John Morgan Net Worth 2022: He is an Outspoken Advocate for the Legalisation of Medical Marijuana

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John Morgan, an influential Lexington, Kentucky businessman and personal injury attorney, founded the eponymous law firm Morgan & Morgan.

In addition to being the mind behind WonderWorks Attraction, PMP Marketing Group, ClassAction.com, and Abogados.com, etc., he is best renowned for his contributions to the legal business. This page contains John Morgan’s biography, which includes his age, wife, and money.

Beginnings of John Morgan

John Morgan was born in Lexington, Kentucky on March 31, 1956. In 1971, the Morgans relocated from Lexington to Winter Park, Florida.

 

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Morgan was a student at the University of Florida from 1974 until 1978. In 1982, he received his Juris Doctor from the Fredric G. Levin College of Law at the University of Florida. During this time, he also met Ultima Ann Degnan, who would become his future wife.

Following his completion from law school, John Morgan immediately began his legal career. In 1988, he co-founded the law firm Morgan & Morgan along with another attorney and a few support staff. The company specialises in representing clients in personal injury and class action litigation.

Participation in Politics

John Morgan is self-sufficient as a political activist. Morgan declared in November 2016 his intention to run for governor of Florida in the upcoming 2018 election. On November 24, 2017, Morgan declared his decision to engage in politics as an independent, so terminating his membership in the Democratic Party.

John Morgan has continued to advocate for the rights of the economically and socially underprivileged, despite never being elected Florida governor. He has pledged at least $1 million to help raise the minimum wage in Florida to $15 per hour. Morgan’s legal firm has contributed thousands of dollars to the political action group “Florida for a Fair Wage.”

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Profession in Writing

Two titles by John Morgan have been bestsellers. His first book, You Can’t Teach Hungry…, was published in 2011. Morgan’s second book, “Establishing a Million-Dollar Law Firm” You Can’t Teach Vision: The 21st Century Law Firm, was published in 2015.

John Morgan’s Wealth

John Morgan built one of the most prominent law firms in the world. Consequently, he is also one of the world’s wealthiest attorneys. As of April 1, 2021, John Morgan’s wealth was estimated to be $700 million. The majority of Morgan’s wealth derives from his successful law firm, Morgan & Morgan.

As of 2019, Morgan & Morgan has represented more than 50,000 clients and won more than $1 billion in settlements and verdicts. In the same year, the law firm’s annual gross revenue was between $400 million and $600 million.

Morgan & Morgan has spent a great deal of money on advertising, which has resulted in a substantial increase in revenue. The law practise is believed to spend more than $100 million annually on advertising.

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Arguments for the Use of Marijuana

John Morgan is an outspoken advocate for the legalisation of medical marijuana, particularly in the state of Florida. In 2014, he vigorously advocated for the approval of Amendment 2, which would have legalised medical marijuana. Legislation was unsuccessful at the time.

 

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Morgan was a leader of the “Yes” movement when Florida’s medical marijuana statute returned in November 2016 as Amendment 2. He contributed $6.5 million to both campaigns and aired several radio and television advertisements supporting his favourite candidate.

Morgan got numerous accolades for his significant contribution to the accomplishment of this bill, which was passed by a vote of 71.3% to 28.8%.

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Final Thoughts

John Morgan’s most notable achievement as a lawyer, political activist, and businessman was the founding of the law practise today known as Morgan & Morgan. Morgan, with a phenomenal net worth of $700 million as of April 2021, is not only one of the world’s wealthiest attorneys but also one of the world’s wealthiest individuals.

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