Donald Friese

About Donald Friese

Birth Year: 1940
Birth Place: Los Angeles, California, United States
Residence: Chatsworth, Los Angeles, California, US
Occupation: CEO of C.R.Laurence Co., Inc.
Title: Founder and CEO of C.R.Laurence Co., Inc.
Spouse(s): Andrea Friese
Children: 3
Website: www.crlaurence.com

Donald Friese


Manufacturing

Donald Friese is a member of Manufacturing born on 1940 in Los Angeles, California, United States. At age 78 Donald Friese net worth is approximately $1.2 Billion. Donald Friese's fortune stems from C.R. Laurence, which manufactures or distributes more than 65,000 products for the glass industry. The company sells everything from frameless shower door hardware to display cases and cleaning supplies -- everything but the glass itself.

Want to meet Donald Friese this weendkend? Check out Donald Friese events:

Donald Friese events

💰 Net worth: $1.2 Billion

2016 $1 Billion
2017 $1.2 Billion
2018 $1.2 Billion

Biography/Timeline

1940

Donald Friese was born in 1940 in York, Pennsylvania, the third of 13 children. After his high school graduation, he joined the U.S. Army in 1958, trained as a missile mechanic, and was stationed in Taiwan and Okinawa.

1997

Friese started at C.R. Laurence in Los Angeles, which then had just one location, with an "entry-level job", as its sixth employee. A few years later, Bernie Harris, the owner, sold him a 10% stake, and he gradually acquired more, eventually buying Harris out when he retired. When Harris retired in 1997, he bought the 50% he did not already own.

2015

In 2015, he sold the company to the Irish conglomerate CRH plc for $1.3 billion cash, retaining most of the real estate and continuing as CEO. It was reported that Friese made $885 million from the sale of the company.

2017

Friese has been married to Andrea for 53 years (as of June 2017), and lives in Chatsworth, Los Angeles. They have a weekend house in Malibu. They have three children.

Some Donald Friese images