How much is Dr. Phil worth? $440 Million
How did Dr. Phil earn his money and wealth?
Dr. Phil, real name Phillip Clavin McGraw, was born on 1 September 1950 in Oklahoma, US to Anne Geraldine and J McGraw. He went to the Shawnee Mission North High School in Kansas. His athletic skills led him to achieve a football scholarship to the University of Tulsa. Later, he earned a BA in psychology from the Midwestern State University. Phil later attended the University of North Texas from where he received a Ph. D in clinical psychology. Then he went to Wichita Falls in Texas and started off his own private practice in psychology.
Dr. Phil is not only an American psychologist but is also a television personality, author as well as the host of the TV show ‘Dr. Phil.’ His father, who was also a psychologist, jointly continued the private practice for a couple of years after which they joined a successful Texas businesswoman named Thelma Box and created as well as presented the ‘Pathways’ seminars. A few years later, Phil signed an agreement to sale his share of ‘Pathways’ seminar stock for a sum of $325,000.
Later in the year 1990, Phil along with lawyer Gary Dobbs co-founded a trial consulting firm called ‘Courtroom Sciences, Inc.’ (CSI). The venture turned out to successful eventually, which advised Fortune 500 companies as well as helped the injured plaintiffs to achieve settlements. Phil later gave up the practice of psychology after starting CSI. Later, Oprah Winfrey hired CSI in the year 1995 for the Amarillo Texas beef trial. Phil’s impressive skills led Oprah to win the case in 1998 for which she was very grateful and thanked him. She, therefore, went ahead and invited him on her show which proved to be very successful. Phil later began appearing weekly on the show as a ‘relationship and life strategy expert’ starting from April 1988.
Phil tried his hands in writing as well and published his first book ‘Life Strategies: Doing What Works, Doing What Matters’ in the year 1999 which went on and became a bestseller. In the next couple of years, Phil continued to write and publish many other bestselling books like ‘Relationship Rescue’ as well as ‘The Ultimate Weight Solution Food Guide’.
After achieving success and popularity on Oprah’s show, Phil decided to launch his own talk show called ‘Dr. Phil.’ The show, which made its debut in September 2002, saw Phil giving advice to viewers in the form of life strategies that were based upon his own experience as a forensic and clinical psychologist. Even though the show was a hit, it was s criticised by certain psychotherapists and a few other health professionals. But still, this did not bother Phil who still continued with the show in the form of many spin-offs shows like ‘The Doctors’ which began airing in the year 2008 and became a hot instantly.
What are the highest grossing earnings of Dr. Phil?
- Earnings in the year 2016: $88 Million
- Earnings in the year 2014: $77 Million
- Earnings in the year 2013: $72 Million
- Earnings in the year 2015: $70 Million
- Earnings in the year 2012: $64 Million
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