[5] His funeral was held at the Immanuel Baptist Church in Belle Meade, and he was buried in the Mount Olivet Cemetery in Nashville. 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 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. 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 . 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. | 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. [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. Sold it back to them in 1998, reportedly clearing $25 million. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. 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. Chief executive and owner of conglomerate The Danner Company, based on International Plaza near Nashville International Airport. While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. Thats whats going to happen in this building, and I think Jack would be so proud of that.. 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. His net worth rose to $79.2 billion in 2015 from $76 billion last year. 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. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. Massey, who died in 1990, is the only American to have taken three. 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. The. 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. Also an investor in upscale Naples, Fla., condominium development, where he bought a unit for $1 million in Montenero at Pelican Bay resort. For more on Martha Ingram, see companion story, An Enrich List Charter Member.. HCA is the biggest company in town and medical services is the biggest industry in town and these companies are all over this place. The legacy that Massey left for this town was with Hospital Corporation of America, James C. (Jimmy) Bradford, formerly of J. C. Bradford & Co. recently said. Chairman of the board of Vanderbilt University. Net Worth 2019 The estimated net worth of youtuber is Jack Massey USD$ 50,000. The Massey. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. Company encompasses more than 1.5 million parking spots worldwide, making it the largest publicly traded owner-operator of parking lots in the world. [1] He also had an adopted son Don who pre-deceased him. Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired Memphis beer distributor, not included. Mr. Massey stepped up to support Belmont at a critical juncture in the life of this institution more than five decades ago. Belmont has laid this sure foundation. 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.. However, some people have estimated that Jack Massey Welsh's net worth might truly be far higher than that. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. Parking lot czar. Required fields are marked *. A family partnership involving Cal paid more than $2.7 million in 98 to acquire an additional 210 acres in Williamson County. Next is investor Warren Buffett, who moved up one slot this year with a net worth of $72.7 billion. Earned $1.6 million in salary and bonus from Dollar General in 2001. Forbes said Bill Gates remained the richest person in the world. [9] His obituary in The Palm Beach Daily News called him "a legend in American business. Trump tumbled to No. [6] The company became the nation's largest chain of for-profit hospitals and Massey left active management in 1978. A native of Charleston, S.C., and graduate of Vassar, was married to the late Bronson Ingram. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the worlds 168th richest person. In Nashville, Cal and wife Margaret own several Brentwood properties worth about $9.8 million. Massey died in 1990 at his winter home in Palm Beach, Florida. 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. A Nashville resident for more than fifty years, Massey left a living philanthropic legacy to the city. Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. The following information is provided for citations. 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. Current net worth is $1,572,900, while in 2021 Jack had a net worth of $1,399,881. 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. 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. Well more than $100 million in real estate, and I dont owe anybody anything, he says. He is best known for being a YouTuber. 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. Firm is located in a $12.3 million Franklin office campus in which McWhorter is a major investor. His first wife, Elizabeth Polak Massey, died in 1968. He was the first American businessman to take three different companies public. 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. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. Other tech billionaire newcomers were two co-founders of taxi-ordering app Uber and one of its executives. Massey was one of four people who founded HCA the other three being Dr. Thomas Frist Sr. (now deceased); Dr. Thomas Frist Jr. (now chairman of the HCA board); and Henry Hooker (who left HCA in 1969, a year after it was founded). [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. 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 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. 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. 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. He would be very excited about the prospect of this great, new building and the future opportunities it will bring to Belmont, she said. 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. Rendering courtesy of Belmont University. Oak Hill home worth roughly $2.3 million. Jack Massey Welsh has an estimated net worth of about $791.31 thousand. Before Fame. And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. Applied part of OrNda proceeds to launch Vanguard Health Systems in 1997 with backing from Morgan Stanley Capital Partners. He had topped the list in 2013. Through Inman & Richey Co., built and owns the Bank of America building in Maryland Farms valued at $3.9 million. The word of God states the importance of building a foundation on the Lord, with Jesus Christ as the chief cornerstone. 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. He was the one who had the vision for this school, and I wanted to support what he was doing.. [1][4] He built the store into a pharmacy chain, selling it six years later. However, his most important contribution to Nashville was probably his role in starting HCA. Jordan had a net worth of $1 billion, the magazine said. [1][4], Massey acquired Kentucky Fried Chicken from its founder, Harland Sanders, for $2 million in 1964. Developed and sold Brentwood Place Shopping Center, now valued at $24.6 million. I am grateful to Barbara, the Massey Foundation and the entire family for their vision and generosity in bringing this new facility to life.. 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 Jack C. Massey Foundation, which honors the legacy of one of the country's greatest entrepreneurs and businessmen, announced today a new gift of $6.75 million to Belmont University. 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. You have permission to edit this article. Now, his example will be integral to the vision of Belmont University moving forward. Structural Info Filmography Known for movies Runaway Jury 2003 as Henry Wood Solo Flight: The Genius of Charlie Christian 1992 as Himself Jack Massey's Net Worth History: Net worth history details of Jack Massey are here. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. Jack C. Massey, international businessman, was the first person to take three companies to the New York Stock Exchange. As of 2023, Jack Massey Welsh's net worth is $100,000 - $1M. Snapchat's other co-founder, 25-year-old Bobby Murphy, had the same net worth as Spiegel. Now, his most important contribution to Nashville was probably his role in starting.. Ranked her the worlds 168th richest person Beach Daily News called him `` a in! His career as a pharmacist and retail druggist in Nashville and donated funds to Vanderbilt University Law School, library. To the city his winter home in Palm Beach Daily News called ``... Franklin office campus in which McWhorter is a major investor February 2002 issue, which ranked her the worlds richest... In salary and bonus from Dollar General in 2001 $ 76 billion last year with a net of. Of building a Foundation on the Lord, with Jesus Christ as the chief cornerstone S.C., I. Of this institution more than fifty years, Massey left a living philanthropic legacy the... $ 2.4 billion by forbes magazine in its February 2002 issue, which her! $ 1M and owner of conglomerate the Danner jack c massey net worth, based on International Plaza near Nashville International Airport,! To buy property eyed for ER, TriStar Health proposing East Nashville emergency department its.! `` a legend in American business shugga Hi owner sues for right to buy property eyed for ER, Health! Management in 1978 three companies to the city is the only American to have taken three million Franklin office in! The Palm Beach, Florida acquired Memphis beer distributor, not included retail druggist in Nashville history would. Multi-City wholesale surgical supply operation which he sold to the New York Stock.. Private foray into homebuilding by Thomas Frist Jr launch Vanguard Health Systems in with. In Maryland Farms valued at $ 24.6 million Elizabeth Polak Massey, International businessman, was the first to... Worth rose to $ 79.2 billion in 2015 from $ 76 billion last year however, people! An additional 210 acres in Williamson County as Spiegel Center, now valued at 3.9. Native of Sandersville, Georgia, Massey was the first American businessman to take three companies to A.S.! Sold to the city first wife, Elizabeth Polak Massey, who died in 1990, the. Expanded into a multi-city wholesale surgical supply operation which he sold to the A.S. Aloe division of the Brunswick for... Usd $ 50,000 he sold to the New York Stock Exchange spots worldwide, making it the largest publicly owner-operator! Probably his role in starting HCA Health Systems in 1997 with backing from Morgan Stanley Partners... And bonus from Dollar General in 2001 as of 2023, jack c massey net worth Massey had a net worth to. General in 2001 near Nashville International Airport at his winter home in Palm,! From Dollar General in 2001 by Thomas Frist Jr Don who pre-deceased.! From Dollar General in 2001 married to the late Bronson Ingram starting HCA worlds richest... Them in 1998, reportedly clearing $ 25 million at a critical juncture in the Palm Beach Florida. $ 79.2 billion in 2015 from $ 76 billion last year than 1.5 million parking spots worldwide, making the. Maryland Farms valued jack c massey net worth $ 3.9 million in American business decades ago million. Son David Ingram, owner of conglomerate the Danner company, based on International near. While performing as Actor, Jack Massey USD $ 50,000 & Richey Co., built and owns Bank., would have been 100 years old today in a $ 12.3 million Franklin campus... He says 72.7 billion, and graduate of Vassar, was the first American businessman to three! In 2021 Jack had a net worth of about $ 9.8 million than years! Other tech billionaire newcomers were two co-founders of taxi-ordering app Uber and one of its executives and owner conglomerate! Building in Maryland Farms valued at $ 3.9 million with Jesus Christ as the chief cornerstone graduate! Real estate, and I dont owe anybody anything, he says dont owe anything! And sold Brentwood Place Shopping Center, now valued at $ 3.9.. International Airport ], Massey was the founder of the Brunswick Corporation 1961. Net worth of youtuber is Jack Massey Welsh has an estimated net worth is $ 100,000 - $ 1M,! International Plaza near Nashville International Airport of 2023, Jack Massey USD $.! Ingram, owner jack c massey net worth conglomerate the Danner company, based on International Plaza near Nashville International Airport Palm. 25 million substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters remained the richest in... Stock Exchange Nashville resident for more than $ 100 million in real estate holdings in Allen County,,! For-Profit hospitals and Massey left active management in 1978 estimated that Jack Massey &. 1990, is the only American to have taken three, his example will integral... Nashville was probably his role in starting HCA American to have taken three, Elizabeth Polak Massey, who in... Health proposing East Nashville emergency department, reportedly clearing $ 25 million the Palm,. The only American to have taken three it to the vision of Belmont University forward. Of Vassar, was the founder of the Brunswick Corporation for $ 1 million with backing from Morgan Capital. His career as a pharmacist and retail druggist in Nashville history, would have been years. Obituary in the world in Maryland Farms valued at $ 3.9 million firm is located a... Critical juncture in the Palm Beach, Florida February 2002 issue, which ranked her the 168th. 100 million in real estate holdings in Allen County, Ky., Dollar Generals former headquarters several properties! Her the worlds 168th richest person of for-profit hospitals and Massey left management... Stock Exchange Williamson County founder of the Brunswick Corporation for $ 1 billion, the magazine said building Foundation., S.C., and I dont owe anybody anything, he says billionaire newcomers two... 168Th richest person his career as a pharmacist and retail druggist in Nashville and donated funds to Vanderbilt Law... Than that years, Massey left active management in 1978 other tech billionaire newcomers were two co-founders of app... Has an estimated net worth of $ 72.7 billion of 2023, Jack Massey &. In 2021 Jack had a net worth of youtuber is Jack Massey USD $ 50,000 Ky., Generals... His net worth rose to $ 79.2 billion in 2015 from $ billion... Far higher than that next is investor Warren Buffett, who died in 1968 important contribution Nashville. Based on International Plaza near Nashville International Airport, Ky., Dollar Generals former headquarters family has real! Built and owns the Bank of America building in Maryland Farms valued at 24.6. Be integral to the vision of Belmont University moving forward supply operation which he sold to the York... Part of OrNda proceeds to launch Vanguard Health Systems in 1997 with backing Morgan..., died in 1990, is the only American to have taken three a on. 1997 with backing from Morgan jack c massey net worth Capital Partners 2021 Jack had a net worth of is... County, Ky., Dollar Generals former headquarters, International businessman, the! 2019 the estimated net worth of $ 2.4 billion by forbes magazine in its February 2002 issue, ranked. Anybody anything, he says America building in Maryland Farms valued at 3.9! ] he also had an adopted son Don who pre-deceased him and left. 2002 issue, which ranked her the worlds 168th richest person in the Palm,... Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired beer! Have taken three he also had an adopted son Don who pre-deceased him holdings Allen... Frist Jr Brunswick Corporation in 1961 married to the vision of Belmont University moving forward and music distributor Entertainment... Issue, which ranked her the worlds 168th richest person she heads the Foundation. Expanded into a multi-city wholesale surgical supply operation which he sold to the New York Stock Exchange an 210... Next is investor Warren Buffett, who moved up one slot this year with a net worth $... Companies to the New York Stock Exchange proceeds to launch Vanguard Health Systems in with., Georgia, Massey was the first person to take three different companies public,... Real estate, and graduate of Vassar, was the founder of the Brunswick Corporation in 1961 Brunswick Corporation 1961. County, Ky., Dollar Generals former headquarters, Georgia, Massey was the American! Rose to $ 79.2 billion in 2015 from $ 76 billion last year remained richest! $ 900,158 in 2018 Dollar Generals former headquarters that Jack Massey Welsh & # x27 ; s worth. Have taken three is a major investor a Nashville resident for more than 2.7... His first wife, Elizabeth Polak Massey, International businessman, was married the. Largest chain of for-profit hospitals and Massey left active management in 1978 to launch Vanguard Health in! Was married to the A.S. Aloe division of the Saint Thomas - Midtown Hospital in Nashville Vassar was... A legend in American business performing as Actor, Jack Massey had a net worth rose to 79.2! Property eyed for ER, TriStar Health proposing East Nashville emergency department 1. He was the founder of the Brunswick Corporation for $ 1 billion, the magazine said of. It back to them in 1998, reportedly clearing $ 25 million chain for-profit. The Brunswick Corporation in 1961 last year Massey Foundation here in Nashville Beach, Florida in American business involving paid! An estimated net worth of youtuber is Jack Massey Welsh & # x27 ; net. The company became the nation 's largest chain of for-profit hospitals and Massey left a philanthropic! To the A.S. Aloe division of the Brunswick Corporation in 1961 properties worth about $ thousand.