Entertainment Mogul's assets were examined after the divorce of the 32-year-old partner

David Giftfen and his husband David Armstrong are divorced. The news was first reported by TMZ on May 16, 2025, in which it was found that the duo was together for less than two years.

In accordance with the legal documents mentioned, an unforgettable differences as the reason for separation. In addition, the 32-year-old Armstrong receives spouse support for about a year after California law, and the amount of it is still official. TMZ explained that the legal costs will also cover.

However, the remaining details of the divorce have not yet been announced. Apart from that, the representatives of Gefs and Armstrong have so far not shared an answer.

David Geffen is a popular face known for his work as a film producer and record manager. He had the opportunity to work together with music personalities, including Kylie Minogue, after the formation label was formed. Over and beyond, The celebrity assets indicates that he has a fortune of almost 14 billion US dollars.

According to the New York Post, Armstrong danced in gay clubs about ten years ago and arrived in Florida. Then he came to New York City and aimed to establish himself in modeling. A source for the outlet also claimed that the first meetings and Armstrong's first meeting took place after this had trained David.

According to reports, the couple's wedding ceremony was present, as stated in the New York Post. Already in April 2023 the couple was seen together in a helipad in New York City, and at the same time a gold band was discovered on David Geffens Ringfinger.

David Geffen's assets: properties, yachts and other details

He was also known as David Lawrence Gefs, he was a producer of many films and television programs. He was also a record producer for Gefs Records and published the albums of many famous artists. All of this was also his source of income.

According to Celebrity Net Worth, David Gefs has luxurious real estate with two apartments in New York City. In 1990 he bought a discount for $ 47.5 million in Beverly Hills, and the price of the apartments is 54 million US dollars or $ 14.2 million.

In addition, the entrepreneur has a house in East Hampton worth 70 million US dollars. He even bought a free property in Beverly Hills for $ 30 million about six years ago and later sold it for $ 34 million.

Apart from these, he has a huge art collection with a price between 2 and 3 billion US dollars. He even sold some of them, including the 1955 oil painting, for which he received almost 300 million US dollars, as it was, according to celebrity, netto -assets. In addition, Gefs paid around 590 million US dollars for a yacht called Rising Sun.

David Geffen's collaboration with Geffen Records also helped him earn a lot. While the record label was sold to MCA Music Entertainment, David had a participation of almost 700 million US dollars when Matsushita Electric MCA acquired for $ 6 billion.

David later came to director Steven Spielberg and Jeffrey Katzenberg to launch the Dreamworks SKG production company and to publish many successful films from various genres over the years, including Kung fu panda. In 2008, the company resigned from the company.

David also founded Pictures in 1982, which was active for more than ten years. Although it was discontinued a long time ago, the company was revived last year with the release of Tim Burton's film. Beetlejuice Beetlejuice.

David Geffen has won many awards for his work, including the president's Merit Award for his participation in the music world in 2011. Although he is active on Instagram, he has privately determined the account.