You gotta love the one percent, hoarding the world’s cash and spending it wisely so that it trickles down to the masses.
At least that’s the idea, right? Take a look at Dan Bilzerian‘s Instagram account and weep, comrades.
The reality is that all these people are really good for is a bit of Monday morning entertainment as you get on that nine to fiver that pays the bills, and American record executive David Geffen is delivering.
Geffen created Asylum Records, so at least he’s contributed the likes of Guns N’ Roses, the Eagles and Aerosmith to the world (our dads, and the crowd at a pool bar at 2AM, thank you), and it’s made him some serious dollar.
Forbes estimates the net worth of David Geffen at USD 6.6 billion. In March 2015 Geffen donated USD 100 million to New York’s cultural institution Lincoln Center, which will be used to renovate the Avery Fisher Hall. The concert hall will be renamed David Geffen Hall.
So at least this guy gives something back, but that hasn’t stopped him from buying an unnecessarily massive yacht, a private jet, and property that rivals the British Royal family:
David Geffen owns a large house in the East Hamptons which he purchased for US$ 50 million and he owns a Malibu Beach House with a value over USD 20 million. Geffen also owns an estate in Beverly Hills, which was built for Warner Bros founder Jack Warner. Geffen also owned the luxury yacht Pelorus.
Geffen owns a Gulfstream G650 private jet, with registration N221DG. The jet was delivered in 2013. A Gulfstream G650 has a list price of US$ 70 million.
He is also one of the founders of Dreamworks, so he has a ton of famous friends, all of whom feature on his Instagram account.
Here’s Oprah (who took a holiday on the yacht, so it must be pretty swanky):
And here he is with Leo:
Spot the Beatle:
Ain’t that supermodel Karlie Kloss:
Jerry bloody Seinfeld:
Tom Hanks for the win:
Here’s that famous celebrity party yacht, which he also uses to casually visit posh people with names like Howard and Nancy:
You can check out a list of all the celebrities who have partied on the yacht here.
Must be nice.
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