Ed Masry Net Worth is estimated to be $1 million, he was an American lawyer, was a partner in Masry & Vititoe law firm, and served as a mayor and city councilman in Thousand Oaks, California.
Edward Louis Masry (July 29, 1932 – December 5, 2005) was an American lawyer, mayor, and city councilman, born in Paterson, New Jersey, to Syrian immigrants, Masry moved to Southern California at a young age.
Masry, a Korean War-era U.S. Army veteran, attended various universities before earning his Juris Doctor degree from Loyola Law School in 1960. Admitted to the State Bar of California, he established a private practice in 1961.
His law firm played a crucial role in the Erin Brockovich case, in 1996 for contamination of drinking water with hexavalent chromium in Hinkley, California.
This landmark case was later adapted into the Academy Award-winning film Erin Brockovich, where Albert Finney portrayed Masry.
Masry’s legal career also featured notable achievements, including successfully arguing a case before the U.S. Supreme Court on behalf of overcharged California consumers during the 2000-2001 energy crisis.
He served on environmental law sections of legal associations and received awards for his work, including the Consumer Attorney of the Year from the Consumer Attorneys of California.
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Ed Masry Net Worth: Attorney Who Won Major Settlement From PG&E
Edward Masry, an influential American, left a lasting legacy through his roles as a lawyer.
Masry’s career contributed to his estimated net worth of $1 million.
His income breakdown per year was $400,000, with monthly earnings of $32,000.
Weekly, he earned $8,000, translating to a daily income of $1,140.
Breaking it down further, his hourly rate was $19, making it $0.3 per minute and $0.05 per second.
The highlight of Masry’s career was the $333 million settlement in the largest direct-action case in American history.
While recognized as a lawyer, Masry also ventured into acting, adding versatility to his career.
Despite multifaceted accomplishments, Ed Masry Net Worth remained at $1 million. This brief overview underscores Masry’s financial standing and the culmination of his success in various fields, emphasizing his significant impact in the legal realm.
Attorney Who Won Major Settlement From PG&E
Edward L. Masry, the legal force behind the monumental $333 million settlement against Pacific Gas & Electric (PG&E), etched his name in legal history through a tireless pursuit of justice.
The saga unfolded in 2000, as depicted in the film “Erin Brockovich,” revealing PG&E’s culpability in contaminating Hinkley, California’s water supply with toxic carcinogens.
Masry, renowned for his tenacity, affirmed the movie’s accuracy during a Law Chat session in September 2000, shedding light on the class-action environmental lawsuit and acknowledging dramatized elements for cinematic effect.
His flamboyant style and unwavering commitment to justice defined his impactful career, with the Erin Brockovich case serving as a pivotal moment in his journey.
Financial success accompanied Masry’s legal prowess, earned through navigating complex cases, including the historic PG&E settlement.
However, Masry’s legacy extended beyond the courtroom; he served as a city councilman and mayor of Thousand Oaks from 2000 until his passing on December 5, 2005, at the age of 73.
Complications related to diabetes marked the end of a colorful and impactful tenure in both the legal and political spheres.
In a posthumous legal triumph, Masry’s strategic move in the Masry v. Masry case showcased his foresight. Revoking his interest in a joint trust with his wife, Joette, just before his demise, Masry safeguarded assets for his children.
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