David Geffen’s Yacht: Everything You Want To Know
Ian Fortey Updated on February 22, 2023. In Yachtsby
David Geffen is a businessman most famous for his work running record labels and a film studio. His net worth is estimated at around $7.7 billion and he’s also been the owner of one of the world’s largest yachts for some years now. He owns a second yacht as well, one called Pelorus that clocks in at 115 meters in length. That means Geffen is the owner of at least two megayachts
What is David Geffen’s Yacht Called?
Geffen named his yacht the Rising Sun and it was built back in 2004 and then refitted in 2007. The yacht was originally built by German yacht maker Lurssen and originally it belonged to Oracle founder Larry Ellison, but Geffen purchased it in 2010. Word is that Ellison thought it was just too big and ended up buying a smaller yacht that he felt was more manageable. That said, Geffen apparently owned a percentage share of the yacht since 2006.
How Big is the Rising Sun?
With a gross tonnage of 7,841 GT, the yacht is not as heavy as you might think for one of its size. The Rising Sun length clocks in at just under 453 feet with a beam of 60.7 feet. The yacht features a steel hull with an aluminum superstructure. It ranks as one of the largest yachts in the world.
How Much Did David Geffen Pay for the Rising Sun Yacht?
It’s been reported that Geffen paid Ellison a staggering $590 million for the Rising Sun however other reports suggest the vessel was $200 million. Given the size of the yacht and the time it was built plus various amenities it seems more likely the true price is closer to $200 million. That’s speculation and also some educated guessing as a $590 million motor yacht sale in 2010 would likely have raised more flags in the media. It would make the Rising Sun one of the most expensive yachts ever, and that’s simply never been claimed by many sources.
The value of the luxury yacht has been speculated to currently be between $300 million and $400 million after various refits and upgrades that have been added over the years. Despite the cost there is no yacht charter available to offset that for Geffen.
How Fast is the Rising Sun Yacht?
The Rising sun has a maximum speed of 28 knots and a cruising speed of 16 knots. This is achieved by 4 MTU 20V 8000 M90 diesel engines producing 48,000 hp.
What’s the Interior of the Rising Sun Like?
A crew of 45 is needed to keep the Rising Sun operating and that includes taking care of the up to 18 guests in 9 staterooms. That includes one master suite and then 8 double suites.
Geffen has numerous amenities on board to ensure a luxurious stay for guests who, in the past, have included people like Tom Hanks, Barack and Michelle Obama, Mariah Carey and even Jeff Bezos and Oprah Winfrey. For a short time there were stories that this was, in fact, Oprah’s yacht because she had been spotted on board in 2013 when she was on holiday. However, she was just borrowing the yacht and does not own a yacht of her own.
There is both a sauna and a beauty salon on board as well as a large swimming pool and an elevator to travel between the five decks. There are 8,000 square meters of living space available between those decks which include teak decks and bathrooms finished in onyx.
The top deck of the yacht serves as a master suit and features a double sized cinema screen. The layout has been described as being like the pit of an avocado, meaning the movie screen is embedded in the wall in a way that creates an archway that can be traveled around it. A normal sized theater exists elsewhere on the yacht for the rest of the passengers to enjoy.
In addition to movies, there’s also a full size basketball court on board if anyone is looking to get into a game. The court also doubles as a helicopter landing pad. Of course there’s a well-equipped gym for working out as well. When it’s time to relax, the yacht features its own fully stocked wine cellar.
Unfortunately, Geffen has not welcomed media onto the yacht so images of the interior are few and far between. As you can imagine, he’s a man who enjoys his privacy and doesn’t want to share his space very openly. In fact, mentioning it has backfired on him in the past.
Back in 2020, sometimes after he was spotted refueling at Sea Fuels Marine in New Bedford, Geffen made an Instagram post about how he was self-isolating on his yacht in the Grenadines during Covid. The post went over poorly with people pointing out it was a little tone deaf to the average person who doesn’t have a multi-million dollar yacht to escape on. He deactivated his Instagram shortly thereafter.
The Bottom Line
David Geffen is a billionaire businessman known for is work in the music industry such as running Geffen Records and Asylum Records. His superyacht Rising Sun was built for $200 million though it’s been reported he paid as much as $590 million for it. The yacht is one of the largest luxury yachts in the world at 453 feet and features many amenities including a massive, double sized cinema screen, a basketball court, and a large pool. The motor yacht is a notorious hot spot for celebrity visitors that range from Paul McCartney to Bruce Springsteen to Chris Rock, Leonardo DiCaprio and Katy Perry among many others.