What is Dr. Phil’s Net Worth?


Dr. Phil’s net worth was estimated at $460 million as of August 2022.

Phillip Calvin McGraw (also known as Dr. Phil) is an American television personality, author, and psychologist. He hosts the television program ‘Dr. Phil. Phil’. His first celebrity appearances on “The Oprah Winfrey Show” in the late 1990s gave him stardom.

Early Life

Phillip McGraw was born in Vinita, Oklahoma on the 1st of September 1950. He is the child of Anne Geraldine McGraw and Joseph J McGraw. His father had always hoped to become a psychologist and he eventually achieved that goal.

Three sisters were his: Donna, Deana, and Brenda. They were raised in North Texas’ oilfields.

McGraw was a graduate of Shawnee Mission North High school in Kansas. McGraw was granted a football scholarship to Tulsa. He was a middle linebacker for Glenn Dobbs.


Courtroom Sciences Inc was founded by Phil and Gary Dobbs in 1990. It became a successful venture that advised Fortune 500 companies as well as assisted injured plaintiffs in reaching settlements. McGraw quit his psychology practice.

Oprah Winfrey hired his consulting company in 1995. Oprah invited him on her show, and he started appearing weekly as a life and relationship strategy expert starting in April 1998.

In 1999, Dr. Phil published the bestselling book Life Strategie: Doing what Works, Doing what Matters. He continued publishing bestsellers over the years like ‘Relationship Rescue’ or ‘The Ultimate Weight Solution Food Guide.

Dr. Phil gained popularity on Oprah Winfrey’s show and decided to start his own talk show called ‘Dr. Phil’. The series debuted on 16 September 2002. He offers advice in the form of “life strategies” based on his experiences as a clinical psychologist and forensic psychologist.

It has been a huge success, and it has been nominated multiple times for ‘Daytime Emmy Awards. It covers topics such as weight loss and financial planning, autistic kids, dysfunctional families, unhappy marriages, divorce, and financial planning. The show has a serious tone with some humor.


These are the top highlights of Dr. Phil’s career:

  • Dr. Phil joined lawyer Gary Dobbs in co-founding Courtroom Sciences (1990) 
  • Dr. Phil (Television Show, 2002-)
  • He founded Dr. Phil Foundation (2003) 
  • Scary Movie (Movie, 2006) 

Three Strong Lessons From Dr. Phil

We now know all about Dr. Phil and his net worth. Let’s look at the most important lessons we can learn.

1. Either you get it or not.

Strategy: Be one of the people who get it. These people are easy to distinguish. People who “get it” know how things work and have a plan to achieve the results they desire. Those who don’t get it are confused and complain about how they never seem to get anything.

2. You Create Your Own Experience

Strategy: Accept responsibility for your actions and acknowledge it. Recognize your role in creating success. It is impossible to avoid responsibility for the circumstances in which your life has turned out.

You are responsible if your job is not what you want. You are responsible for your happiness. You create the conditions you find yourself in and the emotions that result.

3. People Do What Is Best

Strategies: Determine the payoffs driving your behavior and those of others. Even the most harmful behaviors can have a payoff. You wouldn’t do the same thing if you didn’t see the behavior as having some value. You can stop being a bad person if you stop paying yourself for it.

Favorite Quotes From Dr. Phil

Everyone has a social mask. It’s what we put on and then we go out. We try to present our best selves. Behind the social mask lies a personal truth about who and what we can be.

It is up to you to decide that this is me. I will ride the horse to the finish. It may not be for everyone, but it’s okay em>