10 Richest Doctors in the World: It may surprise you to learn that more than 2000 physicians are multimillionaires. Contrary to popular belief, there are now a lot of wealthy doctors. A career in medical science can be quite profitable. The majority of the top 10 wealthiest doctors in the world in 2024 will have opulent lifestyles, as you can see from their list.
These doctors have become self-made millionaires by using their knowledge and abilities to amass wealth beyond their wildest dreams. They disseminate their knowledge to the global community as well.
Top 10 Richest Doctors in the World 2024
When it comes to medical professionals, there are countless success tales. This is a list of the world’s top paid doctors along with an estimate of their net worth.
| Rank | Name of the doctor | Net Worth |
| 1 | Dr. Thomas Frist Jr. | $22.4 Billion |
| 2 | Dr. Patrick Soon-Shiong | $6.1 Billion |
| 3 | Dr. Wu Yiling | $3.2 Billion |
| 4 | Dr. Phillip Frost | $1.9 Billion |
| 5 | Dr. Gary Michelson | $1.8 Billion |
| 6 | Dr. Phil McGraw | $460 Million |
| 7 | Dr. James Andrews | $100 Million |
| 8 | Dr. Leonard Hochstein | $90 Million |
| 9 | Dr. Terry Dubrow | $70 Million |
| 10 | Dr. Garth Fisher | $15 Million |
1. Dr. Thomas F. Frist Jr. – $22.4 Billion
Specialty – Surgeon
HCA Healthcare was founded by Dr. Thomas F. Frist Jr., a philanthropist and successful businessman. On August 12, 1938, he was born in Nashville, Tennessee. Dr. Frist has held numerous positions on medical boards and committees and is a well-known personality in the healthcare sector.
He is the brother of former Senate Majority Leader Bill Frist, a well-known physician. As the creator of the United Way Alexis de Tocqueville Society, Dr. Frist also has a significant influence on American healthcare policy. He currently holds the title of richest person in Tennessee and is ranked 35th out of 400 people by Forbes.
- Nationality – American
- Date of birth – 12th August 1938
- Education – BA (Vanderbilt University), MD (Washington University in St. Louis)
- Career Highlights – Co-Founder of HCA Healthcare
2. Dr. Patrick Soon-Shiong – $6.1 Billion
Specialty – Transplant Surgeon
The millionaire physician Dr. Patrick Soon-Shiong is renowned for his contributions to medicine. He has become extremely wealthy as a result of the numerous successful businesses he has launched.
On Forbes’ list of the richest people, Soon-Shiong has consistently ranked in the top tier. He is renowned for having made numerous contributions to medicine, one of which being the creation of Abraxane. In addition, he has developed methods for pancreatic islet transplants. During the Japanese occupation of South Africa in World War II, his parents, who were Chinese nationals, moved there.
In addition, Dr. Patrick is well-known for his charitable contributions, which include a sizeable cash contribution to support organ transplant research. With an estimated net worth of $7.8 billion, he is among the wealthiest individuals in the United States.
- Nationality – American
- Date of birth – 29th July 1952
- Education – MBBCh (University of the Witwatersrand), MS (University of British Columbia)
- Career Highlights – Inventor of Abraxane, Developer of transplant techniques for pancreatic islets
3. Dr. Wu Yiling – $3.2 Billion
Specialty – Chinese Medicine
The wealthiest physician in China, Dr. Wu Yiling, was awarded the 2015 “Nobel Prize for Medicine.” Her life’s work has been to serve others and succeed in the medical industry. Numerous patients vouch for him as one of the top practitioners of Chinese medicine. He is currently in charge of Yiling Pharmaceutical, which his father started.
He has almost thirty years of experience in the pharmaceutical industry. Because he is passionate about public health, Dr. Wu Yiling is also active with several charitable organizations that provide financial support to individuals who are struggling to pay for medical expenses.
- Nationality – Chinese
- Year of birth – 1949
- Education – Graduation from Hebei Medical University and Nanjing University of Chinese Medicine
- Career Highlights – Nobel Prize for Medicine in 2015, Head of Yiling Pharmaceutical
4. Dr. Phillip Frost – $1.9 Billion
Specialty – Dermatology
Rich physician Dr. Phillip Frost serves as CEO of OPKO Health, a company that studies and creates medications for illnesses like cancer. Since the 1960s, he has practiced medicine and collaborated with numerous esteemed institutions.
When Frost and Michael Jaharis acquired Key Pharmaceuticals in 1972, they leaped to the pharmaceutical industry. Dr. Frost is a well-known philanthropist as well. His family currently provides scholarships for STEM (science, technology, engineering, and mathematics) advanced study at the University of Oxford. Students from Israel and Florida are eligible to apply for these scholarships.
- Nationality – American
- Year of birth – 1936
- Education – BA (University of Pennsylvania), MD (Albert Einstein College of Medicine)
- Career Highlights – CEO and chairman of OPKO Health, Inc.
Doctors Day 2023: Date, History, Facts, Activities
5 Dr. Gary Michelson – $1.8 Billion
Speciality – Orthopedic Surgeon
Orthopedic surgeon Dr. Gary Michelson is a medical professional with experience in the US. His most well-known contributions to medicine are those about spinal surgery and the corresponding legal disputes.
For an astounding $1.35 billion, Michelson sold Medtronic some of his medical patents in 2005. As a result, he was listed among the Forbes 400. Throughout his career, he has been the recipient of numerous accolades, including being listed by numerous magazines as one of the top ten prominent figures in the health and fitness industry. He now assists individuals in getting better as soon as possible following operations and injuries.
- Nationality – American
- Date of birth – 14th January 1949
- Education – Temple University and Hahnemann Medical College of Drexel University
- Career Highlights – Multiple innovations for spinal surgery
6 Dr. Phil McGraw – $460 Million
Speciality – Mental Health
Renowned mental health expert Dr. Phil McGraw is best known for hosting the talk show Dr. Phil on CBS. In addition, he has penned over 40 best-selling books and has made numerous appearances on The Oprah Winfrey Show. He has dedicated his professional life to helping individuals from all walks of life as a psychologist.
He has over 17 years of experience in the mental health field and has helped many people with their individual challenges. Dr. Phil founded the telehealth business, which is an online platform that arranges virtual visits with a network of doctors and therapists.
- Nationality – American
- Date of birth – September 1, 1950
- Education – BA (Midwestern State University), MA & Ph.D. (University of North Texas)
- Career Highlights – Hosting the Talk Show Dr. Phil and founding “Telehealth”
7 Dr. James Andrews: $100 million
Specialty – Orthopedic Surgeon
The world’s best orthopedic surgeon, Dr. James Andrews, has assisted numerous athletes in getting back on their feet. In the field of sports medicine, he has been extremely influential. Hundreds of procedures have been completed by him, including ones on professional sportsmen like Triple H, Bo Jackson, and Drew Brees.
In the NBA playoffs, Michael Jordan tore his rotator cuff. Andrews was the physician who helped him heal from the injury. He has had a significant influence on the subject of sports medicine and is regarded as one of the most important individuals in the industry.
- Nationality – American
- Date of birth – 2nd May 1942
- Education – BS and MD (Louisiana State University)
- Career Highlights – Performing surgeries on many high-profile athletes
8. Dr. Leonard Hochstein – $90 Million
Specialty – Breast Augmentation Surgeries
One of the most well-known celebrity plastic surgeons in the world is Dr. Leonard Hochstein. In addition to helping numerous additional women in need of breast reconstruction, Dr. Hochstein has already completed thirty thousand breast surgeries.
Dr. Hochstein just established the Dr. Leonard Hochstein Scholarship for Future Doctors of America. The purpose of this scholarship is to give money to students pursuing medical studies.
- Nationality – American (Born in Russia)
- Date of birth – 18th June 1966
- Education – Doctor of Medicine (Louisiana State University Medical Center)
- Career Highlights – Performed more than 30000 breast augmentation surgeries so far
9. Dr. Terry Dubrow – $70 Million
Speciality – Plastic Surgery
Leading plastic surgeon Terry Dubrow is also a TV personality. Thanks to his roles in Botched, The Swan, and The Real Housewives of Beverly Hills, Terry has been in the public eye for more than 18 years. Thousands of people have benefited from his work by feeling better about themselves.
The “Dubrow Diet” is a fad diet that Dubrow and his wife are well-known for pushing. This diet’s foundation is an intermittent fasting pattern.
- Nationality – American
- Date of birth – 14th September 1958
- Education – MMS (Yale University), MD (Los Angeles School of Medicine, University of California)
- Career Highlights – Attracting Mass Attention towards plastic surgery through TV
10 Dr. Garth Fisher – $15 Million
Speciality – Plastic Surgery
Among the most well-known physicians in the country is Garth Fisher. Numerous people with a variety of medical conditions have benefited from his work and research. During the 2002 season of Extreme Makeover, Fisher became the first physician.
A reality show called Extreme Makeover assists those in need of significant bodily modifications. In addition, Garth Fisher has been in numerous additional TV series.
- Nationality – American
- Date of birth – 1st September 1958
- Education – University of California, Irvine
- Career Highlight – 1st Doctor ever to get selected for the ABC television show Extreme Makeover
Frequently Asked Questions
What kind of doctors are the wealthiest?
In general, the wealthiest doctors are orthopedic and neurosurgeons.
What kinds of doctors are the rarest?
Among the rarest medical specialties are podiatrists and sleep medicine specialists.
Will working in medicine be profitable in the United States?
In response, sure. Reports indicate that within the next 12 years, there will be a 37,800–124,000 physician shortage in the United States.
Which medical specialty is thought to be the greatest for female students?
A gynecologist, please.
