Net Worth

Net Worth: $23.0 billion Multi-Billionaire
$23.0 billion
$10B $32.5B $55B $77.5B $100B

Wealth Tier: Multi-Billionaire

Net worth between $10 billion and $100 billion

Annual Income

$100 million+ per year (dividends, investments, business interests)

Net Worth Timeline

2022: $17 billion, 2023: $21 billion, 2024: $23 billion

Thomas Frist Jr's Biography

Thomas F. Frist Jr. is a renowned American businessman, physician, and billionaire philanthropist, best known as the co-founder of Hospital Corporation of America (HCA Healthcare), one of the largest private healthcare providers in the world. Born on August 12, 1938, in Nashville, Tennessee, Dr. Frist followed in his father's footsteps by pursuing a career in medicine, earning both his bachelor's and medical degrees from Vanderbilt University. In 1968, together with his father, Dr. Thomas Frist Sr., and Jack Massey, he launched HCA, revolutionizing the American healthcare landscape through hospital management and innovation. Over the decades, HCA grew exponentially, making Frist one of the wealthiest individuals in the United States with a current net worth estimated at $23 billion as of 2024. Despite his immense success, Frist has kept a low public profile, focusing his energies on healthcare advancement, philanthropy, and supporting educational initiatives. His leadership and vision have earned him numerous accolades, including induction into the Nashville Business Hall of Fame and the Healthcare Hall of Fame. Known for his quote, “Health care is not just a business—it's a calling,” Frist remains a respected figure in both the medical and business communities. While he has faced industry controversies, particularly federal probes into HCA during the 1990s, he was never personally implicated. Frist continues to be a pivotal influence in healthcare and philanthropy, and is recognized as a major benefactor in Tennessee and beyond.

Wealth in Perspective

Fun Fact

Thomas Frist Jr. is one of the richest people in Tennessee and a prominent philanthropist in the Nashville area.

Full Name

Thomas F. Frist Jr.

Nickname

Tommy

Nationality

American

Birthday

August 12, 1938

Age

87

Zodiac Sign

Leo

Height

5'10" (178 cm)

Weight

176 lbs (80.0 kg)

Marital Status

Married

Spouse

Patricia C. Frist

Children

3

Education

Vanderbilt University (MD), Vanderbilt University (BA)

Famous For

Co-founder of Hospital Corporation of America (HCA Healthcare)

First Big Break

Co-founding HCA Healthcare in 1968 with his father and Jack Massey

Social Media

None

Businesses Owned

HCA Healthcare, Frist Capital, various real estate and investment holdings

Awards

Nashville Business Hall of Fame, Healthcare Hall of Fame, Horatio Alger Award

Category

Business

Controversies

Faced federal investigations into HCA for Medicare billing practices in the 1990s, but was not personally implicated.

Hobbies

Collecting art, philanthropy, golf

Interests

Healthcare innovation, business leadership, education

Quote

"Health care is not just a business—it's a calling."

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