Grab your medicine bag filled with cash because we have the richest doctors in the world. Sure, all doctors are pretty much rich. It’s not like there are many doctors walking around deciding whether to pay the light bill or the phone bill. Not that anyone I know has ever done that… I just saw it on an episode of Roseanne. I mean, don’t get me wrong I am totally broke; I just don’t pay for lights.
So, back to people who DON’T have to worry about money every day of their lives: doctors. Sure, they’ll tell you they have enormous loans from medical school–and maybe they do. But I have enormous loans too, and I make I think it’s technically called an “enth” of what they make–it’s actually too small an amount to record an actual digit.
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So, most doctors are rich–but who are the richest? Well, we have the list for you. You may also be interested in the 16 Best Paying Medical Specialties in America.
Well, for our list today, we had pretty straightforward criteria to follow. To be eligible for our list, they must be medical doctors, and for the rankings we must consider their net worth. Higher the net worth of an individual, the higher they will be placed on our list. Our top 6 entries come straight from the Forbes‘ list of billionaires of the world, as the top 5 doctors have a net-worth of over a billion dollars. The rest 6 whose worth is less than a billion dollars were picked from Celebritynetworth. Without further ado, let’s get started on the 11 richest doctors in the world.
11. Leonard Hochstein
Net worth: $20 Million
Dr. Leonard Hochstein is a renowned Miami-based plastic surgeon. He has been practicing for over 15 years, and as you can see have amassed quite a fortune. His specialties are breast enhancements, facial rejuvenation, body contouring, but he is also adept in performing various other types of medical producers as well. He was born in Russia, but he received his education here in the United States.
10. James Andrews
Net worth: $30 Million
If you are from Birmingham, Alabama then you are already aware of Dr. James Andrews. He is a renowned Orthopedic surgeon, who has amassed his fortune worth over $30 million through his practice there. His specialties are a knee, elbow, and shoulder injuries. He has also been credited with performing some of the earliest arthroscopies a very complex medical procedure in the early days. And, he is affiliated with various medical institutions, such as Andrews-Paulos Research & Education Institute and Andrews Institute for Orthopedics & Sports Medicine.
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9. Terry Dubrow
Net worth: $30 Million
Up next in our list of richest doctors in the world is Dr. Terry Dubrow that is an Oregon-based plastic surgeon, who has amassed his fortune through his practice. He has appeared in multiple TV shows on various TV channels, including FOX’s reality series, The Swan. During his time as a resident at UCLA medical school, he started gaining attention, and he later became the chief resident of general and plastic surgery there. The waiting list for Dr. Terry Dubrow is an estimated six months, and is still growing longer.
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8. Dr. Ben Carson
Net worth: $30 Million
Dr. Ben Carson is a neurosurgeon. As you can see, his net worth is $30 million. He is a Yale graduate, and he has acquired his medical degree from University of Michigan Medical School. Currently, he is working as a professor at University of John Hopkins University. He operates on roughly 300 children each year, previously he used to operate on 500 children. Dr. Ben Carson is well known for his work in pediatric neurosurgery, for being the recipient of Presidential Medal of Freedom, and for being an author of several bestseller books.
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7. Katie Rodan
Net worth: $320 Million
Dr. Katie Rodan is a graduate of University of Southern California School of Medicine. She is a dermatologist, however, her massive fortune did not come from practice. Rather from a highly successful company, Proactive Solution, which she co-founded along with her partner Kathy Fields. Dr. Katie Rodan is working as Adjunct Clinical Assistant Professor of Dermatology at Stanford University School of Medicine, while also running her own private practice.
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6. Kathy Fields
Net worth: $320 Million
Dr. Kathy Fields, the next one in our list of richest doctors in the world is a dermatologist, and the co-founder of Proactive Solutions along with our previous entry Katie Rodan. She is also estimated to have a net worth of $320 million. Dr. Kathy Fields is currently working as an assistant dermatology professor at the University of California, San Francisco, while also having her private practice. However, the majority of her wealth comes from Proactive Solutions.
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5. Dr. Wu Yiling
Net worth: 1.47 Billion
Up next in our list of richest doctors in the world is Dr. Wu Yiling who is a medical doctor, but he is known for his position as the chairman of Yiling Pharmaceutical, a China-based Pharmaceuticals giant. The bulk of his fortune comes from this company. With a net worth of 1.47 billion he is the fifth richest doctor in the world. Not bad at all!
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4. Gary Michelson
Net worth: 1.7 Billion
Dr. Gary Michelson, the next one in our list of richest doctors in the world is an orthopedic and spinal surgeon. He dedicated his entire life to medical science and has over 250 US patents for various medical devices and procedures. He achieved his billionaire status in 2005, when he finally came to a settlement with Medtronic for patents he invented. That landed him the fortune of $1.35 billion dollars. After that, he invested in various fields of business like, real estate, timber, energy, etc., and his business ventures have been successful so far.
3. Phillip Frost
Net worth: 3.7 Billion
Dr. Philip Frost’s 3.7 Billion net worth makes him the richest person in Florida. He graduated in French literature from the University of Pennsylvania. Then he went on to acquire an M.D. from the Albert Einstein College of Medicine. He along with his colleague bought Key Pharmaceuticals in the ’70s and sold it for a significant sum in the ’80s. After that, he was involved in several successful business ventures, that led to his huge fortune today.
2. Thomas Frist, Jr.
Net worth: 7.6 Billion
Dr. Thomas Frist Jr. ranks second in our list of richest doctors in the world. He is a medical doctor from Washington University. However, his massive fortune was made through Hospital Corp. of America that owns and operates about 165 hospitals and 115 freestanding surgery centers spread across 20 states in the country and also in London, UK. He also has business concerns in China. He may be a medical doctor, but he is well known for his successes as a businessman.
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1. Patrick Soon Shiong
Net worth: 8.3 Billion
Patrick Soon Shiong is the richest doctor in the United States, and also the entire world. He was born in South Africa to Chinese parents. But, he moved to America at the age of 27. By then he was a physician and after arriving, he joined UCLA faculty. He was a renowned surgeon during his time there, but he is well known for founding two drug companies Abraxis and American Pharmaceutical Partners. He sold these two companies later for a total of 9.1 billion dollars.
That was the list of 11 richest doctors in the world. Hopefully, you liked our article. If you did, then do leave us a comment and spread the word through social media.
