Dr. Phil McGraw Net Worth - How Much is He Worth?

Dr. Phil McGraw Net Worth – Dr. Phil McGraw is a certified clinical psychologist with a degree from the University of Tulsa. His appearance on The Oprah Winfrey Show jump-started his career and left his mark with his show Dr. Phil’s Show.

He is an author, a businessman, a producer, and a former psychology practitioner.

This article covers detailed information on Dr. Phile McGraw net worth, salary, biography, personal life, and more.

So without any further ado, let’s get started –

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Dr. Phil McGraw Net Worth 2022

Dr. Phil McGraw net worth is estimated at around $470 million, and he makes around $40 million-$60 million every year.

McGraw owns 100% of his show content and pays distributors to distribute it on T.V. cables and channels. McGraw is the producer of “The Bill” and “The Doctor” and the co-founder of the Doctors on Demand app.

Dr. Phil McGraw Salary

Dr. Phile McGraw is one of the wealthiest people in the television industry, and in his prime, he made around $88 million per year.

In 2006, he made $45 million, and right after that, his income slipped to $30 million.

2011 – $80 million
2012 – $64 million
2013 – $72 million
2014 – $77 million
2015 – $70 million
2016 – $88 million
2017 – $79 million
2018 – $77.5 million
2019 – $80 million

Dr. Phil McGraw Biography

Dr. Phil was born in Oklahoma and brought up in the oil fields of north Texas, where his father was a supplier. The family relocated so that his father, who had a lifelong dream to pursue psychology, could finally pursue it. McGraw studied at Shawnee Mission North High School in Overland Park, Kansas.

He enrolled at the University of Tulsa and received a football scholarship. He used to play middle linebacker and was part of the team when Tulsa faced defeat, 100-6, from the University of Houston, which is one of the most historic matches in NCAA history.

After that season, he transferred to Midwestern State University in Texas and completed his B.A. in psychology. Later, he completed his master’s in experimental psychology and his Ph.D. in Clinical Psychology. He was a private practitioner before he made his appearance on T.V.

After a few years of practice, he realized therapy was not his thing, so he started psychoanalysis. He worked under the umbrella of law and did psychoanalysis for the jury and the court of law. He also launched his own company, CSI Courtroom Sciences, which helped individual plaintiffs achieve settlements.

During this time of his career, he met Oprah Winfrey. She helped him start his own show, Dr. Phil, which is now his main income source.

He is also an author and has written books like The 20/20 diet, Self Matters, Life Code, etc. Some of his books even reached best-sellers.

His show was a big success and has been nominated for several Daytime Emmy Awards. The show covers several topics, such as autistic children, unhappy marriages, obesity, etc.

He also founded The Dr. Phil Foundation, which aimed to help and support any organization or foundation that sought to help children and families who suffer from emotional, physical, mental, or spiritual pain.

He also played himself in the scary movie series and has produced media like Bug Therapy and Fairfax.