Even if you don’t watch his show or have a B.A. in psychology, you probably know who Dr. Phil is and what his talk show is about. He is one of the most well-known people in television, and he has also been on other shows, like The Oprah Winfrey Show. He has also had small roles in movies like Scary Movie 4 and Love the Beast, among others.
Phil is also a writer, and he has put out a lot of books. This shows that he has a lot of money in his bank account. But how much money does Dr. Phil have? How much does he make? Let’s find out, but first, we’ll have to look into his past a bit to figure out what he did to become so successful.
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Dr. Phil’s Net Worth
Celebrity Net Worth says that Phil has about $460 million net worth. The news source also says that he makes about $80 million a year. Even though it was announced that the 2022-2023 season of his talk show would be the last, the Oklahoma native could not be more grateful for his platform and his ability to change people’s lives.
Phil told People in January 2023, “I’ve been lucky to have over 25 great years in daytime television.” “Through this show, we’ve helped thousands of guests and millions of viewers with everything from addiction and marriage to mental health and raising children. This has been a great part of my life and career, but even though I’m leaving daytime, I still want to do so much more.
The TV star has been in the business for a long time and has won several Emmy Awards and a star on the Hollywood Walk of Fame. Even though it’s clear that the Dr. Phil era is over, Phil once talked to Closer about how happy he was with his job. In June 2016, he said about helping his patients, “I feel like I’ve done a good day’s work when they can sit down and get some good common sense and information they can use.”
How Else Does Dr. Phil Make Money?
The psychologist hosts two podcasts, “Phil in the Blanks” and “Mystery & Murder: Analysis by Dr. Phil.” He has been a successful talk-show host for more than 4,000 episodes. Phil is the executive producer of many TV shows, such as The Doctors, So Help Me Todd, Bull, That Animal Rescue Show, Face the Truth, and more.
He has also shown off his acting skills in movies and TV shows like Scary Movie 4, Curbs Your Enthusiasm, Crazy Ex-Girlfriend, and others. Robin McGraw, married to Phil, has also done very well for herself as a best-selling author, podcast host, and business owner. Since they married in 1976, the entertainment mogul and the philanthropist have had two children together: Jay McGraw and Jordan McGraw.
Dr. Phil’s Biography
Phil McGraw got his bachelor’s degree in psychology from Midwestern State University in 1975. He went to the University of North Texas to get his M.A. in experimental psychology. In 1976, he got his M.A., and in 1979, he got his Ph.D. in clinical psychology from the same university.
Phil McGraw would go back to his father in Wichita Falls, Texas, after getting his Ph.D. Here is where Phil McGraw would set up his private psychology business. Phil McGraw would team up with a Texas businesswoman named Thelma Box later in 1985 to start self-help seminars called Pathways.
Phil McGraw would sell his share of the business in 1991 for $325,000. This would end his 6 years of working with Thelma Box as a business partner. In 1990, Phil McGraw and Gray Dobbs would start a computer science (CSI) business.
Computer Science Inc. (CSI) is a trial consultant that offers services like witness training, trial consulting, depositions, etc. Computer Science Inc. has helped many lawyers and businesses, including Fortune 500 companies. Phil McGraw left the company in the future and is no longer with Computer Science Inc. People would say that Phil McGraw made the TV show Bull, which is about Phil McGraw’s work as a trial consultant.
conclusion
Dr. Phil has made a million-dollar empire out of things like hosting a TV show, consulting on court cases, writing, and other things. And he doesn’t look like he’s going to slow down. Reports say that McGraw just signed a new contract that will keep his Dr. Phil show on the air until 2023.
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