David Geffen

David Geffen
Geffen in 2015
Born
David Lawrence Geffen

(1943-02-21) February 21, 1943 (age 81)
Brooklyn, New York City, New York, U.S.
NationalityAmerican
Occupation(s)Businessman, producer, philanthropist
Known forFounder of Geffen Records, DGC Records, DreamWorks SKG
AwardsAcademy Award (Honorary), Rock and Roll Hall of Fame

David Lawrence Geffen (born February 21, 1943) is an American business magnate, record executive, film producer, and philanthropist. Known for his influence in the entertainment industry, Geffen is the founder of several major entertainment companies, including Asylum Records, Geffen Records, DGC Records, and DreamWorks SKG. He has also made substantial philanthropic contributions, particularly in the fields of health, education, and the arts.[2][3]

Early Life and education

Geffen was born in Brooklyn, New York, to Jewish immigrant parents. He attended Brooklyn College, University of Texas at Austin, and Santa Monica College, though he did not complete a degree. Geffen worked in the mailroom at the William Morris Agency, where he eventually became an agent, launching his career in the entertainment industry.[4]

Career

Geffen’s career began in the music industry, where he established himself as a talent manager and record executive. He co-founded Asylum Records in 1970, where he signed artists such as The Eagles, Joni Mitchell, and Jackson Browne. In 1980, he founded Geffen Records, signing successful artists like Aerosmith, Elton John, and Nirvana under its subsidiary label, DGC Records.

In 1994, Geffen co-founded DreamWorks SKG with Steven Spielberg and Jeffrey Katzenberg, which became a major force in film, television, and animation. The studio produced films such as Saving Private Ryan, Gladiator, and the Shrek series.

Philanthropy

Geffen has donated to numerous causes in education, health, and the arts. In 2002, he gave $200 million to the David Geffen School of Medicine at UCLA, one of the largest gifts ever made to a medical school. He has also contributed to UCLA, the University of Southern California, and the Museum of Modern Art (MoMA) in New York City. His philanthropy supports scholarships, research, and medical programs.[5]

Awards and recognition

Personal life

Geffen is known for his private lifestyle and high-profile real estate investments. He is one of the most prominent openly gay business figures in the United States, coming out publicly in 1992.[6] Geffen currently resides between homes in California, New York, and other locations.

Legacy

David Geffen’s impact on the entertainment industry and philanthropy is significant, with major contributions to music, film, and the arts. His business ventures have shaped modern entertainment, while his philanthropic support has extended to important initiatives in medicine and education.

References

  1. ↑ "David Geffen". Forbes. Retrieved 2024-10-30.
  2. ↑ Boorstin, Dan Mangan,Julia (2022-03-09). "Barry Diller denies insider trading on Microsoft, Activision deal amid DOJ and SEC investigations". CNBC. Retrieved 2024-11-01.{{cite web}}: CS1 maint: multiple names: authors list (link)
  3. ↑ Wild, Stephi. "Geffen Playhouse Raises More Than $1.3 Million At Annual Backstage Fundraiser". BroadwayWorld.com. Retrieved 2024-11-01.
  4. ↑ "WQXR | New York's Classical Music Radio Station". WQXR. Retrieved 2024-11-01.
  5. ↑ "Album of the Month for BarbraNews.com by Steven Housman". www.barbranews.com. Retrieved 2024-11-01.
  6. ↑ "The Most Powerful Gay Men and Women in America". Out Magazine. May 2007. Retrieved January 15, 2009.

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