Top 10 Richest Doctors in the World in 2024

The medical profession is one of the most respected fields globally, and for some doctors, it has also been incredibly lucrative. In 2024, the list of the richest doctors is a blend of practitioners who have made their fortunes through clinical practice, medical innovations, business ventures, and media engagements. Here is an in-depth look at the top 10 richest doctors in the world in 2024.

Who are the Richest Doctors in the World in 2024?

1. Thomas F. Frist Jr. – $27.3 Billion

Specialty: Co-founder of HCA Healthcare
Nationality: American

Thomas F. Frist Jr. is not only the wealthiest doctor but also a prominent figure in the healthcare industry. He co-founded HCA Healthcare, a for-profit operator of health care facilities that has grown to become one of the largest hospital corporations in the world. His contributions to the medical field are substantial, revolutionizing healthcare delivery and management.

2. Patrick Soon-Shiong – $6.7 Billion

Specialty: Transplant Surgery and Cancer Research
Nationality: Chinese-South African

Patrick Soon-Shiong is renowned for his groundbreaking work in cancer treatment. He developed Abraxane, a drug used to treat lung, breast, and pancreatic cancer. Apart from his medical practice, he is also a successful entrepreneur and the founder of NantWorks, a network of healthcare, biotech, and artificial intelligence startups. His work continues to impact the medical and biotech industries significantly.

3. Wu Yiling – $2.2 Billion

Specialty: Chinese Medicine
Nationality: Chinese

Dr. Wu Yiling is a leading figure in Chinese medicine and the head of Yiling Pharmaceutical. His dedication to traditional Chinese medicine and its integration with modern medical practices has garnered him both wealth and recognition. His work in developing treatments for chronic diseases using Chinese herbal medicine has been widely acclaimed.

4. Phillip Frost – $1.9 Billion

Specialty: Dermatology
Nationality: American

Phillip Frost is a dermatologist and the CEO of OPKO Health, a company focused on diagnostics and pharmaceuticals. His career has been marked by significant achievements in the pharmaceutical industry, including the development of various medical products and treatments. He is also known for his philanthropic efforts, supporting numerous educational and health-related initiatives.

5. Gary Michelson – $1.8 Billion

Specialty: Orthopedic Surgery
Nationality: American

Gary Michelson made his fortune through innovations in spinal surgery. He holds over 950 patents for medical devices, instruments, and procedures that have transformed spinal surgery practices. In 2005, he sold many of his patents to Medtronic for $1.35 billion, cementing his status as one of the wealthiest doctors globally.

6. Kathy Fields – $500 Million

Specialty: Dermatology
Nationality: American

Kathy Fields is a dermatologist and co-creator of the Proactiv skincare line, which has been highly successful worldwide. Her contributions to dermatology and her entrepreneurial ventures in skincare have earned her a substantial fortune. Fields continues to innovate in skincare, helping millions manage their skin conditions effectively.

7. Phil McGraw – $460 Million

Specialty: Mental Health
Nationality: American

Popularly known as Dr. Phil, Phil McGraw is a psychologist and television personality. He gained fame through his appearances on “The Oprah Winfrey Show” and his own TV show, “Dr. Phil.” His success extends beyond television as he is also a bestselling author and the founder of a telehealth company, which provides virtual health consultations.

8. Mehmet Oz – $200 Million

Specialty: Cardiothoracic Surgery
Nationality: American-Turkish

Dr. Mehmet Oz is best known for his long-running television show, “The Dr. Oz Show,” where he discusses health and wellness topics. As a cardiothoracic surgeon, he has made significant contributions to medicine, but his media presence has significantly boosted his wealth. He also promotes various health initiatives and products.

9. Leonard Hochstein – $90 Million

Specialty: Plastic Surgery
Nationality: American (Born in Russia)

Leonard Hochstein is a renowned plastic surgeon specializing in breast augmentation. Based in Miami, he has performed over 30,000 breast surgeries. His reputation as a leading cosmetic surgeon has attracted a celebrity clientele, contributing to his wealth. He also established the Dr. Leonard Hochstein Scholarship to support aspiring medical students.

10. Terry Dubrow – $70 Million

Specialty: Plastic Surgery
Nationality: American

Terry Dubrow is a prominent plastic surgeon and television personality, known for his role on the TV show “Botched,” where he corrects plastic surgery procedures gone wrong. He also gained fame from his appearances on “The Real Housewives of Orange County” and “The Swan.” His media presence, combined with his medical practice, has made him one of the wealthiest doctors.

These doctors have not only excelled in their medical fields but also leveraged their expertise to build substantial fortunes. Their contributions to healthcare and medicine have had a lasting impact, benefiting countless individuals around the world.

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Source: Forbes