David Lawrence Geffen (born February 21, 1943) is an American film producer, record executive, and media proprietor. In music, he co-founded Asylum Records with Elliot Roberts in 1971 before founding Geffen Records in 1980, DGC Records in 1990, and co-founding DreamWorks Records (with Mo Ostin, Michael Ostin and Lenny Waronker) in 1996. In film, he founded the Geffen Film Company in 1982 and co-founded DreamWorks SKG (with Steven Spielberg and Jeffrey Katzenberg) in 1994.
According to Forbes, he is the wealthiest person in the global entertainment industry with an estimated net worth of US$9 billion.
Early life and education
David Geffen was born in Borough Park, Brooklyn, New York, to Abraham Geffen and Batya Volovskaya (1909–1988). Geffen's mother owned a clothing store in Borough Park called Chic Corsets by Geffen. Both of his parents were Jewish immigrants who met in Mandatory Palestine and then moved to the United States. His older brother Mitchell (born Mischa) Geffen (1933–2006) was an attorney who attended UCLA Law School and later settled in Encino, California.
Geffen graduated from Brooklyn's New Utrecht High School in 1960 with a "barely passing 66 average". He attended the University of Texas at Austin for a semester, and then Brooklyn College, before again dropping out.