FAQs
About 60% of physicians reported a net worth of $1 million in 2024, up just 1% from 2023. Even with medical school loans taken into account, six in 10 physicians have a net worth that exceeds that of the average American family.
What is the net worth of physicians in 2024? ›
About 60% of physicians reported a net worth of $1 million in 2024, up just 1% from 2023. Even with medical school loans taken into account, six in 10 physicians have a net worth that exceeds that of the average American family.
What is the highest paid doctor in the US? ›
A neurosurgeon is the highest-paid doctor on our list. Neurosurgery encompasses surgery of the brain, spinal cord/column, and peripheral nerves. Aspiring neurosurgeons must complete at least a seven-year residency. The average annual compensation for neurosurgeons is $763,908, putting them at the top of our list.
Is there a doctor who is a billionaire? ›
1. Thomas Frist Jr., MD. $26.6 billion net worth.
Who is the richest doctor in the world in 2024? ›
The 5 richest physicians of 2024
- Thomas Frist Jr., MD, $20.2 billion, founded Hospital Corp. ...
- Patrick Soon-Shiong, MD, $5.8 billion, was a practicing physician before inventing the cancer medication Abraxane.
- Gary Michelson, MD, $1.8 billion, is a retired orthopedic and spine surgeon who holds over 340 U.S. patents.
The 5 wealthiest women in healthcare, per Forbes
- Zhong Huijuan. Overall rank on Forbes' World's Billionaires list released April 2: 334. ...
- Massimiliana Landini Aleotti & family. Overall rank on Forbes' World's Billionaires list released April 2: 344. ...
- Ronda Stryker. ...
- Dona Bertarelli. ...
- Jian Yao.
The top specialty averages nearly $1 million a year
| Specialties | total income (including business and other) |
|---|
| Diagnostic radiology | $546,700 $546,700 $546,700 |
| Plastic and reconstructive surgery | $545,600 $545,600 $545,600 |
| Peripheral vascular disease | $543,000 $543,000 $543,000 |
| Medical oncology | $521,700 $521,700 $521,700 |
57 more rowsAug 4, 2023
Across the board according to the 2021 physician wealth report, 56% of physicians reported a net worth of over a million. Out of family physicians, the majority become millionaires by the age of 55, with only 11% having a net worth of a million before 45.
How rich is the average doctor? ›
Average physician compensation was $352,000 in 2022, up from $299,000 in 2018. About 59 percent of physicians reported family net worth exceeding $748,800 — the national average for an American family, according to the Federal Reserve. View the full report here.
What is the lowest paid doctor? ›
The lowest-paid physician specialties
- Diabetes and endocrinology specialists: $256,000.
- Pediatricians: $260,000.
- Infectious disease specialists: $261,000.
- Public health and preventive medicine specialists: $263,000.
- Family medicine specialists: $272,000.
- Internal medicine specialists: $282,000.
- Rheumatologists: $286,000.
The following are the highest paid doctor jobs in the order of increasing salaries:
- Cardiologist. ...
- Nephrologist. ...
- Orthopaedic Surgeon. ...
- Urologist. ...
- Neurologist. ...
- Oncologist. ...
- Surgeon. ...
- Pulmonologist.
Neurosurgery is the highest-paying medical job in the US. That's hardly surprising, seeing that neurosurgeons are also the most trained medical staff. They study for at least 15 years to gain extensive expertise in the nervous system, spinal cord, and brain.
Who is the most expensive doctor? ›
Dr Shamsheer's net worth has grown 68% this year, from $2.2 billion (₹18,295 crore) in 2022, making him the richest doctor in India. Comparative data indicates Dr Shamsheer is also the fastest-growing non-resident Indian on the list.
What doctors do billionaires use? ›
Most “ultra rich” people enjoy what are called “concierge doctors” who have their patients on speed-dial and are available to make house-calls or digitally advise patients, anytime anywhere. One of the biggest benefits concierge doctors bring is the ability to build a relationship with their patient.
Who is considered the best doctor in the world? ›
List of Top 10 Doctors in the World
- Dr William A. Abdu, M.D, M.S. ...
- Dr Myles. B. ...
- Dr Fouad. M. ...
- Dr Khalid Abbed, M.D. Dr Khalid is a famous doctor of Neurosurgery. ...
- Dr Naresh Trehan. Dr Naresh is a famous Indian Cardiovascular and Cardiothoracic surgeon. ...
- Dr Arthur Reese Abright, M.D. ...
- Dr Corrie T.M Anderson, M.D. ...
- Dr Mark.
What Are the Highest Paid Doctor Jobs?
| Specialty | Annual Salary Range (₹) |
|---|
| Neurosurgeons | ₹25 lakhs to over ₹1 crore |
| Cardiothoracic Surgeons | ₹20 lakhs to ₹90 lakhs |
| Orthopaedic Surgeons | ₹18 lakhs to ₹80 lakhs |
| Gastroenterologists | ₹15 lakhs to ₹40 lakhs |
6 more rowsJul 3, 2024
The top specialty averages nearly $1 million a year
| Specialties | total income (including business and other) |
|---|
| Plastic and reconstructive surgery | $545,600 $545,600 $545,600 |
| Peripheral vascular disease | $543,000 $543,000 $543,000 |
| Medical oncology | $521,700 $521,700 $521,700 |
| Pain management | $519,300 $519,300 $519,300 |
57 more rowsAug 4, 2023
Private Medical is at the forefront of a new type of health care for the ultra-wealthy that has taken concierge medicine to a whole new level. The company, founded by Dr. Jordan Shlain, pioneered a highly personalized, all-in-one service that's more akin to the most sophisticated family offices for investments.
