The audience demands to know Alex Murdaugh’s net worth after the accused lawyer’s murder trial has become one of the most-watched segments in 2023. It was a fall for the long-lasting legacy of the Murdaugh family.
Alex Murdaugh is a former lawyer and fourth-generation South Carolina Circuit court prosecutor. His father, grandfather, and great-grandfather were respectable prosecutors of the region. With such a rich family history, Alex Murdaugh’s net worth and career were never at risk.
However, the turning point in Alex’s life came when his wife and son were murdered on 7th June 2021. On 4th September 2021, the former lawyer resigned from his law firm two days after his roadside accident. He announced about entering rehab. But soon, the law firm released a shocking statement alleging Alex “had misappropriated company funds” that contributed to Alex Murdaugh’s net worth. He was arrested for multiple felonies for his fraudulent activities. It was just the beginning of uncovering his heinous crimes. Despite being a part of a robust legal family, Alex could not escape the law.
Now that more details are coming up during the ongoing murder trial, the world is curious about Alex Murdaugh’s net worth. The embezzlement and murder case have drawn attention to Alex’s life. So, in this article, find out everything about Alex Murdaugh’s net worth.
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What Is Alex Murdaugh’s Net Worth?
Alex Murdaugh’s net worth is around $1 million. The Sun reported that Alex earned $250,000 approximately every year as a lawyer. To add to Alex Murdaugh’s net worth, he owned Peters, Murdaugh, Parker, Eltzroth & Detrick Law firm (PMPED). However, after the allegations against Alex surfaced, the firm now has a new name. Previously, Alex had a home in Colleton County valued at around $3.9 million. The former lawyer also owned a 17-foot Sea Hunt center console boat that crashed in Beaufort County on 24th February 2019.
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Who Is Alex Murdaugh?
Alex Murdaugh was born to the affluent Murdaugh family in Hampton County, South Carolina. He never had to worry about making Alex Murdaugh’s net worth since his great-grandfather Randolph Murdaugh Sr. founded Peters, Murdaugh, Parker, Eltzroth & Detrick Law firm in 1910. The Murdaugh family amassed their massive wealth by staying active in the South Carolina law scenario for over 100 years. Following in his family’s footsteps, Alex attended the University of South Carolina School of Law. After receiving his J.D. degree in May 1994, he went to the South Carolina Bar in November 1994.
Though Alex Murdaugh’s net worth was never a matter of concern, Alex wanted to earn respect in the industry. He was a part-time prosecutor in the 14th Judicial Court, which the Murdaugh family used to run for generations. Alex represented cases related to product liability, wrongful death, trucking cases, and more. He had a luxurious life until recent events came to light.
Alex is accused of “schemes to defraud victims of $ $8,492,888.31”. The ex-lawyer faces over 90 financial charges, draining all of Alex Murdaugh’s net worth.
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Moreover, he is charged with two counts of murder of his 52-year-old wife and 22-year-old son. Following that, new evidence came up about Alex’s September 2021 incident. Previously, Alex claimed a passer-by shot him in the head while changing his vehicle’s tire. Later, Alex admitted to hiring a distant cousin, Curtis Edward Smith, to attack him so his son Buster could get $10 million in an insurance payout.
If you wish to know more about the incidents and the downfall of Alex Murdaugh’s net worth, watch Netflix’s ‘Murdaugh Murders: A Southern Scandal’ and HBO Max’s ‘Low Country: The Murdaugh Dynasty.’ It is only fitting to say that the former lawyer’s crime led to the family’s fall from grace.
