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Kenneth Feld – Billionaire

Kenneth Jeffrey Feld (born 1948 in Washington, DC) is the CEO of Feld Entertainment, which has operated the Ringling Bros. and Barnum & Bailey Circus, Disney on Ice, Doodlebops Live, Disney Live, Monster Jam, International Hot Rod Association, and AMA Supercross Championship. He is also the producer of several Broadway plays. The business was started by his father Irvin Feld who also promoted Beatles concerts, and Ken became CEO upon his father’s death in 1984.

Biography

Feld is the son of Adele and Irvin Feld. He graduated from the Boston University School of Management in 1970 with a management degree (Feld is currently a member of the BU Board of Trustees). According to a 2004 article in Forbes magazine, he was worth $775 million and lives in Potomac, Maryland. His mother committed suicide in 1958 so he and his sister Karen were raised by their aunt and uncle.

Disney Studio co-produced “Largely New York” with Feld that premiered on May 1, 1989 at St. James Theatre.

In July 2006, he was inducted into the International Circus Hall of Fame.

Clair George has testified in court that he worked as a consultant for Kenneth Feld and the Ringling Brothers and Barnum & Bailey Circus. From 1990 to 1997, he was involved in a program of surveillance, which included wiretapping, directed against Janice Pottker, a journalist who had written about the Feld family, and of various animal rights groups such as PETA and the Performing Animal Welfare Society (PAWS).

In January, 2014 Forbes reported that Feld had become a billionaire. The magazine estimated his stake in the company to be conservatively worth about $1.8 billion after running price-to-sales comparisons with comparable companies. Feld is the world’s second circus industry billionaire after Cirque du Soleil’s Guy Laliberte, whose net worth Forbes also estimated to be $1.8 billion. In 2009, the Feld Family Foundation pledged $10 million to Boston University.

Kenneth Feld
Born 1948 (age 68–69)
Nationality United States
Education B.A. Boston University
Occupation Businessman
Known for Owner of Ringling Bros. and Barnum & Bailey Circus
Net worth Increase US$ 1.8 billion (August 2014)
Spouse(s) Bonnie Turen Feld
Children Nicole Feld
Alana Feld
Juliette Feld
Parent(s) Adele Feld
Irvin Feld
Relatives Karen Irma Feld (sister)
Israel Feld (uncle)

Kenneth Feld and Family Net Worth:Kenneth Feld is an American entrepreneur who has a net worth of $1.8 billion together with his family. The Felds own and run Feld Entertainment, one of the largest live entertainment companies in the world. Actually, it’s the parent company of such popular entertainment brands as Ringling Bros. and Barnum & Bailey circus, Disney On Ice and Monster Jam truck shows, Feld Entertainment. As of 2012, they all made $1 billion in revenues. Ringling Bros, originally acquired by his father Irvin for $8 million, was later sold by Irvin and his brother Ken for $50 million. However, they bought it back once again for an estimated $23 million. While Ken was the one to fill in their father’s shoes after he died from a heart attack in 1984, Feld still serves as chairman and CEO of the empire that that puts on some 5,000 shows annually for 30 million people worldwide.

Source:

  1. wikipedia
  2. celebritynetworth

 

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