Dr. Phil Net Worth: Career & Income

A well-known American TV personality Phillip Calvin McGraw better known as Dr. Phil has an estimated net worth of $460 million. 

Besides, Dr. Phil is also a renowned author and former psychologist.

On September 1, 1950, Philip was born in Vinita, Oklahoma, to Joseph J. McGraw Jr. and Anne Geraldine “Jerry.”

Also, he holds a doctorate in clinical psychology from the University of North Texas and practiced psychology till 2006, when he ceased renewing his license.

Dr. Phil Net Worth dr-phil
Dr. Phil Net worth (source: TV Guide)

The major cornerstone for Phillip Calvin McGraw to rise in fame was his appearance in The Oprah Winfrey Show in the late 1990s.

Later, Philip launched his own show, Dr. Phil, in 2002, with the help of Oprah as Oprah’s Harpo Studios.

Dr. Phil is one of the most-watched syndicated talk shows on television in the United States. Moreover, McGraw owns all of the show’s content and pays CBS to distribute it.

Further, he also launched Stage 29 Productions, along with his son Jay McGraw in 2008.

Furthermore, in 2012, he started a telehealth company, Doctor On Demand, and is executive producer for shows, The Bull and The Doctors.

Besides, Forbes listed Phillip McGraw in 22 ranks on its Top 100 celebrities in 2020. And, he also received a star in Hollywood Walk of Fame the same year.

Also, American Psychological Association invited  McGraw in the 2006 annual convention to give a presidential address.

Further, he was also given the APA’s Presidential Citation for highlighting mental health issues to more Americans than any other living psychologist.

Moreover, Dr. Phil has written and published several books.

Quick Facts

Full name Phillip Calvin McGraw
Nicknames Phil, Dr. Phil
Date of Birth September 1, 1950
Age  71 Years Old
Birthplace Vinita, Oklahoma, U.S.
Residence Beverly Hills, Los Angeles County, California, United States of America
Height 6 ft 3 in (1.93 m)
Weight 80 kg or 176 lbs
Hair color Bald Gray
Eye color Blue
Skin tone/ complexion White
Shoe size 10 US
Zodiac Sign Virgo
Nationality United States of America
Ethnicity English, Irish
Religion Christianity
Education Midwestern State University (BA)

The University of North Texas (MA, Ph.D.)

Parents Joseph J. McGraw Jr. (father)

Anne Geraldine “Jerry” (mother)

Siblings 3 sisters (Deana, Donna, and Brenda)
Sexual Orientation Straight
Marital Status Married
Spouse Debbie Higgins McCall (m. 1970; ann. 1973)​

Robin Jameson ​(m. 1976)

Children 2 ( Jay McGraw and Jordan McGraw)
Foundation Dr. Phil Foundation
Production Company Stage 29 Productions
Profession Television host, Businessman, Psychologist, Author, Television producer, Actor, Film Producer, Pilot
Active Since 2002
Debut Tv Show Dr. Phil
Website drphil.com
Net Worth $ 460 million
Salary $80 million
The main source of Income Television presenter, producer, businessman, author, endorsements
Endorsements AARP and AstraZeneca
Social Media Facebook, Twitter, Instagram
Last Update December 2021

Dr. Phil Net Worth and Income

American TV personality, author, and former psychologist Phillip Calvin McGraw aka Dr. Phil has a whopping net worth of $460 million.

A major chunk of his net worth is made by his salary for hosting the show, The Dr. Phil Show. He receives yearly $70- 90 million as a salary.

Moreover, he was the highest-paid TV host in 2016, with annual earnings of $79 million.

Forbes also listed Philip in the top 15 of The World’s Highest-Paid Entertainers 2017.

Further, from the show, he also earns from product placements as he receives a percentage of the advertising profits of the show, which can add up to 90% to his salary.

Also, he earns a good fortune from the shows The Bull and The Doctors on CBS as their executive producer.

Besides, his production company Stage 29 Productions has produced a show called Daily Mail TV, which is broadcasted by several stations.

Additionally, Dr. Phil has also earned several million from real estate. In 2011, he sold a house in Beverly Hills for $12 million, which he bought for $7 million back in 2008.

McGraw also enjoys lucrative endorsement deals with brands like AARP and AstraZeneca.

Furthermore, Philip has bagged millions of dollars from his best-selling books. He is expected to make $1 -$10 million for every book that he has published.

Also, as a founder of the telehealth company Doctor On Demand, he earns a good amount of fortune.

Earning of Dr. Phil per year:

Year Annual earning
2006 $45 million
2008 $30 million
2011 $80 million
2012 $64 million
2014 $77 million
2015 $70 million
2016 $89 million
2017 $79 million
2018 $77.5 million
2019 $80 million
2020 $65.5 million

Net Worth of Dr. Phil in Different Currencies

Let’s have a look into Dr. Phil’s net worth in different currencies, including the cryptocurrency BitCoin.

Currency Net Worth
Euro 393,263,246
Pound Sterling £ 337,614,746
Australian Dollar A$ 644,709,320
Canadian Dollar C$ 589,533,700
Indian Rupee 34,178,782,000
BitCoin ฿ 9,407

Dr. Phil: House and Cars

House

Dr. Phil lives in a lavish mansion in Beverly Hills of Los Angeles, California.

Philips bought the house in 2011 at an extravagant $29.5 million. However, the Mediterranean-style villa spread in  14,000-square-foot is worth the price.

The villa has a main house with 5 bedrooms and 11 bathrooms. Moreover, it has a guest house, a tennis court, a pool, and a stunning landscape.

Dr. Phil Net Worth dr-phil-mcgraw-house
Dr. Phil Mcgraw house in Beverley Hills (source: Virtual Globetrotting)

The property is situated in the hills away from the hustle of the city and also boasts a stunning view of Los Angeles.

McGraw also has another house in Beverly Hills, which he bought along with his wife in 2011. But they listed for sale in 2020 for $5.75 million.

Cars

Philip McGraw, with his immense income, has several stunning cars.

The most gorgeous and most expensive car owned by Dr. Phil is the 1957 Chevrolet Convertible. The car cost him a whopping $1 million.

57 Chev is considered the most iconic vehicle in automotive history and still stays the number one among classic car collectors.

Dr. Phil Net Worth dr-phil-car-57-chevrolet
57 Chevrolet (source: Motor Trend)

However, Dr. Phil’s 57 Chev was once stolen from a car repair shop in 2006, which was later recovered in 2012.

Moreover, McGraw once owned the 2001 Gemballa Porsche 911 Turbo, 2002 Ferrari 360 Spider, Mercedes-Benz, and Chevy Camaro; all sold out in an auction at different times.

Further, he is also seen driving Rolls Royce sometimes.

Dr. Phil: Lifestyle and Vacations

Lifestyle

Philip McGraw lives a lavish lifestyle with his immense worth in his silent and private house on the top of hills.

McGraw has been married twice; he was first married at the age of 20, which was later annulled after 3 years. Again he later married his now-wife Robin and has two sons together.

Moreover, as a psychologist, he believes in tough love or a down-home version of therapy which he showcases in his advice in the show as well.

Further, DR. Phil has received several criticisms from fellow psychotherapists and laypeople for giving simplistic and ineffective advice.

The National Alliance on Mental Illness once called his conduct unethical and incredibly irresponsible in one episode.

As a result, Dr. Phil has encountered several lawsuits throughout his life, mainly because of his unnecessary comments and acts for the sake of the show.

Furthermore, Philip has a hobby of playing Golf and Tennis. He also has a tennis court in his house where he loves to play with his family and friends.

Dr. Phil also has a fierce rare purebred Korean Jindo female dog named Maggie which has caused many troubles, including a lawsuit due to her biting.

Vacation

Philips is seen regularly vacationing with his wife around different places.

He loves traveling, moreover, also advocates the importance of vacationing for sound mental health.

Dr. Phil: Charity

Dr. Phil has been involved with numerous charitable organizations through which he does his good deeds.

McGraw supports causes like Adoption, AIDS & HIV, At-Risk/Disadvantaged Youths, Children, Disaster Relief, Education, Family/Parent Support, Health, Human Rights,  Rape/Sexual Abuse, etc.

He supports health through American Heart Association, American Stroke Association, Race to Erase MS foundations.

Similarly, he supports organizations like Wellness In The Schools, Children’s Miracle Network Hospitals, and New York Coalition For Healthy School Food for causes of children and their health.

Moreover, he works with orphans, education, and mental and physical challenges through T.Y.M.E (Teach Youth Motivate & Empower) Ministries.

Further, Philip also supports Red Cross for its causes like AIDS & HIV, Disaster Relief, and Human Rights.

Furthermore, he advocates and works for Rape/Sexual Abuse for men, women, and children through Face Forward and MaleSurvior.

Besides, Dr. Phil has established a foundation named Dr. Phil Foundation which supports for the causes like At-Risk/Disadvantaged Youths and Family/Parent Support.

The foundation provides youths with access to safe and decent housing, medical and mental health services, education, and job training, which majorly shape their futures.

In addition, Phil also is an advocate for Feeding America & hunger relief as a media partner for several years now and has created awareness and collected donations for the cause.

Movies, Investments, and Book publications

Movies

Philip McGraw has been featured in several movies like Scary Movie 4 (2006), Madea Goes to Jail (2009), etc.

Further, Dr. Phil also voiced himself in The Simpsons (2006) in episode Treehouse of Horror XVII.

Furthermore, he has been portrayed on several series and sitcoms like Frasier (2003), Sesame Street (2004), Curb Your Enthusiasm (2009), Hannah Montana (2010), etc.

Investments

Philip McGraw has earned immense wealth through television, and besides earning a big salary, he has also made some wise investments that have pushed him to his heights.

McGraw, in 1990 established CSI Courtroom Sciences, Inc., which was founded to help organizations and individual plaintiffs achieve settlements in their lawsuits.

Moreover, in 2003, Dr. Phil started a business selling shakes, supplements, and energy bars for weight loss.

However, in 2004 the products were pulled off after the Federal Trade Commission’s investigation.

Again in 2005, Philip, along with his son, started a production company, Stage 29 Productions which has produced several shows to date.

Daily Mail TV, produced by Stage 29 Productions and other producers, won Daytime Emmy Award for Outstanding News Program in 2019.

Further, in 2008, McGraw launched a spinoff show of Dr. Phil, The Doctors, produced by him and his son Jay.

In the show, a team of medical professionals talks about health-related topics, answering questions from viewers, which is still in the air.

Furthermore, in 2016, Philip produced and started another television show, Bull.

Besides, in 2012, McGraw also founded a telehealth company Doctor On Demand which was launched in web and mobile app .

Doctor On Demand is a platform where individuals can schedule virtual appointments with a network of physicians and therapists.

In addition, Dr. Phil has also invested millions in real estate in Beverly Hills.

In 2011, McGraw and his wife Robin sold a house for $12 million, which they bought for $7 million in 2008.

Moreover, he still owns two houses, a $29.5 million mansion bought in 2010 and a $6.35 million house bought in 2011.

Philip also has a website to buy his books online called www.drphilstore.com. Where his books are available to purchase.

Book

Philip McGraw is a well-known author who has published more than 15 books with several best sellers.

Dr. Phil Net Worth dr-phil-book
The 20/20 Diet: Turn Your Weight Loss Vision Into Reality (2015) by Philip McGraw (source: amazon.com)

Best selling books written and published by Philip McGraw are:

  1. Life Strategies: Doing What Works, Doing What Matters (1999)
  2. The Relationship Rescue Workbook (2000)
  3. The Life Strategies Self-Discovery Journal: Finding What Matters Most for You (2001)
  4. The Self Matters Companion: Helping You Create Your Life from the Inside Out (2003)
  5. The Ultimate Weight Solution Cookbook: Recipes for Weight Loss Freedom (2004)

Career

Philip McGraw’s career as a TV personality started from Oprah Winfrey Show when he made several appearances in the show during the late 1990s.

He later started his own show Dr. Phil in 2002, which gave self-help advice and advice on family and social issues.

The show was very successful, but after repeated lawsuits and its spin-off programs and specials reduced its popularity.

Moreover, the show’s rating declined heavily since 2008 when he made an unauthorized visit to Britney Spears’ hospital room filming for the show.

Facts on Dr. Phil

  • In 2010, Philip McGraw won Daytime Emmy Award for Outstanding Talk Show Informative for his show The Doctor.
  • Dr. Phil further has been nominated 19 times for Daytime Emmy Award and 3 times for the People’s Choice Awards.
  • McGraw is mainly famous for his thoughts on human behavior, along with offering relationship advice.

FAQs

How ask Dr. Phil a question about your problem?

Anyone can ask Dr. Phil questions through emails, while the only way to ask a question face to face is to be on the show.

Is Dr. Phil a real doctor?

No, he holds a doctorate in clinical psychology and has not renewed his license to practice psychology since 2006.

Has the Dr. Phil show ended?

No, despite several controversies and allegations to exploit the vulnerable people coming to the show for help, the show continues to air.

Also, read about Chelsea Clinton.

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