Meet the World's 5 Richest Healthcare Billionaires
Forbes Middle East - English|Sep 2024
The world's five richest healthcare billionaires have pioneered hospital networks, pharmaceutical innovations, and medical device technology. All net worths are as of August 23, 2024.
Meet the World's 5 Richest Healthcare Billionaires

Thomas Frist Jr. and family
Net worth: $30.7 billion
Citizenship: U.S.

Frist Jr., originally an Air Force flight surgeon, cofounded the Hospital Corporation of America (HCA) in 1968 with his father and Jack Massey. After building HCA into a major healthcare provider, Frist Jr. took the company public for the third time in 2011, following two management buyouts. As of June 2024, HCA Healthcare operated 188 hospitals and 2,400 care sites across the U.S. and the U.K. In 2023, the company generated $65 billion in revenues. Although the 86-year-old billionaire is no longer involved in daily operations, his sons, Thomas Frist III and William Frist, are on the board where Frist III serves as chairman. The Frist family is also known for its philanthropy through the Frist Foundation, which established Nashville’s Frist Art Museum.

Dilip Shanghvi
Net worth: $29.3 billion
Citizenship: India

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