Phillip Frost Biography
Phillip Frost is a prominent American entrepreneur. He performed as a lieutenant commander in, U.S. Public Health Service at the National Cancer Institute. He was a professor of dermatology at the University of Miami School of Medicine.
He was the chairman of the Department of Dermatology at Mt. Sinai Medical Center of Greater Miami, Miami Beach, Florida.
10 Quick Facts About Phillip Frost
- Name: Phillip Frost
- Age: 87 Years (2023)
- Birthday: Not Available
- Zodiac Sign: Not Available
- Height: Average
- Nationality: American
- Occupation: Entrepreneur
- Marital Status: Married
- Salary: Not Available
- Net worth: $1.8 Billion
Phillip Frost Age
Frost is 87 years old as of 2023, he was born in 1936, in the United States. His date of birth and birthday are publicly not available. We will update this section once this information is available.
Phillip Frost Height
Frost stands at an average height. He appears to be quite tall in stature if his photos, relative to his surroundings, are anything to go by. However, details regarding his actual height and other body measurements are currently not publicly available. We will update this section when the information is available.
Phillip Frost Weight
Frost has a moderate weight. However, details regarding his actual weight and other body measurements are currently not publicly available. We will update this section when the information is available.
Early Life and Education
Frost was born in 1936, into a focused Jewish family in the United States. He spent his childhood with two elder brothers, who are 15 and 16 years older than him respectively. Both brothers battled in World War II, one in the Air Force and one in the Army. He got his first job at the age of 13 years, operating in a local hardware shop after school.
Frost achieved a B.A. in French literature from the University of Pennsylvania, in 1957. He then obtained an M.D. degree from the Albert Einstein College of Medicine, in 1961 and moved to the University of Paris, from 1955 to 1956.
Rise to Fame
Frost’s rise to fame began in the early 1960s, when he served as a lieutenant commander in the U.S. Public Health Service at the National Cancer Institute. After completing his military service, Frost joined the faculty of the University of Miami School of Medicine, where he taught dermatology and developed new methods for treating skin diseases.
In 1972, Frost founded Ivax Corporation, a generic drugmaker. Ivax quickly grew to become one of the largest generic drugmakers in the world, and Frost became a multimillionaire. In 2005, Frost sold Ivax for $7.4 billion.
Phillip Frost Parents
Frost was born into a Jewish family residing in South Philadelphia. His father held a shoe store in the Italian Market and the family lived in a quarter on top of it.
Phillip Frost Siblings
Frost grew up alongside his two elder brothers who battled in World War II, one in the Air Force and one in the Army.
Phillip Frost Wife
Frost is married to Patricia Orr, an elementary school principal. They live in Star Island, Miami Beach. There’s no information known about his children, however, their details will be updated once released to the public.
Phillip Frost Net Worth
Frost has an estimated net worth of $1.8 Billion dollars as of 2023. This includes his assets, money, and income. His primary source of income is his career as an Entrepreneur. Through his various sources of income, Phillip has accumulated good fortune but prefers to lead a modest lifestyle.
Phillip Frost Measurements and Facts
Here are some interesting facts and body measurements you should know about Phillip Frost.
Phillip Frost Wiki
- Full Names: Phillip Frost
- Popular As: Entrepreneur
- Gender: Male
- Occupation / Profession: Entrepreneur
- Nationality: American
- Race / Ethnicity: Not Known
- Sexual Orientation: Straight
Phillip Frost Birthday
- Age / How Old?: 87 Years(2023)
- Zodiac Sign: Not Available
- Date of Birth: Not Available
- Place of Birth: United States
- Birthday: Not Available
Phillip Frost Body Measurements
- Body Measurements: Not Available
- Height / How Tall?: Average
- Weight: Moderate
- Eye Color: Not Available
- Hair Color: Not Available
- Shoe Size: Not Available
Phillip Frost Family and Relationship
- Father (Dad): Not Known
- Mother: Not Known
- Siblings (Brothers and Sisters): Not Known
- Marital Status: Married
- Wife/Spouse: Married to Patricia Orr
- Children: None
Phillip Frost Networth and Salary
- Net Worth: $1.8 Billion
- Salary: Not Available
- Source of Income: Entrepreneur
Phillip Frost House and Cars
- Place of living: To be Updated
- Cars: Car Brand to be Updated
Career
Frost is a successful businessman and philanthropist who has made significant contributions to the field of healthcare. He is the chairman and CEO of Opko Health, a diversified healthcare company, and the founder of Ivax Corporation, a generic drugmaker. Frost has also held positions at Key Pharmaceuticals and the National Cancer Institute. Frost’s career in healthcare began in the early 1960s, when he served as a lieutenant commander in the U.S.
Public Health Service at the National Cancer Institute. After completing his military service, Frost joined the faculty of the University of Miami School of Medicine, where he taught dermatology and developed new methods for treating skin diseases. In 1972, Frost founded Ivax Corporation, which grew to become one of the largest generic drugmakers in the world. Frost sold Ivax in 2005 for $7.4 billion.
In addition to his work in the pharmaceutical industry, Frost has also made significant contributions to the field of medical research. He is the co-inventor of a revolutionary disposable punch biopsy tool, as well as various therapeutic methods for treating rhinitis, cell disease, and diabetes. Frost is also a strong advocate for public health and has donated millions of dollars to support medical research and education.
Frost’s many accomplishments have earned him numerous awards and honors, including induction into the Florida Inventors Hall of Fame and the American Academy of Dermatology’s highest honor, the Founders Award. He is also a member of the National Academy of Medicine and the American Academy of Arts and Sciences.
Phillip Frost Science Museum
Frost donated $35 million towards the construction of the new Miami Science Museum building at Bicentennial Park in Downtown Miami, named the Phillip and Patricia Frost Museum of Science. He donated an additional $10 million to support the development of the science museum’s planetarium, the Frost Planetarium. Phillip serves on the board of regents of the Smithsonian Institution as a member of the board of trustees of the University of Miami, of the Scripps Research Institute.
The Frost family supports scholarships for advanced study at the University of Oxford in STEM subjects. The scholarships are open to Israeli students and students from Florida. A new set of STEM institutes was announced on January 23, 2017, by the University of Miami President Julio Frenk at the 50th annual Miami Winter Symposium. It was attended by over 100 scientists, researchers, and doctors from 28 countries.
The initiative is funded by a $100 million gift by the Frosts announced during Frenk’s inauguration. A portion of the $100 million gifts will be used for the construction of a modern science and engineering building on the University’s Coral Gables campus. It shall be named Phillip and Patricia Frost Science and Engineering Building.
Phillip Frost Entrepreneurship
Frost is the CEO and Chairman of OPKO Health, Inc. after the consummation of the merger of Acuity Pharmaceuticals Inc., Foptix Corporation, and exogenous, Inc. Frost and OPKO were charged on September 7, 2018, with participating in a “pump and pump” scheme to defraud investors. Frost is accused by the U.S Securities and Exchange Commission of violations of multiple sections of the Securities Act of 1933 and of the Securities Exchange Act of 1934.
Later, he became the chairman of the board of Ladenburg Thalmann Financial Services, an investment banking, asset management, and securities brokerage firm, providing services through its principal operating subsidiary, Ladenburg Thalman & Co. Inc. He has been a director of Ladenburg Thalmann, since March 2005. Frost also serves as chairman of the board of directors of PROLOR Biotech, Inc.
Frost is also a director of Castle Brands, a developer and marketer of premium brand spirits, and Continucare Corporation, Provider of outpatient healthcare services. He previously served as a director for Northrop Grumman Corp., SearchMedia Holding Limited formerly Ideation Acquisition Corp., Protalix Bio Therapeutics, Inc., and SafeStitch Medical Inc., and as a governor and co-vice-chairman of the American Stock Exchange.
Notable Travel, Events, and Experiences
- Visiting China in the early 1980s to explore the potential for generic drugs in the Chinese market.
- Meeting with Nelson Mandela in South Africa in the early 1990s to discuss the importance of access to healthcare in developing countries.
- Visiting the World Health Organization headquarters in Geneva, Switzerland, to discuss global health initiatives.
- Meeting with Pope Francis at the Vatican in 2015 to discuss the importance of faith-based healthcare.
Social Impact: Philanthropic, Charitable and Community Involvement
- The Phillip Frost Biomedical Research Foundation, which supports medical research at the University of Miami Miller School of Medicine.
- The Patricia and Phillip Frost Art Museum at Florida International University, which houses a world-renowned collection of Latin American art.
- The Frost School of Music at the University of Miami, which is one of the leading music schools in the country.
- The Frost Children’s Hospital at Miami Children’s Hospital, which is one of the leading pediatric hospitals in the country.
Phillip Frost Awards Accomplishments and Achievements
- The Founders Award from the American Academy of Dermatology, the organization’s highest honor.
- Induction into the Florida Inventors Hall of Fame.
- The Albert Lasker Award for Clinical Medical Research, one of the most prestigious awards in medicine.
- The John P. McGovern Award for Lifetime Achievement in Medicine from the Institute of Medicine.
- The Presidential Medal of Freedom, the highest civilian award in the United States.
- Founded Ivax Corporation, a generic drugmaker that grew to become one of the largest in the world.
- Sold Ivax Corporation for $7.4 billion in 2005.
- Co-inventor of a revolutionary disposable punch biopsy tool.
- Developed new methods for treating skin diseases.
- Donated millions of dollars to support medical research and education.
Hobbies and Interests
- Reading
- Travel
- Spending time with family and friends
- Playing sports
- Volunteering
Quotes
Final Thoughts
Frost is a highly accomplished businessman, philanthropist, and inventor who has made significant contributions to the field of healthcare. He is a true pioneer in the field of generic drugs and his contributions to medical research have helped to improve the lives of people around the world.
Frequently Asked Questions About Phillip Frost
Phillip Frost is a prominent American entrepreneur. He performed as a lieutenant commander in, U.S. Public Health Service at the National Cancer Institute. He was a professor of dermatology at the University of Miami School of Medicine.
Phillip was born in the United States, he has not shared his date of birth with the public, as it is not documented anywhere as of 2023.
Frost stands at an average height, he has not shared his height with the public. His height will be listed once we have it from a credible source.
Yes, Frost is married to Patricia Orr, an elementary school principal. They live in Star Island, Miami Beach. There’s no information known about his children, however, their details will be updated once released to the public.
Frost has an approximate net worth of $1 million and $5 million. This amount has been accrued from his leading roles in the entertainment industry.
Details about Frost’s salary are not yet disclosed. However, information about how much he makes will be updated as soon as it is available.
Because of personal reasons, Phillip has not shared his precise location of residence. We will immediately update this information if we get the location and images of his house.
Phillip is alive and in good health. There have been no reports of him being sick or having any health-related issues.
Frost is The Chairman & CEO of OPKO Health, Inc.
Phillip Frost Contacts
Related Biographies.
You may also like to read the Bio, Career, Family, Relationship, Body measurements, Net worth, Achievements, and more about:
About InformationCradle Editorial Staff
This Article is produced by InformationCradle Editorial Staff which is a team of expert writers and editors led by Josphat Gachie and trusted by millions of readers worldwide.
We endeavor to keep our content True, Accurate, Correct, Original and Up to Date. For complain, correction or an update, please send us an email to informationcradle@gmail.com. We promise to take corrective measures to the best of our abilities.