Hollywoods Richest Man David Geffan – Photo: Stephen Lovekin-Getty
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 also 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.