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Billionaire David Geffen, 82, accused of hiding finances to avoid paying 32-year-old boytoy ex big bucks

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David Geffen is being accused of hiding his finances to avoid paying his estranged husband, David Armstrong, big bucks in their divorce.

According to court documents filed Wednesday and obtained by Page Six, the former go-go dancer, also known as Donovan Michaels, claimed his ex, who is “one of the world’s richest, most powerful, and influential men,” has “repeatedly yet falsely attempted to portray himself as an aging ‘retiree.’”

However, Armstrong, 32, claimed in the docs that Geffen, 82, remains an “enormously important power player” in wealthy circles. He also claimed the film producer is one of the highest income earners on earth due to his “myriad of capitalist ventures.”

Armstrong claimed in the court docs that Geffen and his attorneys are “attempting to conceal” multiple streams of cash flow.

According to an amended income and expense declaration obtained by Page Six, Geffen, who is worth $9.1 billion, wrote “N/A” for all of his monthly income and investment income.

Additionally, Geffen also listed “N/A” for his assets.

Page Six has reached out to Geffen’s lawyer for comment but did not immediately hear back.

Armstrong’s claims came a day after news surfaced that he had withdrawn his explosive lawsuit against Geffen.

In the suit, the model claimed the Asylum Records co-founder used “seduction” and “control” to “entrap” him in “a cycle of dependency, submission and humiliation.”

The lawsuit was requested to be dismissed without prejudice, meaning that Armstrong can re-file the suit in the future.

Armstrong’s famed lawyer, Bryan Freedman, told TMZ that his client’s additional “financial conflicts” would be privately resolved in mediation.

Geffen claimed he paid his ex $200,000 since they split in February, and covers Armstrong’s $15,000 monthly rent.

The record exec also claimed Armstrong is in possession of $5 million in jewelry, art and watches that Geffen purchased.

Armstrong and Geffen secretly tied the knot in a private ceremony in Beverly Hills, Calif., in March 2023.

In May, Geffen filed for divorce from Armstrong after two years of marriage — with no prenuptial agreement in place.

The following month, Armstrong claimed in a bombshell lawsuit that his estranged husband allegedly paid him thousands for sex and groomed him.

“It was a sick game. Michaels became a prop in Geffen’s theater of virtue, paraded around as evidence of Geffen’s supposed altruism, while privately used as a sexual commodity,” the lawsuit claimed.

Armstrong also claimed Geffen would often hire sex workers, both men and women, throughout their “sexually-open marital lifestyle,” and “plied” him with drugs — including cocaine, molly, and cannabis.

Geffen’s attorney denied Armstrong’s allegations, saying they would be “vigorously and righteously defending against this false, pathetic lawsuit.”

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