Trump Appointee Dr. Oz Has a 9-Determine Estimated Web Price

The president-elect’s proposed cupboard consists of Dr. Mehmet Oz, a doctor, TV host—and multimillionaire.

Oz, who Donald Trump earlier this month selected to steer the Facilities for Medicare and Medicaid Providers, has an estimated web price of $200 million, in accordance with Movie star Web Price. The Facilities for Medicare and Medicaid Providers is a part of the Division of Well being and Human Providers, which Trump has tapped Robert F. Kennedy, Jr., to steer.

Oz’s first foray into politics got here in 2021 when he introduced he was operating as a Republican for an open Senate seat in Pennsylvania. He misplaced to Democrat John Fetterman in 2022. Monetary disclosures from that marketing campaign confirmed investments in large tech and healthcare firms and an in depth real-estate portfolio.

“Dr. Oz” Wage 

Oprah Winfrey catapulted Oz to fame on Oprah, giving him his personal eponymous daytime TV present:The Dr. Oz Present, which aired from 2009 to 2022. The syndicated collection was produced by Winfrey’s manufacturing firm, Harpo Productions, and Sony Photos. Oz’s present received 10 Emmy Awards throughout its run.

Oz reported a wage of $2 million as host of the Dr. Oz Present and $7 million from his stake in Oz Media. He was additionally paid $268,000 as a visitor host on Jeopardy in 2021.

Oz started his profession as a coronary heart surgeon and was director of the Cardiovascular Institute and Integrative Medication Program he established at New York-Presbyterian Hospital. Oz patented the Mitraclip, a small implantable clip that may be positioned utilizing a catheter to restore the guts’s mitral valve. Oz reported incomes over $333,000 in royalties in his 2022 disclosures.

Oz can also be a prolific creator, with eight of his books on the New York Occasions bestselling listing.

Tech and Well being Investments

Oz and his spouse, Lisa, reported investments in large tech, well being care, non-public fairness funds, and extra.

Oz’s 2022 monetary disclosures confirmed Amazon (AMZN) inventory price as much as $25 million; Microsoft (MSFT), Apple (AAPL), and Alphabet (GOOGL) inventory, every valued as much as $5 million, and Nvidia (NVDA) inventory valued as much as $1 million.

He additionally owned inventory in insurance coverage firm UnitedHealth Group (UNH) price as much as $500,000, and in CVS Well being (CVS), valued at as much as $100,000.

Wawa

Oz additionally owned shares in privately owned fuel station and comfort retailer chain Wawa valued between $5 million and $25 million. His 2022 disclosures confirmed he earned $5 million in dividends from his funding in Wawa.

Actual Property

Oz additionally reported an in depth actual property portfolio, together with residential and funding properties in New Jersey, New York, Pennsylvania, Florida, Maine, and his mother and father’ native nation, Turkey, every valued from $1 million to $25 million. Oz’s funding property in Palm Seaside, Fla. generated as much as $5 million in revenue, per his 2022 disclosures.

Oz’s disclosures additionally confirmed that he owns a cattle farm in Okeechobee, Fla., price as much as $5 million and $500,000 price of cattle.