His two sons, Jay and Jordan, have given him four beautiful grandchildren.

The famous psychologist has invested in several properties, but his primary residence is worth a whopping $30 million.

Phil McGraw is a famous television personality, author, and psychologist. He first found fame thanks to “The Oprah Winfrey Show,” which led to the creation of his own program, “Dr. Phil,” a colossal sensation nationwide.

Most people don’t know that McGraw went to college on a football scholarship, but an injury derailed his path as an athlete, so he turned to psychology just like his father. He graduated from Midwestern State University in Texas and later earned his Master’s and Ph.D. at the University of North Texas.

After school, his father, another partner, and he started a company focused on self-motivation and showing people how to live better. McGraw later started his practice but hated talk therapy and how long it took to deliver results.

Therefore, he began a career as a consultant, and in 1989, he started Courtroom Sciences, Inc. with an attorney friend. They offered mock trials, jury selection, etc., to real lawyers so they could study cases better. Many cases benefited from the services of that firm, and he developed an excellent reputation.