• David Wehner is a 59 year-old Caucasian chemist, physicist, finance expert and business pundit
• He is the CFO of Facebook, Inc. and has held a multitude of other positions since 1988
• He is believed to be married and resides in San Francisco, California
• He owns and sells Facebook shares and his annual salary is around $20 million
• His net worth is estimated to exceed $80 million
- 1 Who is David Wehner? What is his age?
- 2 Early life: Significant education
- 3 Career: Testing different fields
- 4 Love life: Who is his wife?
- 5 A trusted teammate
- 6 David’s interests still lie elsewhere
- 7 Soldier of humanity
- 8 Highly lucrative business
- 9 What is David Wehner’s net worth and salary?
Who is David Wehner? What is his age?
Born at some point in 1968, in an unspecified part of the USA (presumed to be Missouri), David Wehner is a 59 year-old Caucasian well-learned chemist, physicist, finance expert and business pundit. He is most famous around the world and throughout global media outlets thanks to his prestigious position as chief financial advisor (CFO) of Facebook, Inc. He has also had a multitude of other successes during the course of his apparently lucrative career in multiple fields since 1988.
Early life: Significant education
Wehner’s beginnings have remained a closed book to the public since he became something of a celebrity, leaving the names and professions of his parents, and any potential siblings, completely unknown.
Posted by Dave Wehner on Saturday, August 20, 2016
His early education offers some insight into where he may have grown up, as it is known that he attended Saint Louis Priory School in Missouri, from where he matriculated in 1986. In the same year, he enrolled into Georgetown University, graduating from there in 1990 with a Bachelor of Science degree in chemistry, and where he also served as an editor of “The Hoya” for a time, which is Georgetown’s oldest and largest student newspaper, hailing from 1920. Notably, David spent two years of his Georgetown University education as a researcher to boot, for the US Naval Research Laboratory (NRL), from 1988 to 1990. He then moved onto another field of expertise, enrolling into Stanford University as an aspiring physicist, eventually graduating from there with a Master of Science degree in applied physics in 1993. During his time there, he was also an associate of the National Science Foundation (NSF).
Career: Testing different fields
In spite of an extensive scientific education, it looks like David decided to pursue something entirely different – business rather than hands-on science. His first professional engagement after his paid researcher position was being a consultant for the global strategy consulting firm Monitor Company, from 1993 to 1997, advising a broad range of clients across the US and various parts of Asia. In the latter year, he joined Hambrecht & Quist as an equity research analyst, remaining there for two years, then in 1999 being appointed by BigVine/AllBusiness as vice president, corporate development, which is the position he kept for two years again.
He then proceeded into what turned out to be a long-term collaboration with Allen & Company. As a managing director at this New York investment banking firm, he was tasked with corporate finance, mergers & acquisitions advising, and principal investing, meanwhile also leading finance teams in charge of capital raises and mergers & acquisitions, mostly in relation to the company’s Silicon Valley clients. In 2003 David became a board member of StubHub, Inc. – a massive ticket marketplace that many turn to for event attendance. He remained there until 2007, and at Allen & Company until July 2010.
Ever greater ventures
Wehner joined Zynga, Inc. in 2010, a company focused on publishing computer games, most famously the Facebook-promoted “Zynga Poker”.
At this point, David held the series 7 and series 24 licenses, both given for passing the general securities principal exam administered by the US Financial Industry Regulatory Authority, also known as FINRA, and most likely how David initially made contact with Facebook’s management team. After spending almost two and a half years as the chief financial officer (CFO) of Zynga, Inc., he was ultimately assigned the vice president, corporate finance and business planning position for Facebook, Inc. He held this position from November 2012 to May 2014, then made the official replacement for David Ebersman, former CFO of Facebook. Wehner remains in this position to this day, gaining quite a significant income from it nearing the start of 2020. It is undoubtedly the greatest contribution to his net worth among all other engagements in his career.
Facebook CFO David Wehner says new EU privacy rules could impact daily user numbers https://t.co/NOCOIYuMmx#GDPR #Facebook #SocialMedia #Data #privacy #CFO
— Pagefreezer (@PageFreezer) May 29, 2018
Love life: Who is his wife?
David has thus far given no information whatsoever pertaining to the nature of his romantic involvements. He is widely believed to be married to a woman, but no specifics about his wife have been made public so far. He resides in San Francisco, California, at an unspecified location, supposedly with a family of his own.
A trusted teammate
In the picture taken on Mark Zuckerberg’s 33rd birthday, on the 14th of May 2017, fans are able to recognize quite a few high-ranked individuals, among whom David was also present. In an article by Vox.com, he is listed as the eighth most important figure in the photograph, among a total of 21 present individuals.
Wehner was described as ‘the man responsible for explaining Facebook’s business operations to all those investors anxiously listening in on earnings calls.’ – the duty that arguably sustains the most valuable pillar of the massively successful company.
David’s interests still lie elsewhere
In spite of performing one of the world’s most lucrative jobs, at one of the most successful companies in history, David doesn’t much care for the full potential of financial gain that he could accumulate. He can often be seen selling his company shares, the most recent sale being in November 2019. Many have wondered why exactly he would do this, but so far there is only speculation, as the scientist himself remains quiet about it. Yet, the nature of his original profession may offer some insight.
Soldier of humanity
As reported by CNBC in November 2018, David started spending slightly less time at Facebook’s headquarters since he first got the job, for a noble reason. He took up the position of a board member (for the first time in over a decade) at Alector, which is a South San Francisco-based biotech company founded in 2013. What sets it apart from its competitors is its revolutionary approach to the application of medicine, and its ultimate goal: to find a way to eradicate Alzheimer’s disease. One of the more plausible assumptions as to why Wehner may be selling his Facebook shares is that he uses this money for donations towards invaluable research. Alector seeks to cure the brain by stimulating its own immune system betterment – a method never attempted before, and thus sure to require a considerable amount of funds.
Highly lucrative business
When cnet.com took the liberty to explain to their readers just how much money Mark Zuckerberg actually makes as the founder and CEO of Facebook, it was revealed that he only earns $1 from his job, and while he does own a massive number of Facebook shares, he doesn’t receive stock grants for compensation. Instead, some who own a lot less, receive much more. David Wehner is mentioned on this list right after Facebook COO Sheryl Sandberg, and it is said that he gets up to $650,000 through shares ownership.
What is David Wehner’s net worth and salary?
David’s net worth most definitely exceeds $80 million, as reported by wallmine.com. He owes a great amount of this fortune to his ownership and sales of Facebook shares, but in even greater part to his annual salary as the CFO of Facebook, Inc., which is said to be around $20 million.