Top Five Wealthiest People in Miami
Phillip Frost
Net Worth: $2.2 billion
Profession: Former dermatologist turned super wealthy businessman
The Source of His Wealth: He’s in the pharmaceutical business and owns more than $850 million in Teva Pharmaceuticals stock. He founded Ivax in 1987, a company that develops generic pharmaceuticals, and sold it 18 years later for $7.6 billion.
Fast Facts: He is married and doesn’t have any kids. He is also went to medical school and received a Bachelor of Arts in science from University of Pennsylvania. He donates regularly to the arts, which led to FUI’s Frost Art Museum.
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