Thomas Frist Jr Net Worth (2025)
Businessman, Physician, Philanthropist
Net Worth
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."