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The World's 5 Richest Healthcare Billionaires

Forbes Middle East - English

|

March 2023

Here's a glance at the richest five healthcare tycoons in the world according to the real-time Forbes World's Billionaires list, with total net worths exceeding $90 billion. All net worths and global rank are as of February 13, 2023.

- MOHAMMAD ADDAM

The World's 5 Richest Healthcare Billionaires

1 Thomas Frist Jr. & Family

Company: HCA Healthcare

Net worth: $20.9 billion

Citizenship: U.S.

Global rank: 76

Frist Jr., his father, cardiologist Thomas Frist Sr., and American businessman Jack Massey founded HCA Healthcare in 1968. Almost a decade later, Frist Jr. became president of the company, and in 1987 he also became its chairman and CEO. HCA Healthcare, which operates in the U.S. and the U.K., went public in 2011 and reported $60.2 billion in revenues for 2022. The 84-year-old Frist Jr. today owns 20% of the company, although he doesn't hold an executive position. His sons, Thomas Frist III and William Frist serve on the company's board. Frist Jr.'s wealth skyrocketed during the pandemic, rising from $7.5 billion in 2020 to $20.9 billion in 2023.

2 Cyrus Poonawalla

Company: Cyrus Poonawalla Group

Net worth: $20.3 billion

Citizenship: India

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