Kenneth Feinberg, a well-known attorney originally from the United States, has a net worth of $40 million. He specializes in mediation and alternative dispute resolution. Previously, he has worked on the US government’s various projects. His full name is Kenneth Roy Feinberg.
How Rich Is Kenneth Feinberg?
Kenneth Feinburg’s net worth is around $40 million. The amount of net worth he has is huge. Thus, he is counted as one of the wealthiest mediation attorneys available.
|Net Worth:||$40 Million|
|Name:||Kenneth Roy Feinberg|
|Income:||$500K (per year)|
Wealth Growth by Years
As an experienced and successful mediation attorney, he has earned an enormous amount of capital throughout the years. Let’s take a look at his recent estimated net worth growth.
|Net Worth in 2023||$40 Million|
|Net Worth in 2022||$35 Million|
|Net Worth in 2021||$33 Million|
|Net Worth in 2020||$25 Million|
|Net Worth in 2019||$17 Million|
Kenneth Feinberg Short Biography
Kenneth Feinberg was born in 1945 in his hometown Brockton, Massachusetts, United States. He celebrates his birthday on 23rd October. In addition, Feinberg is around 78 years old in 2023.
From childhood, he is very intelligent and adorable to his parents. Sad to say that there isn’t much information about his parents in the media. His well-wishers still get confused about whether he has any siblings or not.
Talking about education, he completed his primary education at a local private school. Later, he attended the University of Massachusetts Amherst in 1963. In 1967, he completed his Bachelor’s degree from UMass Amherst.
A few years later, he received a Juris Doctor degree from the New York University School of Law in 1979.
Kenneth Feinberg is married to his wife, named Diane Shaff. The gentleman has welcomed three children with his wife, Diane Shaff. In addition, he has four grandchildren.
Soon after completing his higher studies, he was appointed as an administrative assistant for Senator, Ted Kennedy.
Kenneth Feinberg has recently risen to popularity, after Netflix released its movie “Worth” on September 3, 2021. The plot of the film revolves around the aftermath of the 9/11 attacks, when the Victim Compensation Fund, or VCF team, was struggling to allocate the appropriate financial resources to the victims and their families.
As a mediation lawyer, Kenneth was appointed to make the right decision in calculating how many financial resources each victim and the victim’s family will get. However, he was able to find a way to distribute the capital based on the estimated life earnings of the victim. though the decision was controversial back then.
Feinberg was appointed Special Master of the U.S. government’s September 11th Victim Compensation Fund and served as the Special Master for TARP Executive Compensation.
Feinberg has also helped various big international companies such as General Motors and Volkswagen. He has helped Volkswagen to oversee the brand’s U.S. compensation of VW diesel owners affected by the Volkswagen emissions scandal.
Similarly, The Boeing Company, famous as a leading manufacturer of commercial jetliners, was appointed to check their distribution of $50 million to support 737 MAX crash victim families.
Moreover, Kenneth Feinberg also serves as a supplementary professor in many well-known law universities, such as the Benjamin N. Cardozo School of Law, Columbia University School of Law, Georgetown University Law Center, University of Pennsylvania Law School, New York University School of Law, and the University of Virginia School of Law.
About Kenneth Feinberg
The table illustrates some lesser-known stats and facts about Kenneth Feinberg.
|Net Worth||$40 Million|
|Name||Kenneth Roy Feinberg|
|Date of Birth||September 3, 1945|
|Birthplace||Brockton, Massachusetts, United States|
|Income||$3 Million (per year)|
Kenneth Feinberg’s Net Worth
As of 2023, Kenneth Feinberg’s net worth is estimated to be $40 million. His annual income is $1 million. Primarily, he earns most of his fortune as a mediation attorney.
Furthermore, he has helped several big organizations reach settlements before going to trial. Throughout his career, he was a successful mediator.
He reportedly has a stake in his law firm, two houses, and a slew of other investments. His net worth is estimated to be between $11 million and $37 million, according to reports.
Kenneth also owns a $1.66 million mansion in Bethesda, Maryland. Similarly, he owns another $1.96 million vacation home in West Tisbury, Massachusetts. Kenneth also earns around $32,200 from his stake in Strategic Settlement Advisers, Inc.