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Millionaires Unveiled

28: Net Worth of 6.5M - Doctor with a Life Changing Tesla

Millionaires Unveiled

Jace Mattinson

Investing, Millionaire, Financialplanning, Business, Self-improvement, Education, Finance

4.8872 Ratings

🗓️ 7 May 2018

⏱️ 41 minutes

🧾️ Download transcript

Summary

Doc G, today's guest, is a physician with a current net worth of 6.5M. As a physician with numerous side hustles, his income once reached about 1M per year; He currently makes about 250K per year. We discuss his side hustles and how much income they provide, how charitable giving has played a role in his wealth growth, and whether people treat him different once they find out he's wealthy. He also shares financial goals and several tips for financial success.

Transcript

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0:00.0

You're listening to the Millionaires Unveiled Podcast, where you'll hear the stories and

0:06.0

interviews of everyday millionaires.

0:09.1

We'll unveil their decisions, their strategies, and their current portfolio allocation.

0:15.8

Now to your hosts, Clark Sheffield and Jace Matinson.

0:20.3

Welcome to the Millionaires and Build Podcast. Before we get in the show today, I just wanted to remind you, we have a ton of exciting things coming up in the pipeline for the show for this summer so you want to

0:35.2

tune into those. Also check us out on all the social outlets at a millionaires unveiled.com.

0:41.7

In addition we have several properties that we are closing on shortly.

0:46.0

If you'd like to invest let us know send us an email and we'll get you some of the documents

0:51.5

once again that's for accredited investors.

0:54.4

So without further ado, let's get right into the show.

0:57.3

So on today's show, we have Doc G, and he is a physician focused on internal medicine with a net worth of about 6.5 million.

1:06.4

And about 2 million of that is in taxable accounts, 1.5 million in real estate, and then he has cash in 529 accounts and a few other things.

1:17.5

And a couple things that spit out to us in this interview, he has eight streams of income and you know he started selling artwork as one of his

1:25.8

streams of income he's since stopped and pick up some other side gigs and so he

1:29.4

talks about those different side hustles and how much he makes from each of those.

1:34.4

He makes about 60K a month, half of which comes from the side incomes.

1:39.5

He also talks about hiring a financial advisor and then later firing his financial advisor and

1:45.7

what led to that decision. So without further ado let's get into the interview

1:49.8

with Doc G. Welcome to the Millionaires and Vail podcast. Today on the call we've got Doc G. Welcome to the Millionaires and Vealed Podcast.

1:52.6

Today on the call we've got Doc G.

1:55.6

Do you want to just give us a little bit about your background and what you're up to?

1:59.7

Sure.

...

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