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Schmidt vs Frist Jr.

Alphabet (Google) and HCA Healthcare.

The differences

  • Forbes puts Eric Schmidt about $0.6B ahead of Thomas Frist Jr..Forbes figures from 9 Oct 2026 and 9 Oct 2026.
  • Eric Schmidt: built it up. Thomas Frist Jr.: co-founded it.
  • Thomas Frist Jr. is about 17 years older than Eric Schmidt.
  • Eric Schmidt has held a public or government advisory role; Thomas Frist Jr. has none on record.

Put someone else on either side

Side by side

SchmidtFrist Jr.

The money

Net worth, Forbes
$38BForbes, 9 Oct 2026
$37.4BForbes, 9 Oct 2026
Net worth, Bloomberg
$58.9BBloomberg, 11 Oct 2026
$41.5BBloomberg, 17 Oct 2026
Forbes rank
No. 58Real-Time list, 9 Oct 2026
No. 59Real-Time list, 9 Oct 2026
Billionaire since
Not stated
Not stated

Where it came from

How it started
Built it upNot a founder: joined Google as board chairman in March 2001, then CEO from 2001 to 2011; his fortune is mostly the Alphabet stock he acquired there
Co-founded itFounded Hospital Corporation of America in 1968 with his father, Dr. Thomas F. Frist Sr., and Jack Massey
Main source
Alphabet stockBloomberg: 'The majority of Eric Schmidt's fortune is derived from a 1% economic interest in Alphabet'
HCA Healthcare stock, and cash from HCA share sales and dividendsBloomberg: $32.4 billion in HCA stock and $9.18 billion in cash
Companies
Alphabet (Google), Relativity SpaceAlphabet (Google): None; former CEO and chairman; Relativity Space: CEO and executive chairman
HCA HealthcareHCA Healthcare: Co-founder; no executive position
Biggest stake
Alphabet (Google)1% owned
HCA Healthcare27% owned

The person

Born
27 Apr 1955Washington, D.C., United States
12 Aug 1938Nashville, Tennessee, United States
Country
United StatesLives in Atherton, California, United States
United States
Education
Graduate degreeBS electrical engineering, Princeton (1976); MS (1979) and PhD (1982) in computer science, University of California, Berkeley
Graduate degreeMD, Washington University School of Medicine (1965); bachelor's degree, Vanderbilt University (1961)
Parents
Grew up in Blacksburg, Virginia, where his father Wilson Schmidt was a professor of economics at Virginia Tech
Father Dr. Thomas F. Frist Sr. was a Nashville cardiologist and internal medicine specialist who co-founded HCA with him

What they give

Giving Pledge
Not a signer
Not a signer
Foundation
Schmidt Family FoundationWith his wife Wendy he also founded Schmidt Ocean Institute, Schmidt Futures (2017) and Schmidt Sciences (2024)
The Frist FoundationFounded by HCA in 1982 and later made independent; he chairs it
Lifetime giving
$2BForbes, date not stated. Forbes: Wendy Schmidt 'has helped direct more than $2 billion in philanthropy alongside her husband Eric'; a joint figure, undated
Not stated

Role and record

Role now
Runs the companyCEO and executive chairman of Relativity Space
Founder, no executive roleCo-founder of HCA Healthcare; chairman of the Frist Foundation
Successor
Larry Page took back the Google CEO job from him in 2011No Schmidt family member is named in a Google executive role
Jack O. Bovender Jr. succeeded him as HCA chairman in 2002; his sons Thomas Frist III and William Frist are HCA board members
Public office
Member, President's Council of Advisors on Science and Technology; Chairman, Defense Innovation Board (US Department of Defense); Chairman, US National Security Commission on Artificial Intelligence; Member, NASA National Space Council User Advisory Group2009-2017; 2016-2020; three years, including 2020; two years, including 2020
None found
Legal record
None found
None found

Eric Schmidt against others

Eric's profile

Thomas Frist Jr. against others

Thomas's profile