David Friedberg is an American finance manager, and also the current CEO and author of The Production Board, a company dedicated to solving global problems. As of 2023, David Friedberg is estimated to be worth $1 Billion, according to public sources.
Like Elon Musk, David Friedberg is a South Africa-born billionaire and was formerly the author and CEO of The Climate Corporation, which he reportedly sold for $1.1 Billion. He’s a financial powerhouse as expected of an entrepreneur, investor, and opportunist.
Therefore, this article will dig deeper into David Friedberg’s net worth, annual earnings, assets, career, personal life, and more. Read on!
Biography
David Friedberg is the founder and CEO of The Production Board (TPB), a company dedicated to solving global complications like agriculture, biomanufacturing, human health, etc. He is also popular for selling his company, The Climate Corporation, to Monsanto for $1.1 Billion in 2013.
Here are some quick facts about David Friedberg:
As of 2023, David Friedberg is estimated to be worth $1 Billion, which is a result of his financial intelligence, being CEO of The Production Board, and more. The South African-born entrepreneur and investor are popular for his monumental sale of The Climate Corporation, which reportedly was acquired at $1.1 Billion. David Friedberg is a product of his investment capabilities, assets, and current business positions. While his earnings on all his assets are unavailable, information from Comparably reveals that David earned an average salary of $208,095 as the CEO of The Climate Corporation before leaving in 2015. Further information from Salary.com reveals that David Friedberg currently earns an average salary of $262,743 /year as the CEO of The Production Board. This crucial position and income stream sum his annual salary to approximately $300,000 per year. David Friedberg is also the founder and chairman of Metromile, a startup based in San Francisco that offers pay-per-mile car insurance. No information is available on whether Friedberg receives a salary from this venture, which may be unlikely since startups take time to grow before founders take salaries. As an investor David Friedberg has a vast investment portfolio consisting of stocks, real estate properties, etc, with most providing passive income. While much information isn’t available on most of these assets, the public is aware that the following companies exist in his investment portfolio: Ultimately, David Friedberg earns approximately $300,000 annually from his leadership positions on The Production Board. He possesses other assets but little is known about how much the billionaire earns from three ventures. After graduating from tertiary education at the University of California, Berkeley, David worked for multiple firms in investment banking and private equity. He eventually joined Google in 2004 as a product manager and worked on the company’s advertising platform Google AdWords. After two years, Friedberg left Google in 2006 and founded the company, The Climate Corporation. The establishment aimed to use digital tools to assist farmers globally to enhance production in sustainable ways. The company was successful, gained global recognition, and eventually, Monsanto acquired The Climate Corporation in 2013 for $1.1 billion. Despite the acquisition, Friedberg continued to serve as the company’s CEO. This acquisition increases David Friedberg’s net worth exponentially from a millionaire to a billionaire. He invested the earnings in other assets and founded The Production Board in 2015. David Friedberg took big steps into the world of entrepreneurship by launching his first company, WeatherBill. This establishment aimed to purchase and design custom weather insurance via the internet. This idea to start WeatherBill came while still working at Google as he went past the Bike Hut in San Francisco and observed sales decline during rainy periods. Essentially Zhe capitalized on the fact that the weather poses a significant issue to businesses. Friedberg helped secure funding for WeatherBill from Google Ventures, Founder’s Fund, Index Ventures, Atomico, Khosla Ventures, and NEA. David eventually renamed WeatherBill to The Climate Corporation, which helped farmers acquire weather insurance. The company also provided Climate.com, allowing farmers to track, analyze, and create field-specific findings on their farms to boost results. In October 2013, Monsanto secured The Climate Corporation for $1.1 Billion and retained Friedberg as CEO until 2015. Friedberg eventually launched The Production Board in 2015, the same year as leaving The Climate Company, and has continued to develop financially since. David Friedberg is known for his entrepreneurial and investment knowledge, which reflects in his current net worth valuation of over $1 billion. Aside from The Production Board and the 2013 sale of The Climate Corporation, very little is known about Friedberg’s investments and assets. Nevertheless, information from Crushbase revealed his investment portfolio contains companies like: David Friedberg also invests in Stocks but information on which assets he chose are limited. Nevertheless, we will keep this section updated when new details surface. David Friedberg is very private about his personal life and only provides financial and business information to the public. Fortunately, David has revealed that he’s married to Allison Broude Friedberg, and while there are rumours that the couple have children, there’s no reliable source to substantiate the claim. It’s also worth mentioning that David Friedberg is a lifelong vegan, dedicated to saving the planet, limiting harm to the ecosystem, and optimizing industrial activities for maximum efficiency. This desire served as the foundation for companies like The Climate Corporation and The Production Board. David Friedberg has an account on Twitter where he provides updates and opinion about the economy and his industry. However, there’s no authentic proof showing that the billion has active profiles on Instagram or Tiktok. David Friedberg is currently the Chief Executive Officer of The Production Board and is busy pushing the company to achieving its ultimate goal. The corporation aims to provide solutions to global complications like agriculture and human health. Very little information is know about Friedberg’s early life as he prefers to keep it private. Nevertheless, David is the son of Lionel Friedberg, who was as Los Angeles filmmaker that produced the 1989 documentary, Crisis in the Atmosphere. David Friedberg is a lifelong vegetarian or vegan, dedicated so saving the planet and limiting unnecessary harm to the planet. This desire is connected to his success as his two most prosperous establishments are geared towards solving global problems. David Friedberg founded The Climate Corporation and worked as the CEO until Monsanto acquired the establishment in 2013. The sale was made with a $1.1 Billion price tag, elevating Friedberg’s net worth to over $1 billion.
Full Name/Real Name:
David Albert Friedberg
Nick Name/Stage Name:
David Friedberg
Birth Place:
South Africa
Birthday:
June 1, 1980
Zodiac Sign:
Gemini
Age(How Old):
42
Weight:
68 kg
Height(How Tall):
5 feet 10 inches (1.78 meters)
Marital Status:
Married
Wife/Husband:
Allison Broude Friedberg
Girlfriend:
N/A
Parent’s Name:
Kids/Children Name:
Unknown
Siblings:
College:
University of California
Profession:
Angel Investor, Businessman, and Entrepreneur
Social Media Accounts:
Twitter
What Is David Friedberg’s Net Worth
David Friedberg’s Net Worth Annually
How Did David Friedberg Get Rich?
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FAQs
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