Meet the billionaire who hosts the Obamas, Trumps and Hollywood stars on his luxury yacht

Do the Obamas and the Trumps have the same BFF? This billionaire has a luxury yacht that has hosted a string of mega celebrities – and he’s got Instagram posts to prove it
It’s that time of year again. Billionaire entertainment mogul David Geffen has set sail on his US$590 million luxury yacht, “Rising Sun,” and as usual, he’s got a ton of boldface names with him, including the Obamas.
Last year, Karlie Kloss, Leonardo DiCaprio, and Mariah Carey were all pictured aboard the 454-foot megayacht.
This is David Geffen. He’s a founder of DreamWorks SKG, Asylum Records, Geffen Records, and DGC Records. He’s worth a reported US$7.4 billion.
Geffen owns “Rising Sun,” a 454-foot megayacht that was originally built for Oracle founder Larry Ellison.
Geffen bought a half-share in Ellison’s yacht in 2007, then another half in 2010, for a grand total of US$590 million.
The yacht can accommodate 18 guests and a staff of 55 people. It even has a basketball court.
It’s perfect for entertaining on the high seas.
Geffen has been touring the islands of French Polynesia over the past few weeks.
During this time, the Obamas were vacationing at a nearby exclusive resort, The Brando, on the private island of Tetiaroa.

But on Friday, the Obamas were spotted aboard Geffen’s yacht, just off the island of Moorea in the South Pacific. The couple spent the morning on the yacht before leaving French Polynesia, according to the photographer.
The Obamas joined Oprah Winfrey, Tom Hanks, and Bruce Springsteen as guests on the boat. Last summer, Geffen documented all of his celebrity friends who stayed on the yacht. Leonardo DiCaprio was aboard.