Top 15 Wealthiest Doctors In The World

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Doctors suffer a lot through school and expensive tuition to get to where they are, so they deserve to make a lot of money out of their profession. For these doctors, all their sacrifices through med school certainly paid off. Here are 15 of the wealthiest doctors in the world.

1. Patrick Soon-Shiong – $12.5 billion

Patrick Soon-Shiong

Patrick Soon-Shiong is one rich American surgeon, thanks to devoting his career to finding cancer treatment. He helped introduce the first ever protein nanoparticle delivery approved by the FDA for treating breast cancer. It is called the Abraxine and is now distributed to 40 countries. It is currently being tested as a treatment for other types of cancer. More than seeing patients, Soon-Shiong is also a medical researcher with 140 patents and 440 patent applications around the world. He has launched and sold two pharmaceutical companies worth billions of dollars.

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2. Thomas Frist Jr. – $8.1 billion

Thomas Frist Jr.

Thomas Frist Jr. built a medical career for himself as an Air Force surgeon before co-founding a business with his father, called the Hospital Corporation of America. This eventually led to the formation of a hospital conglomerate. Now, his business is focused on the buy-and-sell business of hospitals and rakes in $29 billion annually. This raised his net income to $8 billion. The President Obama’s Affordable Care Act also helped increase his income by $1.5 billion, on top of his shares from the HCA Holding.

3. Phillip Frost – $3.7 billion

Phillip Frost

Phillip Frost completed his medical degree at the Albert Einstein School of Medicine. His career led him to a teaching position as a professor of dermatology at the University of Miami’s School of Medicine. In 1972, he and business partner Michael Jaharis purchased Key Pharmaceuticals for $600 million in 1986 and sold it to Schering-Plough for $835 million, with Jaharis running the boardroom and Frost staying in the lab to add new patents. But this wasn’t a one-time thing as he continued the pattern of buying and selling pharmaceutical companies, which helped him establish his multi-billion fortune.

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