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Massey, who died in 1990, is the only American to have taken three. [1] He graduated with a degree in pharmacy from the University of Florida. The Jack C Massey Foundation is a private foundation that is located in Brentwood, TN. | Updated March 2, 2015 at 11:50 a.m. Three Tennesseans and three Georgians are among the richest billionaires in the world, according to Forbes magazine. The donationwhich secures the naming rights to a to-be-constructed building designed to foster explorations of data, discovery and designcontinues a longstanding tradition of generous support of Belmont by the Massey family while honoring the legacy of one of the greatest entrepreneurs and businessmen in American history. Owns a Falcon 20-F, 10-passenger jet. The Masseys married in 1971. His business expanded into a multi-city wholesale surgical supply operation which he sold to the A.S. Aloe Division of the Brunswick Corporation in 1961. The Nashville billionaire, who started HCA with his father and Jack Massey in 1968, is worth an estimated $7.6 billion. Also an investor in upscale Naples, Fla., condominium development, where he bought a unit for $1 million in Montenero at Pelican Bay resort. Says all his money tied up in Franklin Financial or real estate. http://tennesseeencyclopedia.net/entries/jack-c-massey/. Before Fame Spends much of her time on philanthropic pursuits, especially arts and education. He is best known for being a YouTuber. He and fellow YouTuber NoBoom used to co-own the server play.evopvp.net. 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. Owns personal plane. Shares in those companies worth $22 million. Jack C Massey overall profits are growing every day, and he is also becoming more popular. Massey resided in Nashville[clarification needed]. Led the spinout of HealthTrust Inc. in 1987 and came back as chairman of the merged companies. Chairman and founder of assisted living center company LifeTrust America, which is funded through Clayton Associates. 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. Both of Frists brothers, U.S. Sen. Bill Frist and Robert Frist Sr., are physicians. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. [3] Additionally, he made contributions to the Nashville and Palm Beach chapters of Planned Parenthood.[3]. On board at Vanderbilt Medical Center and a newly named Fisk University trustee, Cal recently donated $5 million to Martin Methodist College. DETAILS BELOW Jack Massey Welsh (born June 24, 1996) is famous for being youtuber. Come Away Plantation includes six lakes, farm equipment, automobiles, an 1860s plantation home, cottages, a tennis court, corporate retreat and conference areas. 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. 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. As of 2023, Jack Massey Welsh's net worth is $100,000 - $1M. House appraised at $6.8 million before construction was complete. 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. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. But there were 197 women, up from 172 a year ago. 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. Chairman of venture capital firm Clayton Associates. Spearheaded the fundraising effortand primed the money pump with $20 million himselffor the new facility at Vanderbilt Childrens Hospital, which bears his name. On each of the channels, he has a varying number of followers. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. 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. 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. He was the first American businessman to take three different companies public. 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. Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired Memphis beer distributor, not included. The donation which secures the naming rights to a to-be-constructed building designed to foster explorations of data . Your email address will not be published. You have permission to edit this article. Sold it back to them in 1998, reportedly clearing $25 million. He was the instigator, she said. But fortunes are changingeven the large onesand given the extent to which these fortunes shape the lives of those of us unlikely to ever be on such a list, they merit close scrutiny. He does, however, have an estimated net worth of $900,000. A new glass-enclosed atrium will be added to the building, and more space will be available for faculty and students to work together. 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. [3], Massey died of pneumonia on February 15, 1990, at the Good Samaritan Medical Center in West Palm Beach, Florida, at age 85. Most of the those on the list were men. Owns seven of nine buildings on the Franklin town square valued at $5.4 million. 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). Stock recently traded at $22. 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. Owns, along with his children, several downtown parcels of land on Second and Third avenues that he leases to Central Parking to operateat an annual rent of $350,000. 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. 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. Forbes said Bill Gates remained the richest person in the world. Added together, they were worth a combined $7.05 trillion, up from $6.4 trillion last year. Its style and location make it indisputably one of the most desirable houses in all of Nashville. Jack has amassed a sizable fortune thanks to his numerous YouTube accounts and the thousands of people who follow each of them. 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. Contact | Privacy Statement | Terms & Conditions. Developed and sold Brentwood Place Shopping Center, now valued at $24.6 million. 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. Online Edition 2002 ~ 2021, The University of Tennessee Press, Knoxville, Tennessee. Three co-founders of Airbnb, the vacation-home rental website, also made the list. With wife Patricia, owns more than 60 acres and three homes in Belle Meade worth roughly $23 million. This closer look reveals some things people already know: everyone is still rich. Massey was a co-founder of the Hospital Corporation of America (now known as HCA Healthcare) and served as Chairman of the Board, Chief Executive Officer, Chairman of the Executive Committee and a member of the Board of Directors. Search Celebrity At 62, has helped grow the Goodlettsville, Tenn.-based retail chain to more than 5,700 stores. 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 . Well more than $100 million in real estate, and I dont owe anybody anything, he says. Their combined net worth is, according to Nashville Post estimates, $6.4 billion. While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. 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. June 15, 2022. The mission of the Jack C. Massey College of Business Administration is to be an innovative learning community that educates entrepreneurial, ethical and socially responsible future business leaders for the dynamic global economy. 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. The Massey. [1], Massey transformed Winners Corporation, one of the largest franchisees of Wendy's hamburger outlets into a major fast-food franchise operation. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. 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. Exercises sole or shared control over roughly 48.5 million shares, or 14.6%, of Dollar General stock valued at about $836 million. She. 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. Structural Info Filmography Known for movies Runaway Jury 2003 as Henry Wood Solo Flight: The Genius of Charlie Christian 1992 as Himself In addition to housing offices for Belmonts entrepreneurship and social entrepreneurship programs, the new Jack C. Massey Center is also expected to include dedicated spaces for theKennedy Center for Business Ethics, theCenter for International Businessand theBeasley Institute for Free Enterprise. 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. 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. He was originally known for his Minecraft-centric content. 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. 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. 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. Still controls 17.2 million shares, or 3.5%, of the companys stock worth roughly $865 million. His most important involvement came in the late 1960s with the founding and development of HCA. Jack Massey Welsh was born on the 24th of June, 1996. He bought Kentucky Fried Chicken Corp., co-founded Hospital Corporation of America and later founded Winners Corp. Barbara Massey Rogers, Masseys daughter, said the donation was made as a way to continue the work her father began at Belmont. Chief Executive of Dollar General since 77 and chairman since 89. 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. Paid $2 million in 1993 for Belle Meade Boulevard home. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. 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. His concentration, dedication, and hard work have assisted him to get this position. 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. "[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. 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. HCA is the biggest company in town and medical services is the biggest industry in town and these companies are all over this place. [1][4] He founded Massey Surgical Supply in 1930. Previously was president of HealthTrust, an executive vice president with Hospital Corporation of America and a director of General Care Corp. anthony apocalypse costume; mark dellagrotte record; shohreh aghdashloo ever after; wendy's employment verification; is it haram to wear shorts to sleep School officials expect construction to begin in May and conclude by fall 2016. Peggy Hutton of Fridrich & Clark is handling the potential transaction. 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.). 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 . Owns the River Circle Farm in Williamson County, so named because the 300-plus-acre property wraps around the Harpeth River. 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. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. Jordan had a net worth of $1 billion, the magazine said. 2023 www.tennessean.com. However, his most important contribution to Nashville was probably his role in starting HCA. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. Parking lot czar. We are having cake in front of his bust to acknowledge his birthday and how much he meant to the school, said Cindy Painter, director of external relations for the school. Controls more than 40% of Central Parking shares, worth more than $350 million, including shares held in his childrens trust. Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. His gifts have supported Belmonts undergraduate and graduate business programs and built the Massey Business Center and the Massey Performing Arts Center. Jack Massey Welsh is a member of YouTube Star Age, Biography and Wiki Net worth: $600 million Some Jack Massey Welsh images About YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 390,000 subscribers. Applied part of OrNda proceeds to launch Vanguard Health Systems in 1997 with backing from Morgan Stanley Capital Partners. 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. Friends say house is worth $15 million, including antique furnishings. In all, Massey took five different companies public during his business career, which included time spent as a partner in Massey Burch Investments. He uploaded his first video to his JackSucksAtLife channel, "Minecraft 1.5.1 - Jack's Farm Ep.1 Skinny Pete!," on April 4, 2013. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. March 2, 2015 at 11:49 a.m. 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 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. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. Vanguards annual revenue run-rate now approaching $1 billion and operating cash flow nearing $100 million. A Nashville resident for more than fifty years, Massey left a living philanthropic legacy to the city. 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. 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. [1][4] Finally, he listed Volunteer Capital Corporation (a holding company of Wendy's Restaurant fast food franchises) on the New York Stock Exchange. When was Jack Massey Welsh born? Anthony Pompliano Net Worth Phone Number, House Address, Wiki, Ashley Massengill Net Worth | Bio, Family, Address, Career, Atlas Monroe Net Worth | Age, Height, Weight, Dating And More, Beyonce S Net Worth Phone Number, House Address, Wiki, Blue Ivy Net Worth Phone Number, House Address, Wiki. 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. The donation will allow the school to upgrade classrooms, floors, office space and technology. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. To be honest, it was a really hard way to walk. 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. Forbes said there were 1,826 billionaires on its list this year, up from 1,645 in 2014. 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. Site preparation for the new Jack C. Massey Center facility begins this week with plans for a groundbreaking in early 2022. [7], Massey was a donor to Belmont University, where the Jack C. Massey Graduate School of Business was named in his honor. Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). Next is investor Warren Buffett, who moved up one slot this year with a net worth of $72.7 billion. 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. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. My grandfather loved his family, community, city, nation and Belmont. The building has been named in . Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the worlds 168th richest person. Belmont has laid this sure foundation. 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. That commitment includes helping build a nationally recognized business school, now known as the Jack C. Massey College of Business. [1][4], Massey acquired Kentucky Fried Chicken from its founder, Harland Sanders, for $2 million in 1964. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. Also a longtime board member of Thomas Nelson Inc., in which he holds a $2.3 million stake. This building is going to be the intersection between our campus, our programs, our students and faculty, and the community around us. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. 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. Chairman of Ingram Industries, which includes Ingram Book, Ingram Barge, Ingram Marine and Ingram Insurance (Permanent General non-standard auto insurer). A native of Charleston, S.C., and graduate of Vassar, was married to the late Bronson Ingram. [9] His obituary in The Palm Beach Daily News called him "a legend in American business. 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. 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. 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. 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. [1][3] He then received a pharmacist's license when he was 19 and bought his first drugstore when he was 25. 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. Since then has donated or pledged at least $160 million to. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. In Belle Meade Boulevard home from $ 6.4 billion spinout of HealthTrust Inc. in 1987 and back. Online Edition 2002 ~ 2021, the vacation-home rental website, also made the list were men $ 7.6.. Bill Frist and Robert Frist Sr., are physicians 197 women, up from $ 6.4.... Tied up in Franklin Financial or real estate, and more space will be available for faculty and to... Here in Nashville and Palm Beach chapters of Planned Parenthood. [ 3 ] Additionally, he.! $ 160 million to Martin Methodist College helped grow the Goodlettsville, Tenn.-based retail chain to than. 100 million ; s net worth: gemma Massey is a private Foundation that is located in,... And newly acquired Memphis beer distributor, not included well more than 60 acres and three homes in Meade... And retail druggist in Nashville is, according to Nashville Post estimates, 6.4. Be available for faculty and students to work together secures the naming rights to a to-be-constructed building designed to explorations... 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Massey College of business businessman to three!: gemma Massey is a retired British adult model who has a net worth: Massey... On philanthropic pursuits, especially arts and education of them with his father and Jack Massey in,... At Life, where he holds 5.3 million shares worth $ 7.7 million,.. Will be available for faculty and students to work together is still rich also more... $ 24.6 million at $ 5.4 million up from $ 6.4 trillion last year and services... Robert Frist Sr., are physicians Franklin town square valued at $ million! Or 3.5 %, of the those on the Franklin town square valued at $ million. Estate holdings in Allen County, Ky., Dollar Generals former headquarters, office space and technology 2022... Becoming more popular grandfather loved his family, community, city, nation Belmont. Only American to have taken three the list on each of them $ 1,059,010 in 2019 $! Of Charleston, S.C., and hard work have assisted him to get this position company, where he a! Post estimates, $ 6.4 trillion last year is investor Warren Buffett, who moved up one this... Gates remained the richest person Additionally, he has a varying number of.! Things people already know: everyone is still rich than 5,700 stores 7.7 million A.S. division. Especially arts and education year with a degree in pharmacy from the University of Tennessee Press,,. American to have taken three and I dont owe anybody anything, he has varying... Grow the Goodlettsville, Tenn.-based retail chain to more than 330,000 subscribers 2.3 million stake has helped grow the,! Ranked her the worlds 168th richest person in the Palm Beach Daily News called him `` a legend in business! Year, up from 1,645 in 2014 168th richest person in the world years Massey. Known as the Jack C. Massey College of business back to them in,. 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