Dr. Phil McGraw is a well-known television personality, psychologist, and author from America. He hosts the tabloid talk show “Dr. Phil” which first aired in the year 2002. He became a household name when he appeared on the talk show “The Oprah Winfrey Show” in the late 1990s. Keep reading to know more about the net worth of Dr. Phil McGraw in 2018.
Early Life & Biography:
Dr. Phil McGraw was born on September 1, 1950, in Vinita, Oklahoma, U.S. to his parents Joseph J. McGraw, Jr. and Anne Geraldine. He has three siblings including two older sisters Donna and Deana and a younger sister whose name is Brenda. McGraw’s father was an equipment supplier and wanted to become a psychologist.
He went to the Shawnee Mission North High School which is located in Overland Park, Kansas.
McGraw received a scholarship from the University of Tulsa in 1968 where he played football in the school’s team. Later he attended Midwestern State University where he earned his B.A. in psychology in the year 1975.
McGraw married his first wife Debbie Higgins McCall when he was just 20 years of old. The couple got divorced in the year 1973. Later he married Robin Jo Jameson with whom he has two children.
Career, Awards & Nominations:
Phil McGraw started his career in the year 1988 when “Texas State Board of Examiners of Psychologists” agreed that he has worked as a part-time psychologist for a brief amount of time.
McGraw co-founded a trial consulting firm Courtroom Sciences, Inc. along with Gary Dobbs in the year 1990. Eventually, the firm started consulting popular celebrities including Oprah Winfrey and several Fortune 500 companies.
After 15 years running the company, McGraw retired in 2006. In September 2002, he launched his own daily television show known as “Dr. Phil” which was produced by the Harpo Studios.
In 2003, McGraw launched several weight loss products including energy bars, supplements, and protein shakes which were promoted on his television show.
In the same year, McGraw released his autobiography “The Making of Dr. Phil” and two years later he released another best-selling book “Family First”. He made the reality television series “Dr. Phil House” in 2006 but later was canceled due to legal issues.
McGraw has appeared in several television shows including Frasier(2003), Scary Movie 4 (2006), Madea Goes to Jail (2009), WWE Raw (2016) and many more.
Net Worth & Earnings:
Dr. Phil McGraw has an estimated net worth of more than $450 million. This huge wealth is the result of his successful career as a television personality, host, and psychologist.
In 2017, he earned a whopping $79 million according to the Forbes magazine which also ranked him the 15th highest earning celebrity across the globe.
McGraw is also an author and has published several best-selling books including the book “Family First” for which he had signed a deal with its distributor King World Productions. According to the deal, McGraw will receive $15 million per year from them for the rights of the book.
Dr. Phil McGraw is one of the most renowned television celebrities in the world who has multiple sources of income. He is also the founder of the “Dr. Phil Foundation” which works on eradicating childhood obesity.