Dr. Phil Net Worth 2020, Biography, Education, and Career
Dr. Phil Net Worth 2020 – Dr. Phil McGraw is a well-known mental health professional, author, and TV personality best known for his TV show ‘Dr. Phil’.
Phillip McGraw was born in Vinita, Oklahoma, in the US on 1st September 1950 to mother Anne Geraldine and father Joseph J McGraw, who worked as an equipment supplier.
His father had a lifelong aim of becoming a psychologist, which he later achieved. He had three sisters, Deana, Donna, and Brenda. They grew up in the oilfields of North Texas.
He studied at the Shawnee Mission North High School in Overland Park, Kansas. A talented athlete, he was awarded a football scholarship to the University of Tulsa. There he played as a middle linebacker under Coach Glenn Dobbs.
He received his BA in psychology from the Midwestern State University and later earned an MA in experimental psychology and a Ph. D. in clinical psychology from the University of North Texas.\
Then he joined his father in Wichita Falls, Texas, where the latter had started his private practice in psychology.
Phil McGraw and his father jointly ran their private practice for a few years and then joined a successful businesswoman from Texas named Thelma Box to create the ‘Pathways’ seminar.
It was an experience-based training program that proved to be a massive success.
After a few years, McGraw signed an agreement for the sale of his Pathways seminar stock for $325,000.
Later in 1990, along with lawyer Gary Dobbs, McGraw co-founded Courtroom Sciences Inc (CSI).
It eventually became a profitable venture which advised Fortune 500 companies and helped injured plaintiffs in achieving settlements. McGraw eventually gave up his practice of psychology.
His legal consulting firm was hired by Oprah Winfrey in 1995 for the Amarillo Texas beef trial. The case ended after three years with a victory for Oprah, for which she was immensely grateful to him.
Therefore, she invited him to her show and he began appearing weekly as a relationship and life strategy expert from April 1998.
He published his bestselling book ‘Life Strategies: Doing What Works, Doing What Matters’ in 1999.
Over the next few years, he continued to publish several other bestsellers, such as ‘Relationship Rescue’ and ‘The Ultimate Weight Solution Food Guide’.
Those early appearances brought him national recognition and fame and, over time, led to his own show which debuted in 2002. The Dr. Phil Show is still on the air today and is syndicated around the country.
Thanks to the syndication, Dr. Phil is one of the highest-paid personalities on television. Dr. Phil has also written several books, all of which have been commercially successful.
He often appears as a guest on other shows when not working on his own show.
Phil McGraw, better-known as Dr. Phil has a net worth of $400 million