David Geffen Fast Facts

Inductee David Geffen attends the 25th Anniversary Rock & Roll Hall of Fame 2010 induction ceremony at The Waldorf Astoria Hotel on March 15, 2010, in New York City.

(CNN)Here is a look at the life of David Geffen, producer, studio executive and philanthropist.

Birth date: February 21, 1943
Birth place: Brooklyn, New York
Birth name: David Lawrence Geffen
    Father: Abraham Geffen, pattern maker
    Mother: Batya (Volovskaya) Geffen, shopkeeper
    Education: Attended University of Texas, Austin; Brooklyn College, City University of New York; and Santa Monica City College.
    Other Facts:
    He dropped out of Santa Monica City College, Brooklyn College and the University of Texas.
    David Geffen Medical Scholarships provide full tuition for outstanding applicants attending the David Geffen School of Medicine at UCLA.
    Under Geffen's tenure, Geffen Records was home to popular artists such as Cher, Donna Summer, John Lennon and Yoko Ono, Elton John and Guns 'N' Roses.
    During the 1990s, Geffen was a top fundraiser for the Democratic party. He was rewarded with an overnight stay at the White House during Bill Clinton's presidency.
    Prior to the 2008 presidential election, Geffen threw his support behind Senator Barack Obama, rather than Hillary Clinton. Geffen was quoted in the New York Times as saying, "Everybody in politics lies, but they (Bill and Hillary Clinton) do it with such ease, it's troubling."
    1964-1968 - Works as a mail room clerk and an agent at the William Morris Agency.
    1968 - Talent agent for Ashley Famous Agency.
    1969 - Executive vice president and talent agent for Creative Management Associates.
    1970 - Co-founds Asylum Records with Elliot Roberts.
    1971 - Sells Asylum Records to Warner Communications for $7 million.
    1975 - Becomes vice chairman of Warner Brothers Pictures.
    1976 - Is misdiagnosed with bladder cancer.
    1981 - Produces "Dreamgirls" on Broadway.
    1982 - Produces "Cats" and "Little Shop of Horrors" on Broadway.
    1982 - Founds Geffen Film Company.
    1983 - Geffen Film Company releases "Risky Business."
    1990 - Sells Geffen Records to Music Corporation of America (MCA) for $550 million.
    1990 - Wins a Daytime Emmy Award for Outstanding Animated Program, "Beetlejuice."
    1994 - Co-founds Dreamworks Studio with Steven Spielberg and Jeffrey Katzenberg.
    1995 - Dreamworks signs a $100 million deal with ABC.
    May 2002 - Donates $200 million to UCLA in what is considered the largest single donation to a US medical school in history at that time. The David Geffen Medical School is named in his honor after this donation.
    January 2006 - Dreamworks is sold to Paramount Pictures.
    2008 - Leaves Dreamworks.
    March 5, 2010 - Is inducted into the Rock & Roll Hall of Fame as a "non-performer."
    February 12, 2011 - Receives the Grammys President's Merit Award.
    2012 - Donates $100 million to UCLA's David Geffen Medical School.
    March 4, 2015 - Lincoln Center announces it will rename Avery Fisher Hall -- best known as the home of the New York Philharmonic -- David Geffen Hall in gratitude for the movie mogul's $100 million gift.
      September 2015 - The David Geffen Foundation sells two paintings for $500 million to billionaire Ken Griffin in one of the world's largest contemporary art deals.
      March 2019 - Ranks No. 187 on Forbes' annual list of billionaires, with a net worth of $7.8 billion at the time of publication.