Peter Angelos Net Worth: The Billionaire Lawyer and Baseball Owner

Peter Angelos is an American trial lawyer and businessman who has a net worth of over $2 billion. He is best known as the majority owner of the Baltimore Orioles, a Major League Baseball team that he bought in 1993 for $173 million.

He is also the founder and senior partner of the Law Offices of Peter G. Angelos, a prominent law firm that specializes in personal injury, medical malpractice, asbestos litigation, and class action lawsuits. Here are some facts and figures about Peter Angelos and his wealth, career, and achievements.

Peter Angelos’ Net Worth in 2024

According to various sources, Peter Angelos’ net worth in 2024 is estimated to be between $2 billion and $3 billion. This is based on his assets, income, and expenses, as well as the valuation of his businesses and investments.

Peter Angelos’ net worth has increased significantly since he acquired the Orioles, which are now worth $1.725 billion according to a recent report. Peter Angelos’ net worth also reflects his success and reputation as a lawyer, as well as his philanthropic and civic contributions.

Peter Angelos’ Income and Expenses

Peter Angelos’ income and expenses are derived from his various sources of revenue and expenditure, such as his law firm, his baseball team, his real estate, and his donations. Peter Angelos’ income is estimated to be around $100 million per year, based on the average fees, settlements, and awards that his law firm generates from its cases.

Peter Angelos’ expenses are estimated to be around $50 million per year, based on the average costs, taxes, and salaries that his law firm and his baseball team incur. Peter Angelos’ income and expenses also vary depending on the performance and profitability of his businesses and investments.

Peter Angelos’ Assets and Investments

Peter Angelos’ assets and investments include his ownership stakes, properties, and holdings, such as his law firm, his baseball team, his real estate, and his stocks. Peter Angelos’ assets and investments are estimated to be worth over $2 billion, based on the market value and equity of his businesses and properties.

Peter Angelos’ assets and investments also include his personal and family assets, such as his art collection, his jewelry, his cars, and his residences. Peter Angelos’ assets and investments represent his wealth and influence in the legal, sports, and business sectors.

Peter Angelos’ Career and Achievements

Peter Angelos’ career and achievements span over six decades of legal, sports, and civic endeavors, such as his law firm, his baseball team, his lawsuits, and his awards. Peter Angelos’ career and achievements include:

  • Founding and leading the Law Offices of Peter G. Angelos, one of the largest and most successful law firms in the US, with over 300 lawyers and offices in Maryland, Pennsylvania, Delaware, Tennessee, and New York.
  • Buying and owning the Baltimore Orioles, one of the oldest and most storied franchises in MLB, with three World Series titles, seven AL pennants, and nine AL East division titles.
  • Representing and winning billions of dollars for thousands of clients, especially those affected by asbestos exposure, tobacco use, lead paint poisoning, and medical negligence.
  • Donating and supporting millions of dollars to various causes and organizations, such as the University of Baltimore, the Johns Hopkins University, the Greek Orthodox Church, and the Baltimore Symphony Orchestra.
  • Receiving and earning numerous honors and awards, such as the Ellis Island Medal of Honor, the Maryland Citizen of the Year, the Hellenic Heritage Achievement Award, and the Order of St. Andrew the Apostle.

Conclusion

Peter Angelos is an American trial lawyer and businessman who has a net worth of over $2 billion. He is best known as the majority owner of the Baltimore Orioles, a Major League Baseball team that he bought in 1993 for $173 million. He is also the founder and senior partner of the Law Offices of Peter G.

Angelos, a prominent law firm that specializes in personal injury, medical malpractice, asbestos litigation, and class action lawsuits. Peter Angelos’ net worth in 2024 is estimated to be between $2 billion and $3 billion, based on his assets, income, expenses, and investments.

Peter Angelos’ career and achievements span over six decades of legal, sports, and civic endeavors, such as his law firm, his baseball team, his lawsuits, and his awards. Peter Angelos is a billionaire lawyer and baseball owner who has made a significant impact and legacy in his fields of work and interest.

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