Who Is The Highest Paid Doctor In The World?

by | Last updated on January 24, 2024

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Patrick Soon Shiong

He is an American Surgeon born in Africa, a researcher and lecturer. At the age of 23, bagged a degree in Medicine and Surgery at the University of Witwatersrand. In Johannesburg, he finished his medical Internship at the General Hospital. He is the Highest Paid Doctors in the World.

Who are the highest paid doctors?

The highest-paid physician specialties


Specialists in plastic surgery

earned the highest physician salary in 2020 — an average of $526,000. Orthopedics/orthopedic surgery is the next-highest specialty ($511,000 annually), followed by cardiology at $459,000 annually.

Who is the highest paid doctor?

According to the latest statistics,

physicians working in the orthopedics specialty

are the highest earning doctors in the US, with an average annual income of US$511K.

Who is lowest paid doctor?

  • Pediatrics $221,000 (down 5%)
  • Family Medicine $236,000 (up 1%)
  • Public Health & Preventive Medicine $237,000 (up 2%)
  • Diabetes & Endocrinology $245,000 (up 4%)
  • Infectious Disease $245,000 (steady)
  • Internal Medicine $248,000 (down 1%)
  • Allergy & Immunology $274,000 (down 9%)

Are most doctors millionaires?

Most of society assumes that physicians are wealthy. … Surveys of physicians consistently demonstrate that

only half of physicians are millionaires

. Of even more concern, surveys show that 25% of doctors in their 60s are still not millionaires and 11-12% of them have a net worth under $500,000!

Which country pays doctors most?

  • Germany. …
  • The Netherlands. …
  • United Kingdom. …
  • Republic of Ireland. …
  • Iceland. …
  • The United States of America. …
  • Switzerland. …
  • Luxembourg.

What is the hardest medical specialty?

  • Cardiac and Thoracic Surgery.
  • Dermatology.
  • General Surgery.
  • Neurosurgery.
  • Orthopedic Surgery.
  • Ophthalmology.
  • Otolaryngology.
  • Plastic Surgery.

What is the best field of medicine?

  • General practice. Many doctors choose this specialty today to make a long-term impact on someone’s life. …
  • Pediatrics. …
  • Radiology. …
  • Ophthalmology. …
  • Sports medicine and rehabilitation. …
  • Oncology. …
  • Dermatology. …
  • Emergency Medicine.

Do surgeons get paid per surgery?

A payment model where physician and hospital expenses are joined to make

a single payment

for an episode of care. A quick example would be an outpatient surgery. Many surgeons will often receive a single payment for pre-op, post-op and the surgery.

What is the easiest doctor to become?

  1. Family Medicine. Average Step 1 Score: 215.5. …
  2. Psychiatry. Average Step 1 Score: 222.8. …
  3. Physical Medicine and Rehabilitation. Average Step 1 Score: 224.2. …
  4. Pediatrics. Average Step 1 Score: 225.4. …
  5. Pathology. Average Step 1 Score: 225.6. …
  6. Internal Medicine (Categorical)

Who are the happiest doctors?

  • Rheumatology; General Surgery: 60%
  • Public Health & Preventive Medicine; Allergy & Immunology: 59%
  • Orthopedics; Urology; Ophthalmology: 58%
  • Pediatrics: 57%
  • Dermatology: 56%

Why do doctors get paid so little?

They added that there seem to be a number of reasons for their discontentment. One is the

number of years physicians spend in college, medical school

, and then in training. Many doctors don’t get their first jobs until they are 30. By that time, other college graduates have been earning salaries for eight years or so.

Are doctors actually rich?


Over half of physicians have a net worth above $1 million

, whereas less than 7% of the general population has a seven-figure net worth (according to Credit Suisse’s Global Wealth Report). The average doctor earns about five times as much as the average American.

Can you get rich as a doctor?


Doctors can become rich

. Doctors are among the highest earners in the country which allows them to become “rich” with proper saving and investing habits. However, the majority of doctors have less than $1 million net worth before age 50.

Do physicians become millionaires?


More physicians have become millionaires since before the

pandemic, survey finds. … Among nearly 18,000 physician respondents polled by Medscape, the proportion of those reporting a net worth greater than $1 million increased from 50% the previous year to 56% in 2020.

Is 24 too old for medical school?

But it may surprise you to know that more and more people take years off before applying to medical school. In fact, according to the Association of American Medical Colleges, the average age of a first year medical student is 24. … In other words,

there is no such thing as being “too old for medical school

.”

James Park
Author
James Park
Dr. James Park is a medical doctor and health expert with a focus on disease prevention and wellness. He has written several publications on nutrition and fitness, and has been featured in various health magazines. Dr. Park's evidence-based approach to health will help you make informed decisions about your well-being.