How much do top doctors make?
Asked by: Miss Sabina Treutel | Last update: April 20, 2025Score: 5/5 (44 votes)
What Are the Highest-Paid Doctors in the US? The highest-paid doctors are neurosurgeons who report earning above $780,000 per year on average.
What is the highest-paid type of doctor?
- Neurosurgery. Neurosurgery is the highest-paying medical job in the US. ...
- Thoracic surgery. Thoracic or cardiothoracic surgery is the second highest paying medical job for reasons. ...
- Orthopedic surgery. ...
- Plastic surgery. ...
- Oral & maxillofacial. ...
- Vascular surgery. ...
- Cardiology. ...
- Radiation oncology.
How much do top 1% doctors make?
Doctors like money
The average doctor earned $350,000, as of 2017, the researchers reported in a 2023 working paper, which is awaiting publication in the Quarterly Journal of Economics. The top 1% of physicians earned more than $1.7 million a year.
What doctor makes $500,000 a year?
Dermatologists make $500,000 per year—and many only work four days a week | Fortune.
Do doctors make 300k a year?
Overall, the average physician salary is $277,000 annually for primary care physicians and $394,000 for specialists, according to the 2024 Medscape Physician Compensation Report.
Doctors Reveal You How Much Money They ACTUALLY Make
Do doctors make $500,000?
- Average salary: $300,000 to $500,000 per year. - Specialists like cardiologists, anesthesiologists, orthopedic surgeons, and dermatologists typically earn more than primary care doctors. Some high-earning specialists can make $600,000 or more annually.
What is the highest paying job in the world?
Topping the list, being a CEO gets you the highest paying job in the world, no matter where you work. A CEO is the highest-ranked position in any organisation's structure. Irrespective of the company's size, a CEO handles all its day-to-day corporate affairs, manages resources and handles all managerial processes.
Are most doctors millionaire?
About 51% of doctors reach a net worth of $1 million or more, but this changes a lot based on their age and area of work. Younger doctors, especially those just starting out, usually have lower net worths. This is because they often have student loans and haven't had enough time to grow their savings.
What is the lowest paying doctor?
1. Medical Genetics and Genomics. In the number 1 spot for lowest paid medical specialty is medical genetics and genomics at $244,517. Medical geneticists focus on the relationship between genes and health.
What is the highest-paid job?
- Chief Executive Officer. The company's Chief Executive Officer (CEO) is responsible for guiding the company towards success and growth. ...
- Physician/ Doctor. ...
- Psychiatrist. ...
- Airline Pilot. ...
- Oral and Maxillofacial Surgeon. ...
- Orthodontist. ...
- Lawyer. ...
- Architectural and Engineering Manager.
What is the hardest doctor to become?
What is the most difficult type of doctor specialty? Neurosurgery is known to be particularly challenging because of the intricate nature of the nervous system and the significant risks involved in surgical procedures.
Do CEOs make more money than doctors?
The wage gap between CEO compensation and that of orthopaedic surgeons (who are at the high end of the clinical pay scale) increased from 3:1 to 5:1 over that time; during that same time, the ratio between CEO pay and compensation to pediatricians (who are at the low end) increased from 7:1 to 12:1.
Do MD PhDs make more money?
Thus, despite tuition remission and stipends, one potential consequence of MD-PhD physicians choosing a research-focused career in academia is a lower lifetime earning potential compared with MD-trained colleagues in the same clinical discipline who choose to focus on clinical care.
Why are surgeons paid so much?
Specialists also tend to work more on average. Vascular surgeons average almost 900 more hours a year than family practitioners, according to the JAMA Network. Since we have a high percentage of specialists in the US, it stands to reason that we work more hours in the US. When you work more, you should get paid more.
Who is the best doctor in the world?
- Dr Philip E. Stieg, Ph. D., M.D,USA. ...
- Dr. John A. Millard, USA. ...
- Dr. Barrett J. Zlotoff, USA. ...
- Dr Mohamed Nada, Sharjah, UAE. Dr. ...
- Dr. Pradeep Nambiar, Dubai, UAE. ...
- Dr. Sadir Al Rawi, UAE. ...
- Dr. Sandeep Nayak, India. ...
- Dr. Aruna Kalra, India.
What is the lowest paying job?
- Care worker.
- Shelf packer.
- Play worker.
- Nursery nurse.
- Teaching assistant.
- Cashier.
- Dental nurse.
- Cook.
What doctor makes $500 000 a year?
The highest-paid specialists are non-pediatric orthopedic surgeons in Hawaii, with an average yearly wage of $554,520. Specialties in three other states also cleared $500,000: general surgeons in Louisiana ($534,920), cardiologists in Idaho ($521,690), and dermatologists in Minnesota ($514,330).
What is the most highly paid doctor?
- Cardiologist. ...
- Nephrologist. ...
- Orthopaedic Surgeon. ...
- Urologist. ...
- Neurologist. ...
- Oncologist. ...
- Surgeon. ...
- Pulmonologist.
What is the lowest paid position in a hospital?
- Admitting Clerks. Admitting clerks are the front lines of hospitals. ...
- Activity Aide. An activity aide is kind of like the master of ceremonies at a nursing home. ...
- Dietary Aides. ...
- Pharmacy Technician. ...
- Nursing Aides.
How much money do doctors retire with?
Retirement Goals
Many doctors target a retirement savings goal between $3 million and $5 million depending on their desired lifestyle and expenses during retirement. For example, one doctor with $1 million in savings already aimed for a $3 million nest egg to retire around age 55-58.
Who is the wealthiest doctor in the world?
- Thomas Frist Jr., MD, $20.2 billion, founded Hospital Corp. ...
- Patrick Soon-Shiong, MD, $5.8 billion, was a practicing physician before inventing the cancer medication Abraxane.
- Gary Michelson, MD, $1.8 billion, is a retired orthopedic and spine surgeon who holds over 340 U.S. patents.
What do the top 1 percent of doctors make?
More than 25 percent of physicians in 2017 earned above $425,000 annually and the top 1 percent of physicians averaged $4 million in annual earnings — 10 times the average annual earnings in the sample and more than twice the average earnings in the top 5 percent.
What is the #1 best paying job?
- Obstetrician and Gynecologist. #1 in Best-Paying Jobs. ...
- Psychiatrist. #2 in Best-Paying Jobs. ...
- Emergency Medicine Physician. #3 in Best-Paying Jobs. ...
- Orthodontist. #4 in Best-Paying Jobs. ...
- Anesthesiologist. #5 in Best-Paying Jobs. ...
- Oral and Maxillofacial Surgeon. #6 in Best-Paying Jobs. ...
- Radiologist. ...
- Pilot.
What is the highest paid sport?
A significant chunk is thanks to the NBA for its lucrative endorsement deals with global brands, making basketball the sport with the highest average salary in the world. In fact, a basketball player like LeBron James or Michael Jordan attained billionaire status because of their athletic careers.
What is the top 5 salary in the US?
For those in the top 5%, the figure rises even more. According to the same research, those in the top 5% earned an average of $335,891 in 2021. This is an increase of around $19,000 from the previous year.