Chairman of the board of Vanderbilt University. HCA is the biggest company in town and medical services is the biggest industry in town and these companies are all over this place. The new facility, to be named the Jack C. Massey Center, will be located on 15thAvenue and will be home to the Universitys Admissions Welcome Center, the recently launchedBelmont Data Collaborativeand theCone Center for Entrepreneurship, among other entities. All rights reserved. Jack C. Massey Wiki & Bio Earned $1.6 million in salary and bonus from Dollar General in 2001. Save my name, email, and website in this browser for the next time I comment. He and fellow YouTuber NoBoom used to co-own the server play.evopvp.net. However, his most important contribution to Nashville was probably his role in starting HCA. He would be very excited about the prospect of this great, new building and the future opportunities it will bring to Belmont, she said. Still controls 17.2 million shares, or 3.5%, of the companys stock worth roughly $865 million. This document may not be reprinted without the express written permission of Chattanooga Times Free Press, Inc. Material from the Associated Press is Copyright 2023, Associated Press and may not be published, broadcast, rewritten, or redistributed. Since then has donated or pledged at least $160 million to nonprofits. Massey, who died in 1990 after taking three companies to the New York Stock Exchange, is one of the schools top benefactors. Massey Welsh was born on June 24, 1996, in Bishop Auckland, England. Hospital Corporation of America co-founded in 1968 by Jack Massey, who two years later acquired control of Maryland Farm property and launched development of the office park. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. His net worth rose to $79.2 billion in 2015 from $76 billion last year. Family & Early Life The USA is where Jack C Massey was born. 100th anniversary of the birth of Nashville's most accomplished entrepreneur, Jack C. Massey Graduate School of Business at Belmont University, Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. A new glass-enclosed atrium will be added to the building, and more space will be available for faculty and students to work together. Massey College of Business Dean Dr. Sarah Gardial said, The new Jack C. Massey Center will elevateand celebratethe tremendous influence of Jack Massey as a businessman and as a leader who thought outside the box, conducted himself with the highest character and achieved phenomenal success. In addition to housing offices for Belmonts entrepreneurship and social entrepreneurship programs, the new Jack C. Massey Center is also expected to include dedicated spaces for theKennedy Center for Business Ethics, theCenter for International Businessand theBeasley Institute for Free Enterprise. In fourth place was Amancio Ortega, the Spanish co-founder of clothing retail chain Zara, with a net worth of $64.5 billion. A native of Charleston, S.C., and graduate of Vassar, was married to the late Bronson Ingram. Restaurant Properties. University Marketing and Communications615-460-6650communication@belmont.edu, College of Entertainment and Music Business, College of Liberal Arts and Social Sciences, College of Theology and Christian Ministry, OMore College of Architecture and Design, Interdisciplinary Studies and Global Education, Belmont University Tops Out New Jack C. Massey Center, Belmont University Data Collaborative Launches Online Data Platform to Further Support Collaboration around Community Issues, Guaranteed Admittance, Scholarship for Middle Tennessee Community College Students through Phi Theta Kappa, Belmont Cuts Ribbon on New Rooftop Tennis Facility on Campus, Belmont University Admissions to Remain Test Optional for Next Year. Massey gifts also established the Doyle Rogers Distinguished Chair of Law. Jack C. Massey Jack Carroll Massey (June 15, 1904 - February 15, 1990) was an American venture capitalist and entrepreneur who owned Kentucky Fried Chicken, co-founded the Hospital Corporation of America, and owned one of the largest franchisees of Wendy's. [1] [2] He was the first American businessman to take three different companies public. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. The co-founder of Microsoft Corp. has topped the list for 16 of the last 21 years. Although Jack Massey Welsh's actual net worth is not publicly reported, NetWorthSpot sources online video data to make an estimate of $791.31 thousand. His net worth rose to $79.2 billion in 2015 from $76 billion last year. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. With this donation, the Massey Foundation provides the lead gift in a planned $10 million renovation of Belmont's Massey Business Center as well as secures . [1][4] He built the store into a pharmacy chain, selling it six years later. In Georgia, the richest people include two media billionaires, Anne Cox Chambers worth $17 billion and Jim Kennedy worth $8.5 billion, and Home Depot Founder Bernard Marcus, worth $3.8 billion. His concentration, dedication, and hard work have assisted him to get this position. All Rights Reserved. Next is investor Warren Buffett, who moved up one slot this year with a net worth of $72.7 billion. | Updated March 2, 2015 at 11:50 a.m. Three Tennesseans and three Georgians are among the richest billionaires in the world, according to Forbes magazine. The donationwhich secures the naming rights to a to-be-constructed building designed to foster explorations of data, discovery and designcontinues a longstanding tradition of generous support of Belmont by the Massey family while honoring the legacy of one of the greatest entrepreneurs and businessmen in American history. Generally though, ferreting out the information to estimate a private citizens net worth isnt an easy task. Recently moved into new 22,609-square-foot home on 47.5 acres of Alvin Beamans former farm on Hidden River Lane in Franklin, next to Alan Jackson. Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. Jack Carroll Massey (June 15, 1904 - February 15, 1990) was an American venture capitalist and entrepreneur who owned Kentucky Fried Chicken, co-founded the Hospital Corporation of America, and owned one of the largest franchisees of Wendy's. He was the first American businessman to take three different companies public. And that takes timea lot of time if the objective is to provide a well-researched list of the top 50 or 60 local residents. But fortunes are changingeven the large onesand given the extent to which these fortunes shape the lives of those of us unlikely to ever be on such a list, they merit close scrutiny. Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired Memphis beer distributor, not included. Someone knowledgeable of the Belle Meade real estate market suggested to NashvillePost.com that an asking price of as much as $7.5 million would not be out of the question. The Massey. [1], Massey transformed Winners Corporation, one of the largest franchisees of Wendy's hamburger outlets into a major fast-food franchise operation. Structural Info Filmography Known for movies Runaway Jury 2003 as Henry Wood Solo Flight: The Genius of Charlie Christian 1992 as Himself Led the spinout of HealthTrust Inc. in 1987 and came back as chairman of the merged companies. Barbara Massey Rogers and the Jack C. Massey Foundation jointly announced Monday a new $15 million gift to Belmont University, matching the largest single gift in university history. Brown Jr., Massey embarked on a rapid expansion program, growing the business to approximately 3,500 franchises and grossing $700 million in annual revenue. He currently resides in England, United Kingdom. Jack Massey's granddaughter Beth Poe speaks during the Topping Out ceremony. Company holdings include Danner-Eller Golf Properties, owner of Hermitage Golf Course, Stonebridge Golf Course (Memphis), and a course in Greenville, S.C.; Fifth Quarter Restaurants; several car dealerships, including stakes in Neill-Sandler Toyota, Buick, Pontiac, GMC Truck, Ford, Lincoln, Mercury, and Toyota dealerships in Murfreesboro, Knoxville and Alcoa; and, according to Hoovers Inc., stakes in salmon farms and eucalyptus tree farms in South America. To be honest, it was a really hard way to walk. The word of God states the importance of building a foundation on the Lord, with Jesus Christ as the chief cornerstone. High level tennis player, serves as a trustee of the U.S. Equestrian Team when not watching over his investments or planning his next major charitable gift. Jordan had a net worth of $1 billion, the magazine said. The Massey family prays that all who walk through this building continue to be living stones, pointing others to the grace of Jesus.. Barbara Massey Rogers Acceptance Speech on . When was Jack Massey Welsh born? With this new gift we will be able to extend that impact even further, inspiring every student, employee and visitor to our campus with the entrepreneurial spirit, moral character and innovative leadership Jack demonstrated with exceptional effectiveness throughout his career. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. Co-founded Hospital Corporation of America with his late father and Jack Massey, who earlier made a fortune with Kentucky Fried Chicken. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. The Center will also be home to a new Welcome Center for the University and house its Admissions Team, becoming the Universitys new front door. In addition, Massey gifts have endowed Belmonts Chair in Entrepreneurship, leading that program to beamong the best in the nation, as well as the Massey Center for Financial Information, the first financial training lab in Tennessee when it opened in 2005. At the age of 56, becoming bored with retirement, he went on to secure a place in American business history by helping take three separate companies to the New York Stock Exchange. University Marketing and Communications615-460-6650communication@belmont.edu, College of Entertainment and Music Business, College of Liberal Arts and Social Sciences, College of Theology and Christian Ministry, OMore College of Architecture and Design, Interdisciplinary Studies and Global Education. Martins 9.2% stake could be worth $75 million to $95 million in an initial public offering, which is likely within the year. Ingram investment unit managed by son-in-law Richard Patton, overseeing stakes in numerous companies, including 12.3% position in The Krystal Co. of Chattanooga. [1][2][4] With John Y. We are having cake in front of his bust to acknowledge his birthday and how much he meant to the school, said Cindy Painter, director of external relations for the school. Beth Poe, Barbara Massey Rogers daughter and Masseys granddaughter, spoke at the ceremony on behalf of her family. Snapchat's other co-founder, 25-year-old Bobby Murphy, had the same net worth as Spiegel. [7], Massey was a donor to Belmont University, where the Jack C. Massey Graduate School of Business was named in his honor. Massey hired the Nashville law firm Waller Lansden Dortch & Davis, LLP to assist with the company's incorporation and later complete many healthcare mergers and acquisitions for several decades. Gifts from Mr. Massey and his family over the years have helped Belmont establish its undergraduate and graduate business programs and built both the Massey Business Centerwhich houses the Jack C. Massey College of Businessand the Massey Performing Arts Center. Three co-founders of Airbnb, the vacation-home rental website, also made the list. In 1982, Forbes estimated his net worth at $100 million. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. The Nashville Health Care Council, a Chamber of Commerce-related organization, today estimates that there are 300 health care companies in Nashville that operated on a multi-state level or larger. Vanguards annual revenue run-rate now approaching $1 billion and operating cash flow nearing $100 million. But there were 197 women, up from 172 a year ago. This building is going to be the intersection between our campus, our programs, our students and faculty, and the community around us. Firm is located in a $12.3 million Franklin office campus in which McWhorter is a major investor. [1], Massey was an initial investor in the Corrections Corporation of America in the 1980s. Forbes said Bill Gates remained the richest person in the world. Belmont has laid this sure foundation. The Masseys married in 1971. 248 from 156 on the 2017 list with a net worth of $3.1 billion attributed by Forbes to new information released during . While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. Added together, they were worth a combined $7.05 trillion, up from $6.4 trillion last year. Net gain from sale of non-inventory assets: $0-100%: Gross sales of inventory: $0: $0-Miscellaneous revenues: $0: $0-Total revenues: $1,107,784: $1,144,219 . He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont University's biggest benefactors. Before becoming an adult star, Gemma Massey was a dental nurse. We are committed to: relevant, interactive and experiential academic programs. However, some people have estimated that Jack Massey Welsh's net worth might truly be far higher than that. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. In fact, it was largely under Masseys influence that Belmont has such a business program; he and several of his family members made donations that made the school possible. Retired this year after leading major restructuring effort through Medicare billing fraud investigation. Native of Columbia, Tenn., where she and sister Elizabeth Queener own the familys 230-acre farm that has been in the Queener family for six generations. [1][3] He then received a pharmacist's license when he was 19 and bought his first drugstore when he was 25. Additional properties include a $2.4 million home at Center Hill Lake and a 5,000-square-foot condo in Beaver Creek, Colo., valued at $2.9 million. Come Away Plantation includes six lakes, farm equipment, automobiles, an 1860s plantation home, cottages, a tennis court, corporate retreat and conference areas. [3] He was the owner of "403 feet of oceanfront property directly in front of Mar-a-Lago" in Palm Beach, Florida, which Donald Trump purchased for $2 million. Spends much of her time on philanthropic pursuits, especially arts and education. And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. Owns the former Brooke House at the corner of Tyne and Belle Meade Boulevards, currently on the market for more than $7 million, a house on Chickering Road appraised at $2.6 million, and a home on South Ocean Boulevard in Palm Beach, Fla. Oak Hill home worth roughly $2.3 million. Massey was a co-founder of the Hospital Corporation of America (now known as HCA Healthcare) and served as Chairman of the Board, Chief Executive Officer, Chairman of the Executive Committee and a member of the Board of Directors. Her modeling career was . Shares in those companies worth $22 million. His generous contributions are most visible in the form of the Jack C. Massey Business Center on the Belmont University Campus, but he also played a role in Nashvilles cultural life as the first chairman of the Tennessee Performing Arts Center. With wife Patricia, owns more than 60 acres and three homes in Belle Meade worth roughly $23 million. [3] His alma mater, University of Florida, named the Jack C. Massey Professorship Fund for him. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. You have permission to edit this article. [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. Exercises sole or shared control over roughly 48.5 million shares, or 14.6%, of Dollar General stock valued at about $836 million. Also a longtime board member of Thomas Nelson Inc., in which he holds a $2.3 million stake. A foundation honoring HCA Holdings Inc. founder Jack C. Massey donated $6.75 million to Belmont University College of Business Administration to help renovate its building. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. At 73, Curreys investment portfolio is still weighted with American Express stock, though he has donated or sold chunks over the years to support many philanthropic endeavors (Montgomery Bell Academys Currey Gymnasium, Vanderbilts Brownlee O. Currey Jr. Tennis Center, and most recently, the Currey Ingram Academy in Williamson County). Also a big Easter Seals supporter. Now people from all walks of life have started evaluating his merits. Current net worth is $1,572,900, while in 2021 Jack had a net worth of $1,399,881. In second place is Mexican telecommunications mogul Carlos Slim Helu, with a net worth of $77.1 billion. Although there has been a lot of debate over the years about who was the most important of the four founders, there is no question that Massey was the one with the most business experience when HCA was founded in 1968. anthony apocalypse costume; mark dellagrotte record; shohreh aghdashloo ever after; wendy's employment verification; is it haram to wear shorts to sleep It reveals some things people might not fully appreciate: Marthas money is Nashvilles culture. Founder of Franklin Financial Corp. Controls more than 4.5 million shares of stock worth $111 million. All Rights Reserved. School officials expect construction to begin in May and conclude by fall 2016. In 1968, Massey challenged the community to build a business school at Belmont that served Nashville. Dean of Belmonts College of Business Dr. Sarah Gardial said the new building is the quintessential piece of his influence on Belmonts campus. Most of the those on the list were men. Two other just-completed condos valued at $6.5 million total. Sold it back to them in 1998, reportedly clearing $25 million. The latter two properties have a combined market value of $5 million. Advertisements. 2023 www.tennessean.com. March 2, 2015 at 11:49 a.m. The 2002 Rich List focuses on the 10 wealthiest people in Middle Tennessee. Your email address will not be published. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. NashvillePost.com has learned that Alyne Queener Massey, widow of the late business icon Jack Massey, has begun the process of selling her house at the intersection of Tyne Boulevard and Belle Meade Boulevard, across the street from the Belle Meade Country Club. Masseys achievements are especially notable when one considers that he was born in virtual poverty in rural Georgia. Both of Frists brothers, U.S. Sen. Bill Frist and Robert Frist Sr., are physicians. Withdrew $140 million of capital from Shoneys in 1988, after building chain to more than 1,300 stores. The home sits on a nearly four-acre estate. On each of the channels, he has a varying number of followers. For the 2002 Rich List, the Post has focused in on Nashvilles 10 wealthiest residents. [1] He had a daughter, Barbara Massey Rogers and three grandchildren. Its style and location make it indisputably one of the most desirable houses in all of Nashville. Forbes pegged his worth at roughly $1.5 billion. His business expanded into a multi-city wholesale surgical supply operation which he sold to the A.S. Aloe Division of the Brunswick Corporation in 1961. The donation will allow the school to upgrade classrooms, floors, office space and technology. His gifts have supported Belmonts undergraduate and graduate business programs and built the Massey Business Center and the Massey Performing Arts Center. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. Stakes in numerous other companies, including HealthStream and Symbion, a surgery center company that has filed IPO plans and in which Martin has a 7.2% ownership interest. [1] He also had an adopted son Don who pre-deceased him. [3], Massey began his business career working as a delivery boy in his uncle's drugstore. The Massey Business Center, located on Wedgewood Avenue, will undergo a $10 million renovation next year that will expand the buildings size and allow for greater enrollment. Well more than $100 million in real estate, and I dont owe anybody anything, he says. Through this new building, that legacy will be enhanced even further as his values and entrepreneurial mindset are proactively and intentionally shared as an example to everyone who enters those doors.. Plans for the building include incorporating technology to help share the Jack C. Massey story to inspire students, guests and future leaders across every potential field of study. A trustee of Vanderbilt University and board member of the Urban Land Institute. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. He was head of the Winners Corporation when it secured a place on the Exchange in 1984, having previously served as chairman when Kentucky Fried Chicken Corporation and Hospital Corporation of America (HCA) were listed in 1969 and 1970, respectively. While relative fortunes may wax and wane, the core wealth formed by the estates, business empires and dynasties of those on this years list are likely to remain whole. Peggy Hutton of Fridrich & Clark is handling the potential transaction. Basketball legend Michael Jordan joined the list for the first time this year, thanks to his ownership in basketball team Charlotte Hornets and payouts form his Nike brand. Massey died in 1990 at his winter home in Palm Beach, Florida. For more detail on the Frist home, see companion story, The House that Frist Built.. The Nashville billionaire, who started HCA with his father and Jack Massey in 1968, is worth an estimated $7.6 billion. Owns and leases most real estate Franklin National Bank utilizes. Other tech billionaire newcomers were two co-founders of taxi-ordering app Uber and one of its executives. Bulk of Curreys wealth stems from the sizeable stake in American Express he received with its 1967 acquisition of Equitable Securities, a company co-founded by his father some 40 years earlier. He does, however, have an estimated net worth of $900,000. Jack Carroll Massey (June 15, 1904 February 15, 1990) was an American venture capitalist and entrepreneur who owned Kentucky Fried Chicken, co-founded the Hospital Corporation of America, and owned one of the largest franchisees of Wendy's. He also did not get involved in any of the three companies he took to the Big Board until late in life; from 1930 until 1964 he was the owner of a drug store chain and surgical supply business in Nashville. Parking lot czar. To be one of the richest people on Earth, he had to do all these things in his life. Jack Carroll Massey (June 15, 1904 February 15, 1990) was an American venture capitalist and entrepreneur who owned Kentucky Fried Chicken, co-founded the Hospital Corporation of America, and owned one of the largest franchisees of Wendy's. As of 2023, Jack Massey Welsh's net worth is $100,000 - $1M. The past year wasnt an especially enriching one for the citys wealthy. He is best known for being a YouTuber. That equals more than two-thirds the money collected annually from Tennessee taxpayers. He had topped the list in 2013. Chief executive and owner of conglomerate The Danner Company, based on International Plaza near Nashville International Airport. The first person in history to take three unrelated companies to the New York Stock Exchange, Massey's gifts helped Belmont establish its undergraduate and graduate business programs and built both the Massey Business . Jack Massey Welsh is a member of YouTube Star Age, Biography and Wiki Net worth: $600 million Some Jack Massey Welsh images About YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 390,000 subscribers. Jack Massey Welsh's age is 26. In addition, Massey made substantial contributions to Montgomery Bell Academy, Vanderbilt University Law School, and Cheekwood. He was originally known for his Minecraft-centric content. [6] The company became the nation's largest chain of for-profit hospitals and Massey left active management in 1978. Our College of Business bears his name because he represents an ideal role model for our students. Developed and sold Brentwood Place Shopping Center, now valued at $24.6 million. Massey, who died in 1990, is the only American to have taken three separate companies to the New York Stock Exchange (Hospital Corporation of America, Kentucky Fried Chicken and Winners Corp.). On board at Vanderbilt Medical Center and a newly named Fisk University trustee, Cal recently donated $5 million to Martin Methodist College. A former IBM board member of 11 years, Frist numbered 293 on Forbes magazines listing of the 400 Richest People in the World in 2002. Family has controlling interest in Farmers National Bank, based in Scottsville, Ky. Steve serves as chairman and CEO of banks parent company, FNB Financial Corp., and pursues commercial real estate projects and other investments as a founder and senior partner of Marketstreet Management and Marketstreet Equities companies. You have permission to edit this article.