David Friedberg Net Worth

Have you ever wondered what the net worth of David Friedberg is?

David Friedberg is an American entrepreneur, business tycoon, and active investor. This Queen of Quinoa holds one of the biggest tickets in the world.

As of May 2023, David Friedberg has a net worth of $1 billion.

In today’s article, we’ll dig deeper into the personal life of David Friedberg, his background, career, and how he achieved his present net worth.

Early Life

David Friedberg was born on June 1, 1980, in South Africa. When he was 6 years old, his family moved to Los Angeles, California. He’s never spoken about his family in front of the press so there’s not much information about them.

Education

At the age of 16, David Friedberg entered Clarkson University in Potsdam, New York, where he experienced working in a pool hall and learned how to play poker.

After a year, Friedberg went to the University of California, Berkeley where he earned a degree in Astrophysics in 2001.

Childhood and Adolescence

Since he was young, David Friedberg has been passionate about improving the climate. In fact, during high school, he became president of an environmental club called “Students H.O.P.E” (Students Healing Our Planet Earth).

Physical Measurements

David Friedberg is a good-looking man with a charming smile and stands at 5’10 or 178 cm tall. He weighs approximately 158 pounds (68 kg).

Friedberg has a typical body and a healthy physique. He also has dark brown hair and light brown eyes.

Relationship and Family

David Friedberg is married to Allison Broude Friedberg and they’re living happily in San Francisco, California.

There are no details about how they met when they got married, and if they have any children. They’re also very private when it comes to their relationship.

Career, Business Ventures, and Investments

After earning his bachelor’s degree, David Friedberg worked at Investment Bank Broadview International for 2 years. He then became an investor at Concert Capital Partners in 2003.

From 2004 to 2006, Friedberg worked as a Corporate Development and Business Product Manager at Google. He helped Google with its online advertising platform, AdWords, negotiated investments, and worked with Larry Page, the co-founder of Google.

When he left Google, Friedberg started The Climate Corporation and became its CEO. Subsequently, Monsanto purchased The Climate Corporation in 2013.

Currently, David Friedberg is the CEO of “The Production Board.” He is also the founder and chairman of MetroMile, a leading digital auto insurance provider.

The Climate Corporation

The Climate Corporation is formerly named Weather Bill. It was founded by David Friedberg and his coworker at Google, Siraj Khaliq.

The company’s first goal was to help people and businesses adapt to climate change by providing weather insurance. Their specific market were ski resorts, big event venues, and farmers.

In 2010, The Climate Corporation decided to focus mainly on agriculture and launched the Total Weather Insurance Product. In October 2013, Monsanto made an announcement that it was purchasing the company for approximately $1.1 billion.

Metromile

Before leaving The Climate Corporation in 2015, David Friedberg established an insurance company called Metromile in 2011. Until today, he serves as the company’s chairman of the board.

Metromile is one of the pioneers of pay-per-mile car insurance, based in San Francisco, California. It’s their mission to provide fair and affordable insurance for low-mileage car owners.

The Production Board

David Friedberg started The Production Board in 2017. This company aims to invest in agriculture, food technology, biomanufacturing, and much more. He founded The Production Board to continue his goal of improving the Earth’s condition.

The Production Board team consists of founders, operators, scientists, and technologists. They work together to produce businesses and products that are helpful to millions of people.

Here are some of their founded businesses:

• PatternAg
• Uplifting Results Labs
• Cana Technology
• Ohalo Genetics
• Triplebar Bio

Northern Quinoa Production Corporation

David Friedberg is also the chairman and the CEO of Northern Quinoa Production Corporation, or simply NorQuin. This company is the only commercial producer of quinoa in North America and is headquartered in Saskatoon, Saskatchewan Canada.

In 2014, Friedberg purchased NorQyuin, that’s why he is called the Queen of Quinoa.

David Friedberg Net Worth 2023

As of May 2023, David Friedberg has a net worth of $1 billion.

As an entrepreneur, this is no surprise since he has many investments and companies. His estimated net worth made him eligible to be a board member in many progressive companies.

He also earns from being a co-host in the All-In podcast where he shares things about economics, politics, technology, and poker.

As of today, Friedberg is a board member in various companies, including Tillable, Triplebar Bio, and the UR (Uplifting Results) Labs. He is also the executive chairman of Cana, a venture that makes 3D-printed beverages.

According to some sources, David Friedberg has a base salary amounting to $4 million every year.

Frequently Asked Questions (FAQs)

Key Takeaways

Caring for Earth Is the Greatest Investment

Since he was young, David Friedberg was passionate about improving Earth’s condition. Now that he’s capable of earning big time, he never lost that passion. He invests in businesses that will be beneficial to people, and at the same time, to Earth.

Venture Out

One thing we can observe in David Friedberg’s career is how he explored many businesses. He wasn’t contented with just one business. When you venture out, you’ll be able to expand your connections and become more successful.

Be Money-Wise

When David Friedberg sold The Climate Corporation, he used the money he earned to invest in other businesses. This helped him acquire his present net worth.

When you have the money to invest, do it. Investing your money means putting your money to work and potentially building wealth.