John Morgan Net Worth: His Career in Various Fields

John Morgan, an influential businessman and personal injury lawyer in Lexington, Kentucky, and founded the eponymous law company Morgan & Morgan.

Also the brains of WonderWorks Attraction, PMP Marketing Group, ClassAction.com, Abogados.com, etc., he is best known for his work in the legal industry. Here you will find information on John Morgan’s biography, including his age, wife, and wealth.

Early Life of John Morgan

John Morgan was born on March 31, 1956, in Lexington, Kentucky. The Morgans uprooted from Lexington and settled in Winter Park, Florida in 1971.

From 1974 until 1978, Morgan was a student at the University of Florida. He enrolled at the Fredric G. Levin College of Law at the University of Florida and graduated with a J.D. in 1982. During this time, he also met Ultima Ann Degnan, the woman who would eventually become his wife.

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Following his graduation from law school, John Morgan went straight into practise. In 1988, he co-founded the law practise Morgan & Morgan with another lawyer and a few support workers. The business focuses on representing clients in personal injury and class action lawsuits.

His Career in Various Fields

• Engagement in Politics

John Morgan stands on his own two feet as a political activist. In a November 2016 announcement, Morgan revealed his desire to seek the Florida governorship in the upcoming 2018 election. Morgan announced his intention to work in politics as an independent on November 24, 2017, so ending his membership in the Democratic Party.

John Morgan has continued his fight for the rights of the economically and socially disadvantaged, even though he was never elected governor of Florida. For his part, he’s committed at least $1 million to help boost Florida’s minimum wage to $15 per hour. Morgan has given thousands of dollars to the political action committee “Florida for a Fair Wage” through his legal company.

• Career in Writing

Two of John Morgan’s works have been bestsellers. You Can’t Teach Hungry…, his debut book, was released in 2011. Establishing a Law Firm Worth Millions” You Can’t Teach Vision: The 21st Century Law Firm, Morgan’s second book, was released in 2015.

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John Morgan Net Worth

One of the largest law firms in the world was founded by John Morgan. That’s why he’s also one of the world’s wealthiest lawyers. John Morgan’s wealth was estimated at $700 million as of April 1, 2021. Most of Morgan’s fortune comes from his successful law practise, Morgan & Morgan.

Morgan & Morgan has represented over 50,000 clients and won over $1 billion in settlements and verdicts as of 2019. In the same year, the legal firm reported between $400 million and $600 million in yearly gross revenue.

Morgan & Morgan has spent a lot of money on advertising, which has paid off handsomely in the form of high income. It has been estimated that the law firm spends more than $100 million each year on advertising.

Arguments in Favor of Marijuana Use

John Morgan is a vocal proponent of medicinal marijuana legalisation, especially in the state of Florida. In 2014, he fought hard for the passage of Amendment 2, which would have legalised medical cannabis. The legislation did not succeed at the time.

Morgan was a leader in the “Yes” movement when the medical marijuana law reappeared in Florida as Amendment 2 in November 2016. He bankrolled both campaigns to the tune of $6.5 million and aired several radio and TV ads advocating for his preferred candidate.

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Morgan received a lot of praise for his enormous contribution to the success of this law, which was approved by a vote of 71.3% to 28.7%.

Final Thoughts

The most notable accomplishment of John Morgan’s career as a lawyer, political activist, and businessman is the establishment of the legal firm currently known as Morgan & Morgan. With a staggering net worth of $700 million as of April 2021, Morgan is not only one of the wealthiest lawyers in the world but also one of the wealthiest people in the entire planet.