George Rawlings Death, Obituary – George Rawlings Death, Obituary – On Thursday, George Rawlings, the man who conceived of an idea that would eventually become a multibillion-dollar industry, passed away at a hospital in La Grange. He was 77. Around 1,600 people are employed by his company, the Rawlings Group, which relocated from Louisville to the community of La Grange in Oldham County in 2007. Their place of employment is a sprawling complex in the area.
According to his brother Carroll Rawlings, he was given a diagnosis of multiple myeloma, which is a type of blood cancer, eight years ago. In a profile published in 2018, the Courier Journal referred to Rawlings as a “bounty hunter” of the modern day and said that he is “probably the richest Kentuckian you’ve never heard of.”
George Rawlings made his fortune as the founder of a multibillion-dollar industry that searches for people who have received settlements or verdicts for injuries sustained as a result of car accidents and defective products, then recoups the money that their health insurance provider spent on their medical care. Rawlings’ industry searches for people who have received compensation for injuries sustained as a result of car accidents and defective products.
It was reported in 2018 by the Courier Journal that he and his wife, Beverly, split their time between a 180-acre farm in Oldham County and the most expensive waterfront condominium ever sold in Palm Beach, Florida. This condo sat approximately two miles from the Mar-a-Lago Club, which was owned by President Donald Trump at the time. Beverly was also quoted as saying that he and his wife split their time between the two properties.
Rawlings, who was the son of a minister, was also involved in polo, and he sponsored and played on a team that won an international award. The tax records of his foundation show that he and his company donated millions of dollars to evangelical causes as well as religious organizations, such as youth camps in thirteen underdeveloped countries and the late Reverend Jerry Falwell’s Liberty University, where the divinity school is named for the Rawlings family. His foundation also donated money to religious organizations.
In addition, he was a generous benefactor to local organizations and causes. For example, he gave $1 million to the Baptist Hospital in La Grange and $100,000 each to the city of La Grange and Oldham County when they were having difficulties with their budgets.
David Voegele, the Judge and Executive of Oldham County, characterized George as an outstanding figure in the community. “His generosity was wide and deeply felt. He was a gentle soul who was quiet and unassuming in his demeanor. The Rawlings Group, of which George Rawlings is the proprietor, was instrumental in the construction of the City Place convention center in La Grange.
March 19, 2018 La Grange According to Mayor John Black, he provided police cars to the various local governments and created a community and conference center in the downtown area known as CityPlace. A receptionist said on Friday that the location is no longer available for any weddings since it is not in keeping with the strict religious values that he has. Previously, the location had prohibited same-sex marriages and did not permit the use of alcoholic beverages.
Carroll Rawlings stated that staff were told of Rawlings’ death through email. According to Carroll Rawlings, Rawlings’ passing was not unexpected. Ryan Little, who had previously held the position of president, has been promoted to the position of CEO as part of a succession plan developed by Rawlings.
Unanticipated opportunities led to Rawlings’ success. When we met him in 1970, he was working as a court reporter for The Courier Journal and The Louisville Times and lived in a mobile home park in Louisville. His weekly salary was $150. Yet he was able to get through law school, and after working for other people in traditional law firms, he came up with the idea of subrogation, in which health care providers handed him 20% of what he collected. This idea led to the creation of the subrogation system.
It’s possible that ‘bounty hunter’ George Rawlings is the wealthiest Kentuckian you’ve never heard of. A previous colleague described him as having the appearance of “Zeus stepping down Mount Olympus” due to his height of 6 feet 3 inches and his flowing white hair. Along with Wes Unseld, he participated in the University of Louisville’s freshman basketball team.
Ex-employees of the Rawlings Group have described him as a compulsive workaholic and micromanager who directed corporate operations through the use of a comprehensive guidebook known as “The Rawlings Way.” Some have labeled the practice of subrogation as cruel since badly injured persons risk losing all or the majority of a compensation, which is money they were counting on to make up for lost wages or to compensate for their pain and suffering.
Rawlings has stated that the recoveries that his company obtained brought down the cost of health insurance.