Dave Allen Net Worth 2025: The Surprising Truth Behind His Fortune

David Allen has built a net worth of $2.68 million, earning his place among successful business figures. His financial portfolio includes stakes in five companies, with notable investments in Charlie's Holdings Inc (CHUC), MariMed Inc (MRMD), and StableX Technologies Inc (SBLX).

The name David Allen belongs to several public figures, which needs clarification. Dave Allen, the UK boxer nicknamed "White Rhino," has amassed $1.8 million from his boxing career and sponsorship deals. This piece focuses on David R. Allen, who made his mark as an investor and company director.

The numbers tell an interesting story about Allen's wealth growth. His most substantial move came in 2021 when he invested $24,000 to acquire over 30 million shares. The year 2024 saw him sell 75,000 shares, though interestingly the trade showed a value of $0.00. These financial moves help us understand his current wealth status and point to possible changes in his net worth by 2025.

David Allen Net Worth in 2025: The Official Estimate

David R Allen's net worth stands at $2.68 million in 2025. This number comes from his smart investments and leadership roles in several companies. He has spread his money around instead of putting all his eggs in one basket.

How much is David Allen worth today?

Allen's wealth comes from his shares in five different companies. His roles as CFO, director, and executive in these organizations have helped build his wealth. Here's where he owns stakes:

• Converted Organics Inc.
• MariMed Inc. (MRMD)
• Charlie's Holdings, Inc. (CHUC)
• WPCS International Inc.
• Iconic Brands, Inc.

Allen serves as the CFO and Secretary of Charlie's Holdings Inc. and sits on the board at MariMed Inc.. He's also the Chief Financial Officer at StableX Technologies Inc., Finjan Holdings Inc., and Iconic Brands Inc. These leadership positions have played a big part in building his current net worth.

You should know that another person named C. David Allen, Jr. owns stocks worth about $420,900 as of August 2025. This shows why we need to be careful about mixing up people with similar names when looking at wealth figures.

Some reports link David Allen to FiEE Inc. as a director, but a deeper look at his finances shows his wealth mainly comes from the five companies listed above. This difference shows how hard it can be to track wealthy people who share common names and work in multiple businesses.

What changed in his net worth from 2024 to 2025?

Allen's wealth took an interesting turn from 2024 to 2025. He sold 75,000 shares in 2024. The strange part? The reported trade value showed up as $0.00. This unusual number makes us wonder about these deals and how they affected his total worth.

His various corporate roles have kept his wealth steady through 2025, staying at $2.68 million. His insider trading activity tells an interesting story too. Recent SEC filings show that Charlie's Holdings Inc. (CHUC) insiders bought 1,294,723 shares while MariMed Inc. (MRMD) insiders sold 90,236 shares over 18 months.

Allen's portfolio shows he knows how to balance keeping his current positions while selling when the time is right. The 2024 share sale might look like he's reducing his holdings, but his steady net worth suggests he made up for it through other means – maybe grants, higher pay, or his remaining shares going up in value.

His money moves in 2025 show how he manages his wealth – keeping his executive jobs while adjusting his ownership based on what's happening in the market.

Who is David Allen? Roles, Background, and Public Identity

David Allen's identity helps us place in context his net worth figures and career success. Several prominent individuals share the name "David Allen," so we need to distinguish which David Allen we're getting into when discussing wealth and career milestones.

CFO, Director, and Investor: A multi-faceted profile

Our analysis focuses on David Ronald Allen, a veteran executive with exceptional experience in corporate finance. His career shows a clear pattern of leadership roles in many organizations. He has served as Chief Financial Officer and company director throughout his professional journey.

David Ronald Allen started his notable career as the co-founder and Chief Financial Officer of China Voice Holding Corp. His leadership in finance goes well beyond this position, as shown by his involvement in numerous corporate ventures.

The productivity consultant and author David Allen (born December 28, 1945) stands in sharp contrast. He created the time management method "Getting Things Done". This David Allen worked in 35 different professions before turning 35. He started applying his productivity viewpoints with businesses in the 1980s at Lockheed's human resources department.

Mace's current Chief Financial Officer is also named David Allen. He brings over 20 years of experience in the built environment. He worked at Wates Group for almost 7 years, mostly as Chief Executive before joining Mace.

Companies associated with David Allen

David Ronald Allen built connections with several companies throughout his career:

• China Voice Holding Corp – co-founder and former CFO
• Voice One Corp – helped reconstitute former subsidiaries of China Voice
• Development Capital Associates Joint Venture
• Lucrative Enterprises, Corp.
• Silver Summit Holdings, LLC
• Sleeping Bear, LLC
• Synergetic Solutions LLC
• Townhome Communities Corp.

These connections shaped his financial portfolio and career path. His business ventures show entrepreneurial activities in multiple sectors.

Public records and SEC filings

SEC filings reveal crucial details about David Ronald Allen's financial activities. The SEC filed an emergency action in April 2011. They alleged that Allen and his associates created a Ponzi scheme to raise at least $8.60 million from investors nationwide.

The SEC's complaint stated that Allen and his associates promised investors 25 percent returns on investments. All the same, Allen allegedly used investor funds to repay earlier investors and directed money to China Voice and other companies he controlled.

The SEC alleged that Allen and his associates ramped up their offerings to maintain steady investor proceeds. The Commission filed an amended complaint on June 20, 2011. They charged Allen with rebuilding former China Voice subsidiaries at Voice One Corp without telling investors.

Legal actions included asset freezes and charges for violating multiple sections of the Securities Act of 1933 and the Securities Exchange Act of 1934. The SEC wanted permanent injunctions, disgorgement, prejudgment interest, financial penalties, penny stock bars, and officer and director bars against Allen.

These records provide essential background information about Allen's complex financial history and current business involvement.

Insider Trading History: A Timeline of Key Transactions

A close look at David Allen's insider trading activity shows strategic patterns that helped build his portfolio value. His well-timed stock moves across companies paint a picture of an investor with sharp market sense and calculated decisions.

Most active years for buying and selling

David R. Allen's trading records show clear peaks at specific times. 2015 stands out as his most prolific acquisition year with three recorded transactions. Allen expanded his holdings across multiple companies and focused his buying in March. This timing points to a seasonal element in his investment approach.

2024 became Allen's biggest year to sell shares, which included his largest recorded stock sale. He tends to sell shares in May, which suggests he reviews his portfolio after Q1 earnings reports come out. This shows how methodically Allen reallocates his capital.

SEC records of other people named David Allen tell a different story. David T. Allen's records show 2023 as his busiest year with five total trades (two buys and three sells). This difference matters when we calculate David R. Allen's net worth.

Largest single-year acquisitions

Allen's biggest portfolio expansion happened in 2021 when he put $24,000 into buying 30,100,000 shares. This massive purchase, along with his executive roles, laid the groundwork to estimate his current net worth. The high share count compared to the investment suggests he either bought penny stocks or received shares through executive compensation.

Allen's buying strategy focuses on taking big positions in emerging companies rather than small stakes in older firms. His trading history shows he prefers to build ownership positions that complement his management roles.

Notable disposal events and their effect

Allen made his biggest sale in 2024, letting go of 75,000 shares. The reported value was $0.00. This unusual price might mean he transferred shares instead of selling them, possibly to restructure his holdings or plan his taxes better.

Allen's trading shows more sophistication than simple market timing. Another executive, C. David Allen (a different person), bought 11,500 BGSF shares for $75,900 on May 30, showing faith in that company's future.

Insider transactions often give clues about a company's outlook. A fund manager points out that while many insider trades don't predict stock movement, certain patterns – like major selling after price drops – can warn investors of trouble ahead.

These strategic trades have directly built up David Allen's current net worth. Each move represents a careful step in growing his wealth.

Company-Wise Breakdown of Holdings and Trades

David Allen built his wealth through smart investments and leadership roles in several companies. His portfolio shows a net worth of $2.68 million from his executive positions in multiple corporations. Let's head over to his company-wise investments and roles.

Converted Organics Inc.

Allen started his journey with Converted Organics in 2007 as Chief Financial Officer and Executive Vice President of Administration. He worked at this food waste to organic fertilizer conversion company from June 2006 to June 2013.

His stock transactions included several share purchases. The most important acquisition happened in April 2011 with a grant of 710,420 shares. Before this role, he chaired the audit committee on the board.

MariMed Inc.

MariMed Inc. (OTCQB: MRMD) welcomed Allen to its board in June 2019 as Chair of the Audit Committee. He brought 22 years of unique experience as a Director, CEO, and CFO of public companies. His stock activities show that in June 2025, he converted 75,000 Restricted Stock Units to common stock.

These RSUs came from his original grant in June 2024 and reached full vesting in June 2025. Allen owned 299,755 shares of MariMed after this transaction.

Charlie's Holdings Inc.

Allen moved from his CFO and Secretary position at Charlie's Holdings to the Board of Directors in May 2021. The core team benefited from his work to strengthen the company's finances, including a $3 million capital raise. His biggest stock purchase happened in March 2021 with 30 million shares for $24,000.

WPCS International Inc.

WPCS International, a design-build engineering firm specializing in wireless networks, had Allen as their Chief Financial Officer from December 2014 to January 2018. The company granted him several stock awards. He received 500,000 shares in October 2015 and 175,000 more shares in May 2017.

Iconic Brands Inc.

Allen's time at Iconic Brands started as CFO from September 2018 to May 2019. He came back as CFO in July 2021 and received 450,000 shares in October 2021. The company ended up facing financial difficulties, and creditors filed for bankruptcy protection in October 2023.

StableX Technologies Inc.

Allen currently serves as Chief Financial Officer at StableX Technologies. This role adds to his diverse portfolio that spans technology, cannabis, communications, and beverage industries.

Patterns, Trends, and What They Reveal About His Wealth

David Allen's calculated investment decisions have built his $2.68 million net worth through strategic patterns. His wealth accumulation approach goes beyond simple market timing and shows remarkable sophistication.

Buying low, selling high: A consistent strategy?

Allen's investment approach depends on quantitative analysis rather than traditional market timing. He spent 15 years at JPMorgan London researching long-short models before joining Plato in 2018. His sophisticated "red flags" system reviews thousands of companies daily.

"Eight or more red flags on a stock and on average, it underperforms the benchmark by 20 per cent over the next 12 months".

Grants vs. purchases: Which contributed more?

Stock grants have substantially exceeded direct purchases in Allen's wealth creation. His largest holdings came through grants rather than cash investments. He received 710,420 shares of Converted Organics in April 2011. Another major grant brought him 500,000 WPCS International shares in October 2015.

How insider roles influenced his financial growth

Allen's executive positions gave him access to compensation packages beyond ordinary investors' reach. His wealth grew through stock-based compensation instead of traditional salary. Plato Global Alpha Fund's manager David Allen (different individual) showed returns of 21.0% annually after fees since inception.

This success proves how insider knowledge combined with quantitative analysis creates powerful wealth-building advantages.

Conclusion

David Allen's net worth reaches $2.68 million in early 2025. He built this wealth through executive positions rather than traditional investments. Allen showed a calculated approach to wealth building and leveraged his roles as CFO and director in a variety of companies to secure substantial compensation packages.

Without doubt, Allen made his most important financial moves in 2021. He acquired over 30 million shares for just $24,000. This massive acquisition became the life-blood of his current wealth estimation. His 2024 disposal of 75,000 shares with a $0.00 reported value points to sophisticated financial maneuvering beyond simple market transactions.

Many investors focus their holdings in one industry, but Allen diversified in multiple sectors. His portfolio includes companies like Charlie's Holdings, MariMed, and StableX Technologies. This strategy created a balanced financial foundation that resists sector-specific downturns.

Stock grants, more than direct purchases, built Allen's wealth. His executive positions gave him access to compensation packages with significant equity components. This allowed wealth accumulation through corporate advancement instead of market speculation.

Allen's net worth should remain stable heading into 2025, unless he makes another major acquisition like his 2021 play. Even so, his proven pattern of strategic portfolio management suggests continued calculated adjustments based on market conditions and corporate opportunities.

Allen's wealth-building experience shows how corporate leadership positions can create significant personal net worth. His approach highlights the value of executive roles, strategic timing, and portfolio diversification as paths to financial success beyond traditional investment methods.

FAQs

Q1. What is David Allen's estimated net worth in 2025?

David Allen's net worth is estimated to be $2.68 million in 2025, primarily built through his strategic executive positions and stock-based compensation across multiple companies.

Q2. How did David Allen accumulate his wealth?

Allen accumulated his wealth through a combination of executive roles, strategic stock acquisitions, and grants. His largest acquisition occurred in 2021 when he invested $24,000 to acquire over 30 million shares in a single company.

Q3. In which companies does David Allen hold significant positions?

David Allen holds or has held significant positions in several companies, including Charlie's Holdings Inc., MariMed Inc., Converted Organics Inc., WPCS International Inc., and Iconic Brands Inc.

Q4. What is David Allen's investment strategy?

Allen's investment strategy involves diversifying his portfolio across multiple sectors, leveraging his executive positions for stock-based compensation, and making strategic acquisitions. He also employs a sophisticated "red flags" system for evaluating companies.

Q5. How does David Allen's wealth compare to other executives with similar names?

While David Allen's net worth is estimated at $2.68 million, it's important to note that there are other executives with similar names who have different financial profiles. For example, C. David Allen, Jr. reportedly held stocks worth approximately $420,900 as of August 2025.