The 20 Richest Doctors in the World
The 20 Richest Doctors in the World.
Doctors have always maintained the reputation of being a good catch for woman and wealthy. Although many of them have medical school loans and bills upwards of hundreds of thousands of dollars, they get that return on investment with high salaries. Of course after medical school is when the hard work actually begins by working long hours and treating many patients per day. Although not every doctor is a good catch and wealthy, it is definitely true for the following list of the 20 richest doctors in the world. The net worth of these doctors take the high paying salary to the extreme, but most made their money in other fields and business endeavors than practicing medicine.
Patrick Soon Shiong
As the richest doctor on earth, Patrick Soon Shiong is a doctor turned entrepreneur turned philanthropist who is worth close to $12 billion. He made his fortune transforming cancer treatments. Luckily, with these vast wealth, he has put his money to good use by investigating the rising costs of health care and funding children’s hospitals around the world for improved equipment, medicines, treatments and talented nurses and doctors.
His first gig as a doctor was as an air force surgeon. He then moved on to collaborating with his father to develop a hospital conglomerate. The company makes more than $29 billion per year purchasing and then selling hospitals. As a result of the continued success of his business, Thomas Frist has a net worth of more than $7 billion. His successful career, with whatever he touches, has earned him the United Way Lifetime Achievement Award as well as an induction into the Healthcare Hall of Fame.
Although he has never practicedmedicine, Dr. Phillip Frost received a doctorate in medicine prior to teaching dermatology to aspiring doctors. Later in life, he founded a pharmaceutical company known as Ivax which was then sold for a staggering $7.8 billion. After the sale, Frost joined the Board of Directors at Teva Pharmaceuticals. The sale of his company along with his work with Teva Pharmaceuticals has yielded a new worth of around $3.8 billion.
With a family line consisting of many generations of doctors, Wu Yiling practiced Chinese medicine for 11 years prior to making his considerable wealth. In 1992, Yiling founded a pharmaceutical company and currently sells herbal medicines for numerous ailments. This self-made doctor is doing extremely well for himself with a net worth of $1.7 billion. Apparently his Ancient Chinese herbal medicines are selling very well to the mass public.
Best known for his ingenuity with over 250 patents for orthopedic devices and medical instruments and procedures, Gary Michelson earned his $1.55 billion following a legal settlement with medical device company Medtronic with regards to his patents. Now he has created the Michelson prize in an effort to develop a method of sterilizing dogs and cats without surgery and is an overall strong advocate for animals.
During her career, Dermatologist, Kathy Fields, decided to collaborate with another skilled dermatologist, Katie Rodan to launch an innovative skincare company known as Rodan and Fields. The company is best known for its Proactiv Solution which helps eliminate acne and is endorsed by a variety of celebrities. Rodan and Fields sells their products directly to consumers and have experienced a growth of over 70-percent since last year. The company is planning on expanding globally and the business partners have written two books as well as being featured in magazines and on television. Kathy is worth an estimated $320 million.
The other half of the Rodan and Fields team is Katie Rodan who, with the help of Kathy Fields, has launched a multi-million dollar skincare company that has exploded in popularity over the past several years. Their consultants sell directly to the consumers which has had a significant impact on the success of the company. Like her business partner Kathy Fields, Katie Rodan also has an estimated net worth of $320 million.
Although a different type of doctor than the others who are on this list, Dr. Phill has an annual salary of $80 million equating to a net worth of around $280 million. As a television personality, he has certainly utilized his degree after college. Dr. Phil’s degree is in psychology which initially gave him a respectable career as a psychologist thus leading to a variety of appearances on The Oprah Winfrey Show. This led to his own daytime talk show helping guests with their problems. The Dr. Phil Show has become one of the top daytime television programs currently on the air.
As one of the only doctors on this list who has made his wealth solely as a practicing doctor, James Andrews is the number one choice for athletes in all sports. At the Andrews sports medicine and Orthopaedic Center, he is the top surgeon and most desirable to worth with. Andrews is the team doctor for the Auburn Tigers, Alabama Crimson Tide and Washington Redskins. Sources cannot seems to agree on his exact net worth showing a range between $10 million and $100 million. Nevertheless, is the first doctor that athletes visit when they need to get back on their feet quickly and to receive the best care available in the United States. Andrews received his medical degree from Louisiana State University and was also an athlete at the school. His residency was completed at Tulane Medical School with fellowships at the University of Lyon and the University Of Virginia School Of Medicine.
As one of the most sought after plastic surgeons in Orange County, California, Terry Dubrow has significantly grown in popularity as a result of television show appearances including the Real Housewives of Orange County and The Swan. Also, Dubrow co-starred with Paul Nassif on the show “Botched” and will be appearing with him again in the upcoming spin-off, “Botched by Nature.” Additionally, Dubrow has performed procedures in the reality show “Bridalplasty” which involves a group of women competing for a dream wedding and plastic surgery. With a waiting list for procedures at 6 months long, it is no wonder his net worth is more than $30 million and growing on a daily basis.
Another plastic surgeon who has crept well into the richest doctors list is Leonard Hochstein. With an estimated net worth of over $20 million, he is considered to be one of the top plastic surgeons in Miami. Specializing in breast enhancements, Hochstein has made a killing from those now perfect beach bodies that roam Miami Beach. He specializes in breast surgeries, face lifts, body contouring and variety of other aesthetic procedures. Born in June 1966 in Moscow, he moved to the United Sates when he was a child and attended all schooling here. Hochstein has over 10,000 surgeries under his belt across his entire career. His wife was recently named to be on The Real Housewives of Miami television show which means he will certainly make an appearance at some point.
Best known for his television and radio shows, Dr. Drew is a board certified internist and addition medicine professional. He currently hosts “Loveline” a radio talk show discussing relationships and is the star and producer of the VH1 show, “Celebrity Rehab” in which he helps celebrities recover from addictions. There have also been a variety of spin-offs from Dr. Drew’s show that he has been managing. In addition to these shows, he is a private practitioner located in Pasadena, California and is worth an estimated $20 million.
Robert Rey is another plastic surgeon that perfectly fits the stereotype of this type of doctor making a lot of money. With over 100 television appearances, the most popular being Dr. 90210, Rey is well-known throughout the inner circles of Beverly Hills as being one of the best plastic surgeons in the world. Born in Sao Paulo, Brazil, his family relocated to the United States when he was only 12. No long after, his parent divorced and he was adopted into a strict Mormon family in Utah. He describes his biological father as being a monster and was happy to leave that situation. Currently, Rey is a medical correspondent for NBC4 News and The Insider. Previously, he was a medical consultant in the film Se7en and is actually a member of the Screen Actors Guild. As a result of his fame and steady hand, Rey is currently worth an estimated $15 million.
Along with Paul Nassif, Garth Fisher shares the Beverly Hills plastic surgery spotlight by making a name for himself in a plastic surgeon’s dream city. Fisher used to be the primary plastic surgeon on ABCs Extreme Makeover but has since transitioned into being the plastic surgeon of choice for wealthy and celebrity clients. Worth around $15 million, apparently the rich and famous have paid him handsomely for his services. Fisher specializes in nose, face and breast plastic surgery and is considered to be one of the best in his field. Fisher was also listed in the Castle Connolly Directory of America’s Foremost Surgeons. This is a feat that less than 1-percent of all surgeons have achieved.
As another doctor that came up through the television ranks as a result of the Oprah Winfrey Show, Dr. Oz is a cardiothoracic surgeon that has become famous because of his books and own television show. Dr. Oz is best-known for providing unusual cures to common illnesses and medical problems on the air and has certainly created controversy. Fortunately for the good doctor, controversy pays very well, especially on television. His estimated net worth is hovering around $14 million.
Paul Nassif, another Beverly Hills plastic surgeon, adds to the growing list of multi-millionaire plastic surgery doctors from 90210. Known all across the globe for his nose crafting capabilities to give clients the perfect nose and his innovative techniques, Nassif has numerous high profile clients that contact him first if they want to get a nose job. Nassif has perfected the surgery to fix what he calls, “The Ethnic Nose.” He also recently invented a new face-life method that does not leave a single scar. His initial claim to fame was on a variety of reality shows and hosted a show called “Botched!” which highlights botched surgeries. Later in 2016, he will be hosting a spin-off to the show. Since he spends his days up to his nose in noses, Nassif is worth an estimated $14 million.
In addition to being one of the Republican front runners during the Presidential race of 2016, Ben Carson is a well-known writer and neurosurgeon. One of his greatest accomplishments was separating conjoined twins who were physically connected at the head. He has also written a variety of popular books. In 2013, Carson decided to retire from surgery and thought he would try his hand at politics. His estimated net worth is currently around $10 million.
After first appearing on The Bachelor reality show, Doctor Travis Stork became a regular on the Dr. Phil show as a health and fitness expert. In 2007, he really caught a big break when Stork was chosen to host The Doctors, a popular television show that has skyrocketed his net worth to over $8 million. Stork has been with the show ever since.
Although most only know Ron Paul as a politician, he is also a physician that has been practicing medicine since 1963 and specializes in obstetrics and gynecology. Paul has twice been a Republican candidate in the Presidential Nomination and was once a candidate for the Libertarian party. Due to his medicinal and political successes, Paul is worth approximately $5 million.
As a successful neurosurgeon, Sanjay Gupta has an excellent eye and extensive passion for medicine and the news that companies the industry. In addition to his practice, Gupta is a highly respected journalist who regularly reports on CNN and, is so good at his field, was the United States Surgeon General position by President Barack Obama. However, given that Gupta is a dedicated family man, he turned down the job to focus on his family and continuance of his career. He is currently worth around $4.5 million.