Which doctor makes the most money?

Asked by: Favian Cummings  |  Last update: December 17, 2023
Score: 4.2/5 (7 votes)

Neurosurgeons are the highest paid physician specialists, earning an average of $788,313 annually, according to Doximity's "2023 Physician Compensation Report." The results were drawn from survey responses from 190,000 physicians over the last six years, including 31,000 in 2022.

What type of doctor is the highest paid?

Neurosurgery comes out on top, followed by thoracic surgery, orthopedic surgery, plastic surgery and oral and maxillofacial surgery. The specialists with the highest pay didn't necessarily see the biggest bumps in growth in 2022.

What are the lowest paid doctors?

The top-six lowest-paid MDs are related to the pediatric specialty. Other physicians who aren't paid as well include medical genetics doctors, family medicine doctors, and preventive medicine doctors—something residents should keep in mind when applying for programs.

Where are doctors paid the most?

Surprisingly, Luxembourg is considered the most lucrative country for doctors around the world. Luxembourg is a small country in Western Europe, its population is around 632000. Luxembourg is among the top 10 countries that offer high quality of life around the world.

How many doctors become rich?

By the time physicians reach their forties, it is very possible to achieve millionaire status, with some physicians even becoming multimillionaires. This trend continues with doctors in their fifties, with 60% of physicians' worth at least $1 million.

6 HIGHEST Paid Doctor Specialties

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Can I become a millionaire as a doctor?

Millionaire Status

Across the board according to the 2021 physician wealth report, 56% of physicians reported a net worth of over a million. Out of family physicians, the majority become millionaires by the age of 55, with only 11% having a net worth of a million before 45.

Do doctors become billionaire?

Nine U.S. physicians appeared on Forbes' 36th annual list of the world's richest people. The list featured 33 U.S.-based billionaire entrepreneurs, heirs, inventors and leaders in healthcare, and 2,668 billionaires all together. Below is the list of U.S. physician billionaires and their 2022 net worth.

Which type of doctor earns the most in India?

Which type of doctor earns the most in India? Neurologists, endocrinologists, oncologists, pulmonologists, radiologists, paediatricians, and orthopedic surgeons are some of the highest-paid types of doctors in India.

Do doctors get paid a lot in India?

Average Annual Salary by Experience

Medical Doctor salary in India with less than 1 year of experience to 16 years ranges from ₹ 0.7 Lakhs to ₹ 16.1 Lakhs with an average annual salary of ₹ 7 Lakhs based on 227 latest salaries.

Which doctor has highest salary in India?

Surgeons, Gynecologists, and Prosthodontists are the highest paid Doctors in India with an average annual salary of INR 1.91 Crore, INR 1.77 Crore, and INR 1.67 Crore respectively.

What is the lowest salary of MBBS doctor?

Mbbs Doctor salary in India ranges between ₹ 0.5 Lakhs to ₹ 12.0 Lakhs with an average annual salary of ₹ 6.0 Lakhs.

What doctors have the most free time?

If you think you want to be a doctor but don't want to take on the burden of being on call every night and weekend, consider pediatrics. It's one of the best medical specialties for work-life balance because it offers predictable hours and lots of time off.

What is the easiest and highest paying doctor job?

The following are a few pros of seeking high-paying medical jobs that do not require extensive learning programs.
  • You may be limited to a specific job: ...
  • Radiation Therapist. ...
  • Nuclear Medicine Technologist. ...
  • Dental Hygienist. ...
  • Diagnostic Medical Sonographer. ...
  • Magnetic Resonance Imaging Technologist. ...
  • Respiratory Therapist.

What doctors get paid the most per hour?

1 | Plastic Surgery

Plastic surgeons have an average annual salary of $526,000 and work an average of 52 hours/week, giving us an hourly wage of approximately $202 per hour.

Why do doctors get paid so much?

Becoming a doctor requires extensive education and skill. Because of this specialization, doctors make extremely good money and have great benefits such as medical insurance and retirement plans. Doctors have extremely important jobs; they are in charge of getting and keeping the population healthy.

How much a government doctor earn in India?

Government of India Doctor salary in India ranges between ₹ 6.0 Lakhs to ₹ 21.0 Lakhs with an average annual salary of ₹ 11.3 Lakhs. Salary estimates are based on 16 Government of India latest salaries received from various employees of Government of India.

What is the salary of an aiims doctor?

AIIMS Doctor Salary FAQs

Average AIIMS Doctor salary in India is ₹ 15.5 Lakhs for less than 1 year of experience to 8 years. Doctor salary at AIIMS India ranges between ₹ 1.1 Lakhs to ₹ 97.0 Lakhs. According to our estimates it is 188% more than the average Doctor Salary in Healthcare Companies.

Which type of doctors are in demand in India?

The first step in becoming a doctor is to earn a bachelor's degree in medicine (MBBS). Orthopedics, Internal Medicine, Obstetrics and Gynecology, Dermatology, Pediatrics, Radiology, General Surgery, and Ophthalmology are all in high demand.

Which is the No 1 doctor degree in India?

MBBS is the most preferred medical course in India.

Which doctors are highest paid after MBBS?

The following are the highest paid doctor jobs in the order of increasing salaries:
  • Anaesthesiologist. ...
  • Rheumatologist. ...
  • Paediatrician. ...
  • Ophthalmologist. ...
  • Obstetrician and gynaecologist. ...
  • Plastic surgeon. ...
  • Emergency medicine physician. ...
  • Psychiatrist. National average salary: ₹16,62,880 per year.

What is the salary of PG doctor in India?

Doctor Salary in India Based on Job Profile

An entry-level doctor with less than three years of experience earns 6.3 lakhs a year. A doctor with 4-9 years of experience earns an annual income of Rs. 8 lakhs, whereas an experienced doctor with 10-20 years of experience earns an annual compensation of Rs. 10.6 lakhs.

Who is No 1 richest person in the world?

Who is the richest man in the world? As of July 1, 2023, the richest man in the world is Elon Musk, the CEO of electric car company Tesla; he's worth $237.7 billion. He moved into the number one spot in June, overtaking Bernard Arnault of France.

Do doctors still make money?

U.S. Doctor Salaries vs Other Countries

According to Medscape's 2022 Physician Compensation Report, the average physician in the United States earns approximately $339,000 per year. If we break this down further, the average primary care physician earns approximately $260,000 and the average specialist earns $368,000.

Do doctors live a wealthy lifestyle?

Many specialists are wealthy and many who live paycheck to paycheck. Many primary care doctors are wealthy and many who are not. A high income is not the common denominator to becoming wealthy. One of the top three jobs of people who have become millionaires, according to Hogan's book, is a teacher.