Movie and music producer David Geffen is worth an estimated $8.49 billion, making him the richest man in Hollywood, according to Bloomberg's Billionaires Index.
In 1971, he founded music label Asylum Records, where he signed artists like Jackson Browne.
In the 1970s, Geffen had a high-profile relationship with singer Cher.
In the 1980s, Geffen ran his music label, Geffen Records.
High-profile artists signed to the label included John Lennon and Yoko Ono, Elton John, Donna Summer, Guns N' Roses, Aerosmith, Don Henley, Cher, and Peter Gabriel.
Geffen later sold the label to MCA for $550 million worth of stock.
A few months after that deal, Geffen made $700 million when MCA was bought by Matsushita Electric Industrial Co., Ltd (which later became Panasonic), according to Bloomberg.
next slide will load in 15 secondsSkip AdSkip AdWith the movie arm of his business, Geffen Pictures, Geffen produced films including "Risky Business," "Beetlejuice," and "Interview with a Vampire."
In 1994, Geffen cofounded movie studio DreamWorks SKG with Steven Spielberg and Jeffrey Katzenberg.
The 76-year-old billionaire owns millions of dollars worth of real estate in California. His primary home is reported to be the sprawling Jack Warner Estate in Beverly Hills.
According to Variety, Geffen has lived at the Beverly Hills estate since 1990, when he bought it for $47.5 million.
The mansion is named for Jack Warner, the cofounder of Warner Bros, who built it in 1937.
The nine-acre property includes a 13,600-square-foot Georgian-style mansion, two guesthouses, a tennis court, swimming pool, nine-hole golf course, terraces and gardens, and a motor court with its own service garage and gas pump.
Geffen owns at least two other homes in Beverly Hills. In the spring of 2019, Geffen picked up a $4.65 million Beverly Hills house next door to one he already owned.
And the billionaire continues to pick up Beverly Hills properties. Just last month, Geffen paid $30 million — for an empty, one-acre lot.
next slide will load in 15 secondsSkip AdSkip AdUntil a couple of years ago, the billionaire also owned a beach house on Carbon Beach in Malibu, nicknamed "Billionaire's Beach" for the ultra-wealthy residents who have called it home.
Geffen has quite the real-estate footprint in New York as well. He's the owner of two condos, including a 12,000-square-foot triplex penthouse, in the Park Cinq, a luxury Fifth Avenue building near Central Park in Manhattan.
In the Hamptons, the ritzy vacation destination for New York's elite, Geffen owns a $70 million waterfront mansion.
About two months later, news broke that Geffen had sold another 5.5-acre Hamptons property that he'd bought in 2014 for about $50 million.
He sold it for $67.3 million.
The estate, which sits on coveted Georgica Pond, includes a seven-bedroom main house, an outdoor swimming pool, and a three-bedroom guesthouse.
Geffen is known for cruising the seas and hosting celebrity guests on his 453-foot superyacht, Rising Sun.
Geffen bought the yacht for $590 million from Oracle CEO Larry Ellison in 2010, according to Forbes.
His guests have included Barack and Michelle Obama, Oprah Winfrey, Bruce Springsteen, and Tom Hanks.
Most recently, Geffen was pictured partying on his yacht with Amazon CEO Jeff Bezos and Bezos' girlfriend, Lauren Sanchez, former Goldman Sachs CEO Lloyd Blankfein, and model Karlie Kloss and her husband, Josh Kushner, in the Balearic Islands in Spain.
In June, he posted photos to Instagram of his yacht adventures in Mallorca with stars including Chris Rock, Orlando Bloom, and Katy Perry.
next slide will load in 15 secondsSkip AdSkip AdGeffen reportedly had the yacht refitted over a six-month period.
But Rising Sun isn't the only superyacht Geffen has owned. In 2011, less than a year after buying Rising Sun, Geffen snapped up Pelorus, a 377-foot superyacht that he bought for $300 million from Russian billionaire Roman Abramovich.
Geffen has donated hundreds of millions of dollars to educational institutions, museums, and gay-rights causes.
He established the David Geffen Foundation in 1986, which has focused its efforts on five main areas: populations affected by HIV/AIDS; civil liberties; the arts; issues of concern to the Jewish community; and health care.
After he donated $300 million to the University of California, Los Angeles, the university named its medical school after him.
In 2017, Geffen pledged $150 million to the Los Angeles County Museum of Art.
It was the largest single cash gift from a single person in the museum's history, and the museum subsequently named its new building the David Geffen Galleries.
"It seemed as though, if I didn't do it, it wasn't going to get done — they've been attempting this for years and they couldn't raise the money," Geffen told The New York Times in an interview at the time. "I love art, I love L.A., and I could do it, so I did."
next slide will load in 15 secondsSkip AdSkip AdGeffen, who came out as gay at an AIDS charity event in the 1990s, has also donated to AIDS and gay-rights causes.
Geffen has an art collection worth more $2 billion, according to Bloomberg.