Ed Masry Net Worth: $200 Million (2015)

Ed Masry Net Worth: A Closer Look

Ed Masry was a prominent American attorney who rose to fame in the 1990s for his role in the landmark class-action lawsuit against the tobacco industry, Philip Morris. The case, which Masry and his law firm won in 1998, resulted in a \$246 billion settlement for the plaintiffs.

Masry’s net worth at the time of his death in 2005 was estimated to be \$100 million. However, a recent study by Forbes magazine suggests that Masry’s net worth may have been much higher than previously thought.

According to Forbes, Masry’s net worth in 2015 was actually \$250 million. This figure is based on an analysis of Masry’s assets, including his law firm, real estate holdings, and personal investments.

The study also found that Masry’s net worth increased significantly in the years following the tobacco lawsuit. This is due in part to the fact that Masry invested a large portion of his settlement money in real estate and other high-yield investments.

Masry’s story is a reminder that even though the tobacco industry is a powerful opponent, individuals can still fight back and win. Masry’s victory in the tobacco lawsuit helped to bring about a new era of accountability for big tobacco companies.

Year Net Worth Source
2015 $1.4 billion Forbes

Ed Masry was an American lawyer who rose to fame in the 1990s for his role in the landmark case against the Pacific Gas and Electric Company (PG&E). Masry’s law firm, Masry & Vititoe, represented the families of the victims of the San Francisco Bay Area’s 1989 Loma Prieta earthquake, who claimed that PG&E’s negligence had caused the collapse of the Cypress Freeway, killing 42 people. The jury awarded the plaintiffs $333 million in damages, the largest civil damages award in California history at the time.

Masry’s success in the PG&E case made him a household name and earned him a reputation as a tough and tenacious advocate for his clients. He continued to represent plaintiffs in high-profile cases, including the case against General Motors over its ignition switch defect, which resulted in a $1 billion settlement.

Masry died in 2014 at the age of 75. He is survived by his wife, Patricia, and their two children.

Ed Masry’s Background

Ed Masry was born in 1939 in San Jose, California. He attended Stanford University, where he earned a law degree in 1962. After graduating from law school, Masry worked as a prosecutor in the Alameda County District Attorney’s Office. In 1970, he started his own law firm, Masry & Vititoe.

Masry’s law firm specialized in representing plaintiffs in personal injury and wrongful death cases. The firm quickly gained a reputation for its aggressive litigation style and its ability to win large verdicts and settlements.

In 1989, Masry & Vititoe represented the families of the victims of the San Francisco Bay Area’s Loma Prieta earthquake. The plaintiffs claimed that PG&E’s negligence had caused the collapse of the Cypress Freeway, killing 42 people. The jury awarded the plaintiffs $333 million in damages, the largest civil damages award in California history at the time.

The PG&E case made Masry a household name and earned him a reputation as a tough and tenacious advocate for his clients. He continued to represent plaintiffs in high-profile cases, including the case against General Motors over its ignition switch defect, which resulted in a $1 billion settlement.

Masry died in 2014 at the age of 75. He is survived by his wife, Patricia, and their two children.

Ed Masry’s Net Worth

Ed Masry’s net worth was estimated to be $100 million at the time of his death in 2014. His wealth was largely derived from the success of his law firm, Masry & Vititoe. The firm earned millions of dollars in legal fees from the PG&E case and other high-profile cases.

Masry also owned a number of real estate properties, including a home in San Francisco and a ranch in Napa Valley. He also had a collection of classic cars, including a 1955 Mercedes-Benz 300SL Gullwing and a 1963 Ferrari 250 GTO.

Masry’s net worth was a testament to his success as a lawyer. He was a brilliant litigator who was able to win large verdicts and settlements for his clients. He was also a shrewd businessman who was able to use his legal skills to build a successful law firm and amass a large personal fortune.

Ed Masry was a remarkable man who achieved great success in both his legal career and his personal life. He was a brilliant litigator who was able to win large verdicts and settlements for his clients. He was also a shrewd businessman who was able to build a successful law firm and amass a large personal fortune. Masry’s legacy will live on as one of the most successful lawyers in American history.

Ed Masry

Ed Masry (born March 18, 1933) is an American attorney who is best known for his role in the Erin Brockovich case.

Early life and education

Masry was born in Los Angeles, California, to Lebanese immigrants. He attended the University of California, Los Angeles (UCLA), where he earned a bachelor’s degree in political science in 1955. He then attended the UCLA School of Law, where he earned a Juris Doctor (J.D.) degree in 1958.

Career

After graduating from law school, Masry began working as a prosecutor in the Los Angeles County District Attorney’s Office. He later served as a deputy district attorney in the Orange County District Attorney’s Office.

In 1969, Masry founded the law firm Masry & Vititoe. The firm specialized in personal injury law.

In 1993, Masry represented Erin Brockovich in a lawsuit against Pacific Gas and Electric Company (PG&E). The lawsuit alleged that PG&E had contaminated the water supply in Hinkley, California, with hexavalent chromium. The lawsuit resulted in a $333 million settlement, which was the largest environmental settlement in history at the time.

The Masry & Vititoe firm received a 40% contingency fee on the settlement, which amounted to $133 million. Masry and his law partner, Steven Donziger, were widely praised for their work on the case.

In 2000, Masry and Donziger published a book about the case, titled “Erin Brockovich: The Story of the Woman Who Became the Face of Environmental Justice.” The book was a New York Times bestseller.

In 2000, Masry retired from the law firm Masry & Vititoe. He currently serves as chairman of the board of directors of the Erin Brockovich Foundation.

Net worth

Ed Masry’s net worth was estimated to be $200 million in 2015. His wealth was largely due to the settlement in the Erin Brockovich case.

Personal life

Masry is married to Terry Masry. They have two children together.

Masry is a member of the American Bar Association and the State Bar of California. He is also a member of the board of directors of the Erin Brockovich Foundation.

Ed Masry is an accomplished attorney who has made a significant impact on the field of environmental law. His work on the Erin Brockovich case helped to raise awareness of the dangers of environmental pollution and led to a landmark settlement that provided compensation for the victims of PG&E’s negligence. Masry is a role model for other attorneys who are committed to fighting for justice and protecting the environment.

Q: What is Ed Masry’s net worth?

A: As of 2015, 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 1992 trial of O.J. Simpson, in which he represented the families of Ron Goldman and Nicole Brown Simpson.

Q: What are some of Ed Masry’s notable accomplishments?

A: Ed Masry’s most notable accomplishment is his role in the O.J. Simpson trial. He also won a $28 million verdict against Pacific Gas and Electric Company in a case involving groundwater contamination.

Q: What are some of Ed Masry’s philanthropic endeavors?

A: Ed Masry has donated millions of dollars to charitable causes. He has funded scholarships, supported medical research, and given to environmental organizations.

Q: What is Ed Masry’s current status?

A: Ed Masry is retired from law practice. He lives in Los Angeles with his wife, Patricia.

Q: What are some of Ed Masry’s hobbies?

A: Ed Masry enjoys spending time with his family, reading, and playing golf.

Ed Masry’s net worth in 2015 was estimated to be $100 million. He earned this wealth through his successful law career, which included representing the plaintiffs in the landmark case against the tobacco industry, Brown & Williamson Tobacco Corporation. Masry’s work on this case helped to bring about a major change in the way that tobacco companies are regulated, and it also made him a household name. He continued to work as a lawyer after the Brown & Williamson case, and he also served as the mayor of San Rafael, California, from 2004 to 2008. Masry’s life and career are an inspiration to others, and his legacy will continue to inspire people for years to come.

Author Profile

Ryan Scott
Ryan Scott
Hello, this is Ryan Scott. My adventure started as a heartfelt tribute to the captivating world of "Moon Children Films," a series of works by the remarkably talented Christopher Logan.

This initial endeavor was fueled by my profound respect for filmmaking as an art form, a medium that blends visual storytelling with emotional resonance, creating magic on screen.

However, with time, I recognized that my passion was not limited to the silver screen alone. The intricate stories behind the scenes, especially the lives and legacies of those who grace the screen and work behind it, began to fascinate me. This curiosity led me to explore beyond the boundaries of traditional film commentary.

As my interests broadened, so did the scope of my website. Today, Moon Children Films stands reimagined as a versatile and comprehensive blog, diving into the intriguing world of the net worth of famous personalities. This transformation reflects my eagerness to offer a wider spectrum of content, catering to an audience that shares my curiosity about the financial aspects of fame and success.

Delving into the net worth of celebrities, politicians, business magnates, and other public figures is more than just a peek into their wealth. It's an exploration of their journeys, the decisions that shaped their careers, and the impact they've made in their respective fields. By understanding their financial paths, we gain insights into the broader narrative of success and influence in today's world.

Similar Posts