Kenneth Feinberg is an American attorney who is specialized in mediation and alternative dispute resolution. He is best known for serving as the U. S government’s Special Master of the September 11th Victim Compensation Fund. As of 2021, Kenneth Feinberg net worth is estimated to be around $40 million.
Kenneth Feinberg recently came into notice after Netflix’s movie Worth was released on September 3, 2021. The movie revolves around the story of the struggles faced by the September 11 Victims Compensation Fund (VCF), which was led by Kenneth Feinberg.
|Full Name||Kenneth Roy Feinberg|
|Birth Date||October 23, 1945|
|Birth Place||Brockton, MA, United States|
|Net Worth||$40 million|
Kenneth Feinberg was born on the 23rd of October, 1945 in Brockton, Massachusetts, United States. There is not much information available on his early life and parents. For his University education, he joined the University of Massachusetts-Amherst. He came out holding a Bachelor of Arts degree from the University in 1967.
Then, in 1979, he earned the Juris Doctor degree from the New York University School of Law in the year 1970. His early work experience came as an administrative assistant for the U. S. Senator, Ted Kennedy. He was also the chief of staff for Kennedy. Feinberg has also served as a prosecutor for the U. S. Attorney General.
Kenneth Feinberg Net Worth & Career
Kenneth founded his own firm, The Feinberg Group in 1993. Before founding the firm, he was serving at the Washington Office of the law firm, Kaye Scholer LLP. He was also a founding partner of the law firm. Kenneth has worked as a Court-Appointed Special Settlement Master in some important cases like Asbestos Personal Injury Litigation, Agent Orange Product Liability litigation, and DES cases.
Feinberg was appointed as a Special Master of the September 11th Victim Compensation Fund post-September 11 attack. He served in the fund for 33 months where he worked on evaluating applications, developing regulations, disseminating awards, and determining appropriate compensation.
Feinberg was likewise appointed by the United States Department of Justice to oversee the victims of State Sponsored Terrorism Fund in March 2016. Before that in 2013, he played a major role in distributing $7.7 million with the help of the Newtown-Sandy Hook Community Foundation.
Kenneth became a central part of attraction after Netflix released their new movie “Worth” on September 3, 2021. The story of the movie is based on the aftermath of the 9/11 attacks, and the struggles of VCF in allocating financial resources to victims of the attacks.
Kenneth was the in-charge of making the right calculation on how much each family would get, and in the end, he came with the decision to distribute the sums based on the anticipated life earnings of a particular injured or slain person.
At first, his idea seemed logical but later, he along with the VCF faced prime criticism for calculating a person’s life in monetary terms. It seemed impractical to measure a person’s life in monetary terms. The difficult assumptions and questions of Feinberg finally drew the attention of the director, Sara Colangelo, who ended up directing a movie titled “Worth”.
Kenneth Feinberg Personal Life
Kenneth Feinberg is a married man who tied the knot with a lady named Diane Shaff. He has three children with his wife, Diane. Likewise, he is the grandfather of his four grandkids. He has not shared much on his personal life.
Kenneth Feinberg Net Worth
As of 2021, Kenneth Feinberg’s personal wealth is estimated to be around $40 million. He reportedly owns a stake in his law firm, two houses, and dozens of investments in other areas. According to reports, his estimated net worth falls between $11 million to $37 million.
Kenneth also owns a house in Bethesda, Maryland, which is worth $1.66 million. Likewise, he owns another vacation house in West Tisbury, Massachusetts, which is worth $1.96 million. Kenneth is also making around $32,200 income from his interest in Strategic Settlement Advisros, Inc.
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