$1 Billion | Rank #2448
Who is Donald Friese
In 2015 he sold C.R. Laurence to a big customer, Oldcastle BuildingEnvelope, a subsidiary of Irish conglomerate CRH, for $1.3 billion in cash.
Friese grew up a poor orphan in rural Pennsylvania, going to work on a dairy farm at age 12 before enlisting in the Army after high school.
After a three-year tour, he moved to California with just $125 and landed in the warehouse of C.R. Laurence, then a small distributor of supplies.
He climbed the ladder, amassing equity in the company until he owned 100%, and expanded by purchasing competitors and moving into manufacturing. Coming from an average or middle class family, Donald Friese is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 2448 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 81.0 years old. As of today, Donald Friese’s net worth is approximately 1 Billion.
Facts about Donald Friese
| Net Worth: | 1 Billion |
| Billionaire Rank: | 2448 |
| Age: | 81.0 |
| Date of Birth: | 03-10-40 |
| Gender: | Male |
| Currently Living in: | Los Angeles, California, United States |
| Birth Place: | United States |
| Source of Wealth: | manufacturing |
To find out what is Donald Friese Net Worth, how he got there and what is Donald Friese Salary Per Day, Career, Biography and Childhood details, continue reading below.
Background of Donald Friese
Donald Friese was born on 03-10-40 in United States. Since he retired in August 2018, Friese has been focusing on philanthropy through his family foundation. He has so far donated $60 million to the organization. When Friese sold C.R. Laurence, he gave his employees $85 million. All 1,600 longtime workers got a bonus check — some for more than $1 million. Being raised in the same country, Donald Friese spent most of his time in California in the city of Los Angeles.
Donald Friese net worth is estimated at 1 Billion Billion to date.
Professional Journey
You will see him often in social media. Donald Friese’s fortune stems from C.R. Laurence, which manufactures or distributes more than 65,000 products for the glass industry. There was a time when he would have embraced the change that was coming. He is one of the persons who are always trending in news. Since he retired in August 2018, Friese has been focusing on philanthropy through his family foundation. He has so far donated $60 million to the organization. In his youth, he was adventurous but unknown, but that was years ago. In 2015 he sold C.R. Laurence to a big customer, Oldcastle BuildingEnvelope, a subsidiary of Irish conglomerate CRH, for $1.3 billion in cash.
Friese grew up a poor orphan in rural Pennsylvania, going to work on a dairy farm at age 12 before enlisting in the Army after high school.
After a three-year tour, he moved to California with just $125 and landed in the warehouse of C.R. Laurence, then a small distributor of supplies.
He climbed the ladder, amassing equity in the company until he owned 100%, and expanded by purchasing competitors and moving into manufacturing. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Donald Friese’s fortune stems from C.R. Laurence, which manufactures or distributes more than 65,000 products for the glass industry.
It is to be noted that Donald Friese is one of the selfmade billionaires in the world and stands at 2448 in most wealthy persons in the world.
FAQs
Here are a few most frequently asked questions about Donald Friese:
How much is Donald Friese worth?
Donald Friese’s net worth is estimated to be 1 Billion.
How old is Donald Friese?
Donald Friese was born on 03-10-40, and is currently 81.0 years old.
What is Donald Friese source of income?
Donald Friese acquires most part of his wealth from manufacturing.
Concluding Donald Friese Net Worth
Currently with a net worth of 1 Billion, Donald Friese stands at 2448 in the world billionaires list. And draws most of his wealth from manufacturing. Hope you like this information about Donald Friese. If you like this, then please share it with your friends. This above post is all about the estimated worth of Donald Friese. Do you have any queries? Feel free to ask via comment section.
Disclaimer: Please keep in mind that this is an estimated net worth of Donald Friese. Actual worth may vary a little. You can always get information by checking out Leaktown.com.
