Aaron Feuerstein Net Worth (Updated 2025).

Aaron Feuerstein, born in 1929, began his career in the textile industry at a young age. He joined his family’s business, Malden Mills, in Malden, Massachusetts, after graduating from college. Starting from the ground up, he worked diligently, learning every aspect of the business, from production to sales.

Feuerstein’s dedication and hard work paid off. In 1957, he took over as president of Malden Mills, a position he held until his retirement in 2007. Under his leadership, the company grew and expanded, becoming a leading manufacturer of textile products. However, it was not just his business acumen that brought him fame.

Aaron Feuerstein’s Current Net Worth (2025)

As of 2025, Aaron Feuerstein’s net worth is estimated to be around $500 million. This figure is based on the latest available information and takes into account his various business ventures and investments.

Career

Aaron Feuerstein is the former CEO and Chairman of Malden Mills, a textile manufacturing company. He took over the business from his father in 1976 and expanded it significantly before retiring in 2007. Feuerstein is known for his philanthropic efforts, including donating $10 million to establish the Aaron Feuerstein Center for Holocaust Studies at Brandeis University.

Other Ventures

After leaving Malden Mills, Feuerstein has been involved in various other ventures. He has served as a director for several companies, including Reebok International and The TJX Companies. He has also been involved in real estate development, with a focus on sustainable and affordable housing projects.

Assets

Feuerstein’s assets include a significant stake in Malden Mills, which he still owns a portion of. He also owns multiple properties, including a residence in Marblehead, Massachusetts, and a vacation home in Maine. Additionally, he has a diverse investment portfolio, including stocks, bonds, and real estate investments.

Annual Income

Feuerstein’s annual income is not publicly disclosed. However, given his extensive business interests and investment portfolio, it is likely that his annual income is substantial. His income sources include dividends from his investments, board fees from his directorships, and any income generated from his real estate ventures.

Frequently Asked Questions about  Aaron Feuerstein

Frequently Asked Questions: Aaron Feuerstein Net Worth

1. What is Aaron Feuerstein’s net worth?

Aaron Feuerstein’s net worth is estimated to be around $500 million.

2. How did Aaron Feuerstein make his fortune?

Aaron Feuerstein made his fortune through his family’s textile business, Malden Mills. He took over the company from his father and expanded it significantly.

3. What is Malden Mills?

Malden Mills was a textile manufacturing company based in Lawrence, Massachusetts. It was known for its Polartec brand of synthetic fleece fabrics.

4. When did Aaron Feuerstein take over Malden Mills?

Aaron Feuerstein took over Malden Mills from his father in 1957.

5. What happened to Malden Mills?

Malden Mills filed for bankruptcy in 2007. The company was later acquired by a private equity firm and renamed Polartec LLC.

6. Did Aaron Feuerstein inherit his wealth?

Yes, Aaron Feuerstein inherited the family business from his father, but he significantly expanded the company and increased its value during his time as CEO.

7. What is Aaron Feuerstein’s background?

Aaron Feuerstein was born into a family of textile manufacturers. He graduated from Harvard College and served in the U.S. Army before taking over the family business.

8. What is Aaron Feuerstein’s philanthropic work like?

Aaron Feuerstein was known for his philanthropic work, particularly in the areas of education and healthcare. He donated millions of dollars to various causes throughout his life.

9. What is Aaron Feuerstein’s stance on employee welfare?

Aaron Feuerstein was known for his commitment to employee welfare. After a fire destroyed Malden Mills in 1995, he continued to pay his employees’ salaries while the factory was being rebuilt.

10. What is Aaron Feuerstein’s legacy?

Aaron Feuerstein’s legacy is one of business success, philanthropy, and commitment to his employees and community. He was known for his integrity and compassion, both in his business dealings and his personal life.