See How Hollywood’s Richest Man Spends His Money

The 76-year-old billionaire is known for cruising the seas on his 453-foot megayacht, Rising Sun, on which he's hosted many celebrity guests

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.  

Here’s a look at the richest man in Hollywood, David Geffan,  his life, career, and spending habits.

 

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