JOHN EDDIE WILLIAMS • Net Worth $600 Million • House • Yacht • Private Jet • Williams Kherkher

Name:John Eddie Williams
Net Worth:$600 million
Source of Wealth:Williams Kherkher Law Firm
Wife:Sheridan Williams
Children:Kristen Williams, John E Williams Jr.
Residence:Houston, Texas, USA
Private Jet:N2JW – Bombardier Challenger, N94JW – Cessna Citation 525
Yacht:Lady Sheridan

Who is John Eddie Williams?

John Williams is the founder and managing partner for the Williams Kherkher Law Firm. He is known as one of the Tobacco Five, who won against Big Tobacco. He was born in the 1950s. He is married to Sheridan. They have 1 daughter (and we think also a son : John Eddie Jr).

Big Tobacco Law Suit

Big Tobacco is a term often applied to the tobacco industry in general, or more particularly to the big three tobacco corporations in the United States: Philip MorrisReynolds American and Lorillard.

In 1996 Texas Attorney General Dan Morales hired a group of high-profile plaintiffs lawyers on a contingent-fee basis to take on Big Tobacco.

Tobacco Five

The Tobacco Five, as they became known, included John Eddie Williams, Walter Umphrey, John O’Quinn, Harold Nix, and Wayne Reaud.

Their task in filing Texas v. American Tobacco Co., et al., was to seek compensation for the health care provided to Texans for smoking-related illnesses.

Earning US$ 3 Billion in Fees

The contingent-fee agreement required the Tobacco Five to each put up $2 million of their own money to cover discovery costs.

The actual costs added up to $30 million, but the 1998 settlement awarded them $3 billion in legal fees, to be paid in 25 years.

His’ share in it: USD 600 million, or USD 24 million a year.

John Eddy Williams Net Worth

He has an estimated net worth of $600 million.

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Yacht Lady Sheridan Owner

John Eddie Williams

Watch this video!

John Eddie Williams House

Yacht Lady Sheridan

He was the owner of the yacht Lady Sheridan,  which he named after his wife. He named the yacht’s tender Lady Kristen, after his daughter. He sold the yacht, she is now named AMARAL.