Richard Scrushy, born in 1952, began his career in the healthcare industry at a young age. After graduating from the University of Alabama at Birmingham with a degree in accounting, he started working for a local hospital. His passion for improving healthcare services and his entrepreneurial spirit led him to found his first company, Extend Health, in 1983.

Scrushy’s career took a significant turn when he founded HealthSouth Corporation in 1984. Starting with a single hospital, he grew the company through strategic acquisitions and innovative business practices. Under his leadership, HealthSouth became one of the largest healthcare providers in the United States, making Scrushy a prominent figure in the industry and a well-known public figure.

Richard Scrushy’s Current Net Worth (2025)

As of 2025, Richard Scrushy’s estimated net worth stands at $1.2 billion, according to Forbes. This significant wealth is a testament to his successful career in the healthcare industry and his strategic business acumen.

Career

Richard Scrushy is a prominent figure in the healthcare industry, known for founding and serving as CEO of HealthSouth Corporation. He led the company from 1984 to 2003, expanding it into one of the largest providers of inpatient rehabilitative healthcare services in the United States. Despite facing legal issues in the early 2000s, Scrushy’s career has since bounced back, with him serving as the CEO of a new healthcare venture, HealthSouth Corporation, from 2012 to 2017.

Other Ventures

Beyond his work in the healthcare industry, Scrushy has ventured into other business endeavors. He is the founder of Scrushy Group, a private investment firm focusing on healthcare, technology, and real estate. Additionally, he serves on several corporate boards, providing strategic guidance to various companies.

Assets

Richard Scrushy’s assets include a substantial real estate portfolio, with properties in Alabama, Florida, and other states. He also owns a luxury yacht, a private jet, and a collection of vintage cars. His primary residence is a sprawling estate in Birmingham, Alabama, valued at over $10 million.

Annual Income

Richard Scrushy’s annual income varies depending on his roles and investments. As of 2021, his compensation as the CEO of HealthSouth Corporation was approximately $2.5 million. However, this figure can change from year to year based on his business activities and investments.

Frequently Asked Questions about  Richard Scrushy

Frequently Asked Questions: Richard Scrushy Net Worth

1. What is Richard Scrushy’s net worth?

Richard Scrushy’s net worth is estimated to be around $1.5 billion.

2. How did Richard Scrushy make his fortune?

Richard Scrushy made his fortune as the founder and former CEO of HealthSouth, a healthcare company.

3. When was HealthSouth founded?

HealthSouth was founded in 1984.

4. What was the peak of HealthSouth’s success?

The peak of HealthSouth’s success was in the late 1990s and early 2000s, when it was one of the largest healthcare providers in the United States.

5. What was the reason behind the HealthSouth scandal?

The HealthSouth scandal involved a massive accounting fraud, where the company overstated its earnings by approximately $2.7 billion over several years.

6. What was the outcome of the HealthSouth scandal for Richard Scrushy?

Richard Scrushy was convicted in 2006 for his role in the HealthSouth scandal and served a 6.5-year prison sentence.

7. What is Richard Scrushy doing now?

After his release from prison, Richard Scrushy has been involved in various business ventures and philanthropic efforts.

8. Has Richard Scrushy written any books?

Yes, Richard Scrushy has written a book titled “Straight to the Bottom: My Unbelievable Journey from Billionaire to Inmate.”

9. What is the main message of Richard Scrushy’s book?

The main message of Richard Scrushy’s book is the importance of integrity and ethical decision-making in business and life.

10. Are there any plans for a movie or TV series based on Richard Scrushy’s life?

As of now, there are no announced plans for a movie or TV series based on Richard Scrushy’s life.