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Phil McGraw Aka Dr. Phil Net Worth 2020


Facts of Phil Mcgraw Networth

Full NamePhil McGraw
First NamePhil
Last NameMcGraw
Birth NamePhilip Calvin McGraw
Other NameDr. Phil
ProfessionTV Host
Birth CityOklahoma
Birth CountryUSA
Father NameJoseph McGraw
Mother NameAnne Geraldine
Gender IdentityMale
Sexual Orientationstraight
Marital StatusMarried
SpouseRobin Jo Jameson
No Of Children2
Height191 cm
Date of BirthSeptember 1,1950
Age69 years
Married Date1976

What Is The Net Worth Of Phil McGraw?

Phil McGraw is an American TV personality, author and psychologist with a net worth of $440 million. He is best known for being the host of the show, Dr. Phil.

He first gained celebrity status by appearing on The Oprah Winfrey Show in the late 1990s.  

Net Worth Details: Career And Income Sources

McGraw’s fame began in 1998 when he made weekly appearances on The Oprah Winfrey Show. He was then helped by Oprah herself to start his own TV show, Dr. Phil in 2002. The show gained massive popularity over the years where guests come looking for advice from Phil regarding their personal troubles.  

Phil McGraw in Dr. Phil show
Phil McGraw in Dr. Phil show

He gets an annual salary of $79 million, from 2017. He is one of the top-paid and most well known TV show hosts including Jimmy Kimmel, Jimmy Fallon, Stephen Colbert and Ellen DeGeneres

He gets an annual salary of $79 million, from 2017. 

Phil McGraw’s Assets: His House And Cars

Phil has his well-known house in Beverly Hills, California. The $30 million property spans 15,000 square feet and has 5 bedrooms and 9.5 bedrooms. The house is quite far from mainland LA, which gives Phil a chance to hear his engines revving. He had his previous house in the hills that he sold for $12 million in 2011.

Dr.Phi's $30 million house in Beverly Hills
Dr.Phi's house in Beverly Hills

Dr. Phil owns various cars but the best of them are:

Chevrolet Camaro-$30,000

Ferrari 360 spider-$82,000

Cadillac CTS-$47,000

Porsche 911 turbo-$161,800

Charity And Endorsements

McGraw announced Dr. Phil Foundation on October 22, 2003, to fight childhood obesity. The foundation also supports charitable organizations that help address the emotional, spiritual and financial needs of children and families. He also donated $600,000 to Anthony Charity and $50,000 to TYME Youth Center of Curwensville.

Tax And Insurance

Dr. Phil’s taxes and insurance details are unknown. However, considering his annual salary of $79 million, his tax comes in big numbers.  

The Personal Life Of Dr. Phil

Mcgraw was born in Vinita, Oklahoma, on September 1, 1950, to parents Joseph J. McGraw and Anne Geraldine. He was one sibling among two older sisters; Deanna and Donna and one younger sister; Brenda. He grew up with his siblings in the oilfields of North Texas where his family was an equipment seller.

Education And Psychology

McGraw attended Shawnee Mission North High School in Overland Park and was awarded a football scholarship to the University Of Tulsa. After his coach retired, he moved to Midwestern State University in Wichita Falls, Texas from where he graduated with a B.A. in psychology.  

He went on to earn an M.A in experimental psychology in 1976 and a Ph.D. degree in clinical psychology in 1979. After obtaining his doctorate, McGraw joined his father, Joe McGraw who had already established his private psychology practice.  

McGraw doesn’t have a psychology license anymore. He has been involved in many controversies which put his license at risk. He is said to have “voluntarily surrendered” his psychology license in 2006 and has not practiced psychology ever since.

This has led several clinics in the US to question whether his show’s use of “psychological advice” still holds up, as practicing psychology without a license in the US is a felony.  

However, he was charged for practicing psychology on Britney Spears in 2008 confidentially and having inappropriate non-physical relationships with one of his clients in the past.  

Weight Loss Products

Phil entered the weight loss market in 2003 selling shakes, bars and supplements. The products read, "These products contain scientifically researched levels of ingredients that can help you change your behavior to take control of your weight." This spurred a quick reaction by many people who deemed a psychologist unfit to release products in line with a physician.    

Phil's discontinued Weight loss supplements
Phil's discontinued Weight loss supplements

After an investigation by the FTC, McGraw dropped the supplements off-market and was forced to pay $10.5 million in a lawsuit settlement, made by the people who used his products.  

Relationships-Marriage And Children

Phil had his first marraige to Debbie Giggins in 1970 when he was 20 years old. Giggins claimed that she was confined to domestic duties and not allowed in family business matters which caused the divorce in the early 70s.   

Dr. Phil with his wife Robin Jo Jameson
Dr. Phil with his wife Robin Jo

After that, he began to date Robin JO Jameson in 1973 and married in 2006. The couple have two children together; Jay and Jordan. 

Age & Height

Phil McGraw is 68 years old and stands 191cm or 6 feet 3 inches tall.  

Updated On Tue Mar 17 2020 Published On Thu Aug 29 2019 By Sparsh