Trump Appointee Dr. Oz Has a Nine-Figure Estimated Net Worth

Key Takeaways

• In November 2024, president-elect Trump selected TV personality Dr. Mehmet Oz, who has an estimated net worth of $200 million, to head the Centers for Medicare and Medicaid Services.
• Financial disclosures from his 2022 Senate campaign show investments in big tech and health care companies, and a real estate portfolio worth millions.
• In November 2024, president-elect Trump selected Oz to lead the Centers for Medicare and Medicaid Services.

The president-elect's proposed cabinet includes Dr. Mehmet Oz, a physician, TV host—and multimillionaire.

Oz, who Donald Trump earlier this month chose to lead the Centers for Medicare and Medicaid Services, has an estimated net worth of $200 million, according to Celebrity Net Worth. The Centers for Medicare and Medicaid Services is part of the Department of Health and Human Services, which Trump has tapped Robert F. Kennedy, Jr., to lead.

Oz's first foray into politics came in 2021 when he announced he was running as a Republican for an open Senate seat in Pennsylvania. He lost to Democrat John Fetterman in 2022. Financial disclosures from that campaign showed investments in big tech and healthcare companies and an extensive real-estate portfolio.

“Dr. Oz” Salary 

Oprah Winfrey catapulted Oz to fame on Oprah, giving him his own eponymous daytime TV show:The Dr. Oz Show, which aired from 2009 to 2022. The syndicated series was produced by Winfrey’s production company, Harpo Productions, and Sony Pictures. Oz's show won 10 Emmy Awards during its run.

Oz reported a salary of $2 million as host of the Dr. Oz Show and $7 million from his stake in Oz Media. He was also paid $268,000 as a guest host on Jeopardy in 2021.

Oz began his career as a heart surgeon and was director of the Cardiovascular Institute and Integrative Medicine Program he established at New York-Presbyterian Hospital. Oz patented the Mitraclip, a small implantable clip that can be placed using a catheter to repair the heart’s mitral valve. Oz reported earning over $333,000 in royalties in his 2022 disclosures.

Oz is also a prolific author, with eight of his books on the New York Times bestselling list.

Tech and Health Investments

Oz and his wife, Lisa, reported investments in big tech, health care, private equity funds, and more.

Oz's 2022 financial disclosures showed Amazon (AMZN) stock worth up to $25 million; Microsoft (MSFT), Apple (AAPL), and Alphabet (GOOGL) stock, each valued up to $5 million, and Nvidia (NVDA) stock valued up to $1 million.

He also owned stock in insurance company UnitedHealth Group (UNH) worth up to $500,000, and in CVS Health (CVS), valued at up to $100,000.

Wawa

Oz also owned shares in privately owned gas station and convenience store chain Wawa valued between $5 million and $25 million. His 2022 disclosures showed he earned $5 million in dividends from his investment in Wawa.

Real Estate

Oz also reported an extensive real estate portfolio, including residential and investment properties in New Jersey, New York, Pennsylvania, Florida, Maine, and his parents' native country, Turkey, each valued from $1 million to $25 million. Oz's investment property in Palm Beach, Fla. generated up to $5 million in income, per his 2022 disclosures.

Oz's disclosures also showed that he owns a cattle farm in Okeechobee, Fla., worth up to $5 million and $500,000 worth of cattle.

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