Three physician billionaires saw a net worth decrease from 2022 to 2023, according to Forbes' 37th annual list of the world's richest people in 2023.
Here are the physician billionaires who saw a decrease in net worth from 2022 to 2023:
Patrick Soon-Shiong, MD — 20.5 percent decrease
Net worth in 2023: $5.8 billion
Net worth in 2022: $7.3 billion
Dr. Soon-Shiong is the inventor of cancer drug Abraxane and founder of NantWorks, a network of healthcare, biotech and artificial intelligence startups.
Phillip Frost, MD — 18.2 percent decrease
Net worth in 2023: $1.8 billion
Net worth in 2022: $2.2 billion
Dr. Frost serves as CEO and chair of Opko Health, a medical test and medication company.
Thomas Frist Jr., MD, and family — 7.3 percent decrease
Net worth in 2023: $20.2 billion
Net worth in 2022: $21.8 billion
Dr. Frist co-founded Nashville, Tenn.-based HCA Healthcare in 1968 with his father.