Phillip Frost Net Worth

$2 Billion         |         Rank #1397

Who is Phillip Frost

Frost joined Key Pharmaceuticals in 1972, reformulated its asthma drug and sold the company in 1986 for $836 million.

Frost founded Ivax, a generic drugmaker, in 1987. He sold it to Teva Pharmaceuticals for $7.6 billion in 2005.

In 2018, the SEC accused him of participating in a “pump-and-dump” scheme that generated over $27 million from unlawful stock sales.

Frost denied the allegations in a personal statement. He settled with the SEC in 2018 without admitting or denying the allegations.
Coming from an average or middle class family, Phillip Frost is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 1397 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 85.0 years old. As of today, Phillip Frost’s net worth is approximately 2 Billion.

Facts about Phillip Frost

Net Worth: 2 Billion
Billionaire Rank: 1397
Age: 85.0
Date of Birth: 11-11-36
Gender: Male
Currently Living in: Miami Beach, Florida, United States
Birth Place: United States
Source of Wealth: pharmaceuticals

To find out what is Phillip Frost Net Worth, how he got there and what is Phillip Frost Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of Phillip Frost

Phillip Frost was born on 11-11-36 in United States.
Frost and his wife, who have no children, have signed the Giving Pledge and have donated more than $130 million to the University of Miami.
Born during the Great Depression, Frost is the third son of a shoe-store owner from South Philadelphia.
Being raised in the same country, Phillip Frost spent most of his time in Florida in the city of Miami Beach.

Phillip Frost net worth is estimated at 2 Billion Billion to date.

 

Phillip Frost pharmaceuticals
Phillip Frost Net Worth

Professional Journey

You will see him often in social media.  A long-time health care investor, inventor and founder, Phillip Frost now runs diagnostics-maker Opko Health.
There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news.
Frost and his wife, who have no children, have signed the Giving Pledge and have donated more than $130 million to the University of Miami.
In his youth, he was adventurous but unknown, but that was years ago.
Frost joined Key Pharmaceuticals in 1972, reformulated its asthma drug and sold the company in 1986 for $836 million.

Frost founded Ivax, a generic drugmaker, in 1987. He sold it to Teva Pharmaceuticals for $7.6 billion in 2005.

In 2018, the SEC accused him of participating in a “pump-and-dump” scheme that generated over $27 million from unlawful stock sales.

Frost denied the allegations in a personal statement. He settled with the SEC in 2018 without admitting or denying the allegations.
He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. A long-time health care investor, inventor and founder, Phillip Frost now runs diagnostics-maker Opko Health.
It is to be noted that Phillip Frost is one of the selfmade billionaires in the world and stands at 1397 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Phillip Frost:

How much is Phillip Frost worth?

Phillip Frost’s net worth is estimated to be 2 Billion.

How old is Phillip Frost?

Phillip Frost was born on 11-11-36, and is currently 85.0 years old.

What is Phillip Frost source of income?

Phillip Frost acquires most part of his wealth from pharmaceuticals.
 

Concluding Phillip Frost Net Worth

Currently with a net worth of 2 Billion, Phillip Frost stands at 1397 in the world billionaires list. And draws most of his wealth from pharmaceuticals. Hope you like this information about Phillip Frost. If you like this, then please share it with your friends. This above post is all about the estimated worth of Phillip Frost. Do you have any queries? Feel free to ask via comment section.

 

Disclaimer: Please keep in mind that this is an estimated net worth of Phillip Frost. Actual worth may vary a little. You can always get information by checking out Leaktown.com.