Phillip Frost

Phillip Frost

Phillip Frost (#1814)

Global Rank #1814
Country Rank #603
Country United States

I was interested in a specialty that would permit me the time to reflect...I knew that surgery could never be for me because you're tied up in operating rooms most of the time. And I needed the freedom to do things.

  • $ 2 B
  • Pharmaceuticals
  • United States
  • M
  • 89 Years

Snapshot

Quick Facts

Global Rank #1,814
Country Rank #603
Net Worth $2.3B
Previous Worth $2.3B
Worth Change +$0.0B
Country United States
Industry Pharmaceuticals
Age 89 Years
Gender M
Worth As Of May 4, 2026
Residence Miami Beach, Florida
Citizenship United States

Profile Data

Personal Stats

Age 89
Source Of Wealth Pharmaceuticals, Self Made
Self Made Score 8
Philanthropy Score 3
Residence Miami Beach, Florida
Citizenship United States
Marital Status Married
Education Medical Doctor, Yeshiva U Albert Einstein College of Medicine; Bachelor of Arts/Science, University of Pennsylvania
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $2.3B
Current Net Worth $2.3B

Worth as of May 4, 2026

About Me

A long-time health care investor, inventor and founder, Phillip Frost now runs diagnostics-maker Opko Health. Frost joined Key Pharmaceuticals in 1972, reformulated its asthma drug and sold the company in 1986 for $836 million. Frost founded Ivax, a generic drugmaker, in 1987. He sold it to Teva Pharmaceuticals for $7.6 billion in 2005. In 2018, the SEC accused him of participating in a "pump-and-dump" scheme that generated over $27 million from unlawful stock sales. Frost denied the allegations in a personal statement. He settled with the SEC in 2018 without admitting or denying the allegations.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Phillip Frost.

#1834
Billionaires (2026)
#339
Forbes 400 (2020)

Insights

Did You Know?

Born during the Great Depression, Frost is the third son of a shoe-store owner from South Philadelphia.

Frost and his wife, who have no children, have signed the Giving Pledge and have donated more than $130 million to the University of Miami.

Wealth Growth

Net Worth Growth Over Time

Tracking Phillip Frost's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $2.3B (May 4, 2026)