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Thomas Frist Jr. Net Worth

Thomas Frist Jr. Net Worth

Net Worth: $8.8 Billion

Statistics
  • Source of Wealth Healthcare
  • Birth Place Nashville, Tennessee
  • Marital Status Married (Patricia C. Frist)
  • Full Name Thomas F. Frist, Jr.
  • Nationality United States
  • Date of Birth 1939
  • Ethnicity Caucasian
  • Occupation Businessman
  • Education Washington University in St. Louis, Vanderbilt University
  • Children 3
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About Thomas Frist Jr.

American businessman Thomas Frist Jr. has an estimated net worth of $8.8 billion in July 2017, according to Bloomberg.

Thomas Frist Jr. was born in Nashville, Tennessee on 1939. After attending Vanderbilt University, he went to Washington University in St. Louis to get his M.D. Thomas Frist Jr. is currently married to Patricia C. Frist with whom he has three children.

Together with Jack C. Massey and Thomas F. Frist, Sr., he co-founded the Hospital Corporation of America in 1968. Almost a decade later, he became the President and in 1987, he started serving as the company’s president, Chairman and Chief Executive Officer. In 1994, he became the Chairman of the Board and when HCA merged with HealthTrust Inc.  in 1995, he became the Vice President. In 1997, he started serving as the company’s CEO and Chairman. He served as the Chief Executive officer until January 2001, and the company’s Chairman until 2002. He also has private equity investments in Merrill Lynch, Bain Capital, and Kohlberg Kravis Roberts.

For 11 long years, he worked for IBM as a member of the Board of Directors. Together with Charles A. Elcan, he co-founded China Healthcare Corporation in 2008. Currently, he sits as the President of Galen Of Florida Inc and Okeechobee Hospital Inc. He is also the president of the aircraft company Tomco II LLC.