Founded in 1976, David Weekley Homes has been a family-owned construction company that designs and builds new homes in Houston, Texas and Wesley Chapel, Florida. They are also the largest privately-owned homebuilder in the United States. In addition to building single-family homes, they develop shopping centers. David Weekley Homes is named on the FORTUNE magazine “100 Best Companies to Work For” list fifteen times.
In 1990, David Weekley founded the David Weekley Family Foundation. The foundation works to support projects across the state of Texas. Last year, the foundation made 104 grants. The foundation vets grantees and monitors their progress. The foundation also incurs administrative costs. The foundation’s board consists of six members. The foundation is active in Trees for Houston, DePelchin Children’s Center and Park People. In addition, the foundation is a member of the Quality of Life Coalition of Houston.
The founder of Weekley Properties, Richard Weekley, has been in the Houston real estate industry since 1971. He served as an officer in the United States Navy and the USS Philip. He is a member of the Greater Houston Partnership, the Board of the Federal Reserve Bank of Dallas (Houston Branch) and the Executive Committee of the Governor’s Business Council. He is married to Margaret Neuhaus Weekley. They have three children.
David Weekley’s net worth has not changed since he started the company in 1976. He has pledged to give away most of his fortune while he is still alive. In 2018, he was inducted into the Texas Business Hall of Fame. In addition, he has been named an Ernst & Young Entrepreneur of the Year. He has also received hundreds of awards.
When oil and gas went bust in 1984, more than 100,000 people lost their jobs. In response, David Johnson purchased a bankrupt Dallas builder and began to expand his business. He ran ads that said, “We’ve Seen the Light” and gave out sunglasses to visitors. He believed design was important and that the company could compete with national companies.
With his unique design style, Dallas homebuyers were wowed. He was a third-generation homebuilder. His company expanded into other markets and he was promoted to Chairman and President. In 2005, the company had sales volume of more than $1 million.
He is a member of the World Leadership Forum’s Hall of Fame. He has been featured in many national magazines and television shows. In addition, he has donated to charities such as Boy Scouts of America and Baylor College of Medicine. His wife, Bonnie, has been by his side for 45 years. They have seven grandchildren.
In 2018, David Weekley’s mission extends to all employees. Weekley’s team members are always raising money for worthwhile causes. They have donated to the University of Houston, the Boys and Girls Club of Houston, the Boy Scouts of America, the College of Biblical Studies-Houston and the Baylor College of Medicine.
David Weekley has built more than 80,000 homes and continues to promote philanthropy. He has signed the Giving Pledge, which was started by Bill Gates and Warren Buffett. He has also pledged to give half of his personal income to charities.