Next is investor Warren Buffett, who moved up one slot this year with a net worth of $72.7 billion. Advertisements. Fortunately for three of our richest and for the local economy, the health care industry continued its strong performance in the midst of listlessness in much of the rest of the economy. Massey Welsh was born on June 24, 1996, in Bishop Auckland, England. In Nashville, Cal and wife Margaret own several Brentwood properties worth about $9.8 million. 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. [6] The company became the nation's largest chain of for-profit hospitals and Massey left active management in 1978. 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. Built modern behemoth, Central Parking Corp., through aggressive marketing and some strategic acquisitions. "[3], Last edited on 16 February 2023, at 21:36, Cheekwood Botanical Garden and Museum of Art, Jack C. Massey, an Entrepreneur In Hospitals and Food, Dies at 85, "The HCA effect: How the hospital giant helped Nashville grow with it", https://en.wikipedia.org/w/index.php?title=Jack_C._Massey&oldid=1139781686, This page was last edited on 16 February 2023, at 21:36. And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the worlds 168th richest person. 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. The. Snapchat's other co-founder, 25-year-old Bobby Murphy, had the same net worth as Spiegel. A Nashville resident for more than fifty years, Massey left a living philanthropic legacy to the city. The Masseys married in 1971. Massey, who died in 1990, is the only American to have taken three. 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. Friends say house is worth $15 million, including antique furnishings. 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. Site preparation for the new Jack C. Massey Center facility begins this week with plans for a groundbreaking in early 2022. 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. A native of Charleston, S.C., and graduate of Vassar, was married to the late Bronson Ingram. A lifelong entrepreneur and businessman, savvy investor and devoted philanthropist, Jack C. Massey is an inaugural inductee of the Tennessee Health Care Hall of Fame. His mother and father were not so much rich. Other tech billionaire newcomers were two co-founders of taxi-ordering app Uber and one of its executives. The Massey family prays that all who walk through this building continue to be living stones, pointing others to the grace of Jesus.. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. Stock recently traded at $22. The school seeks to increase the number of business major undergraduates to 1,200. Reach Jamie McGee at 615-259-8071 and on Twitter @JamieMcGee_. He would be very excited about the prospect of this great, new building and the future opportunities it will bring to Belmont, she said. - Age. The donation will allow the school to upgrade classrooms, floors, office space and technology. Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. Net worth well down from four years ago, when Central Parking stock was priced above $50. 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. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. Current net worth is $1,572,900, while in 2021 Jack had a net worth of $1,399,881. 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. Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). 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. 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. These companies operate a total of 2,400 facilities outside of Nashville and employ 310,000 people outside of Nashville and 86,000 inside the city. Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. 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. 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. He retired briefly at the age of fifty-six but quickly returned to business and civic endeavors. As of 2023, Jack Massey Welsh's net worth is $100,000 - $1M. Structural Info Filmography Known for movies Runaway Jury 2003 as Henry Wood Solo Flight: The Genius of Charlie Christian 1992 as Himself He had topped the list in 2013. He is 26 years old as of June 2022. 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. The building has been named in honor of one of the greatest entrepreneurs and businessmen in American history and is being made possible thanks to a $15 million gift from Mr. Masseys daughter, Barbara Massey Rogers, and the Jack C. Massey Foundation. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. Largest shareholder of Ingram Micro, California-based software distributor, though share price remains stuck near the low end of its $10 to $54 historic price range. Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired Memphis beer distributor, not included. [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. http://tennesseeencyclopedia.net/entries/jack-c-massey/. [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. New facility will house Belmont Data Collaborative, Transformational Innovation Hub, Cone Center for Entrepreneurship and University Welcome Center. The structure, which will be located between the campus Baskin Center and Johnson Center on 15thAvenue, is estimated to be complete by fall 2023. The Jack C Massey Foundation is a private foundation that is located in Brentwood, TN. Functionality and information are in compliance with guidelines established by the American Association for State and Local History for online state and regional encyclopedias. Applied part of OrNda proceeds to launch Vanguard Health Systems in 1997 with backing from Morgan Stanley Capital Partners. Says all his money tied up in Franklin Financial or real estate. His net worth rose to $79.2 billion in 2015 from $76 billion last year. The writer of this article, Bill Carey, the author of Fortunes, Fiddles and Fried Chicken: A Nashville Business History, currently is working on a biography of Jack Massey that is being underwritten by Massey's daughter, Barbara Massey Rogers. Founder of Franklin Financial Corp. Controls more than 4.5 million shares of stock worth $111 million. Massey stayed active in business and philanthropy until his death in 1990 donating a large sum of money in 1986 to found the Jack C. Massey School of Business at Belmont University, selling . All rights reserved. He was the one who had the vision for this school, and I wanted to support what he was doing.. var _Hasync=_Hasync||[];_Hasync.push(['Histats.start','1,4553220,4,511,95,18,00000000']);_Hasync.push(['Histats.fasi','1']);_Hasync.push(['Histats.track_hits','']);(function(){var hs=document.createElement('script');hs.type='text/javascript';hs.async=true;hs.src=('//s10.histats.com/js15_as.js');(document.getElementsByTagName('head')[0]||document.getElementsByTagName('body')[0]).appendChild(hs);})(); Jack C Massey is a famous person who is known worldwide for his work. 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. Most of the those on the list were men. Benefactor of the McWhorter School of Pharmacy at Samford University in Birmingham through a 1996 gift worth more than $10 million. The AP will not be held liable for any delays, inaccuracies, errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing. He was originally known for his Minecraft-centric content. [1] He had a daughter, Barbara Massey Rogers and three grandchildren. Chairman of Ingram Industries, which includes Ingram Book, Ingram Barge, Ingram Marine and Ingram Insurance (Permanent General non-standard auto insurer). This closer look reveals some things people already know: everyone is still rich. In fourth place was Amancio Ortega, the Spanish co-founder of clothing retail chain Zara, with a net worth of $64.5 billion. Sold it back to them in 1998, reportedly clearing $25 million. His net worth rose to $79.2 billion in 2015 from $76 billion last year. The house originally featured 58 bedrooms, 33 bathrooms, 12 fireplaces, and three separate bomb shelters. 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. Firm is located in a $12.3 million Franklin office campus in which McWhorter is a major investor. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. In 2020, Jack was estimated to have a net worth of $1,245,894. Has a son and two daughters: Christian Brownlee Currey, Stephanie Currey Ingram (married to Ingram heir John Ingram) and Frances Currey Briggs. Shares in those companies worth $22 million. When was Jack Massey Welsh born? 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. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. Ingram Micro shares have risen slightly in price in the meantime. We will be working on projects for and with community nonprofits, for profits and government organizations, and in fact, those projects are already underway, said Gardial. Vanguards annual revenue run-rate now approaching $1 billion and operating cash flow nearing $100 million. The 2002 Rich List focuses on the 10 wealthiest people in Middle Tennessee. Hospital management entrepreneur whose biggest fortune so far stems from OrNda HealthCorp. [3] Additionally, he made contributions to the Nashville and Palm Beach chapters of Planned Parenthood.[3]. That equals more than two-thirds the money collected annually from Tennessee taxpayers. For the 2002 Rich List, the Post has focused in on Nashvilles 10 wealthiest residents. 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. He was the original president of Nashvilles Baptist Hospital (from 1948 until 1960); founded the venture capital company Massey-Burch Capital Corp. along with his much younger partner Lucius Burch III; and was one of the chief owners of Nashville City Bank, which was taken over by Dominion Bankshares of Roanoke, Va., in 1986. Controls more than 40% of Central Parking shares, worth more than $350 million, including shares held in his childrens trust. Forbes and business insiders have done a recent study and say that Jack C Massey net worth is more than a couple of million dollars. Generally though, ferreting out the information to estimate a private citizens net worth isnt an easy task. In its annual report of the world's richest persons released today, Forbes said Hospital Corp. of America co-founder Thomas Frist Jr. is the richest person in Tennessee. 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. [3], Massey died of pneumonia on February 15, 1990, at the Good Samaritan Medical Center in West Palm Beach, Florida, at age 85. The highest-ranking woman was Christy Walton, the widow of John Walton, a son of the founder of Wal-Mart Stores Inc. She has a net worth of $41.7 billion, according to Forbes. [1][4] He built the store into a pharmacy chain, selling it six years later. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont Universitys biggest benefactors. Owns 8.33% stake in Renaissance Hotel and Towers in downtown Nashville. Same number of shares were valued at $1.1 billion in April 2001, before accounting irregularities forced company to restate earnings. [1] He graduated with a degree in pharmacy from the University of Florida. However, his most important contribution to Nashville was probably his role in starting HCA. Spearheaded the fundraising effortand primed the money pump with $20 million himselffor the new facility at Vanderbilt Childrens Hospital, which bears his name. You have permission to edit this article. The first person in history to take three unrelated companies to the New York Stock Exchange, Masseys gifts helped Belmont establish its undergraduate and graduate business programs and built both the Massey Business Center, which houses the Jack C. Massey College of Business, and the Massey Performing Arts Center. 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 . Jack Massey Welsh was born on the 24th of June, 1996. You have permission to edit this article. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. [3], Massey was a member of the Belle Meade Country Club in Belle Meade, Tennessee; the Everglades Club and the Bath and Tennis Club in Palm Beach, Florida; the Bathing Corporation and the Meadow Club in Southampton, New York; and the Links Club in New York City. 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. 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. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. 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. Remaining 4.2 million Shoneys shares traded for $1.5 million in cash this year after chain was acquired by Lone Star U.S. Acquisitions and U.S. When I look at the building, I see not only the front door to the campus for our students and parents, but for the community to come in and partner with the Belmont community at the business school, and more broadly, to make this a more flourishing community. School officials expect construction to begin in May and conclude by fall 2016. Search Celebrity At 62, has helped grow the Goodlettsville, Tenn.-based retail chain to more than 5,700 stores. Still later, created Winners Corp. and partnered with Thomas Frist Sr. to develop what is now Loews Vanderbilt Plaza hotel. Both of Frists brothers, U.S. Sen. Bill Frist and Robert Frist Sr., are physicians. Owns personal plane. [3], Massey began his business career working as a delivery boy in his uncle's drugstore. Jack C. Massey began his entrepreneurial career as a retail druggist in 1930 after graduating with a degree in pharmacy from the University of Florida. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. Through Inman & Richey Co., built and owns the Bank of America building in Maryland Farms valued at $3.9 million. [1] He also had an adopted son Don who pre-deceased him. Co-founded Hospital Corporation of America with his late father and Jack Massey, who earlier made a fortune with Kentucky Fried Chicken. He is best known for being a YouTuber. Previously was president of HealthTrust, an executive vice president with Hospital Corporation of America and a director of General Care Corp. The six-story building on 15th Avenue will house a variety of University teamsincluding the Belmont Data Collaborative, the Transformational Innovation Hub and the Cone Center for Entrepreneurshipall highlighting key aspects of Mr. Masseys approach to business. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. Massey received many kudos during his life, and was in 1987 named a member of the Fortune magazine U. S. Business Hall of Fame. He was also the principal who purchased Kentucky Fried Chicken Corporation from Colonel Sanders and directed its growth to one of the worlds largest commercial marketers of prepared foods before selling the company to Hueblein, Inc. Jack C. Massey was inducted into the Global Business Hall of Fame in 1987, and was a member of the inaugural class of the Tennessee Health Care Hall of Fame. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. Led the spinout of HealthTrust Inc. in 1987 and came back as chairman of the merged companies. [7], Massey was a donor to Belmont University, where the Jack C. Massey Graduate School of Business was named in his honor. 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. Rendering courtesy of Belmont University. Company encompasses more than 1.5 million parking spots worldwide, making it the largest publicly traded owner-operator of parking lots in the world. Family & Early Life The USA is where Jack C Massey was born. Contacted by NashvillePost.com, Hutton adamantly denied that the house had already been listed but said, Im having some very private conversations about it.. Owns a 2,882-acre hunting plantation in rural Warrenton, Ga., roughly 90 miles east of Atlanta, thats on the market for $8.5 million. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. In light of the new facility being built and named in his honor, the previously named Jack C. Massey Business Center, facing Wedgewood Avenue, will be renamed the Barbara Massey Rogers Center. 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.. With wife Patricia, owns more than 60 acres and three homes in Belle Meade worth roughly $23 million. He and fellow YouTuber NoBoom used to co-own the server play.evopvp.net. Owns the River Circle Farm in Williamson County, so named because the 300-plus-acre property wraps around the Harpeth River. 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. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. 2023 www.tennessean.com. Gave $25 million for Frist Center for the Visual Arts and another $5 million to Nashville Zoo. Contact | Privacy Statement | Terms & Conditions. [3] His alma mater, University of Florida, named the Jack C. Massey Professorship Fund for him. His most important involvement came in the late 1960s with the founding and development of HCA. Now, his example will be integral to the vision of Belmont University moving forward. You dont necessarily hear about them but theres a hell of a lot of them around here, and thats made all the difference in the world.. On board at Vanderbilt Medical Center and a newly named Fisk University trustee, Cal recently donated $5 million to Martin Methodist College. Massey gifts also established the Doyle Rogers Distinguished Chair of Law. Since then has donated or pledged at least $160 million to. [1][4], Massey acquired Kentucky Fried Chicken from its founder, Harland Sanders, for $2 million in 1964. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. He uploaded his first video to his JackSucksAtLife channel, "Minecraft 1.5.1 - Jack's Farm Ep.1 Skinny Pete!," on April 4, 2013. The six-story building will serve multiple functions with the first and second floors designed to welcome campus visitors, prospective students and families while also providing space for the Universitys Career & Professional Development team and GPS office. June 15, 2022. Jack C. Massey, international businessman, was the first person to take three companies to the New York Stock Exchange. Jack Massey Bio/Wiki, Net Worth, Married 2018. Jack C Massey overall profits are growing every day, and he is also becoming more popular. 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. Peggy Hutton of Fridrich & Clark is handling the potential transaction. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. 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. Before Fame. Save my name, email, and website in this browser for the next time I comment. Masseys widow, Jack, was the first entrepreneur to take three companies public on the New York Stock Exchange (Kentucky Fried Chicken, HCA and Winners Corp.). Barbara Massey Rogers,daughter of Jack C. Massey,said, I am humbled and honored that the new building on the Belmont campus will carry the name, Jack C. Massey. Developed Williamson County Shopping Center. He currently resides in England, United Kingdom. Massey resided in Nashville[clarification needed]. Martins 9.2% stake could be worth $75 million to $95 million in an initial public offering, which is likely within the year. . The world's youngest billionaire was 24-year-old Evan Spiegel, the CEO and co-founder of mobile messaging company Snapchat, with a net worth of $1.5 billion. Developed and sold Brentwood Place Shopping Center, now valued at $24.6 million. Jack Massey net worth is $12 Million Jack Massey Wiki: Salary, Married, Wedding, Spouse, Family Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). The late Jack C. Massey (1904-1990) and his family have collectively been among one of Belmonts biggest benefactors, supporting Belmonts efforts for decades and providing incredible examples for students across campus. The building will be a part of the Massey legacy which our family will treasure for generations to come., Belmont President Dr. Greg Jones added, Belmonts late Chancellor Herbert C. Gabhart forged a friendship with Jack Massey 60 years ago that resulted in the Massey family becoming tremendous partners to Belmont, dramatically advancing the trajectory of this campus and influencing the lives of thousands of students. Her modeling career was . [1] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. The past year wasnt an especially enriching one for the citys wealthy. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. [1][4] He founded Massey Surgical Supply in 1930. We are committed to: relevant, interactive and experiential academic programs. [9] His obituary in The Palm Beach Daily News called him "a legend in American business. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. Pharmacy chain, selling it six years later million adjusted for 2020 inflation Cone. 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