Dr. Phil’s son Pays $10M for Beverly Hills Mansion as Dad’s Businesses Receive $7M in PPP Loans

Dr. Phil’s youngest son purchased a luxurious 6,500 square foot Beverly Hills mansion on the same day the Small Business Administration reported that the TV host’s production companies received as much as $7 million from the Paycheck Protection Program – the federal assistance plan designed to keep small businesses afloat during the coronavirus economic crisis.  

Page Six reported that Dr. Phil’s Peteski Productions received a PPP loan, an incentive created to keep workers on their employer’s payroll, valued between $2 to $5 million.  Stage 29 Productions, the business he operates with eldest son Jay McGraw, was awarded a loan between one and two million dollars. The companies produce CBS’s top-rated Bull, medical talk show The Doctors, tabloid syndicate Daily Mail TV, and namesake mainstay Dr. Phil.

Jordan McGraw, who is engaged to E! host Morgan Stewart, made the ostentatious $10 million purchase in Beverly Hills’ swank Trousdale Estates neighborhood. The house features a wooden wet bar, plunge pool and spa, an enormous Italian tile fireplace, an outdoor kitchen, and gated security walls. 

Dr. Phil’s son bought the lavish mini-estate for cash, and while the transaction is in no way connected to the PPP loans, the coincidental timing makes the purchase seem distasteful… Particularly when it occurs on the same day it was revealed that the companies owned by McGraw’s famous father received millions in government relief funds.       

Dr. Phil is no stranger to controversy. In April he came under fire for criticizing stay at home orders and questioning the mental health effects of quarantine.  This is just the latest event in a professional career filled with lawsuits, scandals, and social media apologies. 

 

12 COMMENTS

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Bernie99
Bernie99
24 days ago

The guy is a phony and a fraud and a TV hack.

john todd
john todd
24 days ago
Reply to  Bernie99

Typical Hollywood, another phoney!

ernaldo
ernaldo
24 days ago

Shocking the fat freak is also a scammer demotard…..Shocking.

Vladilyich
Vladilyich
24 days ago

The author of this piece of crap is just jealous they can’t buy a $10-million dollar home for CASH our of posket (NO GOVERNMENT MONEY INVOLVED). tRY GETTING A REAL JOB INSTEAD OF WRITING IMAGINARY STORIES.

O Olon
O Olon
24 days ago

WHAT A HUGE HYPOCRITE…………………I HOPE THE GOVT GOES AFTER HIM FOR FRAUD.

BOYCOTT HIS SHOW…………………………..

john todd
john todd
24 days ago

Typical Hollywood. They are all corrupt, sinister and anti American!
Bring Back McCarthyism!

ROBERT POWELL
ROBERT POWELL
24 days ago

very typical hollywierd crooked communist, lie,cheat,steal,make evidence ,anything to make some poor shmuck look bad. BIG FRAUD,

BwaHa
BwaHa
24 days ago

He’s still on the air?! WOW! I can’t believe our country is this gullible.

KAG2020! TRUMP2020!

Anonymous
Anonymous
24 days ago

Gov. Newsom’s winery received PPP money and he kept it open while ordering wineries in other counties closed!

Frankly, the government illegally ordered businesses shut down and should pay for the money they cost businesses whether the people are wealthy or not – but not the governor who called for the lock down. One curious thing is, the PPP loan is 2.5 times salary, it is suprising that a $5 million company would have $7 million in salaries over 2.5 months.

N A
N A
24 days ago

SOUNDS like 👍 another SLIME BALL like 👍the BIDEN TWINS .CLINTON’S , PELOSI’S , SCHIFF’S , SCHUMER , NADLER ‘S , WATER’S . They are ALL FRAUD ‘S and THUG’S .

LKTI
LKTI
24 days ago

Discovered nationally by Oprah.

Rocks Matter
Rocks Matter
24 days ago

Hilarious

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