Tom Girardi Net Worth- In This Post Check Tom Girardi early life, career, and Tom Girardi background and Tom Girardi biography.
Thomas Girardi entered the world on June 3, 1939, in Denver, Colorado, USA. Famously, Girardi successfully negotiated a $460 million settlement for 650 inhabitants of the California desert hamlet of Hinkley against Pacific Gas & Electric. According to residents, cancer and other ailments were thought to have been caused by contaminated water that had leaked from a nearby gas pumping station.
The courts of the United States of America concluded that Girardi and others had presented a translation of the relevant Nicaraguan papers that was inaccurate in many aspects. Because they breached their obligation to provide truthful information to the court, Girardi and his colleagues received official reprimands, and their legal business was penalized financially.
Tom Girardi Age, Family, And Biography
|Full Name||Thomas Vincent Girardi.|
|Net Worth (2022)||$1 million|
|Birth Date||June 3, 1939|
|Birth Place||Denver, Colorado, the United States|
|Spouse||Erika Jayne (m. 1999)|
|Zodiac Sign||Not Known|
|Occupation||Lawyer and Educator|
|Favourite Song||Not Known|
|Favourite Actor||Not Known|
|Favourite Movie||Not Known|
|Favourite Food||Not Known|
|College / University||Not Known|
|Favourite Color||Not Known|
|Favourite Hobbies||Not Known|
|Favourite Destination||Not Known|
|Favourite Book||Not Known|
Tom Girardi Biography
The month of June 1939 saw the arrival of Tom Girardi. New York University, Loyola Law School, and Loyola Marymount University are the three institutions where Girardi received his degrees. In 1970, Girardi was the first attorney in California to win a medical malpractice lawsuit that resulted in an award of more than one million dollars.
He litigated issues against corporations such as the Los Angeles County Metropolitan Transportation Authority, Lockheed Corporation, and Pacific Gas & Electric Company. In addition, Girardi challenged Hollywood’s seven most prominent film studios.
His well-known lawsuit against Pacific Gas & Electric served as the impetus for the production of the film Erin Brockovich. It resulted in $333 million for 650 residents of Hinkley, California.
|Age||83 years old|
|Heights in Feet||5 feet and 4 inches|
|Height(s) cm||165 cm|
|Weight in Pound||156 pounds|
Loyola High School in 1957 was the year he graduated. He attended Loyola Marymount University for four years and graduated with a bachelor’s degree. He earned his J.D. from Loyola University in 1964 and his LL.M. from New York University in 1965.
In 1970, he was the first lawyer in California legal history to win a claim for more than $1 million, which included medical malpractice. He has previously handled significant cases for companies, including the former Lockheed Corporation (now Lockheed Martin Corporation), Pacific Gas & Electric Company, the Los Angeles County Metropolitan Transportation Authority, and Hollywood’s seven major film studios.
The career of Tom Girardi
This case served as the basis for the film Erin Brockovich (2000), which starred Julia Roberts. According to what Thomas Girardi told Attorney at Law Magazine, “that case changed the way people think about all of the harmful substances to which they are exposed.” In addition to that, he was a consultant for the movie.
In 2003, the California State Bar honored Mr. Girardi by inducting him into the Trial Lawyer Hall of Fame. It was a great honor for Mr. Girardi.
Girardi is a Member of the Board of Directors and past President of the renowned International Academy of Trial Lawyers, a global organization restricted to just five hundred trial lawyers and is only accessible by invitation, as stated on Girardi’s official website.
Girardi is the first trial lawyer to be named to the California Judicial Council, which is the body of the state courts responsible for creating policy.
In a different high-profile case, he was one of a group of attorneys that attempted to enforce in U.S. courts a default judgment for $489 million that a court had entered in Nicaragua. The judgment was allegedly against Dole Food and Shell Chemicals and was based on the effects of the pesticide DBCP on workers exposed to it.
Tom Girardi Work History and Honors
A lawsuit was brought by a creditor seeking repayment of money loaned to Tom and Erika, who they said lavishly spent it on their lifestyles. To Tom, these claims amounted to “fraud.” They agreed to end their fighting at last.
Security guards for their Pasadena home sought $53,000, and Tom’s ex-wife said she was no longer receiving the $10,000 in alimony she was owed each month. Additional creditors stepped up as well. One of Girardi’s clients, a guy who was burned in the PG&E pipeline explosion in 2010, expressed his dissatisfaction with the lack of payment of the millions of dollars he was promised as part of a settlement.
Despite Girardi’s promise to pay the individual $12 million in January 2020, he stopped paying after just $1 million. After filing a lawsuit against Girardi and Jayne, the family was able to take their assets, which were estimated to be worth about $23 million.
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By August 2021, lawyers for the Girardi Keese bankruptcy had sent a demand to Erika’s legal team, claiming that she had spent $25 million on assistants, a full-time glamor squad, P.R. businesses, and a dance agency between 2008 and 2020. In the letter, Erika admits to spending $14.25 million on her American Express card.
This figure was published in the New York Post. To the tune of $28 million after interest and fines, Erika was compelled to pay by the trustees. Following the publication of these charges in The New York Post, Erika’s lawyers denied the claims on her behalf “The debts and liabilities of E.J. Global LLC are not Erika’s responsibility, and she has never received any money related to them.
We will seek appropriate remedies against any responsible parties on Erika’s behalf.” In December 2020, Tom and his law firm will file for Chapter 7 bankruptcy. Among his creditors were his two ex-law partners, both of whom claimed he owed them $750,000 and $1.5 million. An official federal complaint was filed against Tom a month before, accusing him of stealing “millions” of dollars from clients.
An old creditor testified that Girardi gave Erika’s entertainment company $20 million. Those filing for bankruptcy against Tom and Erika claimed that Erika could own $20 million and that their divorce was a “sham.” It seems that other creditors made claims that Girardi was also withholding settlement monies.
Tom Girardi Gross Value
Tom Girardi is an attorney in the United States with a net worth of one hundred thousand dollars. Tom may be most known for being the ex-husband of Erika Jayne, who appeared on an episode of “Real Housewives.” They wed in 1999 and remained married till 2020.
Tom’s estimated net worth in 2015 was something in the neighborhood of $264 million. Tom testified in a case in the year 2020 that he had previously been worth between $50 and $80 million but said he was broke at the time of the trial and had no more money. It is a difficult topic, but we will try our best to explain everything to you in a moment.
Before Tom was shot to stardom as a television star, he was recognized across the state of California as a very successful consumer lawyer. Throughout many decades’ worth of court battles, Tom successfully obtained verdicts worth billions of dollars for his clients.
His company, Girardi & Keese, was a pioneer in the practice of accepting significant cases on contingency, which meant that clients did not have to pay any money in advance. The firm would exchange between 25 and 40% of the ultimate award amounts. Because of these cutbacks, Tom became very rich.
Tom tied the knot with actress Erika Chahoy in the year 1999. While she was in her late 20s, he was already in his 60s. Even though it was his second marriage, he was in the middle of an intense argument with his first wife about the division of their property.
When they first met, she worked as a server at Chasen’s, a restaurant in Beverly Hills that Tom had a dual ownership interest. After several years, Erika Jayne achieved widespread notoriety after appearing in the reality television series “The Real Housewives of Beverly Hills.”
In 2015, she became a regular cast member of the program. After 21 years of marriage, Tom and Erika decided to end their relationship and announced it in November 2020.
When Erika was climbing the ranks of reality stardom, Tom was trying to get financing for his legal practice. Giraldi estimated that he had a net worth of $264 million in one loan application. In the complaint, it was said that the individual owned two private aircraft, jewels valued at $9 million, antiques valued at $3 million, and a Pasadena home valued at more than $10 million.
According to his “conservative” estimate, the legal expenses incurred by his company in 2016 would exceed $110 million. Reportedly, one of his creditors, Law Finance Group, became worried when it inspected Giraldi’s accounts and noticed millions of dollars being moved to a business named E.J. Global LLC – Erika’s entertainment firm. It caused the creditor to become anxious. According to reports, the money that was moved was above $20 million.