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Forbes: 10 Billionaires Of The Music Business

David Geffen

2012 net worth: $5.5 billion

2011 net worth: $5.1 billion

A 2010 inductee to the Rock and Roll Hall of Fame, Geffen founded Asylum Records and Geffen Records, launching the careers of the Eagles, Aerosmith and Guns N' Roses. In 1990 he sold out to MCA for $550 million. Geffen's fortune continues to rise thanks to the increasing value of his massive contemporary art collection.

More from Forbes:
Top-Earning Dead Musicians Of 2012
Hip-Hop's Cash Kings
The Top-Paid DJs

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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