Wednesday, October 6, 2010

Richest Doctor

Who is the Richest Doctor in the World?

How Much Does a Richest Doctor in the World Make?

Do you know that who is the richest doctor in this world? Well, he is Dr. Thomas Frist Jr, the co-founder of HCA.

In 2010, Forbes has estimated his Net Worth US $ 1.8 Billion making him world’s one of the most richest person and the richest doctor in the world.

HCA founder took nation's largest hospital operator private with Bain Capital, KKR and Merrill Lynch in July 2006; $33 billion leveraged buyout was the largest in history. Served as a flight surgeon in Air Force. With father, founded Hospital Corp. of America 1968. Public 1969. Merged with Columbia Hospital Corp. of Richard Rainwater (see) 1994. Came out of retirement to revive company during a lengthy Medicare-fraud investigation. Last year brother Bill, Senate majority leader, denied insider trading claims after he dropped entire HCA stake 2 weeks before weak earnings slashed share price. Predicts big buyout will inspire other large family-owned public companies to go private

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