| Birth Year | 1940 |
| Birth Place | Los Angeles, California, United States |
| Age | 83 YEARS OLD |
| 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 is a prominent figure in the manufacturing sector in the United States, and his wealth reflects the success he has achieved. As of 2024, his net worth is estimated to be an impressive $1.1 billion. Friese's entrepreneurial skills and expertise have allowed him to build substantial wealth in the manufacturing industry. He has consistently demonstrated his ability to navigate the challenges and opportunities of the sector, resulting in remarkable financial success.
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.
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.
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.
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.
