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    • $1.5 billion

      • Ruiz, who is also the co-owner of the Cigarette Racing Team speedboat company, was, for the first time, listed on Forbes annual list of billionaires earlier this year, with an estimated net worth of $1.5 billion.
      www.miamiherald.com › sports › college
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  2. www.forbes.com › profile › john-ruizJohn Ruiz - Forbes

    Apr 4, 2023 · Ruiz is CEO of LifeWallet and owns the majority of the $14.6 million (2021 revenue) company, which went public in a May 2022 SPAC deal with Lionheart Acquisition Corporation II.

  3. Jun 9, 2022 · With more than 2 billion of 3.2 billion total shares, Ruiz saw his net worth surpass $20 billion, on paper at least.

    • Who Is John Ruiz?
    • John Ruiz Net Worth
    • John Ruiz Nil Deals

    John Ruiz is, first, a Miami alum, which explains his affinity for Hurricanes athletics. After graduating from the university, he earned his juris doctor degree from Nova Southeastern University in Davie, Fla. According to his website, he has 30 years' experience as a lawyer, working "class action, mass tort litigation, MDL consolidated cases, medi...

    According to a 2021 report by Forbes, MSP Recovery was valued at $32.6 billionin a public acquisition by Special Purpose Acquisition Company Lionheart Acquisition Corp. II. Based on Bloomberg's report that Ruiz owns 65 percent of MSP Recovery, that would value his ownership of the company at roughly $19.56 billion at the time the deal went through,...

    Among the subsidiaries of the MSP Network is LifeWallet (of which Ruiz is also the founder and CEO). He has used that company to sign multiple Hurricanes athletes to NIL deals, including those on this year's men's basketball Final Four team. LifeWallet's site also includes dedicated NIL and players rights tabs. Per a November 2022 report by On3.com...

  4. Jul 14, 2021 · John H. Ruiz is on the cusp of a $23 billion fortune as his MSP Recovery enters into a merger with Lionheart Acquisition Corporation II, a $230 million special purpose acquisition company founded by a former Israel Defense Forces paratrooper who spent most of his career in real estate.

    • tmaloney38@bloomberg.net
    • Bloomberg News
  5. Apr 7, 2023 · Over the last year, the attorney and owner of Cigarette Racing has emerged as a leader in the NCAA's burgeoning NIL industry, reportedly investing around $12 million to $14 million in NIL...

  6. When attorney John H. Ruiz took his company public in 2022, the Miami entrepreneur promised that its software algorithms were so effective they could spot billions of dollars in improperly paid...

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