In 2015, Geffen pledged $100 million toward renovation of what was then called Avery Fisher Hall, part of Lincoln Center for the Performing Arts in New York. [23] In 1983 Geffen received permits from the California Coastal Commission to build a Cape Cod-style compound over multiple beachfront lots in exchange for creating a public pathway to the beach. The sale made No. His name requires no introduction - Charles Saatchi, a dealer and a collector, is one … In 1980, he founded Geffen Records and recruited Warner Bros. Records exec Ed Rosenblatt as president. An earlier biography was The Rise and Rise of David Geffen (1997) by Stephen Singular. Elliot Roberts, Geffen Records in 1980, DGC Records in 1990, WSJ's Jennifer Smith joins Lunch Break with Tanya Rivero and discusses how media mogul's David Geffen's $100 million gift will fuel the museum's planned construction and renovation plans. The world's top, private art collection belongs to David Geffen, the music and entertainment mogul. As a philanthropist he has donated to the David Geffen School of Medicine at UCLA and other educational and research institutes. Both of his parents were Jewish immigrants who met in British-mandated Palestine and then moved to the United States. In 1970, after being unable to get a record deal for Jackson Browne, he founded Asylum Records with Elliot Roberts. [19] Geffen continued to run the label before leaving Geffen Records in 1995. Geffen, the smartest buyer and seller in the art market for over 10 years had an early collection of the post American artists Jackson Pollock, Willem de Kooning. Geffen's first artist to sign on was Donna Summer, who was anxious to leave Casablanca/PolyGram Records. [17] Geffen shortly after released her The Wanderer album, the lead single of which reached #3 on the Billboard Hot 100, and the album certified gold. On November 3, 2006, the New York Times reported that Geffen had sold Pollock's 1948 painting No. Il possède notamment des tableaux de Robert Rauschenberg et Jasper Johns. Charles Saatchi. In 2006 he sold two of … Eli Broad Collection value: $2.2 billion Personal wealth: $7.1 billion. Aug 13, 2019 - " A beautiful man". Geffen's mother owned a clothing store in Borough Park called Chic Corsets by Geffen. [10], In 1968, he was a talent agent for Ashley Famous Agency. Personal Life: Affair, Girlfriends, Wife, Kids. [22], Until 2017 Geffen owned a Malibu compound on Carbon Beach. As he later reported in an interview, he claimed in his job application at WMA that he had graduated from the University of California at Los Angeles (UCLA). He failed to build that pathway and in 2002 filed a lawsuit to block public access altogether. David announced that he was gay in 1992. Martinez is the founder of London-based Fintech Advisory Ltd, a financial house that specializes in buying Third World debt. [41], Along with other celebrities including Steven Spielberg and Brad Pitt, Geffen donated money to try to prevent Proposition 8 from becoming law in California. In February 2020, Geffen sold his Beverly Hills estate to Amazon CEO Jeff Bezos for $165 million, a price believed to be the highest ever paid for a home in a California real estate transaction. [48], Geffen came out as gay in 1992. (Dreamworks Studios)", "Six More Billionaires Donate To The Anti-Trump Lincoln Project", "Congratulations to the 2010 Rock and Roll Hall of Fame Inductees! David Geffen – Value of Collection: $2.3 billion. The track "Putting It Together" features Geffen, Sydney Pollack, and Ken Sylk portraying the voices of record company executives talking to Streisand.[52]. In order to obtain the WMA job, he had to prove he was a college graduate. [47], Geffen has an estimated net worth of $9.3 billion, making him one of the richest people in the entertainment industry. Geffen left William Morris to become a personnel manager and was immediately successful with Laura Nyro and Crosby, Stills and Nash. [46] Geffen was awarded with the President's Merit Award for "indelible contributions to the music industry" from the National Academy of Recording Arts and Sciences at the 53rd Grammy Awards in February 2011. Jaime King assiste au défilé Tory Burch (collection automne-hiver 2016-2017) au David Geffen Hall au Lincoln Center. He is also a featured character in Mailroom: Hollywood History From The Bottom Up by David Rensen, in Mansion On The Hill by Fred Goodman, in Hotel California by Barney Hoskyns, and in several books about Michael Ovitz. He modified the letter to show that he had attended and graduated, then submitted it to WMA. [58], In February 2016, Bloomberg News reported that Geffen had sold De Kooning's 1955 oil painting, Interchanged, for $300 million, and Pollock's 1948 painting, Number 17A, for $200 million, both to hedge fund billionaire Ken Griffin. [42][43][44], Geffen donated to the Lincoln Project, a Republican-led super PAC opposing the re-election of Donald Trump and Republican Senators who supported him. Geffen was born on Feb. 21, 1943 in Brooklyn and became a talent agent after dropping out of college. According to the chief curator at the Museum of Contemporary Art in Los Angeles, Paul Schimmel: "There's no collection that has a better representation of post-war American art than David Geffen's. "[40], In October 2006, Geffen sold two paintings by Jasper Johns and a De Kooning from his collection for a combined sum of $143.5 million. On side B labels on this version the tracklist is aligned lower, further afar from centerhole, while on the following release it is aligned higher, close to the centerhole - same sleeve and all … In 1969, he was Executive vice president and talent agent for Creative Management Associates. New York, le 16 février 2016. [55] On November 3, 2006, The New York Times reported that Geffen had sold Pollock's 1948 painting No. Geffen is the subject of several books, most recently The Operator: David Geffen Builds, Buys, and Sells the New Hollywood (2001) by Tom King, who initially had Geffen's cooperation, but later did not. Select from premium At The Geffen of the highest quality. [6] Geffen graduated from Brooklyn's New Utrecht High School in 1960 with a "barely passing 66 average". The documentary was directed by Susan Lacy and was first broadcast on 20 November 2012.[8]. [3], David Geffen was born in Borough Park, Brooklyn, New York, to Abraham Geffen and Batya Volovskaya (1909–1988). David Lawrence Geffen (born February 21, 1943)[2] is an American business magnate, producer, film studio executive, and philanthropist. Along with Kenneth Langone's gift to New York University School of Medicine, Geffen's donation is the largest donation ever made to a medical school in the United States. Michael Cieply, "David Geffen, Savior of Dream Works, Makes a Sudden Exit," Oct. 27, 2008, "Billionaire drops $500M for 2 masterpieces," Feb. 19, 2016, Bloomberg News, as republished by Fox News, at, National Academy of Recording Arts and Sciences, "Bloomberg Billionaire Index: David Geffen", "David Geffen: prickly and terse about his Judaism", The Jewish Journal of Greater Los Angeles, "Sex, drugs and the billion-dollar rise of David Geffen", "Ahmet Ertegun, Founder of Atlantic Records, Dies", "How Donna Summer and Barbra Streisand's Famous Duet 'Enough Is Enough' Came Together", "How New Order invented the 1980s - BBC Music", "David Geffen Biography | The Rock and Roll Hall of Fame and Museum", "David Geffen Sells Oceanfront Malibu Compound for Record Price", "Hollywood boss loses fight to keep a beach to himself", "In Malibu, the Water's Fine (So Don't Come In! David Geffen, producteur et créateur d’Asylum Records, Geffen Records et DreamWorks SKG, possède collection d'oeuvres d'art estimée à 2,3 G$ US . [37] The latest donation funds the full cost of attendance for up to 30 students per year, beginning with the Class of 2017. [38], In December 2020, Geffen pledged to donate $46 million to the UCLA medical school, which is named after him. (Check local listings.) [14] During his retirement period he spent a short time (the fall of 1978 and spring of 1979) teaching a noncredit seminar on the music industry and arts management at Yale University, where he featured classroom guests Jackson Browne and Paul Simon. In 1995, Dreamworks signed a $100 million deal with ABC. En 2006, il a vendu quelques-unes de ses toiles majeures comme Number 5 de Jackson Pollock et Woman III de Willem de Kooning. Geffen was the Broadway backer for the musicals Dreamgirls and Cats. He then moved to Los Angeles, California to find his way in the entertainment business. Singapore base wealth research firm, Wealth-X ranks art collectors according to the value of their collections. [45], Geffen was named one of the 2010 recipients of Ahmet Ertegun Award from the Rock and Roll Hall of Fame. Is David Geffen gearing up to buy the LA Times? Asylum became a generator of the Southern California folk-rock sound and signed artists such as the Eagles, Joni Mitchell, Bob Dylan, Tom Waits, Linda Ronstadt, Warren Zevon, Judee Sill, and J.D. Casablanca countered by releasing more singles off her 1979 Bad Girls album such as the song Walk Away and a similarly named hits compilation to compete, but by then New Wave sound was dominating the airwaves.[18]. [49], Joni Mitchell and Geffen were close friends and, in the early 1970s, made a trip to Paris with Robbie Robertson and Robertson's wife, Dominique. [13] He then retired and in 1977 was informed (erroneously) that he had cancer. 5, 1948 the most expensive painting ever … Medical Center Gets Another $100 Million Gift", "David Geffen Gift to School of Medicine / UCLA Spotlight", "David Geffen Donates $100 Million For Scholarships To UCLA Medical School", "Avery Fisher Hall to Be Renamed David Geffen Hall", "Billionaire DreamWorks Cofounder David Geffen Donates $46 Million To UCLA Medical School", "Obama finds friends, money in Hollywood", "Proposition 8: Who gave in the gay marriage battle? [30] The Coastal Commission later contacted the state transportation department without receiving a response to ask if the curb cuts that prevented public parking were valid, amid rumors that Geffen had installed four fake garage doors. According to Forbes ("The 400 Richest Americans of 2004") and other sources, Geffen has pledged to give whatever money he makes from now on to charity, although he has not specified which charities or the manner of his giving. [65][66][67][68][69], American record executive, film producer, theatrical producer, and philanthropist, Internet Movie Database, bio, "David Geffen", at. A fresh take on sports: the biggest news and most entertaining lists. David Geffen has an estimated art collection of $1.1 billion. His collection of over 25,000 works includes the top collection of Islamic art and the top collection of Japanese kimonos. 5, 1948 from his collection for $140 million (£73.35 million) to Mexican financier David Martinez. The label was distributed by Warner Bros. Records since its inception but, in 1990, the label was sold to MCA Records with Geffen receiving shares in MCA worth $550 million. En 2007, le magazine Out lui attribua la première place dans leur classement des « cinquante personnalités gays les plus influentes des États-Unis » . David Geffen’s age is 78 years old as of today’s date 13th April 2021 having been born on 21 February 1943. [7] He attended Santa Monica College (then known as Santa Monica City College) in Santa Monica, California, but soon left. [39], He was an early financial supporter of President Bill Clinton. The November 1980 release of John Lennon's album Double Fantasy seems an impressive feat for a new label, but at the time Lennon stated that Geffen was the only one with enough confidence in him to agree to a deal without hearing the record first. Because he worked in the mailroom, Geffen was able to intercept a letter from UCLA to WMA which stated that he had not graduated from UCLA. 5, 1948 from his collection for $140 million (£73.35 million) to Mexican financier David Martinez. Steven Cohen paid Steve Wynn a remarkable $155 million for Pablo Picasso's "Le Reve" (photo below). [15] In 1980 a new medical diagnosis revealed the error in the original diagnosis[16] and Geffen was given a clean bill of health, whereupon he decided to return to working in the entertainment industry. Jaime King assiste au défilé Tory Burch (collection automne-hiver 2016-2017) au David Geffen Hall au Lincoln Center. Name variants for this profile: - The David Geffen Co - The David Geffen Company - The David Geffen Record Company La collection d’œuvres d'art de David Geffen est estimée, selon Wealth X, à 2,4 milliards de dollars. Siouxsie and the Banshees, Elton John, Cher, Sonic Youth, Aerosmith, Whitesnake, XTC, Peter Gabriel, Lone Justice, Blink-182, Guns N' Roses, Nirvana, Lifehouse, Tyketto, Pat Metheny, Sloan, the Stone Roses and Neil Young. [20] The Geffen label is today is part of the Interscope-Geffen-A&M division of MCA's successor, Universal Music Group, formed as the result of the 1999 merger between the MCA and PolyGram families of labels. His older brother Mitchell (born Mischa) Geffen (1933–2006) was an attorney who attended UCLA Law School[53] and later settled in Encino, California. The real estate billionaire art collections include Jeff Koons, Andy Warhol and Andreas Gursky. [59], In 2007, Geffen bought a half-share in friend Larry Ellison's luxury yacht Rising Sun, then at 138 meters (453 ft) the sixth largest motor yacht in the world. Souther. The World's Most Entertaining Car Website, 5 Celebs Who Use Their Wealth To Help The Planet, David Geffen: Top Billionaire Art Collector, 10 Power Couples With Combined Massive Net Worth, Logan & Jake Paul Could Make Millions In Potential Boxing Match, Celebrity Chef Bobby Flay Adds Cat Food To Business Ventures, 9 Most Googled Celebrity Luxury Homes So Far, Will Smith: From Fresh Prince To $350 Million King, Five Ways Tom Brady Makes Money Outside Football, The Official 10 Youngest Billionaires For 2021, Rocket Man: Behind The $500 Million Elton John Fortune, 17 Celebrities With Surprisingly Successful Siblings, Vanessa Hudgens's Success After Being A Disney Star, How Two Monsters Saved Movies: Godzilla Vs. Kong Makes $300 Million, 10 Celebrities With The Most Instagram Followers In 2021, 4 Ways Red Bull Made Billions From Nothing, Alex Rodriguez Finalizing Deal To Purchase Minnesota Timberwolves After Losing New York Mets, Coinbase's $100 Billion Debut: Cryptocurrency Goes Mainstream. Later in the 1970s Geffen left Asylum, which was later acquired by Atlantic's parent company, Warner Communications, and merged with Elektra Records in 1972 to become Elektra/Asylum Records. An Engineer, a Teacher, a Navigator, a Pilot, a Chef, a Webmaster, an Artist, a Carpenter, and a Net-worker... News on all your favorite celebs, reality TV, and movies. [35][36] On December 13, 2012, UCLA announced that Geffen had donated another $100 million in addition to his 2002 donation of $200 million, making him the largest individual benefactor for the UC system. "I started the 1980s worth $30 million," he says. Eli Broad has an estimated art collection of $1 billion. In 2001, he had a quarrel with the former president over Clinton's decision not to pardon Leonard Peltier, on whose behalf he had lobbied the President. David Geffen has a $2 billion art collection, a $590 million superyacht, and a massive real-estate collection in NYC, California, and the Hamptons. New York, le 16 février 2016. Notes et références Martinez is the founder of London-based Fintech Advisory Ltd, a financial house that specializes in buying Third World debt. He was the subject of an American Masters PBS television documentary entitled Inventing David Geffen. [12], Geffen co-founded Asylum Records in 1971 with Elliot Roberts after Geffen was unable to get Jackson Browne a record deal anywhere else. The David Geffen Wing 408–413 Collection 1940s–1970s 400 New Monuments 401 Out of War 402 In and Around Harlem 403 Action Painting I 408 Stamp, Scavenge, Crush 409 Abstract Lens 410 At the Border of Art and Life 411 Andy Warhol’s Kiss, Blow Job, and Sleep 412 From Soup Cans to Flying Saucers 413 Breaking the Mold 414 City as Stage 415 Idea Art 416 The Art of the Multiple 417 … The name Asylum was chosen because of the owners' reputations for signing artists who would struggle to find a record company that would contract with them. [10], His colleagues in the mailroom included Elliot Roberts, who later became Geffen's partner in a management company. As a result of that trip, Mitchell wrote "Free Man in Paris"[50] about Geffen. [51], Geffen can be heard on Barbra Streisand's The Broadway Album, released in 1985. Though, he is 1.74 m tall, he weighs about 80 kg. David Geffen was born in Borough Park, Brooklyn, New York, to Abraham Geffen and Batya Volovskaya (1909—1988). David Geffen’s picture-perfect self-seclusion is highlighting ugly divisions in the age of the coronavirus pandemic. "American Masters: Inventing David Geffen" premieres Tuesday, Nov. 20th at 8:00pm on PBS. The Geffen label's meteoric rise to prominence within the year proved a bittersweet success. It can also be viewed, where available, via PBS On Demand. Honoree David Geffen and singer Cher attend the 2011 Pre-GRAMMY Gala and Salute To Industry Icons Honoring David Geffen at Beverly Hilton on February... David Geffen. [61], In 2009, Russian billionaire Roman Abramovich agreed to a divorce settlement with his wife Irina that resulted in her taking ownership of the 115-meter (377 ft) yacht Pelorus. He is also the owner of the infamous pickled shark, Damien Hirst creation, "The Physical Impossibility of Death in the Mind of Someone Living.". In 2006 he sold Pullock’s drip painting (pictured below) for a whopping $140 million and de Kooning’s for over $130 million. Mitchell Geffen fathered two daughters, who are David's closest surviving relatives. 5, 1948 from his collection for $140 million (£73.35 million) to Mexican financier David Martinez. In 1994, Geffen co-founded the DreamWorks SKG studio with Steven Spielberg and Jeffrey Katzenberg. [10] In 2008, Geffen left DreamWorks. In December 1980, Lennon was murdered and Double Fantasy became a massive seller. The School thereafter was named David Geffen School of Medicine at UCLA. The study revealed the following top billionaire art collectors along with the value of their collections: David Geffen has an estimated art collection of $1.1 billion. Geffen has an estimated net worth of $9.3 billion, making him one of the richest people in the entertainment industry. The theatre was renamed the Geffen Playhouse.[33][34]. )", "Beach access next to Geffen's home opened", "Beach Closed, Keep Out: Billionaire Tries to Block Surfers", "Long overdue: Malibu elitists who impede public access now face fines", "Malibu beach guide helps sort out parking, access, all in an app", "Geffen Playhouse Raises More Than $1.3 Million At Annual Backstage Fundraiser", "N.Y.U. Ⓟ 1980 The David Geffen Company Colorless embossed 'Warner' logo on rear cover. [4][5] Both of his parents were Jewish immigrants who met in Mandatory Palestine and then moved to the United States.