His net worth is $22.6 billion, according to the report, a jump from $17 billion in September, according to Forbes.
Dr. Frist co-founded HCA Healthcare in 1968 with his father, Thomas Frist Sr., MD, a cardiologist and internist; and Jack Mackey, an investor who owned Kentucky Fried Chicken. The younger Dr. Frist now owns more than 20 percent of the company.
HCA was one of the earliest for-profit healthcare operators in the U.S. The company owns and operates 187 hospitals and 2,000 care sites, including ASCs, freestanding emergency rooms, urgent care centers and physician clinics in 21 states and the United Kingdom.
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