Site preparation for the new Jack C. Massey Center facility begins this week with plans for a groundbreaking in early 2022. [3] His alma mater, University of Florida, named the Jack C. Massey Professorship Fund for him. 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. The home sits on a nearly four-acre estate. Through Inman & Richey Co., built and owns the Bank of America building in Maryland Farms valued at $3.9 million. 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. 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. Converted stock and option stake in company into more than $65 million on its sale to Tenet Healthcare. Massey College of Business Dean Dr. Sarah Gardial said, The new Jack C. Massey Center will elevateand celebratethe tremendous influence of Jack Massey as a businessman and as a leader who thought outside the box, conducted himself with the highest character and achieved phenomenal success. That equals more than two-thirds the money collected annually from Tennessee taxpayers. [1][3] He then received a pharmacist's license when he was 19 and bought his first drugstore when he was 25. 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. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the worlds 168th richest person. 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. A family partnership involving Cal paid more than $2.7 million in 98 to acquire an additional 210 acres in Williamson County. She. Contact | Privacy Statement | Terms & Conditions. YouTube content creator named Jack Massey Welsh who is best known for his JackSucksAtLife channel, where he has more than 2.5 million subscribers. Still controls 17.2 million shares, or 3.5%, of the companys stock worth roughly $865 million. Owns the River Circle Farm in Williamson County, so named because the 300-plus-acre property wraps around the Harpeth River. Next is investor Warren Buffett, who moved up one slot this year with a net worth of $72.7 billion. Director of Weyerhauser and AmSouth, retiring from Baxter International board in May. Required fields are marked *. In Nashville, Cal and wife Margaret own several Brentwood properties worth about $9.8 million. [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. [5] His funeral was held at the Immanuel Baptist Church in Belle Meade, and he was buried in the Mount Olivet Cemetery in Nashville. Masseys birthday is being recognized at the Jack C. Massey Graduate School of Business at Belmont University. He was the first American businessman to take three different companies public. 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. Known throughout his business career for backing people, not propositions, Massey believed that wealth could not be measured fully by making money, but through accomplishments. A trustee of Vanderbilt University and board member of the Urban Land Institute. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. The building has been named in . Mr. Massey stepped up to support Belmont at a critical juncture in the life of this institution more than five decades ago. 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. 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. He was the instigator, she said. 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. He was originally known for his Minecraft-centric content. His net worth rose to $79.2 billion in 2015 from $76 billion last year. Our College of Business bears his name because he represents an ideal role model for our students. My grandfather loved his family, community, city, nation and Belmont. 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 Massey's Net Worth History: Net worth history details of Jack Massey are here. Current net worth is $1,572,900, while in 2021 Jack had a net worth of $1,399,881. 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. Massey resided in Nashville[clarification needed]. [1] He also had an adopted son Don who pre-deceased him. Massey received many kudos during his life, and was in 1987 named a member of the Fortune magazine U. S. Business Hall of Fame. In fourth place was Amancio Ortega, the Spanish co-founder of clothing retail chain Zara, with a net worth of $64.5 billion. 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. Owns personal plane. 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. Advertisements. 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. 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. Net gain from sale of non-inventory assets: $0-100%: Gross sales of inventory: $0: $0-Miscellaneous revenues: $0: $0-Total revenues: $1,107,784: $1,144,219 . Jack Massey Bio/Wiki, Net Worth, Married 2018. Jack Massey Welsh's age is 26. 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. [8] He later married Alyne Queener. Come Away Plantation includes six lakes, farm equipment, automobiles, an 1860s plantation home, cottages, a tennis court, corporate retreat and conference areas. This building is going to be the intersection between our campus, our programs, our students and faculty, and the community around us. 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. He currently resides in England, United Kingdom. He had topped the list in 2013. Peggy Hutton of Fridrich & Clark is handling the potential transaction. 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. [1][4] Finally, he listed Volunteer Capital Corporation (a holding company of Wendy's Restaurant fast food franchises) on the New York Stock Exchange. 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. 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. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. In addition, Massey made substantial contributions to Montgomery Bell Academy, Vanderbilt University Law School, and Cheekwood. 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. 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. 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. [9] His obituary in The Palm Beach Daily News called him "a legend in American business. 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 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. Benefactor of the McWhorter School of Pharmacy at Samford University in Birmingham through a 1996 gift worth more than $10 million. Another home on Sturbridge Drive and three condominiums in Naples, Fla., which he buys and sells as a hobby. Since then has donated or pledged at least $160 million to. Generally though, ferreting out the information to estimate a private citizens net worth isnt an easy task. Also instrumental in the formation of the new John Paul II Catholic High School in Hendersonville. 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. His mother and father were not so much rich. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. We are committed to: relevant, interactive and experiential academic programs. 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. 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. Since then has donated or pledged at least $160 million to nonprofits. [7], Massey was a donor to Belmont University, where the Jack C. Massey Graduate School of Business was named in his honor. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. 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. In 1982, Forbes estimated his net worth at $100 million. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. As of 2023, Jack Massey Welsh's net worth is $100,000 - $1M. Patriarch of the Frist family. Beth Poe, Barbara Massey Rogers daughter and Masseys granddaughter, spoke at the ceremony on behalf of her family. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. [1][4] He built the store into a pharmacy chain, selling it six years later. Owns 8.33% stake in Renaissance Hotel and Towers in downtown Nashville. anthony apocalypse costume; mark dellagrotte record; shohreh aghdashloo ever after; wendy's employment verification; is it haram to wear shorts to sleep 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.). Stock recently traded at $22. KFC sold to Heublein for $285 million in 1971, netting Jack Massey roughly $100 million the same year he and Alyne Queener were married. I am grateful to Barbara, the Massey Foundation and the entire family for their vision and generosity in bringing this new facility to life.. 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. The structure, which will be located between the campus Baskin Center and Johnson Center on 15thAvenue, is estimated to be complete by fall 2023. 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. DETAILS BELOW Jack Massey Welsh (born June 24, 1996) is famous for being youtuber. You dont necessarily hear about them but theres a hell of a lot of them around here, and thats made all the difference in the world.. Massey, who died in 1990 after taking three companies to the New York Stock Exchange, is one of the schools top benefactors. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. It reveals some things people might not fully appreciate: Marthas money is Nashvilles culture. Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. This closer look reveals some things people already know: everyone is still rich. Co-founded Hospital Corporation of America with his late father and Jack Massey, who earlier made a fortune with Kentucky Fried Chicken. 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 . June 15, 2022. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. Spends much of her time on philanthropic pursuits, especially arts and education. The latter two properties have a combined market value of $5 million. Before becoming an adult star, Gemma Massey was a dental nurse. 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. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. [1][2] He was the first American businessman to take three different companies public. Forbes pegged his worth at roughly $1.5 billion. The Nashville billionaire, who started HCA with his father and Jack Massey in 1968, is worth an estimated $7.6 billion. 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. 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. Also a longtime board member of Thomas Nelson Inc., in which he holds a $2.3 million stake. Contacted by NashvillePost.com, Hutton adamantly denied that the house had already been listed but said, Im having some very private conversations about it.. 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. Massey, who died in 1990, is the only American to have taken three. He does, however, have an estimated net worth of $900,000. Trump tumbled to No. Shares in those companies worth $22 million. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. 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. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. 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. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. Oak Hill home worth roughly $2.3 million. Jack Dempsey /AP Show More Show Less 5 of 33. . 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. Well more than $100 million in real estate, and I dont owe anybody anything, he says. 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. Rendering courtesy of Belmont University. Ingram Micro shares have risen slightly in price in the meantime. The donation will allow the school to upgrade classrooms, floors, office space and technology. [3], Massey began his business career working as a delivery boy in his uncle's drugstore. Massey gifts also established the Doyle Rogers Distinguished Chair of Law. [3], Massey died of pneumonia on February 15, 1990, at the Good Samaritan Medical Center in West Palm Beach, Florida, at age 85. 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.). 248 from 156 on the 2017 list with a net worth of $3.1 billion attributed by Forbes to new information released during . At 62, has helped grow the Goodlettsville, Tenn.-based retail chain to more than 5,700 stores. Chairman of the board of Vanderbilt University. Save my name, email, and website in this browser for the next time I comment. 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. 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. Restaurant Properties. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. 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. As a result, his earnings from the channels are difficult to forecast. 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. Forbes said there were 1,826 billionaires on its list this year, up from 1,645 in 2014. All Rights Reserved. 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. Thats whats going to happen in this building, and I think Jack would be so proud of that.. The process of selling the house appears to be very private, which is often the case with homes in that price range. Its style and location make it indisputably one of the most desirable houses in all of Nashville. Also a big Easter Seals supporter. The 2002 Rich List focuses on the 10 wealthiest people in Middle Tennessee. Chief executive and owner of conglomerate The Danner Company, based on International Plaza near Nashville International Airport. Now people from all walks of life have started evaluating his merits. For more on Martha Ingram, see companion story, An Enrich List Charter Member.. [1][2] He also supported Vanderbilt University and the Montgomery Bell Academy in Nashville. 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. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. Widow of serial entrepreneur Jack Massey, who died in 1989. 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. Founder of Franklin Financial Corp. Controls more than 4.5 million shares of stock worth $111 million. While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. Still later, created Winners Corp. and partnered with Thomas Frist Sr. to develop what is now Loews Vanderbilt Plaza hotel. 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