About half of physicians surveyed have a net worth under $1 million. However, half are over $1 million (with 7% over $5 million). It's also no surprise that the higher-earning specialties tend to have the highest net worth. Younger doctors tend to have a smaller net worth than older doctors.

Can a physician become rich?

Doctors can become rich. Doctors are among the highest earners in the country which allows them to become “rich” with proper saving and investing habits. However, the majority of doctors have less than $1 million net worth before age 50.

Can doctors be billionaires?

One of world's wealthiest doctors

After state-owned Saudi Aramco's IPO of $30 billion in December, this is the first IPO to be able to generate a net amount of $2.3 billion for one of the world's wealthiest doctors now.