How Billionaires Actually Work | Authorized Account | Insider

John Morgan has an estimated wealth of $1.5 billion, according to Forbes, placing him on its 2025 Billionaires List. Morgan started his personal injury firm, Morgan & Morgan, in 1988. Today, he has offices in all 50 US states and employs more than 1000 lawyers. Morgan pioneered legal advertising, putting his face on ads across hundreds of US cities. Other than his law firm, Morgan owns a collection of science museums, malls, billboard companies, and even a crime and punishment attraction that houses the original white Bronco that O.J. Simpson used to flee from the police. Morgan sat down with Business Insider to discuss how he accumulated his wealth, the tragic motivation that led him to personal-injury law, the power and responsibility of wealth, and the dangers he believes a globally increasing wealth gap will one day create for both the rich and the poor. For more: https://www.forthepeople.com/attorneys/john-morgan/ Johnmorganbook.com 00:00 - Introduction 00:29 - The Lifestyle 04:56 - The Firm 08:12 - The Expansion 11:12 - The Entrepreneur 14:33 - The Philosophy 21:32 - The Childhood 26:07 - The Moral Compass 33:40 - Nepotism 38:53 - The Future 41:04 - Credits ------------------------------------------------------ #billionaires #wealth #wealthgap #authorizedaccount MORE AUTHORIZED ACCOUNT VIDEOS: How Modern Warfare Actually Works — From Killer Drones to Attack Submarines https://youtu.be/QoxCVRj7Q70 How Witness Protection Actually Works https://youtu.be/76JwH9VBLpg How Reforming A Neo-Nazi Actually Works https://youtu.be/1KGH8_khwQw Insider's mission is to inform and inspire. Visit our homepage for the top stories of the day: https://www.businessinsider.com/ Insider on Facebook: https://www.facebook.com/insider Insider on Instagram: https://www.instagram.com/insider Insider on Twitter: https://twitter.com/thisisinsider Insider on Snapchat: https://www.snapchat.com/discover/Insider/2708030621 Insider on TikTok: https://www.tiktok.com/@insider How Billionaires Actually Work | Authorized Account | Insider