Net Worth Ranker
What Is Dr. Ben Carson’s Net Worth?
Dr. Benjamin Solomon Carson Sr., a distinguished American neurosurgeon and former politician, has accumulated a substantial net worth. As of today, Dr. Carson’s net worth is estimated to be around $30 million. This financial standing is a result of his successful medical career, public speaking engagements, book royalties, and board memberships.
Sources of Dr. Carson’s Wealth
Dr. Carson’s financial portfolio is diversified across multiple streams of income. A 2014 financial disclosure revealed his net worth to be $26 million, while an updated disclosure in 2016 estimated it at $16 million. The fluctuations in these figures can be attributed to changes in investment values and income streams over time.
Speaking Fees and Royalties: A significant portion of Dr. Carson’s income comes from speaking fees. In 2014 alone, he earned over $2 million from inspirational speeches, with individual fees ranging from $12,000 to $50,000 per speech. Over a 16-month period between 2014 and 2015, Dr. Carson and his wife, Candy, reportedly earned between $9 million and $27 million from speaking engagements, book royalties, and board memberships. From January 2014 to May 2014, Dr. Carson made $4 million from 141 speaking engagements. These figures highlight the significant income generated from his public speaking career.
Board Memberships: In addition to his speaking engagements, Dr. Carson has earned substantial income from serving on the boards of various companies. A 2016 disclosure indicated that he held tens of millions of dollars’ worth of publicly traded equities, notably in companies like Kellogg and Costco. His role as a board member for Kellogg and Costco earned him between $2 million and $10 million during the 16-month period between 2014 and 2015. These board memberships contributed significantly to his overall wealth.
Book Royalties and Media Contributions: Dr. Carson is also an accomplished author, with several best-selling books to his name. Over the 16-month period between 2014 and 2015, he earned between $1 million and $6 million from book royalties and advances. Additionally, he earned between $200,000 and $2 million as a contributor to Fox News and the “Washington Times” during the same period. These figures demonstrate the financial impact of his literary and media contributions.
Dr. Carson’s Career and Financial Milestones
Dr. Carson’s career as a neurosurgeon has been marked by numerous milestones, contributing to his reputation and financial success. He graduated from Yale University on a full-ride scholarship and earned his medical degree from the University of Michigan Medical School. After completing his residency at Johns Hopkins University School of Medicine, he spent a year as a Senior Registrar in Neurosurgery in Perth, Western Australia.
In 1984, Dr. Carson was appointed the Director of Pediatric Neurosurgery at Johns Hopkins University. He held professorships in Neurosurgery, Oncology, Plastic Surgery, and Pediatrics at Johns Hopkins, performing approximately 300 surgeries per year, down from his initial 500. His specialization included traumatic brain injuries, brain and spinal cord tumors, epilepsy, and other neurological disorders.
Dr. Carson gained widespread recognition for leading the surgery to separate conjoined twins Patrick and Benjamin Binder in 1987. Although the outcome for the twins was not favorable, the surgery served as a blueprint for future separations and elevated his public profile. In 2008, he was awarded the Presidential Medal of Freedom for his groundbreaking work in pediatric neurosurgery.
Real Estate and Personal Investments
Dr. Carson has made several real estate investments throughout his life. In 2001, he and his wife purchased a 48-acre property in Upperco, Maryland. In 2013, they relocated to West Palm Beach, Florida. Following his appointment as Secretary of Housing and Urban Development in February 2017, Dr. Carson purchased a $1.22 million home in Vienna, Virginia, and sold his West Palm Beach home for over $900,000. Further details of specific investment portfolios are not publicly accessible. Information on Private aircrafts is not available. Dr. Carson’s exact vehicle inventory is unknown.
Dr. Ben Carson’s **net worth** reflects his diverse income streams and successful career. His **net worth**, estimated at $30 million, is primarily derived from his medical career, speaking engagements, book royalties, and board memberships. Dr. Carson’s **net worth** is a testament to his accomplishments and contributions in medicine, literature, and public service.
