Good Bad Billionaire

David Geffen: The Hollywood power broker

Jan 19, 2026
Dive into the compelling rise of David Geffen, from a Brooklyn childhood to Hollywood's elite. Discover how he ignited the careers of musical legends and co-founded DreamWorks with Spielberg. Uncover tales of wealth, personal struggles, and a staggering art collection. Geffen's philanthropic journey highlights his $1.2 billion-plus donations and insights into the ethics of wealth. Explore his legacy in entertainment, controversies, and the impact he left on culture.
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ANECDOTE

Sold Asylum Too Early

  • Geffen founded Asylum Records, signed Joni Mitchell and the Eagles, then sold it to Warner for $7m.
  • He later called that sale a mistake after the label's value rose to $50m within a year.
ANECDOTE

High-Profile Romance Ends Publicly

  • Geffen had an 18-month relationship with Cher, proposing in Hawaii and going public at the Grammys.
  • The breakup was humiliating after Cher left him for Greg Allman and publicly insulted his appearance.
INSIGHT

Corporate Film Role Was Poor Fit

  • Geffen's first movie role as Warner Bros vice-chair was a mismatch and he was fired within a year.
  • Corporate film studio bureaucracy clashed with his dealmaker temperament.
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