Walter Umphrey is one of the most famous attorneys in the United States. In his career, he has championed justice and the common good. He has sent many criminals to prison. His career has seen him solve numerous cases. Some magazines and newspapers named him one of the top 10 lawyers in the country.
|Full Name||Walter Umphrey|
|Born||May 13, 1936|
|Death||September 7, 2021 (85 years of age)|
|Walter Umphrey Net Worth||$1 Billion|
Walter Umphrey Net Worth
By the end of his career, Umphrey had accumulated a personal net worth of roughly $1 billion, ranking him as the most wealthy personal injury lawyer.
A group of five lawyers led by Walter Umphrey in 1998, broke Pennnzoil’s record of $10.5 billion. Walter started the Provost Umphrey Law Firm in a remodeled fruit warehouse in Beaumont, Texas. During the 80s, Umphrey gained a reputation dealing with asbestos cases, and the 90s saw him target the biggest fish of them all: Tobacco.
As the state’s representative in a lawsuit against Philip Morris, Umphrey, and his other four partners spent $40–50 million pursuing a contingency fee of 15%. In the end, there was a $17.3 billion award and a $3.3 billion payout from the tobacco companies to the group of five on December 11, 1998.
By the end of his career, Umphrey had accumulated a personal net worth of roughly $1 billion, ranking him as the most wealthy personal injury lawyer. Thanks to his generous donation, Umphrey’s alma mater, Baylor Law School, is one of the world’s top plaintiff law schools.
Walter Umphrey – is he still alive?
Walter Umphrey, a prominent attorney in Southeast Texas who co-founded Beaumont’s Provost Umphrey, died at his Beaumont home on September 7, 2021, aged 85. He was suffering a long-term illness, according to Provost Umphrey.