Sometimes psychologist become administrators for non-proftts or for profit companies. Not many psychologists become wealthy in clinical practice but through engaging in private business they attain wealth. I believe John Watson acquired most of his wealth in the advertising/marketing industry after being terminated from a University position. Psychologists are going into politics and having some success. Logan Wright acquired his wealth from Sonic Restaurants and he was APA president in 1986. He taught at OUHSC many years but left in his 40's to devote full time work with his Sonic Restaurants Company in Oklahoma City, Oklahoma.
I guess from many I have talked with throughout the years, some psychologists acquire their wealth outside of psychology. Seems that in Kansas most of the Psychologists also have farms and this is where they make most of their money.
Last edited by 4410; 05-04-2012 at 10:57 AM.