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John Morgan’s Net Worth (Updated 2021)

Last Updated on July 23, 2021

Who Is John Morgan?

John Bryan Morgan is an American attorney, businessman, political activist, and outspoken advocate of marijuana legalization.

Morgan is best known for founding the personal injury and class action law firm, Morgan & Morgan.

Quick Facts

Full Name: John Bryan Morgan
Popular Name: John Morgan
Gender: Male
Birth Date: March 31, 1956
Age: 65 years
Parents: Ramon Morgan, mother unknown
Siblings: 4, including Tim Morgan and Mary Pat Moriarty
Birth Place: Lexington, Kentucky
Nationality: American
Ethnicity: Caucasian
Education: The University of Florida and the University of Florida Fredric G. Levin School of Law
Marital Status: Married 
Sexual Orientation: Straight
Wife/Spouse: Ultima Ann Degnan Morgan
Children: Matthew Morgan, Katie Morgan, Mike Morgan, and Daniel Morgan
Dating: N/A
Net Worth: USD 700 million (as of April 1, 2021)
Source of Wealth: Attorney’s Fees and Other Entrepreneurial Ventures
Height: 5′ 4″ (1.66 m)
Weight: 88 kg; In pounds: 194 lbs.

Early Life and Legal Career

John Morgan was born on March 31, 1956, in Lexington, Kentucky. In 1971, the Morgan family moved from their hometown of Lexington to Winter Park, Florida.

Morgan attended the University of Florida from 1974 to 1978. He then proceeded to the University of Florida Fredric G. Levin School of Law, where he attained his Juris Doctor in 1982. It’s also during this time that he met his future wife, Ultima Ann Degnan.

John Morgan started practicing almost immediately after graduating from law school. He went on to found the law firm Morgan & Morgan in 1988, alongside another attorney and a few more staff. The law firm mostly deals in personal injury and class action.

Marijuana Advocacy

John Morgan is an outspoken advocate for the legalization of medical marijuana, particularly in the state of Florida. He vigorously campaigned for the passing into law of Amendment 2 in 2014, which sought to legalize cannabis for medical use. Unfortunately, the bill did not pass then.

When the medical marijuana bill appeared again as Florida Amendment 2 on November 2016, Morgan was one of the forces behind the ‘Yes’ campaigns. He contributed a whopping $6.5 million in funding towards the campaigns, as well as sponsored numerous radio and television commercials to that effect.

The bill passed this time round after receiving a 71.3% to 28.7% approval rating, with Morgan taking huge credit for his immense contribution towards the cause.

Political Activism

John Morgan is a political activist in his own right. On November 2016, Morgan stated that he was harboring ambitions of running for Governor of Florida in the upcoming 2018 gubernatorial elections. On November 24, 2017, Morgan renounced his allegiance to the Democratic Party and declared that he would pursue his future political endeavors as an independent.

Although he never became Governor of Florida, John Morgan has maintained his role of championing the rights of the socially and economically oppressed. He has pledged to spend at least $1 million in raising Florida’s minimum wage to $15. Through his law firm, Morgan has donated thousands of dollars to the political committee ‘Florida for a Fair Wage.’

Writing Career

John Morgan is the author of two bestselling books. He published his first book in 2011, titled ‘You Can’t Teach Hungry… Creating the Multimillion Dollar Law Firm.’

In 2015, Morgan published his second book – You Can’t Teach Vision: The Twenty-First Century Law Firm.

John Morgan’s Net Worth

John Morgan is credited for founding one of the largest law firms in the world. That explains why he’s also one of the wealthiest attorney’s on the planet.

As of April 1, 2021, John Morgan had a net worth of $700 million. Morgan has earned the bulk of his wealth through his law firm, Morgan & Morgan.

As of 2019, Morgan & Morgan had recovered over $1 billion in settlements and verdict for more than 50,000 clients. The same year, the law firm reported a gross annual revenue between $400 million and $600 million.

Morgan & Morgan’s impressive revenues is attributable to the company’s huge investment in marketing. The law firm reportedly spends over $100 million annually in advertising alone. Which explains why it has since opened branches in multiple locations, including:

• Orlando
• Big Pine Key
• Daytona
• Fort Lauderdale
• Fort Myers
• Jacksonville
• Kissimmee
• Melbourne
• Miami
• Naples
• Pensacola
• Saint Petersburg
• Tallahassee
• Tampa
• Tavares
• The Villages
• Winter Haven

In addition to the Morgan & Morgan law firm, John Morgan’s income also comes from a number of business ventures. The decorated lawyer is noted for founding numerous income-generating companies and initiatives, including WonderWorks Attraction, ClassAction.com, Abogados.com, PMP Marketing Group, to mention but a few.

Morgan also owns stakes in the legal software company Litify. Plus, he has invested heavily in real estate and is associated with numerous rental properties, restaurants, hotels, and shopping centers.

Lessons from John Morgan

1. Some experiences are meant to shape our career paths

John Morgan decided to major in personal injury as a tribute to his brother, Tim. In 1976, while working as a teen lifeguard for Walt Disney World, Tim got paralyzed as he dove in an attempt to rescue a missing girl. The ensuing legal battle for Tim’s workers’ compensation inspired Morgan to specialize in personal injury.

2. Put your money where your mouth is

When Morgan sets out to pursue any cause, he often pulls all the stops to make it happen. A case in point is when he donated $6.5 million towards funding medical marijuana legalization campaigns in Florida.

3. Give back

John Morgan is a celebrated philanthropist. Besides donating millions towards funding political and medical marijuana campaigns, Morgan has also supported numerous initiatives to end domestic abuse, sustainable food production programs, disaster response initiatives, etc.

Famous Quotes by John Morgan

“Actions have consequences.”

“At this point, what else is his life for? What else can Joe Biden do? He can run for Beau.”

Joe Biden – he’s one of the most beloved political figures in America, on both sides of the aisle.”

“Trump has decided to go all-in, risk the death.”

“What you’ve got here is clearly the frontrunner for the entire time and a finance team that can’t capitalize on that, changes have to be made, and you know, Joe Biden is probably the nicest guy in the world, and it may be hard for Joe Biden to do that, but too much is at stake not to do it.”

Final Word

John Morgan is a decorated attorney, political activist, and entrepreneur who’s best known for founding the law firm Morgan & Morgan. Morgan is also one of the wealthiest lawyers in the world, with a jaw-dropping net worth of $700 million as of April 2021.