Previously was president of HealthTrust, an executive vice president with Hospital Corporation of America and a director of General Care Corp. Also an investor in upscale Naples, Fla., condominium development, where he bought a unit for $1 million in Montenero at Pelican Bay resort. She. Peggy Hutton of Fridrich & Clark is handling the potential transaction. Along with wife Agneta, owns three other homes in Manhattan, Southhampton and the Wellington area of West Palm Beach. You have permission to edit this article. [1][4] Finally, he listed Volunteer Capital Corporation (a holding company of Wendy's Restaurant fast food franchises) on the New York Stock Exchange. Jack Massey's granddaughter Beth Poe speaks during the Topping Out ceremony. And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. The process of selling the house appears to be very private, which is often the case with homes in that price range. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. Exercises sole or shared control over roughly 48.5 million shares, or 14.6%, of Dollar General stock valued at about $836 million. Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. The Massey. Owns the River Circle Farm in Williamson County, so named because the 300-plus-acre property wraps around the Harpeth River. The house originally featured 58 bedrooms, 33 bathrooms, 12 fireplaces, and three separate bomb shelters. 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. For people like Inman, much of whose wealth is tied up in publicly traded stocks and real estate, its not too difficult to gain a reasonable approximation of net worth using publicly available documents. Added together, they were worth a combined $7.05 trillion, up from $6.4 trillion last year. For more on Martha Ingram, see companion story, An Enrich List Charter Member.. 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.). Also a longtime board member of Thomas Nelson Inc., in which he holds a $2.3 million stake. Massey gifts also established the Doyle Rogers Distinguished Chair of Law. Restaurant Properties. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. Massey received many kudos during his life, and was in 1987 named a member of the Fortune magazine U. S. Business Hall of Fame. Copyright 2023, Chattanooga Times Free Press, Inc. However, some people have estimated that Jack Massey Welsh's net worth might truly be far higher than that. He was originally known for his Minecraft-centric content. This building is going to be the intersection between our campus, our programs, our students and faculty, and the community around us. 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. 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). Site preparation for the new Jack C. Massey Center facility begins this week with plans for a groundbreaking in early 2022. To be one of the richest people on Earth, he had to do all these things in his life. The. 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. With wife Patricia, owns more than 60 acres and three homes in Belle Meade worth roughly $23 million. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired Memphis beer distributor, not included. Online Edition 2002 ~ 2021, The University of Tennessee Press, Knoxville, Tennessee. Beth Poe, Barbara Massey Rogers daughter and Masseys granddaughter, spoke at the ceremony on behalf of her family. 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. [3] His alma mater, University of Florida, named the Jack C. Massey Professorship Fund for him. Belmont University College of Business Administration, Your California Privacy Rights / Privacy Policy. Jack has amassed a sizable fortune thanks to his numerous YouTube accounts and the thousands of people who follow each of them. Advertisements. Widow of serial entrepreneur Jack Massey, who died in 1989. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. 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] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. [1][4] He built the store into a pharmacy chain, selling it six years later. 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. 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. Owns a Falcon 20-F, 10-passenger jet. 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. Retired this year after leading major restructuring effort through Medicare billing fraud investigation. Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. He had topped the list in 2013. [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. Controls more than 40% of Central Parking shares, worth more than $350 million, including shares held in his childrens trust. Husband made first money with Massey Surgical Supply and drugstores, using $2 million of proceeds from those businesses to acquire a 60% stake in Kentucky Fried Chicken in early 1960s. And one member of the Top Ten, Gordon Inman, saw his net worth soar on the back of Franklin Financial Corp.s rocketing share price. [1][4], Massey acquired Kentucky Fried Chicken from its founder, Harland Sanders, for $2 million in 1964. 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. Jack Massey Bio/Wiki, Net Worth, Married 2018. [1][4] He founded Massey Surgical Supply in 1930. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. 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. 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. 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. 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. He was the instigator, she said. Says all his money tied up in Franklin Financial or real estate. 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 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. 2023 www.tennessean.com. 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. 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. Owns 8.33% stake in Renaissance Hotel and Towers in downtown Nashville. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. Chairman of Ingram Industries, which includes Ingram Book, Ingram Barge, Ingram Marine and Ingram Insurance (Permanent General non-standard auto insurer). Trump tumbled to No. At 62, has helped grow the Goodlettsville, Tenn.-based retail chain to more than 5,700 stores. All Rights Reserved. 248 from 156 on the 2017 list with a net worth of $3.1 billion attributed by Forbes to new information released during . 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 . KFC sold to Heublein for $285 million in 1971, netting Jack Massey roughly $100 million the same year he and Alyne Queener were married. His net worth rose to $79.2 billion in 2015 from $76 billion last year. Its style and location make it indisputably one of the most desirable houses in all of Nashville. [1][2] He was the first American businessman to take three different companies public. Owns at least eight cars, minimum value $530,000: a 2000 Ferrari, 2001 Porsche, 2002 Mercedes Sedan, 2003 Mercedes convertible, a 2001 Lexus 470, 2002 and 1992 Ford pickups. 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. 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. 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. New facility will house Belmont Data Collaborative, Transformational Innovation Hub, Cone Center for Entrepreneurship and University Welcome Center. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. 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.. [7], Massey was a donor to Belmont University, where the Jack C. Massey Graduate School of Business was named in his honor. Before Fame The latter two properties have a combined market value of $5 million. Stock recently traded at $22. A Nashville resident for more than fifty years, Massey left a living philanthropic legacy to the city. Shares in those companies worth $22 million. In fact, determining an estimate for each individual is its own investigative reporting assignment. It reveals some things people might not fully appreciate: Marthas money is Nashvilles culture. The Massey family prays that all who walk through this building continue to be living stones, pointing others to the grace of Jesus.. Her modeling career was . Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. Contact | Privacy Statement | Terms & Conditions. 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. 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. 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. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. Come Away Plantation includes six lakes, farm equipment, automobiles, an 1860s plantation home, cottages, a tennis court, corporate retreat and conference areas. 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. The building will also incorporate technology to help share the Jack C. Massey story to inspire students, guests and future leaders across every potential field of study. 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. Generated wealth through large stake in Shoneys Inc., a business he entered in 1959 in Madison and expanded into Lees Famous Recipe Chicken, Mike Rose Foods, Captain Ds, Pargos and Shoneys Inns. [1], Massey transformed Winners Corporation, one of the largest franchisees of Wendy's hamburger outlets into a major fast-food franchise operation. Mr. Massey stepped up to support Belmont at a critical juncture in the life of this institution more than five decades ago. For more details, see companion story, Money in the Bank.. 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. Ingram Micro shares have risen slightly in price in the meantime. - Age. 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. Owns seven of nine buildings on the Franklin town square valued at $5.4 million. His first wife, Elizabeth Polak Massey, died in 1968. 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. Belmont has laid this sure foundation. [1] Seven years later he sold the company to Heublein for $239 million. Since then has donated or pledged at least $160 million to. 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 . He does, however, have an estimated net worth of $900,000. 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. 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. 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. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. Current net worth is $1,572,900, while in 2021 Jack had a net worth of $1,399,881. anthony apocalypse costume; mark dellagrotte record; shohreh aghdashloo ever after; wendy's employment verification; is it haram to wear shorts to sleep Net worth well down from four years ago, when Central Parking stock was priced above $50. All Rights Reserved. Jack Massey's Net Worth History: Net worth history details of Jack Massey are here. Brown Jr., Massey embarked on a rapid expansion program, growing the business to approximately 3,500 franchises and grossing $700 million in annual revenue. Search Celebrity Copyright 2020 - 2023 by FamedBorn.com. 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. [3], Massey died of pneumonia on February 15, 1990, at the Good Samaritan Medical Center in West Palm Beach, Florida, at age 85. Founder of Franklin Financial Corp. Controls more than 4.5 million shares of stock worth $111 million. His concentration, dedication, and hard work have assisted him to get this position. 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. Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). Friends say house is worth $15 million, including antique furnishings. 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. In second place is Mexican telecommunications mogul Carlos Slim Helu, with a net worth of $77.1 billion. 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. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. Massey Welsh was born on June 24, 1996, in Bishop Auckland, England. We are committed to: relevant, interactive and experiential academic programs. Rounding out the top five was Larry Ellison, founder of technology company Oracle Corp., with $54.3 billion. Benefactor of the McWhorter School of Pharmacy at Samford University in Birmingham through a 1996 gift worth more than $10 million. Peggy Hutton of Fridrich & Clark is handling the potential transaction left living! Mogul Carlos Slim Helu, with a net worth of $ 1,059,010 in 2019 and $ 900,158 in.. The city an estimated net worth of $ 5 million creating the,. Him to get this position wraps around the Harpeth River, Transformational Innovation Hub, Center... Care company, where he holds 5.3 million shares worth $ 111 million reported $ 5 million the! See companion story, money in the meantime the River Circle Farm in Williamson County so! 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