High Net Worth Physicians

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High Net Worth Physicians

Doctors have long been thought to be a good catch for wealthy women. Despite the fact that many of them have medical school loans and bills in the hundreds of thousands of dollars, they get a good return on investment in the form of high salaries. Of course, after medical school, the real work begins, with long days and treating a large number of patients per day. Although not every doctor is a good catch and wealthy, the following list of the world’s richest doctors is unquestionably true. The net worth of these doctors exceeds the high paying salary, but the majority made their money in other fields and business ventures such as real estate rather than practicing medicine. We’ll look at wealthy doctors who have made most of their money through real estate investments.

HIGH NET WORTH PHYSICIANS

1) Patrick Soon Shiong

Patrick Soon Shiong, the richest doctor on the planet, is a doctor turned entrepreneur turned philanthropist worth nearly $12 billion. He made a fortune by revolutionizing cancer treatments. Fortunately, he has put his vast fortune to good use by researching rising health-care costs and funding children’s hospitals around the world for improved equipment, medicines, treatments, and talented nurses and doctors.

Patrick Soon-Shiong, a billionaire, and his longtime former actress wife Michele Chan, are huge real estate ballers. They are, however, more subdued about it. Their names will not be found in any public record databases. The couple has used dozens of LLCs and blind trusts to conceal their activities.

2) Thomas Frist

His first job as a doctor was as an air force surgeon. He then worked with his father to create a hospital conglomerate. The company earns more than $29 billion per year by purchasing and then selling hospitals. Thomas Frist’s net worth exceeds $7 billion as a result of his company’s continued success. His successful career in whatever he touches has earned him the United Way Lifetime Achievement Award as well as induction into the Healthcare Hall of Fame.

3) Paul Nassif

Paul Nassif, another Beverly Hills plastic surgeon, joins the growing list of multi-millionaire plastic surgeons from 90210. Nassif is well-known all over the world for his nose-crafting abilities and innovative techniques, and he has a slew of high-profile clients who come to him first when they need a nose job. Nassif has perfected surgery to correct what he refers to as “The Ethnic Nose.” He also recently invented a new face-life method that leaves no scars. His first claim to fame was on a number of reality shows, and he hosted a show called “Botched!” that featured botched surgeries. Nassif’s net worth is estimated to be $14 million.

Dr. Paul Nassif, a botched surgeon, is applying his reconstruction skills to the world of real estate. The famous plastic surgeon, 58, has officially listed the luxurious home he’s been building in Bel Air. Despite the fact that it is not yet finished, the spectacular property is already on the market for a cool $32 million.

4) Ron Paul

Although most people only know Ron Paul as a politician, he is also a physician who has been practicing medicine since 1963 and specializes in obstetrics and gynecology. Paul has twice run for the Republican presidential nomination and once run for the Libertarian party. Paul is worth approximately $5 million as a result of his medical and political successes.

According to reports, members of Congress invest 20% of their money in real estate. Furthermore, according to reports, these individuals hold approximately 10% of their investments in cash. When we look at how Ron Paul invests his money, we notice some similarities. For example, Ron Paul has approximately 14 percent of his wealth in cash and 21 percent in real estate.

5) Gary Michelson

Gary Michelson is in his late 60s and lives in Los Angeles, California. His wife and he have one child. Gary received his bachelor’s degree from Temple University and his doctorate from Hahnemann Medical College.

Gary is a former orthopedic and spinal surgeon who has turned inventor. He would eventually become a businessman, an investor, and a philanthropist. In 2005, he reached a $1.35 billion settlement with Medtronic, the medical device behemoth, after years of legal wrangling over his patents. Gary is the owner of over 250 US patents for medical devices and procedures.

He has amassed a fortune and has invested it in real estate, timber, energy, and securities, among other things.

6) Sanjay Gupta

Sanjay Gupta, a successful neurosurgeon, has an excellent eye and a deep passion for medicine and the news that affects the industry. In addition to his practice, Gupta is a highly respected journalist who regularly reports on CNN and was appointed by President Barack Obama to the position of United States Surgeon General. However, because Gupta is a dedicated family man, he declined the job to focus on his family and the continuation of his career. He is currently worth approximately $4.5 million.

7) Ben Carson

Ben Carson is a well-known writer and neurosurgeon, in addition to being one of the Republican front runners in the 2016 presidential election. One of his most notable achievements was separating conjoined twins who were physically connected at the head. He has also written a number of well-known books. Carson decided to retire from surgery in 2013 and decided to try his hand at politics. His net worth is currently estimated to be around $10 million.

8) Dr. Oz

Dr. Oz is a cardiothoracic surgeon who has become famous due to his books and own television show, and he is another doctor who rose through the television ranks as a result of the Oprah Winfrey Show. Dr. Oz is best known for providing unusual cures for common illnesses and medical problems on television, and he has certainly sparked debate. Fortunately for the good doctor, controversy pays well, particularly on television. His net worth is estimated to be in the $14 million range.

9) Garth Fisher

Garth Fisher, like Paul Nassif, has made a name for himself in 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 ABC’s Extreme Makeover, but she has since evolved into the plastic surgeon of choice for wealthy and celebrity clients. Apparently, the rich and famous have paid him handsomely for his services, as he is worth around $15 million. Fisher is a nose, face, and breast plastic surgeon who is widely regarded as one of the best in his field. Fisher’s name was also included in the Castle Connolly Directory of America’s Leading Surgeons. This is a feat accomplished by less than 1% of all surgeons.

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Get More CRE
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About Us

MarketSpace Capital, LLC is a Houston, Texas-based private equity real estate development firm focused on ground up developments and value-add investments throughout the United States.

Contact Us

Find Us

Headquarters

9100 Southwest Freeway, Suite 201 Houston, Texas 77074

Disclaimer: The information presented in this report, blog, or article is intended for informational purposes only and should not be interpreted as an invitation or solicitation to buy or sell securities or to engage in any investment or decision-making process. This communication serves as educational content and not as financial advice.