Kenneth Feinberg is an American attorney specializing in mediation and alternative dispute resolution. He is best known for serving as a special manager for the US government’s 9/11 compensation fund. As of 2021, Kenneth Feinberg’s net worth is estimated at approximately $40 million.
Kenneth Feinberg was recently spotted following the September 3, 2021 release of Netflix’s Worth. At the center of the film is the story of the difficulties faced by the 9/11 Compensation Fund (VCF), 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 October 23, 1945 in Brockton, Massachusetts, USA. There is little information about his early life and parents. For higher education, he entered the University of Massachusetts at Amherst. In 1967 he graduated from the university with a Bachelor of Arts degree.
He then received his Juris Doctor from New York University School of Law in 1979. He got his first job experience as an administrative assistant to US Senator Ted Kennedy. He was also Kennedy’s chief of staff. Feinberg also served as an adviser to the US Attorney General.
Kenneth Feinberg Net Worth and Career
Kenneth founded his own law firm, The Feinberg Group, in 1993. Prior to founding the firm, he worked in the Washington office of the law firm Kaye Scholer LLP. He was also one of the founders of the firm. Kenneth has served as a court-appointed Special Settlement Master in a number of high-profile cases such as asbestos-related personal injury litigation, orange product liability litigation, and DES cases.
Feinberg was appointed Special Administrator of the 9/11 Compensation Fund following the 9/11 attacks. He spent 33 months at the Foundation, where he was involved in the evaluation of applications, the development of rules, the distribution of awards and the determination of fair compensation.
In March 2016, the U.S. Department of Justice appointed Feinberg as Secretary of Victim Assistance for the National Terrorism Fund. Prior to that, in 2013, he was instrumental in distributing $7.7 million through the NewtownSandy Hook Community Foundation.
Kenneth became the centerpiece of the attraction after Netflix released his new movie Worth on September 3, 2021. The film’s plot is based on the aftermath of the 9/11 attacks and the VCF’s efforts to provide financial resources to the victims. Attacks.
Kenneth was responsible for correctly calculating how much each family would receive, and ultimately decided on the distribution of funds based on the expected income from the life of a particular injured or killed person.
His idea at first seemed logical, but later he and the VKF were criticized for calculating a person’s life in monetary terms. It seemed impossible to measure a person’s life with money. Feinberg’s difficult assumptions and questions eventually caught the attention of director Sarah Colangelo, who eventually made a film called The Worth.
Personal life of Kenneth Feinberg
Kenneth Feinberg is a married man who married a woman named Diane Schaff. He has three children with his wife Diana. He is also the grandfather of her four grandchildren. He spoke little about his personal life.
Kenneth Feinberg’s fortune
As of 2021, Kenneth Feinberg’s personal fortune is estimated at approximately $40 million. He is said to have stakes in his law firm, two houses and dozens of investments in other areas. His estimated net worth is reported to be between $11 million and $37 million.
Kenneth also owns a $1.66 million home in Bethesda, Maryland. He also owns another vacation home in West Tisbury, Massachusetts, valued at $1.96 million. Kenneth also has about $32,200 in income from his stake in Strategic Settlement Advisros, Inc.