David Geffen is actually a film, businessman and theatre producer, music executive. All these involvements include millions of dollars for the whole number of David Geffen net worth. David Geffen is also known as a philanthropist. Enthusiastic Geffen is credited with establishing one of the most famous record labels for example “Asylum Records” in 1970, “Geffen Records” in 1980 as well as “DGC Records” 10 years after. The incomes of the records improve David Geffen net worth a great deal. In 1994, he and other two business-people established “Dreamworks SKG”.
David Geffen Net-Worth – 5.5 Billion Dollars
In order to get instruction, David Geffen chose to enroll in to night school in Brooklyn, but once more he dropped out of it. Furthermore, David Geffen enrolled to the University of Texas in Austin, however, just for a brief timeframe. David Geffen started his entertainment participation in mailroom where he was shortly promoted as an agent. To be able to keep his job, he had to show his diploma of instruction. Understanding the fact that he did not have it, he cast it and showed it to his supervisor. Later, David Geffen got a great deal of recommendations and offers to become a record producer which today is one of the primary sources of David Geffen net worth. Accordingly, in 1970, he founded his first record label company called “Asylum Records” which he established jointly with Elliot Roberts. The record label is known on an international level. A lot of great artists were signed to that record label. These included The Eagles, Joni Mitchell, Jackson Browne and many others. At that time of its development, “Asylum Records” were collaborating and spread by Atlantic Records label. Sometime later, “Asylum Records” were purchased by the firm “Warner Communications” that also possessed the Atlantic Records. “Asylum Records” were joined using the “Elektra Records” and its name was changed to “Asylum/Elektra Records”. The company was clearly one of the principal sources of David Geffen net worth. David Geffen worked in the label until the year 1975.
21 February 1943
Borough Park, Brooklyn, New York, USA
American business magnate, producer, film studio executive
University of Texas at Austin, Santa Monica College, Brooklyn College, New Utrecht High School
Abraham Geffen, Batya Volovskaya
Tony Award for Best Musical, Tony Award for Best Play, Daytime Emmy Award for Outstanding Children's Animated Program
Interview with the Vampire, Little Shop of Horrors
UCLA announced in December 2012 that this 'visionary donor'/ philanthropist had also established a $100-million scholarship fund for students of the Geffen School of Medicine.
Of Polish-Jewish and Ukrainian-Jewish descent.
In 2006, he donated $1.6 million to the David Geffen Foundation.
A supporter of Leonard Peltier, whom he believes was wrongly convicted of the 1975 murders of two FBI agents, he said he became disillusioned by Bill Clinton's decision to pardon financier Marc Rich, instead of Peltier. This caused a rift between him and the Clintons, and led to his decision to endorse Barack Obama for president, instead of Hillary Clinton.
Ranked #12 on Premiere's 2006 "Power 50" list along with DreamWorks co-founder Jeffrey Katzenberg. They had ranked #12 in 2005 as well.
In 2005 he lost a California civil suit, forcing him to grant right-of-way to public sunbathers on the beach of his private home in Carbon Beach, California.
In 1980 he signed John Lennon to what would prove to be the latter's last recording contract.
Announced a $200-million donation to UCLA medical school in May 2002, the largest single donation to a US medical school in history. The school will be named The David Geffen School of Medicine. The campus already includes The Geffen Playhouse. which was named after him when he donated $6 million to the university. He has also bestowed gifts of $2.5 million to Los Angeles' AIDS Project, as well as another $2.5 million to New York city's Gay Men's Health Crisis, and $1.4 million to AIDS Action in Washington, DC.
Sits on USC School of Cinema-Television's Board of Councilors