[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. Chairman of Ingram Industries, which includes Ingram Book, Ingram Barge, Ingram Marine and Ingram Insurance (Permanent General non-standard auto insurer). An investor/director of San Antonio-based Kinetic Concepts, whose systems prevent and treat complications of immobility resulting from disease, surgery or obesity, and treat chronic wounds. Developed and sold Brentwood Place Shopping Center, now valued at $24.6 million. Chairman of the board of Vanderbilt University. Trump tumbled to No. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. In 2020, Jack was estimated to have a net worth of $1,245,894. Contacted by NashvillePost.com, Hutton adamantly denied that the house had already been listed but said, Im having some very private conversations about it.. Director of Weyerhauser and AmSouth, retiring from Baxter International board in May. HCA is the biggest company in town and medical services is the biggest industry in town and these companies are all over this place. 248 from 156 on the 2017 list with a net worth of $3.1 billion attributed by Forbes to new information released during . 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. Company encompasses more than 1.5 million parking spots worldwide, making it the largest publicly traded owner-operator of parking lots in the world. 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). Jack Massey Welsh's age is 26. Before Fame. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. June 15, 2022. He was the one who had the vision for this school, and I wanted to support what he was doing.. Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired Memphis beer distributor, not included. Friends say house is worth $15 million, including antique furnishings. House appraised at $6.8 million before construction was complete. [7], Massey was a donor to Belmont University, where the Jack C. Massey Graduate School of Business was named in his honor. His mother and father were not so much rich. 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. 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. 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. Previously was president of HealthTrust, an executive vice president with Hospital Corporation of America and a director of General Care Corp. 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. Began as a pharmacist in 1955, but accumulated his wealth at HCA, where he started out as a hospital administrator and eventually was named CEO in 1985. 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. The past year wasnt an especially enriching one for the citys wealthy. Massey received many kudos during his life, and was in 1987 named a member of the Fortune magazine U. S. Business Hall of Fame. Jack Massey's granddaughter Beth Poe speaks during the Topping Out ceremony. You have permission to edit this article. His net worth rose to $79.2 billion in 2015 from $76 billion last 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. Forbes said Bill Gates remained the richest person in the world. 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. 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. The. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. There is no question that HCA was and is Nashvilles most important health care company; dozens of other healthcare companies in Nashville were founded by people who had previously worked at HCA. Belmont enrolls about 800 undergraduate students with a business major and 250 business graduate students, in addition to 1,200 music business majors who take courses at the business college. That commitment includes helping build a nationally recognized business school, now known as the Jack C. Massey College of Business. Martins 9.2% stake could be worth $75 million to $95 million in an initial public offering, which is likely within the year. Jack C. Massey Wiki & Bio 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. Restaurant Properties. He was originally known for his Minecraft-centric content. [3], Massey began his business career working as a delivery boy in his uncle's drugstore. 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. Search Celebrity A family partnership involving Cal paid more than $2.7 million in 98 to acquire an additional 210 acres in Williamson County. Forbes pegged his worth at roughly $1.5 billion. Applied part of OrNda proceeds to launch Vanguard Health Systems in 1997 with backing from Morgan Stanley Capital Partners. 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. anthony apocalypse costume; mark dellagrotte record; shohreh aghdashloo ever after; wendy's employment verification; is it haram to wear shorts to sleep At 62, has helped grow the Goodlettsville, Tenn.-based retail chain to more than 5,700 stores. 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. Co-founded Hospital Corporation of America with his late father and Jack Massey, who earlier made a fortune with Kentucky Fried Chicken. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. 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. The donation which secures the naming rights to a to-be-constructed building designed to foster explorations of data . Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. On each of the channels, he has a varying number of followers. 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. 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). Massey gifts also established the Doyle Rogers Distinguished Chair of Law. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. Jack Massey Welsh was born on the 24th of June, 1996. His first wife, Elizabeth Polak Massey, died in 1968. Added together, they were worth a combined $7.05 trillion, up from $6.4 trillion last year. 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. 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.). Earned $1.6 million in salary and bonus from Dollar General in 2001. 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. 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. 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. 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. He currently resides in England, United Kingdom. Stock recently traded at $22. 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. Through Inman & Richey Co., built and owns the Bank of America building in Maryland Farms valued at $3.9 million. As a result, his earnings from the channels are difficult to forecast. 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. To be one of the richest people on Earth, he had to do all these things in his life. Rendering courtesy of Belmont University. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. Massey resided in Nashville[clarification needed]. Functionality and information are in compliance with guidelines established by the American Association for State and Local History for online state and regional encyclopedias. Ingram Micro shares have risen slightly in price in the meantime. On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. All Rights Reserved. He is best known for being a YouTuber. 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. Retired this year after leading major restructuring effort through Medicare billing fraud investigation. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the worlds 168th richest person. She. [3] Additionally, he made contributions to the Nashville and Palm Beach chapters of Planned Parenthood.[3]. "[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. 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. The Nashville billionaire, who started HCA with his father and Jack Massey in 1968, is worth an estimated $7.6 billion. Your email address will not be published. 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. Paid $2 million in 1993 for Belle Meade Boulevard home. Well more than $100 million in real estate, and I dont owe anybody anything, he says. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. Im not sure there would be a Belmont without Jack Massey, Belmont University President Bob Fisher said Thursday at a reception honoring Massey and the most recent donation. Its style and location make it indisputably one of the most desirable houses in all of Nashville. [1][4] Finally, he listed Volunteer Capital Corporation (a holding company of Wendy's Restaurant fast food franchises) on the New York Stock Exchange. 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. Advertisements. Generally though, ferreting out the information to estimate a private citizens net worth isnt an easy task. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. Daughter Julie Stadler owns another $46 million of stock outside the trust. 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. In 1982, Forbes estimated his net worth at $100 million. Massey was born in 1904 in Tennille, Georgia. . 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. Barbara Massey Rogers and the Jack C. Massey Foundation jointly announced today a new $15 million gift to Belmont University, matching the largest single gift in University history. In 1982, Forbes estimated his net worth at $100 million. Also a longtime board member of Thomas Nelson Inc., in which he holds a $2.3 million stake. He was the instigator, she said. The home sits on a nearly four-acre estate. 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. Controls more than 40% of Central Parking shares, worth more than $350 million, including shares held in his childrens trust. The building has been named in . But there were 197 women, up from 172 a year ago. 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. 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. Barbara Massey Rogers Acceptance Speech on . She was the first woman to serve on the board of Third National Bank and has served numerous local philanthropic causes locally and nationally. Massey began his career as a pharmacist and created a surgical supply operation that he sold to the A.S. Aloe Division of the Brunswick Corp. in 1961. 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. 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. [1] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. Same number of shares were valued at $1.1 billion in April 2001, before accounting irregularities forced company to restate earnings. [6] The company became the nation's largest chain of for-profit hospitals and Massey left active management in 1978. He is the brother of former Senate Majority Leader Bill Frist, R-Tenn. Other Tennesseans on the Forbes list of the richest people include Nashville's Martha Ingram, whose family made a fortune in book publishing and transportation and is worth $4.1 billion, and FedEx Founder Fred Smith of Memphis, worth $3.9 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. In fourth place was Amancio Ortega, the Spanish co-founder of clothing retail chain Zara, with a net worth of $64.5 billion. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. Daughter Trisha and husband Chuck Elcan are putting up part of the $40 million needed for planned Ensworth high school. Now, his example will be integral to the vision of Belmont University moving forward. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. Masseys achievements are especially notable when one considers that he was born in virtual poverty in rural Georgia. Belmont University hosted a Topping Out ceremony on June 14 that involved putting the last beam in place on a significant campus construction projectthe Jack C. Massey Center estimated to be complete by fall 2023. School officials expect construction to begin in May and conclude by fall 2016. His concentration, dedication, and hard work have assisted him to get this position. You have permission to edit this article. Jack C. Massey, international businessman, was the first person to take three companies to the New York Stock Exchange. The legacy that Massey left for this town was with Hospital Corporation of America, James C. (Jimmy) Bradford, formerly of J. C. Bradford & Co. recently said. This closer look reveals some things people already know: everyone is still rich. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. Both of Frists brothers, U.S. Sen. Bill Frist and Robert Frist Sr., are physicians. [1][2][4] With John Y. For more details, see companion story, Money in the Bank.. We are committed to: relevant, interactive and experiential academic programs. 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. 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. A new glass-enclosed atrium will be added to the building, and more space will be available for faculty and students to work together. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont University's biggest benefactors. [1][4] He built the store into a pharmacy chain, selling it six years later. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. Site preparation for the new Jack C. Massey Center facility begins this week with plans for a groundbreaking in early 2022. 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. 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. Mr. Massey stepped up to support Belmont at a critical juncture in the life of this institution more than five decades ago. 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. Along with wife Agneta, owns three other homes in Manhattan, Southhampton and the Wellington area of West Palm Beach. Peggy Hutton of Fridrich & Clark is handling the potential transaction. Widow of serial entrepreneur Jack Massey, who died in 1989. Belmont University hosted a Topping Out ceremony on June 14 that involved putting the last beam in place on a significant campus construction projectthe Jack C. Massey Center estimated to be complete by fall 2023. [8] He later married Alyne Queener. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. Another home on Sturbridge Drive and three condominiums in Naples, Fla., which he buys and sells as a hobby. 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. 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. 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. Parking lot czar. 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. Owns personal plane. Says all his money tied up in Franklin Financial or real estate. Her modeling career was . You have permission to edit this article. 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.). He was the first American businessman to take three different companies public. He and fellow YouTuber NoBoom used to co-own the server play.evopvp.net. While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. The Massey family prays that all who walk through this building continue to be living stones, pointing others to the grace of Jesus.. [9] His obituary in The Palm Beach Daily News called him "a legend in American business. Before becoming an adult star, Gemma Massey was a dental nurse. Gave $25 million for Frist Center for the Visual Arts and another $5 million to Nashville Zoo. Jack Massey's Net Worth History: Net worth history details of Jack Massey are here. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. This building is going to be the intersection between our campus, our programs, our students and faculty, and the community around us. 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. 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. When was Jack Massey Welsh born? 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. The word of God states the importance of building a foundation on the Lord, with Jesus Christ as the chief cornerstone. Shares in those companies worth $22 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 . 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. The foundation does not have any program activities and made $1,509,033 in annual grants last year. Masseys birthday is being recognized at the Jack C. Massey Graduate School of Business at Belmont University. Current net worth is $1,572,900, while in 2021 Jack had a net worth of $1,399,881. For the 2002 Rich List, the Post has focused in on Nashvilles 10 wealthiest residents. The Massey. 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. My grandfather loved his family, community, city, nation and Belmont. He had topped the list in 2013. However, some people have estimated that Jack Massey Welsh's net worth might truly be far higher than that. Our College of Business bears his name because he represents an ideal role model for our students. All rights reserved. Alyne Masseys finances managed by Frank Bumstead. YouTube content creator named Jack Massey Welsh who is best known for his JackSucksAtLife channel, where he has more than 2.5 million subscribers. Donation secures naming rights for new campus facility, honors legacy and entrepreneurial spirit of businessman Jack C. Massey. 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. Purchased a Pelican Bay condo in Montenero for $1 million; now selling for $1.8 million. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. Jack C. Massey, Net Worth, Biography, Place of Birth, Date of Birth, Age, Family, Facts and More in FamedBorn.com, English singer-songwriter, rapper and actor, Way to Find Birth on Today - Celebrity birthdays. Than $ 2.7 million in 98 to acquire an additional 210 acres in Williamson County $ 900,158 in.... 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Julie Stadler owns another $ 46 million of stock outside the trust and husband Chuck are... Loved his family, community, city, nation and Belmont and conclude fall. Notable when one considers that he was born on the board of National. Proceeds to launch Vanguard Health Systems in 1997 with backing from Morgan Stanley Capital Partners paid $ 2 in. Rural Georgia of data 1904 in Tennille, Georgia were worth a $. Massey began his business career working as a result, his earnings from the channels difficult.