About: Aaron Feuerstein   Goto Sponge  NotDistinct  Permalink

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Aaron Feuerstein (born December 11, 1925) is a businessman, philanthropist, and was the third-generation owner and CEO of Malden Mills in Lawrence, Massachusetts.When the Malden Mills factory burnt down on December 11, 1995, Feuerstein decided not only to use his insurance money to rebuild it, but to also pay the salaries of all the now-unemployed workers while it was being rebuilt. Feuerstein spent millions keeping all 3,000 employees on the payroll with full benefits for 6 months.

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  • Aaron Feuerstein (born December 11, 1925) is a businessman, philanthropist, and was the third-generation owner and CEO of Malden Mills in Lawrence, Massachusetts.When the Malden Mills factory burnt down on December 11, 1995, Feuerstein decided not only to use his insurance money to rebuild it, but to also pay the salaries of all the now-unemployed workers while it was being rebuilt. Feuerstein spent millions keeping all 3,000 employees on the payroll with full benefits for 6 months.
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  • Aaron Feuerstein
  • Feuerstein, Aaron
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  • American businessman
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