Not many billionaires care about the entrepreneur, but David Friedberg is different. He has had many ventures throughout his career, but perhaps his most successful one was The Climate Corporation. Currently, he heads The Production Board (TPB) and appears on the All-In Podcast. As of 2023, David Friedberg has a net worth of $1 billion.
Background
Friedberg was born in South Africa on June 1, 1980 and lived there until he was six years old. His family moved to the United States and settled in Los Angeles. David was a bright student and attended Clarkson University at 16. To pay the bills, he worked in a pool hall and played poker.
In 1997, Friedberg went to the University of California, Berkeley and studied astrophysics. Here he earned his bachelor’s degree in 2001 and immediately dived into the business world
Rise to Prominence
After graduating, David worked for firms in investment banking and private equity. In 2004, he joined Google as a product manager and worked on Google Adwords, their online advertising platform. He also helped Google with acquisitions and worked closely with co-founder Larry Page.
Friedberg left Google in 2006 to found The Climate Corporation. The firm’s objective is to use digital tools to help farmers throughout the world enhance production in a sustainable way. It was a massive success, and was acquired by Monsanto in 2013 for $1.1 billion. Friedberg continued to serve as CEO but eventually left in 2015.
Current Ventures
Before leaving The Climate Corporation, he established the insurance company Metromile in 2011. Since then, he served as the company’s chairman. He was chosen as chairman of Northern Quinoa Production Corporation and Pattern Ag.
In 2017, David Friedberg started The Production Board and raised $300 from the likes of Alphabet, BlackRock and Baillie Gifford. He went on to become a board member of various organizations in 2019, including Triplebar Bio, Tillable, and UR Labs. Before this, he was a board member of Soylent.
In the same year, he became the executive chairman of Cana, which makes groundbreaking 3D-printed beverages. He also joined the panel of the All-In Podcast with fellow entrepreneurs Chamath Palihapitiya, Jason Calacanis, and David Sacks.
Net Worth and Earnings
It’s no surprise that Friedberg made the majority of his wealth from selling The Climate Corporation for $1.1 billion. He used the money to further build his wealth by starting more companies and investing in startups.
Due to his background and success, companies are eager to have him on their board. He’s become more well-known as a co-host on the All-in Podcast and the publicity benefits his career. Friedberg wealth now stands at an estimated $1 billion.
Personal Life
David Friedberg is happily married to Allison Broude Friedberg and they live together in a luxury home in San Francisco. There have been no reports of the couple having a child together. Friedberg is a lifelong vegetarian and is passionate about sustainable living.
