jack c massey net worth
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. 248 from 156 on the 2017 list with a net worth of $3.1 billion attributed by Forbes to new information released during . To be one of the richest people on Earth, he had to do all these things in his life. 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. Martins 9.2% stake could be worth $75 million to $95 million in an initial public offering, which is likely within the year. [1] He graduated with a degree in pharmacy from the University of Florida. Copyright 2020 - 2023 by FamedBorn.com. 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. Friends say house is worth $15 million, including antique furnishings. Hospital management entrepreneur whose biggest fortune so far stems from OrNda HealthCorp. 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. In 1982, Forbes estimated his net worth at $100 million. Another home on Sturbridge Drive and three condominiums in Naples, Fla., which he buys and sells as a hobby. Jack C. Massey Wiki & Bio As of 2023, Jack Massey Welsh's net worth is $100,000 - $1M. Chairman of venture capital firm Clayton Associates. Their combined net worth is, according to Nashville Post estimates, $6.4 billion. You have permission to edit this article. 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. Basketball legend Michael Jordan joined the list for the first time this year, thanks to his ownership in basketball team Charlotte Hornets and payouts form his Nike brand. His most important involvement came in the late 1960s with the founding and development of HCA. For the 2002 Rich List, the Post has focused in on Nashvilles 10 wealthiest residents. [1][4] He founded Massey Surgical Supply in 1930. 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. Search Celebrity 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 . Massey, who died in 1990 after taking three companies to the New York Stock Exchange, is one of the schools top benefactors. 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. 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. Her modeling career was . Benefactor of the McWhorter School of Pharmacy at Samford University in Birmingham through a 1996 gift worth more than $10 million. Cal has sole ownership of about 5.9 million shares, while brother Steve owns 2.3 million shares. A native of Charleston, S.C., and graduate of Vassar, was married to the late Bronson Ingram. 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. Mr. Massey stepped up to support Belmont at a critical juncture in the life of this institution more than five decades ago. 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. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. In second place is Mexican telecommunications mogul Carlos Slim Helu, with a net worth of $77.1 billion. Says all his money tied up in Franklin Financial or real estate. Rounding out the top five was Larry Ellison, founder of technology company Oracle Corp., with $54.3 billion. [1][2] He also supported Vanderbilt University and the Montgomery Bell Academy in Nashville. 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. Belmont has laid this sure foundation. Vanguards annual revenue run-rate now approaching $1 billion and operating cash flow nearing $100 million. In 1982, Forbes estimated his net worth at $100 million. He had topped the list in 2013. Current net worth is $1,572,900, while in 2021 Jack had a net worth of $1,399,881. In fact, determining an estimate for each individual is its own investigative reporting assignment. Developed and sold Brentwood Place Shopping Center, now valued at $24.6 million. For more on Martha Ingram, see companion story, An Enrich List Charter Member.. 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. 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. 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. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. 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. 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.. Now people from all walks of life have started evaluating his merits. Structural Info Filmography Known for movies Runaway Jury 2003 as Henry Wood Solo Flight: The Genius of Charlie Christian 1992 as Himself 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. At the age of 56, becoming bored with retirement, he went on to secure a place in American business history by helping take three separate companies to the New York Stock Exchange. Jack Massey's granddaughter Beth Poe speaks during the Topping Out ceremony. KFC sold to Heublein for $285 million in 1971, netting Jack Massey roughly $100 million the same year he and Alyne Queener were married. Jack Dempsey /AP Show More Show Less 5 of 33. . 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. Parking lot czar. 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. However, his most important contribution to Nashville was probably his role in starting HCA. When was Jack Massey Welsh born? Before Fame He was the one who had the vision for this school, and I wanted to support what he was doing.. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. 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. He currently resides in England, United Kingdom. 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. He is 26 years old as of June 2022. 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. Owns personal plane. [1] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. He uploaded his first video to his JackSucksAtLife channel, "Minecraft 1.5.1 - Jack's Farm Ep.1 Skinny Pete!," on April 4, 2013. 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. 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. Founder of Franklin Financial Corp. Controls more than 4.5 million shares of stock worth $111 million. 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. 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. Since then has donated or pledged at least $160 million to nonprofits. This building is going to be the intersection between our campus, our programs, our students and faculty, and the community around us. 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. Site preparation for the new Jack C. Massey Center facility begins this week with plans for a groundbreaking in early 2022. NashvillePost.com has learned that Alyne Queener Massey, widow of the late business icon Jack Massey, has begun the process of selling her house at the intersection of Tyne Boulevard and Belle Meade Boulevard, across the street from the Belle Meade Country Club. 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. 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.). Contact | Privacy Statement | Terms & Conditions. But there were 197 women, up from 172 a year ago. New facility will house Belmont Data Collaborative, Transformational Innovation Hub, Cone Center for Entrepreneurship and University Welcome Center. Three co-founders of Airbnb, the vacation-home rental website, also made the list. Exercises sole or shared control over roughly 48.5 million shares, or 14.6%, of Dollar General stock valued at about $836 million. That equals more than two-thirds the money collected annually from Tennessee taxpayers. Ingram Micro shares have risen slightly in price in the meantime. 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. Jack Massey Welsh was born on the 24th of June, 1996. However, some people have estimated that Jack Massey Welsh's net worth might truly be far higher than that. Come Away Plantation includes six lakes, farm equipment, automobiles, an 1860s plantation home, cottages, a tennis court, corporate retreat and conference areas. He is best known for being a YouTuber. 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 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). Chairman of Ingram Industries, which includes Ingram Book, Ingram Barge, Ingram Marine and Ingram Insurance (Permanent General non-standard auto insurer). Your email address will not be published. Jack Massey's Net Worth History: Net worth history details of Jack Massey are here. Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired Memphis beer distributor, not included. The donation will allow the school to upgrade classrooms, floors, office space and technology. 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. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. In fourth place was Amancio Ortega, the Spanish co-founder of clothing retail chain Zara, with a net worth of $64.5 billion. Owns a Falcon 20-F, 10-passenger jet. Ingram investment unit managed by son-in-law Richard Patton, overseeing stakes in numerous companies, including 12.3% position in The Krystal Co. of Chattanooga. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. At 73, Curreys investment portfolio is still weighted with American Express stock, though he has donated or sold chunks over the years to support many philanthropic endeavors (Montgomery Bell Academys Currey Gymnasium, Vanderbilts Brownlee O. Currey Jr. Tennis Center, and most recently, the Currey Ingram Academy in Williamson County). Net Worth 2019 The estimated net worth of youtuber is Jack Massey USD$ 50,000. While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. Sold it back to them in 1998, reportedly clearing $25 million. Now, his example will be integral to the vision of Belmont University moving forward. 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.). On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont Universitys biggest benefactors. 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 the former Brooke House at the corner of Tyne and Belle Meade Boulevards, currently on the market for more than $7 million, a house on Chickering Road appraised at $2.6 million, and a home on South Ocean Boulevard in Palm Beach, Fla. In 2020, Jack was estimated to have a net worth of $1,245,894. All rights reserved. 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. The Nashville billionaire, who started HCA with his father and Jack Massey in 1968, is worth an estimated $7.6 billion. [1], Massey was an initial investor in the Corrections Corporation of America in the 1980s. 2023 www.tennessean.com. The house originally featured 58 bedrooms, 33 bathrooms, 12 fireplaces, and three separate bomb shelters. You have permission to edit this article. 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. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. The foundation does not have any program activities and made $1,509,033 in annual grants last year. Also a longtime board member of Thomas Nelson Inc., in which he holds a $2.3 million stake. 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. Transformative innovation spacesincludingthe Belmont Data Collaborative,the Cone Center for Entrepreneurship and other business/design functionsas well as state-of-the-art collaboration workspacesfor students and facultywill occupy the upper two floors,welcoming people to come together with the goal of solving complex problems. Earned $1.6 million in salary and bonus from Dollar General in 2001. 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. 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jack c massey net worth