As of May 2025, David Frecka’s net worth stands at approximately $60 million. This figure comes from multiple financial sources that track wealthy business owners.
His wealth stems mainly from his success in the plastics manufacturing industry, where he built Next Generation Films from scratch.
Some less reliable sources claim his worth is only $4 million, but this doesn’t match up with his known assets and business history.
You might see social media posts guessing the Frecka family wealth is “in the billions,” but no serious financial reports back this up.
His net worth has stayed fairly stable since 2024, even after buying a $49 million Florida mansion and making large political donations.
Who is David Frecka?
David Allison Frecka, born June 16, 1953, is the founder of Next Generation Films, a major player in plastic film manufacturing.
Known as “Big Daddy Dave” to friends and family, he’s built his fortune through smart business moves in a tough industry.
In his own words, “The whole aspect of this company was to specialize in high-quality films. Everybody in this company had passion.”
He started Next Generation Films in 1996, focusing on high-quality plastic films and packaging solutions for various industries.
The company grew to become an industry leader known for quality and cutting-edge technology before merging with Charter Nex in 2019.
At 71 years old in 2025, Frecka recently made headlines with his engagement to Kimberlie Glaser of Highland Beach, Florida.
How David Frecka Built His $60 Million Net Worth
Frecka’s wealth comes primarily from founding and growing Next Generation Films into an industry powerhouse.
He once explained the challenges of his industry: “The plastic industry is so volatile that it’s easy to lose money. Resin can go up and down 100 percent in six to seven months.”
Before his retirement, the company planned a $75 million expansion in Lexington, Ohio, showing its growth and market position.
As CEO, Frecka invested heavily in leading technology, including several Varex blown film lines from Windmoeller & Hoelscher Corp.
The 2019 merger with Charter Nex to create Chicago-based Charter Next Generation likely represented a major payday for Frecka as the longtime owner.
While the exact terms weren’t made public, this deal probably added significantly to his current net worth.
The Triple F Collection: Frecka’s $50 Million Car Showcase
One of Frecka’s most visible assets is the Triple F Collection, a luxury car collection he shares with his sons Jordan and Jason.
The collection includes over 40 exotic supercars and hypercars worth more than $50 million as of early 2024.
Among the rare vehicles is a Bugatti Chiron, valued at approximately $3 million, along with numerous other limited-edition cars.
Their YouTube channel and Instagram account have gained huge followings, with over 230,000 YouTube subscribers and 175,000 Instagram followers.
The collection has become more than just a hobby—it’s a social media brand that showcases the family’s passion for luxury vehicles.
The annual Triple F Car Show raises hundreds of thousands of dollars for the Make-A-Wish Foundation, turning their car passion into a charitable impact.
Frecka’s Real Estate Portfolio
In February 2025, Frecka made waves in real estate circles by purchasing a lavish oceanfront estate in Manalapan, Florida, for $49.12 million.
The property spans 1.85 acres with 200 feet of oceanfront access and includes both a main house and a guest house.
With a total living area of 20,712 square feet, the estate features two pools and a private dock for ultimate luxury living.
The Manalapan area has become a hotspot for wealthy buyers, especially after Larry Ellison’s record $173 million purchase nearby.
Beyond this recent acquisition, Frecka maintains homes in Columbus and Delaware County, Ohio, showing his connections to his business roots.
He also owns property in Tierra Verde, Florida, near St. Petersburg, giving him multiple luxury bases across two states.
Political Giving
David Frecka has become a major political donor in recent years, particularly to conservative causes and PACs supporting Donald Trump.
OpenSecrets data shows he donated $1 million to Make America Great Again Action in September 2021.
He gave $1 million to House Freedom Action in May 2021, along with multiple $250,000 donations to other political groups.
His wife, Brenda Frecka, has also made large political contributions, including $1 million to Right Women PAC in June 2021.
These political donations show how the Freckas use their wealth to support causes aligned with their values.
The couple’s combined political giving exceeds $4 million over recent years, making them significant players in political funding circles.
Philanthropy
Beyond politics, the Frecka family shows commitment to charitable causes through various initiatives.
The annual Triple F Car Show has become one of the largest hypercar and supercar showcases in the Midwest.
This event successfully raises hundreds of thousands of dollars for the Make-A-Wish Foundation each year.
The family also donates to Nationwide Children’s Hospital and other local organizations in Ohio.
While specific donation amounts aren’t publicly disclosed, their community impact goes beyond just car shows and events.
This philanthropic side shows how Frecka balances wealth accumulation with giving back to causes he cares about.
Personal Life
As of 2025, David Frecka is 71 years old and recently announced his engagement to Kimberlie Glaser of Highland Beach, Florida.
He was previously married to Brenda Frecka, with whom he has four children, including sons Jordan and Jason, who co-own the Triple F Collection.
The Frecka family maintains homes in both Ohio and Florida, with David splitting his time between Columbus and his new Manalapan estate.
His business success story shows the potential of entrepreneurship in specialized manufacturing sectors.
Despite his wealth, Frecka has maintained connections to his business roots while expanding into new ventures and interests.
His recent real estate purchase and engagement show he’s starting a new chapter while enjoying the rewards of his business success.
Conclusion
David Frecka’s net worth of $60 million represents decades of work in the challenging plastics manufacturing industry.
His wealth is now spread across real estate, cars, and likely various investments following the 2019 merger of his company.
While not a billionaire, his success story shows how building expertise in a specific industry can create significant wealth.
His spending patterns—from the $49 million Florida mansion to his sons’ car collection—reflect the lifestyle his business success has enabled.
As he begins a new personal chapter with his engagement, Frecka’s net worth will likely continue to fund both his lifestyle and his giving.
For business enthusiasts and wealth watchers, David Frecka offers an interesting case study in entrepreneurship, industry expertise, and wealth management.
