Maybe you’ve heard of Dr. Phil, but do you know how old he is and how much his net worth will be in 2021? If you don’t already know, we’ve prepared this article on the details of Dr. Phil’s short biography-week, career, professional life, personal life, and latest net worth. So, if you’re ready, let’s get started.
Who is Dr. Рhіl?
Phil McGraw, commonly known as Dr. Phil, is an American author, television personality, psychiatrist, and the host of the television show ‘Dr. Phil.
The first celebrity tattoo was won when he appeared on ‘Thе Oрrаh Winfrey Shоw’ more than two decades ago, in the late 1990s. Since then, hеr tаr а a pyсhоlоgist has brightened even more, and hе nоw hа a hоuеhоld nаmе аrоund thе glоbе. Dr. Phil is the world’s highest-paid daytime talk show host.
McGraw is a clinical psychologist with a Ph.D. but is not licensed to practice. When he began appearing on “The Oprah Winfrey Show” in the late 1990s, he became a celebrity.
He and his wife Robin now live in Beverly Hills, California. He is also the co-founder of the telemedicine app Doctors on Demand and executive produces “The Bull” and “The Doctors.”
Details of Dr. Phil Early life
Phillip McGraw was born in Vinita, Oklahoma, on September 1, 1950. Anne Geraldine McGraw and Joseph J McGraw are his parents. His father had a lifelong ambition to be a psychologist, which he eventually accomplished.
Deana, Donna, and Brenda were his three sisters. They grew up in North Texas’ oil fields. McGraw went to Kansas’ Shawnee Mission North High School. The University of Tulsa offered him a football scholarship. Coached by Glenn Dobbs, he was a middle linebacker there.
On a football scholarship, he enrolled at the University of Tulsa in 1968. He was a linebacker in the middle. McGraw was a member of the team that lost 100-6 to the University of Houston, one of the most lopsided losses in NCAA history.
McGraw transferred to Midwestern State University in Wichita Falls, Texas, the following season, and got his Bachelor of Arts in psychology there in 1975.
He graduated from the University of North Texas with a Master’s degree in experimental psychology in 1976 and a Ph.D. in clinical psychology in 1979. McGraw worked in private practice for several years after graduating.
Early Career & Business Ventures
Phil and lawyer Gary Dobbs formed CSI Courtroom Sciences, Inc. in 1990. It is a non-profit organization that provides guidance to businesses and individual litigants on how to reach settlements.
The firm eventually turned a profit, advising Fortune 500 firms and assisting harmed clients in obtaining compensation. McGraw eventually retired from his career as a psychologist.
McGraw stopped practicing psychology after joining CSI. He kept his license up to date and in excellent standing until 2006 when he decided to retire after 15 years. In 1995, Oprah Winfrey hired his consulting firm. From April 1998, he began appearing weekly as a romance and life strategy expert on Oprah’s show.
McGraw entered the weight-loss industry in 2003, selling shakes, supplements, and energy bars. On his show, his sisters Deana and Brenda, as well as his nephew Tony, gave testimonies about how well the goods performed. Shape It Up, Woo Woo was the brand name for the items.
How much is Dr. Phil net worth?
Dr. Phil is one of the highest-paid television celebrities. He was worth $88 million per year at his height. He earned $45 million in 2006. His earnings dropped to $30 million in 2008. He earned $80 million in 2011. He earned $64 million in 2012.
He earned $72 million in 2014. He earned $77 million in 2014. $70 million in 2015. He earned $88 million in 2016. In 2017, he earned $79 million, and in 2018, $77.5 million. His annual income from the show alone is over $80 million as of 2019. He earned $95 million between June 2018 and June 2019.
Dr. Phil has a net worth of $460 million, according to multiple sources. Dr. Phil makes between $60 and $90 million per year from his different ventures. McGraw owns the entire content of his show.
In exchange for a large portion of the advertising money and product placement, he pays CBS to distribute the show. He earned $79 million last year, making him the highest-paid TV host in the world in 2021.
Dr. Phil Income from Real Estate
- Dr. Phil and his wife Robin purchased a $7 million Beverly Hills property in 2008. This property was listed for $16.5 million in 2010. They sold it for $12 million in April 2011.
- The McGraws paid $29.5 million for a large hillside property in Beverly Hills in 2010. The home is a three-acre Mediterranean-style mansion with a 14,000-square-foot main house, five bedrooms, and 11 bathrooms. There’s also a pool and a guesthouse.
- McGraw and his wife listed a Beverly Hills home for $6.35 million in 2011. This home was unsuccessful in finding a buyer. They offered it for $5.75 million in January 2020. It has a gun-lined dining room as well as other unique finishes that can be included in the sale if the buyer so desires.
Аwаrdѕ & Accolades
Dr. Phil’s efforts in educating people through his writing and how hаvе garnered him great acclaim and recognition around the world. Over the years, he has received numerous nominations, some of which include:
- 3 Dауtіmе Еmmу Аwаrdѕ nоmіnаtіоnѕ іn 2012 fоr dіffеrеnt саtеgоrіеѕ.
- Не аlѕо rесеіvеd twо Dауtіmе Еmmу Аwаrdѕ nоmіnаtіоnѕ fоr dіffеrеnt саtеgоrіеѕ іn 2011 аnd оnе Dауtіmе Еmmу Аwаrdѕ nоmіnаtіоnѕ іn 2010.
Social Media Accounts
Dr. Phil maintains social media accounts on Facebook, Twitter, and Pinterest. As of 14 January 2021, he has about 24,000 Facebook followers, around 1.5 million Twitter followers, and over 14,000 Pinterest followers.
- Twitter (@drphil)
Understand and follow your passion!
Dr. Phil wasn’t on the counseling committee because his father was, but because he was passionate about it. You can see Dr. Phil’s love for his audience by how much commitment he gives his work when you see him speak in his show. You’re also a fantastic author who is really evocative in his book.
FAQs Related to Dr. Phil Net Worth
1) How much does Dr. Phil earn every year?
As of 2016, he earned around $88 million per year, according to Forbes. He earned $95 million between June 2018 and June 2019. His annual income from the show alone is over $80 million as of 2019.
2) How much is Dr. Phil’s Net Worth?
Phil is the world’s highest-earning daytime talk show host. Dr. Phil’s net worth is now expected to be $460 million in 2021.
3) Does Dr. Phil holds a real doctor degree?
No, he holds a doctorate in psychology but is not a licensed psychologist.
4) How is Dr. Phil so rich?
Through his various ventures, Dr. Phil earns between $60 and $90 million every year. McGraw owns and has control of the full content of his show. He pays CBS to distribute the show in exchange for a big percentage of the advertising revenue and product placement.