Dr. Oz net worth and talk show salary revealed in Senate disclosure form – The Hollywood Reporter

The daytime TV economy can be a bit murky. It is well known that stars like Ellen DeGeneres or Judge Judy can earn 20, 30 or even 50 million dollars a year. But for the hosts who make up the rest of the busy daytime schedule, their salary may be harder to pin down, especially considering the complex deals that see talent also serve as producers and part-owners of their shows.
Dr. Mehmet Oz’s candidacy for the Pennsylvania Senate sheds light on these otherwise opaque agreements.
To rewind for a moment: Dr. Oz announced his decision to run for Senator Pat Toomey’s retirement seat late last year, joining a crowded group of candidates vying for the Republican nomination. In his announcement, Oz drew on his background as a doctor and media personality, casting himself as a foreign candidate in the same vein as Donald Trump.
His pivot to politics necessitated a change in his media profile. In December, Sony Pictures Television confirmed that The Dr Oz Show, which had been a staple in syndication for 13 years, would end in January. Oz’s daughter, Daphne Oz, would welcome her replacement, The good dishalthough that show was also canceled in March.
Political candidates are required to file financial disclosure forms, and Oz is no exception. His form, filed Wednesday evening, reveals how complex his daytime talk show was – and lucrative. Oz’s net worth is valued at over $100 million, according to the disclosure, and could be as high as $500 million (Senate disclosure forms allow for fairly wide value ranges for assets, making it difficult to determine his exact net worth).
While Judge Judy Sheindlin negotiated a $47 million annual salary when her court show was at its peak, Oz’s salary was more modest, but still lucrative, at $2 million a year, according to the filing. But the salary is only a small piece of the pie. Oz was also paid nearly $194,000 a year for his role as a producer on the show.
But, of course, Oz also owned a portion of his talk show, with that stake mixed with his other businesses, brands, websites, and media assets in a number of LLCs, including Oz Media LLC, Zoco Productions LLC, Oz Works LLC and Oz. Properties Holdings LLC.
The filing shows Oz Media paid Oz more than $7 million in 2021, likely reflecting profits from the daytime talk show. So all told, Oz’s pay for the talk show was around $10 million.
And his various LLCs had tens of millions of dollars in cash and investments, of which he is the beneficial owner, and much of which dates back to the show.
The filing also detailed other compensations that Hollywood might be interested in.
Oz served for two weeks as guest host of Peril! last spring, sparking outrage among viewers for its past support of pseudoscientific treatments. According to the filing, Oz received more than $268,000 for the guest concert, with all of that money going to an unnamed charity.
He also received over $23,000 from Cameo, compensation for custom videos the platform is known for. The filing says he donated those profits to HealthCorp, a nonprofit that Oz himself founded.
Other income included $15,000 of residuals from various television and film appearances, and a few thousand dollars for other public appearances through Sony.
Of course, Oz’s net worth isn’t solely down to his status as a TV star. He remains an attending physician at New York Presbyterian Hospital in New York, and he has received over $330,000 in royalties for his role in the development of the MitraClip cardiovascular device. He was also a paid spokesperson for Turkish Airlines.
And Oz has a stake in streaming company Jungo TV (co-founded by film producer Sandy Climan) valued at between $500,000 and $1 million. The filing also revealed that Oz owns a cattle farm (he just acquired it in December), with cattle he values between $250,000 and $500,000.
Oz also remains a member of the Screen Actors Guild, where he participates in the guild’s benefits plan.