Steve Feinberg Biography
Stephen Andrew Feinberg (born March 29, 1960) is an American businessman and investor, who is active in hedge fund management and private equity. He is known for turning around struggling businesses and making them profitable. He is co-founder and chief executive officer (CEO) of Cerberus Capital Management. As of March 2019, his net worth is US$1.5 billion. In 2017 Cerberus also owned DynCorp, which is a major national security contractor with the US government, charging billions for overseas military and police training. On May 11, 2018, U.S. President Donald Trump named Feinberg to head the President’s Intelligence Advisory Board.
Steve Feinberg is a famous Financier, who was born on March 29, 1960 in United States.
According to Astrologers, Steve Feinberg zodiac sign is Aries
After graduating from college, Feinberg worked as a trader at Drexel Burnham in 1982 and later at Gruntal & Co..
Steve Feinberg Net Worth
Steve Feinberg is one of the richest Financier. Steve Feinberg is listed on Richest Financier. According to our analysis, Wikipedia, Forbes & Business Insider, Steve Feinberg net worth is approximately 1.7 billion USD (2020).
|Steve Feinberg Net Worth & Salary|
|Net Worth||1.7 billion USD (2020)|
|Source of Wealth||Financier|
|House||Living in own house.|
Feinberg has been described as “secretive” in The New York Times. In 2007, Feinberg told Cerberus shareholders, “If anyone at Cerberus has his picture in the paper and a picture of his apartment, we will do more than fire that person. We will kill him. The jail sentence will be worth it.”
Feinberg reportedly made $50 million in 2004. His lifestyle is less extravagant than his peers in private equity. He splits time between his homes on Manhattan’s Upper East Side and Greenwich, Connecticut with his wife Gisela (née Sanchez).
Steve Feinberg HeightSteve Feinberg's height Not available right now. weight Unknown & body measurements will update soon.
|Height & Physical Stats|
|Body Measurements||Under Review|
|Eye Color||Not Available|
|Hair Color||Not Available|
|Feet/Shoe Size||Not Available|
Feinberg was born to an Jewish family and raised in The Bronx, New York. When aged eight, his family moved to Spring Valley, New York, a suburb of New York City. His father was a steel salesman. He attended Princeton University and graduated with a degree in politics in 1982. While there, he captained the tennis team and joined the Reserve Officers’ Training Corps.
Feinberg is a major Republican donor. In 2016, he served on the Trump Economic Advisory Council during Donald Trump’s presidential campaign, donated nearly $1.5 million to pro-Trump PACs, and co-hosted a $50,000 per person Republican National Committee and Trump fundraising dinner alongside other financiers. In February 2017, the New York Times reported that President Trump will assign Feinberg a role in the White House leading a review of the US intelligence agencies.
Who is Steve Feinberg dating?
According to our records, Steve Feinberg is possibily single & has not been previously engaged. As of June 2021, Steve Feinberg’s is not dating anyone.
We have no records of past relationships for Steve Feinberg. You may help us to build the dating records!
Facts & Trivia
Ranked on the list of most popular Financier. Also ranked in the elit list of famous celebrity born in United States.
In 1992, at the age of 32, Feinberg co-founded Cerberus Capital Management with William L. Richter. At the time the firm had $10 million under management; its assets under management have since grown to over $30 billion in 2016. In 1999, the firm hired former vice president Dan Quayle as a chairman of Cerberus Global Investment. In 2006, the firm hired former United States Secretary of the Treasury John Snow, who serves as a chairman of Cerberus.
Feinberg has been critical about the pay received by private equity executives, stating, “In general, I think that all of us are way overpaid in this business. It is almost embarrassing.” He has also noted in comments made in 2011 that smaller private equity fund sizes may be better for investor returns: “If your goal is to maximize your return as opposed to assets under management, I think you can be most effective with a big company infrastructure and a little bit smaller fund size.”
In May 2011, Feinberg stated that he believed residential mortgage-backed securities may present “a real opportunity for continued investment for quite a period of time” and that there were opportunities in buying assets from European banks.