He previously gave up his entertainment careerMehmet Oz – the famous heart surgeon best known as the host of the daytime show “The Dr. Oz Show” — has amassed more than $100 million worth of assets, including homes, stocks, life insurance and tree trimming ties to his in-laws empire.
Oz on Wednesday night filed a financial disclosure form — required of all Senate candidates — that lists a long list of investments supporting the finances of a man who said he poured $10 million into his Pennsylvania campaign.
Oz estimated his fortune to be between $104 million and $422 million, according to a Philadelphia Inquirer tally, a wide range attributed to the Senate requirement that every fortune be valued within a certain dollar range. If elected, he would be one of the wealthiest members of the Senate — and possibly the wealthiest.
He reportedly made about $10 million in 2021, almost all of it from his salary as a television show host and ownership of the show’s parent company.
Oz isn’t the only multimillionaire in Pennsylvania’s seven-strong Republican primary field. The race for the open Senate seat was rocked when Trump-backed Sean Parnell quit after losing a custody battle amid abuse allegations by his estranged wife.
Former hedge fund CEO David McCormick has yet to file a financial disclosure. Another wealthy contestant, Carla Sands, filed a public asset disclosure last year, valuing more than 50 accounts or properties at $35 million to $152 million.
For Oz, his filing shows at least $11.5 million — and possibly much more — in non-public shares in Asplundh, the tree trimming business owned by his wife’s family. They list at least $6 million in non-public shares in convenience store chain Wawa Inc.
Its tens of millions of shares include millions of dollars in shares from Amazon, Microsoft and Google’s parent company Alphabet. He also lists life insurance policies worth millions.
Oz, a longtime resident of New Jersey, lists two homes in that state worth at least $1 million — including the home where Oz lived for a few decades before he decided to run for Senate — as well another home in suburban Philadelphia worth $1 million or more.
There’s also a vacation home in Palm Beach, Fla. that values Oz at $5 million to $25 million, and a cattle ranch in Okeechobee, Fla., that’s worth $1 million or more. He puts the value of the cattle at $250,000 to $500,000.
Pennsylvania is expected to be one of the most expensive Senate races during the 2022 Midterms. The primary is scheduled for May 17th.