Angelos made his fortune as a champion workers’ rights lawyer who won more than $1 billion in a class-action lawsuit for workers exposed to asbestos.
The Orioles and the Angelos’ family announced the death in a statement, without giving a cause of death. The billionaire had been ill for years before.
In the early 1990s, Angelos’ grueling 18-hour work days at his law practice paid off, when he won a settlement of more than $1 billion on behalf of workers exposed to asbestos. He took an estimated $330 million cut from that suit, which provided him the funds to buy Baltimore’s baseball team from its bankrupt former owner.team ownership, when he refused to hire replacement teams after baseball players went on strike.
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Peter Angelos, combative owner of Baltimore Orioles, dies at 94As a lawyer, he won hundreds of millions of dollars for workers exposed to asbestos before buying the Orioles in 1993.
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Longtime Baltimore Orioles owner Peter Angelos dies at 94Peter Angelos, the longtime owner of the Baltimore Orioles, has died at the age of 94.
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