Peter Angelos Net Worth, Relationships, Age/Birthdate & Birthday

Peter Angelos is a trial-lawyer turned sports-franchise magnate best known for his ownership of the Baltimore Orioles and landmark litigation that reshaped corporate liability.

Introduction

Peter Angelos (born July 4, 1929) built his reputation as a formidable trial lawyer and later acquired control of the Baltimore Orioles. His estimated net worth is around $2 billion according to multiple legal-industry and wealth-tracking sources. His personal life includes a long-standing marriage to Georgia Kousouris (married 1966) and two sons—John P. Angelos and Louis Angelos. This profile explores his age/birthdate, birthday, net worth, relationships, personal life and enduring influence.

Quick Facts

From Neighborhood Roots to National Litigation Power

Peter Angelos’s journey began in a working-class Greek immigrant family. Born July 4, 1929, in Pittsburgh, Pennsylvania, he relocated to Baltimore when his family moved to the Highlandtown neighborhood. 

His father owned a tavern, and the young Angelos worked his way through school while taking night classes in law. He attended the University of Baltimore and then earned his law degree, paying his own way. 

His early legal career focused on product-liability and workers’ compensation cases. He represented large groups of steelworkers, shipyard employees and manufacturing workers in asbestos litigation, and by one estimate his take from a consolidated action approached $330 million in the early 1990s. 

Defining moments in Peter Angelos’s journey include:

• Successfully representing the State of Maryland in its 1996 lawsuit against major tobacco companies, which resulted in a multi-billion-dollar settlement. 

• Acquiring the Baltimore Orioles in 1993 as the principal owner, a move that shifted his focus into sports business. 

• Leveraging his litigation success, business acumen and civic engagement to build a multi-faceted professional legacy.

The Core Pillars of Peter Angelos’s Wealth

The significant accumulation of Angelos’s net worth stems from several distinct yet interconnected avenues:

In short: his legal victories generated substantial capital, which he then deployed into sports and other assets.

Relationships & Family Life

Peter Angelos married Georgia Kousouris in 1966. The couple had two sons: John and Louis.  John Angelos went on to serve in executive roles at the Orioles and the Mid-Atlantic Sports Network (MASN).

Key insights into Peter Angelos’s relationships and personal life:

• A marriage spanning decades (since 1966) that linked his personal life directly to his business journey.

• His sons assumed increasing operational responsibility in his later years — particularly John as the Orioles’ control person and Louis at the law firm. 

• Family governance issues surfaced publicly: in 2022, a legal dispute between sons John and Louis centered on control of assets and ownership stakes. 

Lifestyle, Assets & Interests

Beyond legal triumphs and sports ownership, Angelos led a lifestyle reflecting both passion and purpose, including:

• Ownership of Ross Valley Farm (a 237-acre thoroughbred horse-breeding operation in Baltimore County). 

• Real-estate holdings: He acquired downtown Baltimore’s One Charles Center, which became headquarters of his law firm. 

• Philanthropy: Significant donations to the University of Baltimore, including a gift of $5 million and later $10 million toward the John & Frances Angelos Law Center. 

• A strong interest in his Greek heritage: his parents immigrated from Karpathos, Greece, and he remained involved in Greek-Orthodox community institutions. 

Net Worth Breakdown & Analysis

Peter Angelos’s net worth has been assessed by several outlets. While exact current figures vary, historically the estimates cluster around $2 billion. 

Here is a breakdown of the major components:

Analysis: The lion’s share of Angelos’s wealth derived from his legal practice — especially contingency-based litigation which yielded outsized returns for large-scale cases. His diversification into sports ownership amplified both his business profile and asset base. The consistent theme: leveraging one domain (law) to fund and shape another (sports/business).

Public Image, Legacy & Influence

Peter Angelos’s public image is shaped by two major dimensions: his reputation as a “champion of the little guy” through litigation, and his contentious yet enduring tenure as a sports-team owner.

• As a lawyer, he was lauded for representing workers and state interests in complex litigation — building Mythos of the trial-lawyer who takes on large corporate defendants.

• As the Orioles owner, he gained praise for his commitment to Baltimore and the team, but also faced criticism for perceived micromanagement and team-performance issues. 

• His philanthropic work, especially in Baltimore and his Greek-American community, added to his public legacy of civic commitment.

• He influenced sports-business thinking: his ownership showed how a legal-industry fortune could transform into a sports-franchise platform.

In legacy terms, Angelos’s story is emblematic of the post-war American immigrant success narrative — from the son of Greek tavern-owners to billionaire attorney and baseball executive. His birthday (July 4), symbolically America’s national day, resonates with his personal narrative of opportunity and achievement.

Conclusion

Peter Angelos’s life story bridges law, business, sports and civic engagement. Born July 4, 1929, his birthday aligns with a spirit of American possibility. With an estimated net worth of approximately $2 billion, his wealth reflects decades of courtroom victories, strategic investments and sports-industry leadership. His relationships — a long-term marriage to Georgia Kousouris and two sons active in his enterprises — anchored his personal and professional worlds. Ultimately, the legacy of Peter Angelos is one of transformation: from neighborhood tavern worker to national litigation force, from local lawyer to Baltimore Orioles principal owner, and from immigrant-family roots to national recognition. His story offers an inspiring blueprint of ambition, tenacity and impact.