Which doctor is a millionaire?

Many doctors are millionaires, but some of the wealthiest include Thomas Frist Jr. (HCA Healthcare co-founder), Patrick Soon-Shiong (cancer drug innovator), Gary Michelson (spinal surgeon/inventor), James Leininger (medical device founder), and George Yancopoulos (Regeneron co-founder). Their wealth comes from founding healthcare companies, inventing crucial medical devices or drugs, or successful ventures beyond direct patient care, with many exceeding $1 billion in net worth.

Which doctor is the richest?

The richest doctor is often cited as Thomas Frist Jr., co-founder of HCA Healthcare, with a net worth estimated in the billions (around $20-30B), while Patrick Soon-Shiong, a surgeon and inventor of Abraxane, is another top contender with billions from pharmaceuticals, often listed as the wealthiest in some years. Other notable wealthy physicians include spine surgeon Gary Michelson (patents for surgical devices) and James Leininger (medical devices like Kinetic Concepts).
 

What is the richest type of doctor?

The richest type of doctor, in terms of highest average salary and net worth, is consistently Neurosurgeon, followed closely by other surgical specialties like Thoracic Surgery, Orthopedic Surgery, and Plastic Surgery, with top earners often in procedural fields that require extensive training, high demand, and complex procedures. However, Plastic Surgeons sometimes top wealth lists due to high earning potential in private practice, while neurosurgery leads in pure compensation. 

What type of doctors are millionaires?

Here are the top five physician specialties, as ranked by the percentage of physicians in that specialty with a net worth of more than $5 million:

• Urology — 33%
• Gastroenterology — 31%
• Radiology — 31%
• Cardiology — 28%
• Orthopedics — 28%

Do doctors make 1 million dollars?

Yes, some doctors earn over $1 million annually, especially in high-demand specialties like neurosurgery, cardiology, or orthopedic surgery, by working long hours, optimizing their practice, or focusing on high-value procedures, though many make significantly less; the top 1% can reach millions, while many specialists average $300k-$700k+. Achieving this often involves business acumen (like owning clinics), high patient volume, high-value services, strategic investments, or working in underserved areas. 

Why More Doctors Aren’t Millionaires

What jobs in the US pay $300,000 a year?

What jobs pay $300,000 a year non-medical?

• Investment Banker. ...
• Hedge Fund Manager or Portfolio Manager. ...
• Corporate Lawyer (Partner Track) ...
• Software Engineering Director / VP of Engineering. ...
• Tech Entrepreneur / Startup Founder. ...
• Real Estate Developer. ...
• Management Consultant (Partner or Director Level) ...
• Private Equity Executive.

What do 90% of millionaires do?

The famed wealthy entrepreneur Andrew Carnegie famously said more than a century ago, “Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined.

Who is more rich, IAS or doctor?

Who earns more: the doctor or the IAS? The average income for MBBS doctors is predicted to be between INR 2.5 LPA and INR 15 LPA, while IAS officers are expected to earn around 14 LPA.

Is the average doctor a millionaire?

Is the average doctor a millionaire? Yes or almost yes — according to the financial management firm Blankinship and Foster. Their findings show that the average medical doctor aged 55 or older has a net worth of over $1 million. Early-career-stage doctors are sometimes called HENRYs (High Earners Not Rich Yet).

What is the hardest doctor to become?

The hardest doctor to become is widely considered to be a Neurosurgeon, due to extremely long training (7+ years residency), intense competitiveness for residency spots, high-stakes complex brain/spine surgery, and massive research demands. Other top contenders for difficulty include Plastic Surgery, Dermatology, Orthopedic Surgery, and ENT (Otolaryngology) for similar reasons of surgical skill, demanding training, and fierce competition for limited residency slots. 

What doctors do billionaires go to?

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 the lowest paid doctor?

The lowest-paid doctor is often in a pediatric subspecialty, with Pediatric Endocrinology frequently cited as the lowest-paying overall, followed closely by Pediatric Rheumatology, Infectious Disease, and general Pediatrics, according to recent 2024-2025 reports from Doximity and Financial Residency. Public Health & Preventive Medicine and Medical Genetics also rank among the lowest-compensated fields, often due to shorter training and better work-life balance.
 

Which field of doctor is best?

The "best" medical field depends on your priorities: Dermatology & Psychiatry offer great work-life balance/happiness; Surgery & Orthopedics are high-paying; Emergency Medicine & Family Medicine offer variety and continuity of care; while fields like Cardiology & Radiology are in high demand and offer strong compensation, with Anesthesiology & Neurosurgery often leading in earnings. 

Which country's doctors are richest?

1. Switzerland. Among all the countries, Switzerland tops the list not just for doctors but also for other healthcare-related professionals. The country is known for its highly developed healthcare system and high standards of living.

What kind of Dr. makes the most money?

Neurosurgeons consistently rank as the highest-paid doctors, followed closely by other surgical specialties like Thoracic Surgery and Orthopedic Surgery, with annual earnings often exceeding $700,000 due to demanding training and high-stakes procedures, though specific averages vary slightly by report. Other top earners include Plastic Surgeons, Cardiologists, and Radiologists, reflecting high demand and complex skills.
 

Are lawyers or doctors richer?

The Bureau of Labor Statistics gives median salaries for both doctors and lawyers, so it's clear that the doctors' number is higher. But median salaries are the midpoint in a list of salaries for one occupation, meaning that half of the list makes more and half makes less.

Can a doctor be a millionaire in India?

Meet Dr. Shamsheer Vayalil, a radiologist who became a billionaire businessman! 👨‍⚕️ He started his career as a radiologist in the UAE. 🏥 Then founded VPS Healthcare, a big healthcare group with 20+ hospitals in the Middle East, Europe, and India.

Which doctor has the highest salary?

The highest-paid doctors are typically in surgical specialties, with Neurosurgery consistently ranking first, earning around $750,000 to over $760,000 annually, followed closely by Cardiothoracic Surgery and Orthopedic Surgery, according to recent (2025) reports from sources like Doximity and Premed Catalyst, Premed Catalyst, Doximity, and IMG Helping Hands. These fields command high salaries due to extensive training, complexity, high risk, and revenue generation from lengthy, specialized procedures, IMG Helping Hands.
 

What job makes $1,000,000 a year?

Entrepreneurship, Healthcare and CEOs

About 1% of U.S. small business owners, roughly 300,000, achieve this annually, per IRS data. Healthcare, especially highly specialized medicine, enables seven-figure incomes, with top neurosurgeons and cardiac surgeons often exceeding $1 million in private practice.

Is a 500k salary considered rich?

Based on that figure, an annual income of $500,000 or more would make you rich. The Economic Policy Institute uses a different baseline to determine who constitutes the top 1% and the top 5%. For 2021, you're in the top 1% if you earn $819,324 or more each year. The top 5% of income earners make $335,891 per year.

Which job is best for millionaires?

To become a millionaire, focus on high-income careers like Engineering, Finance (Investment Banking/PE), Tech (Software Dev, Data Science), Medicine (Surgeons, Specialists), Law, or Executive Leadership (CEO), but success hinges on disciplined saving, investing (especially in 401ks), budgeting, and avoiding lifestyle creep, with many millionaires (like engineers, accountants, teachers) achieving wealth through consistent habits on regular incomes. 

What job pays $400,000 a year without a degree?

Jobs that can pay $400K a year without a degree include commercial real estate brokers, successful YouTubers or influencers, self-employed software developers, high-stakes sales roles like enterprise tech sales, and business owners. These roles rely on skill, market demand, and performance rather than formal education.

What jobs allow you to make $500,000 a year?

Earning a 500K salary is most commonly achievable in executive leadership roles (such as CEO, CFO, or CTO), highly specialized medical or legal professions, senior investment roles in finance, or top-performing sales and business development positions, often within major corporations or high-growth startups.

Which is the no. 1 high salary job?

The #1 highest-paying job consistently falls within specialized medicine, with Pediatric Surgeons, Neurosurgeons, and Anesthesiologists often topping lists, earning well over $400,000 annually due to extensive training and high stakes, though specific rankings vary slightly by source and year, with CEOs and other surgeons also high on the list.