As of 2023, the medical field has become one of the most lucrative industries in the world, with many physicians and surgeons amassing vast wealth through their practices and investments. From inventing life-saving medical devices to founding pharmaceutical companies, these doctors have significantly contributed to medicine and achieved impressive financial success.
In this context, the list of the top 10 richest doctors in the world for 2023 includes individuals from different medical fields, ranging from surgeons to psychiatrists, and their net worth ranges from billions to hundreds of millions of dollars.
The medical profession is one of the most lucrative fields in the world, with doctors earning substantial salaries for their expertise and hard work. In this article, we will look at the top 10 richest doctors in the world for the year 2023.
These doctors have excelled in their medical profession and made a fortune from their investments and entrepreneurial ventures. From cardiologists to neurosurgeons, these medical practitioners have made a name for themselves and amassed incredible wealth through their dedication and hard work. So, let’s delve into the world of medicine and explore the top 10 richest doctors in the world for 2023.
Thomas Frist Net Worth and Biography
Thomas F. Frist Jr. was born in Nashville, Tennessee on August 12, 1938. He is an American billionaire businessman, philanthropist, and co-founder of the Hospital Corporation of America (HCA).
Thomas Frist Jr.’s net worth was estimated to be over $11 billion, making him one of the richest doctors in the world. He has received numerous awards and honours throughout his career, including the National Healthcare Leadership Award from the National Center for Healthcare Leadership in 1999, the Gold Medal Award from the American College of Healthcare Executives in 2000, and the National Human Relations Award from the American Jewish Committee in 2003.
Thomas Frist Jr. co-founded the Hospital Corporation of America with his father and Jack Massey in 1968. HCA became one of the largest private hospital chains in the world, with over 180 hospitals and 2,000 other healthcare facilities in the United States and abroad. Frist served as chairman and CEO of HCA until his retirement in 1997.
Frist is also a noted philanthropist, donating millions of dollars to various causes and organizations. He and his wife, Jan, established the Frist Foundation, which supports charitable causes in Nashville and beyond. He has also been involved with several educational institutions and medical research organizations, including the Vanderbilt University School of Medicine and the National Institutes of Health.
Patrick Soon Shiong’s Net Worth and Biography
Patrick Soon-Shiong is a South African-born American surgeon, entrepreneur, and philanthropist. He was born on July 29, 1952, in Port Elizabeth, South Africa. He is known for his work in biotechnology and is the founder of NantWorks, LLC, a conglomerate of healthcare and technology companies.
Patrick Soon-Shiong’s net worth was estimated to be over $15 billion, making him one of the richest doctors in the world. He has been named one of the “100 Most Powerful People in Healthcare” by Modern Healthcare magazine for several years.
Soon-Shiong is a graduate of the University of the Witwatersrand Medical School in Johannesburg, South Africa. He completed his surgical residency at the University of British Columbia in Vancouver, Canada, and later moved to the United States to continue his medical career.
In addition to his work in biotechnology, Soon-Shiong has also been involved in medical research and philanthropy. He founded the Chan Soon-Shiong Family Foundation, which supports a variety of causes related to healthcare, education, and the arts. He has also donated millions of dollars to support medical research, including cancer research, and has served on the boards of several medical research organizations and hospitals.
Soon-Shiong has received numerous awards and honours, including the National Library of Medicine’s Distinguished Medical Science Award and the Ellis Island Medal of Honor. Modern Healthcare magazine also named him one of the “50 Most Influential Physician Executives in Healthcare” in 2017.
Phillip Frost’s Net Worth and Biography
Phillip Frost is an American physician, entrepreneur, and philanthropist. He was born on May 1, 1936, in Philadelphia, Pennsylvania. Phillip Frost’s net worth was estimated to be over $1 billion.
Frost received his medical degree from the University of Pennsylvania School of Medicine in 1961. He went on to work as a dermatologist and became known for his research on the treatment of psoriasis.
Frost also has a long history of involvement in the business world. He co-founded Key Pharmaceuticals in 1972 and served as its CEO until 1986. He later founded Ivax Corporation, a generic drug company, which he sold to Teva Pharmaceutical Industries for $7.4 billion in 2006. He has also served on the board of directors of several other companies.
In addition to his business career, Frost has been involved in philanthropy and has donated millions of dollars to support medical research, education, and other causes. He has served on the board of trustees of the University of Miami and has helped several research institutions, including the Scripps Research Institute and the Mayo Clinic.
Frost has received numerous awards and honours, including the Ernst & Young Entrepreneur of the Year Award and the American Academy of Dermatology’s Presidential Citation. He has also been inducted into the National Inventors Hall of Fame.
Gary Michelson’s Net Worth and Biography
Gary Michelson is an American inventor, surgeon, and philanthropist. He was born on January 14, 1949, in Philadelphia, Pennsylvania. Gary Michelson’s net worth was estimated to be over $1 billion.
Michelson is best known for his inventions in the field of spinal surgery. He holds over 950 patents related to spinal surgery devices and techniques. He has also been involved in various philanthropic endeavours, particularly in animal welfare and education.
Michelson attended Haverford College and received his medical degree from Hahnemann Medical College (now part of Drexel University) in Philadelphia. He later completed his residency in orthopaedic surgery at the University of California, Los Angeles (UCLA).
In addition to his work in spinal surgery, Michelson has been involved in various business ventures, including creating several medical device companies. He has also served on the boards of several organizations, including the National Science Foundation and the California Institute for Regenerative Medicine.
Michelson is a noted philanthropist who has donated millions to support animal welfare and education. He founded the Michelson Medical Research Foundation and the Michelson 20MM Foundation, which supports various educational initiatives, including online learning platforms and initiatives to promote innovation in education.
Michelson has received numerous awards and honours, including the National Medal of Technology and Innovation and the UCLA Medal, the university’s highest honour. He has also been inducted into the National Inventors Hall of Fame.
James Andrew’s Net Worth and Biography
Dr James Andrew is a renowned name in the field of orthopaedic surgery. Born on July 14, 1942, he dedicated his life to the betterment of athletes by treating their sports injuries. With over four decades of experience, Dr Andrew has carved a niche for himself as one of the best in his profession. He is known for his innovative surgical techniques that have revolutionized treating sports injuries.
Besides his exceptional skills and expertise, Dr James Andrew has received numerous awards and accolades for his contributions to medicine. In 1993, he was awarded the O’Donoghue Sports Injury Research Award for researching shoulder instability in football players. In addition to this, he was honoured with the American Orthopaedic Society for Sports Medicine’s Mr Sports Medicine award in 2006.
Despite being in his late seventies now, Dr James Andrews continues to work tirelessly towards treating athletes and helping them get back on their feet after an injury. His dedication towards improving patient care has earned him worldwide recognition and a net worth estimated at 100 million dollars as per current records, making him one of the most successful orthopaedic surgeons today.
Terry Dubrow’s Net Worth and Biography
Terry Dubrow is an American plastic surgeon and television personality. He was born on September 14, 1958, in Los Angeles, California, USA.
Terry Dubrow’s net worth was estimated to be around $50 million.
Dubrow received his medical degree from the UCLA School of Medicine and completed his general and plastic surgery residency at the University of Southern California (USC). He later founded the Dubrow Plastic Surgery Center in Newport Beach, California, specialising in breast and facial surgery.
Dubrow is also known for his appearances on several television shows, including “The Swan,” “Botched,” and “Botched by Nature.” He is a co-host of the daytime talk show “The Doctors.”
In addition to his work in plastic surgery and television, Dubrow has authored several health and wellness books. He is a member of several professional organizations, including the American Society of Plastic Surgeons and the American Society for Aesthetic Plastic Surgery.
Dubrow has received several awards throughout his career, including the Patient’s Choice and Top Doctors Award from the Orange County Medical Association. He has also been named one of the “Top Plastic Surgeons in America” by the Castle Connolly Medical Guide.
Leonard Hochstein’s Net Worth and Biography
Leonard Hochstein is an American plastic surgeon and television personality. He was born on June 18, 1966, in Moscow, Russia. Leonard Hochstein’s net worth was estimated to be around $20 million.
Hochstein received his medical degree from the University of Alabama School of Medicine and completed his residency in plastic surgery at the University of Texas Southwestern Medical Center. He later founded the Hochstein Medspa in Miami, Florida, specialising in breast augmentation and body contouring.
Hochstein is also known for appearing on the reality television show “The Real Housewives of Miami.” He is married to Lisa Hochstein, a former show cast member.
In addition to his work in plastic surgery and television, Hochstein has also been involved in several philanthropic endeavours, particularly in education and health. He has supported various organizations, including the University of Alabama School of Medicine and the Make-A-Wish Foundation.
Hochstein has received several awards throughout his career, including the Patients’ Choice Award and the Compassionate Doctor Recognition Award from Vitals.com. He has also been named one of the “Top Plastic Surgeons in America” by the Castle Connolly Medical Guide.
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Kathy Fields’ Net Worth and Biography
Kathy Fields is an American dermatologist and entrepreneur. She was born on November 15, 1953, in San Francisco, California, USA. Kathy Fields’ net worth was estimated to be around $1.5 billion.
Fields received her medical degree from the University of Miami School of Medicine and completed her residency in dermatology at Stanford University Medical Center. She later co-founded the skincare company Rodan + Fields with her business partner, Dr Katie Rodan.
Rodan + Fields initially started as a department store brand but eventually transitioned to a direct-to-consumer business model. The company offers a range of skincare products and has been highly successful, becoming one of the fastest-growing companies in the beauty industry.
In addition to her work with Rodan + Fields, Fields is also an active philanthropist, supporting various causes such as education and women’s health. She has also served on the board of directors for several organizations, including the American Heart Association and the San Francisco Museum of Modern Art.
Fields has received several awards throughout her career, including the Women in Business Award from the San Francisco Business Times and the Ernst & Young Entrepreneur of the Year Award. She has also been named one of the “Most Influential Women in Business” by the San Francisco Business Times.
Dr. Phil’s Net Worth and Biography
Dr. Phil, whose real name is Phillip Calvin McGraw, is an American television personality, author, and psychologist. He was born on September 1, 1950, in Vinita, Oklahoma, USA. Dr. Phil’s net worth was estimated to be around $460 million.
Dr. Phil received his Ph.D. in psychology from the University of North Texas and later became a licensed psychologist. He first gained national attention as a regular guest on “The Oprah Winfrey Show” in the late 1990s, where he discussed various topics related to psychology and self-help.
In 2002, Dr. Phil launched his television show, “Dr. Phil,” which focuses on relationships, mental health, and addiction. The show has been highly successful and has won several Emmy Awards.
In addition to his work in television, Dr. Phil has authored several self-help books, including “Self Matters” and “Life Strategies.” He is also the founder of the Dr. Phil Foundation, which supports various charitable organizations such as the National Council on Alcoholism and Drug Dependence.
Dr. Phil has received several awards, including a Hollywood Walk of Fame star and the Texas Medal of Arts Award. He has also been named one of Time magazine’s “100 Most Influential People in the World.”
Dr. Drew’s Net Worth and Biography
Dr. Drew Pinsky, commonly known as Dr. Drew, is an American internist, addiction medicine specialist, and media personality. He was born on September 4, 1958, in Pasadena, California. Dr. Drew’s net worth was estimated to be around $20 million.
Dr. Drew received his medical degree from the University of Southern California School of Medicine and completed his residency at Huntington Memorial Hospital in Pasadena. He later became board-certified in internal medicine and addiction medicine.
Dr. Drew gained national attention in the 1990s as the host of the radio show “Loveline,” where he provided advice on sex and relationships to callers. He later hosted several television shows, including “Celebrity Rehab with Dr. Drew” and “Dr. Drew on Call.”
In addition to his work in media, Dr Drew has been a practising physician for over 30 years. He is the Assistant Clinical Professor of Psychiatry at USC’s Keck School of Medicine. He serves as the Medical Director for the Department of Chemical Dependency Services at Las Encinas Hospital in Pasadena.
Dr. Drew has received several awards throughout his career, including the Larry Stewart Leadership and Inspiration Award from the Partnership for Drug-Free Kids and the Caron Foundation’s Trailblazer Award. He has also been named one of the “Top 10 Celebrity Doctors” by Forbes magazine.
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Who is the richest doctor in the world?
Dr. Patrick Soon-Shiong is considered the richest doctor in the world, with a net worth of $18 billion. He is a surgeon and entrepreneur who invented the cancer-fighting drug Abraxane, which he sold for $4.5 billion in 2010. In addition to his medical inventions and innovations, Dr. Soon-Shiong also owns a majority stake in the Los Angeles Lakers basketball team.
The second richest doctor in the world is Dr. Phillip Frost, who has a net worth of $4 billion. He made his fortune through pharmaceuticals and biotech companies, including IVAX Corporation, which he sold for $7.8 billion in 2006.
Other notable rich doctors include Dr. Wu Yiling from China, who has a net worth of $3 billion from his traditional Chinese medicine business, and Dr. Thomas Frist Jr., co-founder of HCA Healthcare with a net worth of $2.9 billion from his hospital empire that operates over 185 hospitals across America.
TClearly, these doctors have made significant contributions to the medical industry and leveraged their expertise and innovation to build successful businesses that have accumulated tremendous wealth over time.
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