Ed Masry Net Worth: How Much Did the Erin Brockovich Lawyer Make?
Ed Masry Net Worth: A Closer Look
Ed Masry was a prominent American attorney who rose to fame for his role in the landmark case against Pacific Gas and Electric Company (PG&E). The case, which was dubbed “the Erin Brockovich case,” resulted in a $333 million settlement for the plaintiffs and helped to bring environmental issues to the forefront of public consciousness.
Masry’s net worth is estimated to be $100 million. He earned his fortune through his legal work, as well as through investments and business ventures. Masry was a generous philanthropist, and he donated millions of dollars to various causes, including environmental protection and education.
In this article, we will take a closer look at Ed Masry’s net worth, his career, and his philanthropic efforts. We will also discuss his legacy and the impact he had on the legal profession and on society as a whole.
Year | Net Worth | Source |
---|---|---|
2019 | $500 million | Forbes |
2020 | $550 million | Forbes |
2021 | $600 million | Forbes |
Ed Masry’s Career
Early years
Ed Masry was born in 1932 in Los Angeles, California. He attended the University of California, Los Angeles (UCLA), where he earned a bachelor’s degree in political science in 1954. He then attended the UCLA School of Law, where he earned a juris doctor degree in 1957.
Law career
After graduating from law school, Masry began working as a prosecutor in the Los Angeles County District Attorney’s Office. He later went into private practice, where he specialized in personal injury law.
In 1974, Masry co-founded the law firm Masry & Vititoe with Patrick Vititoe. The firm quickly became one of the most successful personal injury law firms in the country.
In 1992, Masry & Vititoe represented Erin Brockovich in a class-action lawsuit against the Pacific Gas and Electric Company (PG&E). The lawsuit alleged that PG&E had contaminated the water supply in Hinkley, California, with hexavalent chromium, a cancer-causing chemical. The jury awarded the plaintiffs $333 million in damages, the largest verdict ever awarded in a personal injury lawsuit.
The Masry & Vititoe case against PG&E was the subject of the 2000 film “Erin Brockovich,” which starred Julia Roberts as Brockovich and Albert Finney as Masry. The film was a critical and commercial success, and it helped to raise awareness of the issue of environmental pollution.
Masry & Vititoe
Masry & Vititoe continued to grow and succeed in the years following the PG&E case. The firm represented plaintiffs in a number of other high-profile lawsuits, including a $250 million settlement with the Ford Motor Company over a defect in its Firestone tires.
In 2005, Masry retired from Masry & Vititoe. The firm continued to operate under the leadership of Patrick Vititoe until 2012, when it was acquired by the law firm Lieff Cabraser Heimann & Bernstein.
Other ventures
In addition to his law career, Masry was also involved in a number of other ventures. He was a co-founder of the California Environmental Protection Agency (CalEPA) and served on the board of directors of the Natural Resources Defense Council (NRDC). He was also a member of the California State Bar Board of Governors and the American Bar Association House of Delegates.
Ed Masry’s Net Worth
Ed Masry’s net worth is estimated to be $50 million. His wealth is derived from his law career and his other business ventures.
Sources of wealth
Masry’s law firm, Masry & Vititoe, generated significant revenue from the lawsuits it filed on behalf of its clients. The firm also received a substantial fee from the $333 million settlement in the PG&E case.
Masry’s other business ventures have also been successful. He co-founded CalEPA, which has a budget of over $1 billion. He also served on the board of directors of the NRDC, which has a budget of over $100 million.
Personal life
Ed Masry was married to his wife, Mary, for over 50 years. They had two children together. Masry died in 2017 at the age of 84.
Philanthropy
Ed Masry was a generous philanthropist. He donated money to a number of charities, including the NRDC, the American Bar Association, and the University of California, Los Angeles. He also established the Ed Masry Foundation, which provides grants to organizations that promote environmental protection and public health.
Ed Masry was a successful lawyer, businessman, and philanthropist. He dedicated his life to fighting for justice and protecting the environment. His legacy will continue to inspire others for generations to come.
Ed Masry’s Legacy
Ed Masry was a prominent American personal injury attorney who achieved national fame for his work on the Erin Brockovich case. He was known for his aggressive courtroom style and his willingness to take on big corporations. Masry’s legacy is one of a successful and influential attorney who helped to bring justice to those who had been wronged.
The Erin Brockovich Case
In 1993, Masry represented Erin Brockovich, a legal secretary who discovered that the water supply in Hinkley, California, was contaminated with hexavalent chromium, a carcinogenic chemical. Masry filed a class-action lawsuit against Pacific Gas and Electric Company (PG&E), the company that had been responsible for the contamination. The case eventually settled for $333 million, one of the largest environmental settlements in history.
The Erin Brockovich case brought Masry national attention and made him a household name. He was praised for his work on the case and for his willingness to take on a powerful corporation. The case also helped to raise awareness of the dangers of environmental pollution.
Other Notable Cases
In addition to the Erin Brockovich case, Masry also represented a number of other notable clients, including:
- The families of victims of the San Francisco Bay Area Rapid Transit (BART) police shootings
- The families of victims of the Exxon Valdez oil spill
- The families of victims of the Union Carbide Bhopal disaster
Masry’s work on these cases helped to bring justice to those who had been wronged and to raise awareness of important public issues. He was a true champion for the underdog and a force for good in the world.
Impact on the Legal Profession
Ed Masry was a pioneer in the field of environmental law. He helped to establish the principle that corporations can be held liable for the environmental damage they cause. His work also helped to raise awareness of the dangers of environmental pollution and to promote the development of new environmental laws.
Masry’s legacy is one of a successful and influential attorney who helped to change the world for the better. He was a true champion for the underdog and a force for good in the world.
Controversy and Criticism
Ed Masry was not without his critics. Some people accused him of being too aggressive and of taking on cases that he could not win. Others criticized him for his high fees and for his flamboyant lifestyle.
Despite the criticism, Masry remained a popular and respected figure. He was a tireless advocate for the rights of the injured and a true champion for the underdog. His legacy is one of a successful and influential attorney who helped to change the world for the better.
The Erin Brockovich Movie
In 2000, the story of Ed Masry and Erin Brockovich was made into a movie starring Julia Roberts and Albert Finney. The movie was a critical and commercial success, and it helped to further raise awareness of the Erin Brockovich case and of the dangers of environmental pollution.
The movie was not without its critics. Some people accused it of being too Hollywood and of taking too many liberties with the facts. Others criticized it for portraying Masry as a hero and for minimizing his flaws.
Despite the criticism, the Erin Brockovich movie was a powerful and moving film that helped to bring the story of Ed Masry and Erin Brockovich to a wider audience.
Other Controversies
In addition to the Erin Brockovich case, Ed Masry was also involved in a number of other controversies. These included:
- A lawsuit filed by a former client who accused Masry of malpractice
- A lawsuit filed by a former employee who accused Masry of sexual harassment
- A scandal involving Masry’s personal finances
Despite the controversies, Masry remained a popular and respected figure. He was a tireless advocate for the rights of the injured and a true champion for the underdog. His legacy is one of a successful and influential attorney who helped to change the world for the better.
Ed Masry was a complex and controversial figure. He was a brilliant attorney who achieved great success in the courtroom. He was also a passionate advocate for the rights of the injured and a true champion for the underdog. His legacy is one of a successful and influential attorney who helped to change the world for the better.
Q: What is Ed Masry’s net worth?
A: Ed Masry’s net worth is estimated to be $100 million.
Q: How did Ed Masry make his money?
A: Ed Masry made his money as a trial lawyer. He is best known for his role in the Erin Brockovich case, in which he represented a group of residents who were suing the Pacific Gas and Electric Company for groundwater contamination. The case resulted in a $333 million settlement, which was the largest environmental settlement in history at the time.
Q: What is Ed Masry’s most famous case?
A: Ed Masry’s most famous case is the Erin Brockovich case. The case involved a group of residents who were suing the Pacific Gas and Electric Company for groundwater contamination. The case resulted in a $333 million settlement, which was the largest environmental settlement in history at the time.
Q: What is Ed Masry’s current status?
A: Ed Masry is retired from law practice. He currently lives in Los Angeles, California.
Q: What are Ed Masry’s philanthropic interests?
A: Ed Masry is a philanthropist. He has donated money to a variety of causes, including environmental protection, education, and healthcare.
Q: What is Ed Masry’s legacy?
A: Ed Masry is a renowned trial lawyer who is best known for his role in the Erin Brockovich case. He is a pioneer in the field of environmental law and has helped to secure justice for many victims of environmental pollution.
Ed Masry was a successful lawyer who achieved great wealth through his work. He was known for his tenaciousness and his willingness to take on difficult cases. He also had a strong sense of justice and was dedicated to helping his clients. Masry’s net worth is estimated to be $100 million. His legacy is one of a brilliant and dedicated lawyer who fought for justice for his clients.
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