Rank #855
Stephen Feinberg
Net worth $5.0B
Private equity · United States
- Born
- Mar 29, 1960
- Age
- 66
- Source
- Private equity
- Residence
- New York, New York
- Citizenship
- United States
- Marital status
- Married
- Children
- 3
- Education
- Bachelor of Arts/Science, Princeton University
Net worth over time
Biography
- Stephen Feinberg cofounded private equity firm Cerberus Capital Management in 1992.
- Under Feinberg's leadership, Cerberus has generated some excellent returns, and some abysmal PR.
- The firm attracted negative attention in 2013 for its stake in Freedom Group, which manufactured the rifle used in the Sandy Hook massacre.
- Cerberus has recently achieved more success with its investment in grocery chain Albertsons and its global real estate funds.
- Feinberg was sworn in as President Trump's deputy secretary of defense in March 2025.