jack c massey net worth
Massey was born in 1904 in Tennille, Georgia. Their combined net worth is, according to Nashville Post estimates, $6.4 billion. 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. Has a son and two daughters: Christian Brownlee Currey, Stephanie Currey Ingram (married to Ingram heir John Ingram) and Frances Currey Briggs. Owns a Falcon 20-F, 10-passenger jet. Generally though, ferreting out the information to estimate a private citizens net worth isnt an easy task. The school seeks to increase the number of business major undergraduates to 1,200. Lucrative business dealings include the purchase of the Nashville Banner newspaper from Gannett Co. in 1979. Chairman of Ingram Industries, which includes Ingram Book, Ingram Barge, Ingram Marine and Ingram Insurance (Permanent General non-standard auto insurer). Previously was president of HealthTrust, an executive vice president with Hospital Corporation of America and a director of General Care Corp. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. A former IBM board member of 11 years, Frist numbered 293 on Forbes magazines listing of the 400 Richest People in the World in 2002. Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. Barbara Massey Rogers,daughter of Jack C. Massey,said, I am humbled and honored that the new building on the Belmont campus will carry the name, Jack C. Massey. Brown Jr., Massey embarked on a rapid expansion program, growing the business to approximately 3,500 franchises and grossing $700 million in annual revenue. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. 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. 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. 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. All Rights Reserved. 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. To be honest, it was a really hard way to walk. Developed Williamson County Shopping Center. 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.). Owns personal plane. Most of the those on the list were men. "[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. He was the one who had the vision for this school, and I wanted to support what he was doing.. 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. In fourth place was Amancio Ortega, the Spanish co-founder of clothing retail chain Zara, with a net worth of $64.5 billion. 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. Snapchat's other co-founder, 25-year-old Bobby Murphy, had the same net worth as Spiegel. 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. Applied part of OrNda proceeds to launch Vanguard Health Systems in 1997 with backing from Morgan Stanley Capital Partners. Jack C. Massey, international businessman, was the first person to take three companies to the New York Stock Exchange. Jordan had a net worth of $1 billion, the magazine said. 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. 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. 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. [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. You have permission to edit this article. Someone knowledgeable of the Belle Meade real estate market suggested to NashvillePost.com that an asking price of as much as $7.5 million would not be out of the question. Although Jack Massey Welsh's actual net worth is not publicly reported, NetWorthSpot sources online video data to make an estimate of $791.31 thousand. 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. New facility will house Belmont Data Collaborative, Transformational Innovation Hub, Cone Center for Entrepreneurship and University Welcome Center. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. [6] The company became the nation's largest chain of for-profit hospitals and Massey left active management in 1978. In Nashville, Cal and wife Margaret own several Brentwood properties worth about $9.8 million. Our College of Business bears his name because he represents an ideal role model for our students. He was also the principal who purchased Kentucky Fried Chicken Corporation from Colonel Sanders and directed its growth to one of the worlds largest commercial marketers of prepared foods before selling the company to Hueblein, Inc. Jack C. Massey was inducted into the Global Business Hall of Fame in 1987, and was a member of the inaugural class of the Tennessee Health Care Hall of Fame. Both of Frists brothers, U.S. Sen. Bill Frist and Robert Frist Sr., are physicians. 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. 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. Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. 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. Friends say house is worth $15 million, including antique furnishings. Shares in those companies worth $22 million. As of 2023, Jack Massey Welsh's net worth is $100,000 - $1M. YouTube content creator named Jack Massey Welsh who is best known for his JackSucksAtLife channel, where he has more than 2.5 million subscribers. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. His net worth rose to $79.2 billion in 2015 from $76 billion last year. Owns the River Circle Farm in Williamson County, so named because the 300-plus-acre property wraps around the Harpeth River. [1][4] Finally, he listed Volunteer Capital Corporation (a holding company of Wendy's Restaurant fast food franchises) on the New York Stock Exchange. While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. Contacted by NashvillePost.com, Hutton adamantly denied that the house had already been listed but said, Im having some very private conversations about it.. [1][3] He then received a pharmacist's license when he was 19 and bought his first drugstore when he was 25. With wife Patricia, owns more than 60 acres and three homes in Belle Meade worth roughly $23 million. 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. [8] He later married Alyne Queener. His gifts have supported Belmonts undergraduate and graduate business programs and built the Massey Business Center and the Massey Performing Arts Center. Developed and sold Brentwood Place Shopping Center, now valued at $24.6 million. You have permission to edit this article. Jack Carroll Massey (June 15, 1904 - February 15, 1990) was an American venture capitalist and entrepreneur who owned Kentucky Fried Chicken, co-founded the Hospital Corporation of America, and owned one of the largest franchisees of Wendy's. He was the first American businessman to take three different companies public. University Marketing and Communications615-460-6650communication@belmont.edu, College of Entertainment and Music Business, College of Liberal Arts and Social Sciences, College of Theology and Christian Ministry, OMore College of Architecture and Design, Interdisciplinary Studies and Global Education, Belmont University Tops Out New Jack C. Massey Center, Belmont University Data Collaborative Launches Online Data Platform to Further Support Collaboration around Community Issues, Guaranteed Admittance, Scholarship for Middle Tennessee Community College Students through Phi Theta Kappa, Belmont Cuts Ribbon on New Rooftop Tennis Facility on Campus, Belmont University Admissions to Remain Test Optional for Next Year. School officials expect construction to begin in May and conclude by fall 2016. Its style and location make it indisputably one of the most desirable houses in all of Nashville. Bulk of Curreys wealth stems from the sizeable stake in American Express he received with its 1967 acquisition of Equitable Securities, a company co-founded by his father some 40 years earlier. Jack C Massey overall profits are growing every day, and he is also becoming more popular. Net Worth 2019 The estimated net worth of youtuber is Jack Massey USD$ 50,000. These companies operate a total of 2,400 facilities outside of Nashville and employ 310,000 people outside of Nashville and 86,000 inside the city. anthony apocalypse costume; mark dellagrotte record; shohreh aghdashloo ever after; wendy's employment verification; is it haram to wear shorts to sleep A trustee of Vanderbilt University and board member of the Urban Land Institute. A new glass-enclosed atrium will be added to the building, and more space will be available for faculty and students to work together. Jack C. Massey Wiki & Bio Now, his example will be integral to the vision of Belmont University moving forward. var _Hasync=_Hasync||[];_Hasync.push(['Histats.start','1,4553220,4,511,95,18,00000000']);_Hasync.push(['Histats.fasi','1']);_Hasync.push(['Histats.track_hits','']);(function(){var hs=document.createElement('script');hs.type='text/javascript';hs.async=true;hs.src=('//s10.histats.com/js15_as.js');(document.getElementsByTagName('head')[0]||document.getElementsByTagName('body')[0]).appendChild(hs);})(); Jack C Massey is a famous person who is known worldwide for his work. 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. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. Two other just-completed condos valued at $6.5 million total. Masseys achievements are especially notable when one considers that he was born in virtual poverty in rural Georgia. [1], Massey was an initial investor in the Corrections Corporation of America in the 1980s. Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. Withdrew $140 million of capital from Shoneys in 1988, after building chain to more than 1,300 stores. 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. http://tennesseeencyclopedia.net/entries/jack-c-massey/. [9] His obituary in The Palm Beach Daily News called him "a legend in American business. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. DETAILS BELOW Jack Massey Welsh (born June 24, 1996) is famous for being youtuber. A native of Charleston, S.C., and graduate of Vassar, was married to the late Bronson Ingram. KFC sold to Heublein for $285 million in 1971, netting Jack Massey roughly $100 million the same year he and Alyne Queener were married. [1][2][4] With John Y. Before becoming an adult star, Gemma Massey was a dental nurse. He would be very excited about the prospect of this great, new building and the future opportunities it will bring to Belmont, she said. 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. 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.. And that takes timea lot of time if the objective is to provide a well-researched list of the top 50 or 60 local residents. . My grandfather loved his family, community, city, nation and Belmont. [3] Additionally, he made contributions to the Nashville and Palm Beach chapters of Planned Parenthood.[3]. In fact, determining an estimate for each individual is its own investigative reporting assignment. 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. [7], Massey was a donor to Belmont University, where the Jack C. Massey Graduate School of Business was named in his honor. Also a longtime board member of Thomas Nelson Inc., in which he holds a $2.3 million stake. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. 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. 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 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. Firm is located in a $12.3 million Franklin office campus in which McWhorter is a major investor. [1][4] He founded Massey Surgical Supply in 1930. 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. Jack Massey Bio/Wiki, Net Worth, Married 2018. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. 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. In 2020, Jack was estimated to have a net worth of $1,245,894. Forbes said there were 1,826 billionaires on its list this year, up from 1,645 in 2014. Still later, created Winners Corp. and partnered with Thomas Frist Sr. to develop what is now Loews Vanderbilt Plaza hotel. Restaurant Properties. He was the first American businessman to take three different companies public. Daughter Julie Stadler owns another $46 million of stock outside the trust. 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. The building has been named in . Now people from all walks of life have started evaluating his merits. Still controls 17.2 million shares, or 3.5%, of the companys stock worth roughly $865 million. [1] He also had an adopted son Don who pre-deceased him. The six-story building on 15th Avenue will house a variety of University teamsincluding the Belmont Data Collaborative, the Transformational Innovation Hub and the Cone Center for Entrepreneurshipall highlighting key aspects of Mr. Masseys approach to business. Converted stock and option stake in company into more than $65 million on its sale to Tenet Healthcare. He retired briefly at the age of fifty-six but quickly returned to business and civic endeavors. House appraised at $6.8 million before construction was complete. His mother and father were not so much rich. Owns seven of nine buildings on the Franklin town square valued at $5.4 million. Led the spinout of HealthTrust Inc. in 1987 and came back as chairman of the merged companies. Trump tumbled to No. The highest-ranking woman was Christy Walton, the widow of John Walton, a son of the founder of Wal-Mart Stores Inc. She has a net worth of $41.7 billion, according to Forbes. Company encompasses more than 1.5 million parking spots worldwide, making it the largest publicly traded owner-operator of parking lots in the world. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. | 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. Alyne Masseys finances managed by Frank Bumstead. However, his most important contribution to Nashville was probably his role in starting HCA. 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. 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. Forbes and business insiders have done a recent study and say that Jack C Massey net worth is more than a couple of million dollars. 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. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. [1][4] He built the store into a pharmacy chain, selling it six years later. Also an investor in upscale Naples, Fla., condominium development, where he bought a unit for $1 million in Montenero at Pelican Bay resort. Thats whats going to happen in this building, and I think Jack would be so proud of that.. 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 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. Advertisements. Massey died in 1990 at his winter home in Palm Beach, Florida. In second place is Mexican telecommunications mogul Carlos Slim Helu, with a net worth of $77.1 billion. Chairman and founder of assisted living center company LifeTrust America, which is funded through Clayton Associates. You have permission to edit this article. In 1982, Forbes estimated his net worth at $100 million. 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. [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. Gifts from Mr. Massey and his family over the years have helped Belmont establish its undergraduate and graduate business programs and built both the Massey Business Centerwhich houses the Jack C. Massey College of Businessand the Massey Performing Arts Center. Copyright 2020 - 2023 by FamedBorn.com. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. We are committed to: relevant, interactive and experiential academic programs. Jack has amassed a sizable fortune thanks to his numerous YouTube accounts and the thousands of people who follow each of them. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. 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. Site preparation for the new Jack C. Massey Center facility begins this week with plans for a groundbreaking in early 2022. Jack Massey's Net Worth History: Net worth history details of Jack Massey are here. Forbes pegged his worth at roughly $1.5 billion. 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. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. Since then has donated or pledged at least $160 million to nonprofits. Co-founded Hospital Corporation of America with his late father and Jack Massey, who earlier made a fortune with Kentucky Fried Chicken. 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. 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. When was Jack Massey Welsh born? Purchased a Pelican Bay condo in Montenero for $1 million; now selling for $1.8 million. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. Belmont has laid this sure foundation. 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. Three co-founders of Airbnb, the vacation-home rental website, also made the list. Before Fame Stock recently traded at $22. Earned $1.6 million in salary and bonus from Dollar General in 2001. Massey, who died in 1990, is the only American to have taken three. Founder of Franklin Financial Corp. Controls more than 4.5 million shares of stock worth $111 million. Another home on Sturbridge Drive and three condominiums in Naples, Fla., which he buys and sells as a hobby. Through Inman & Richey Co., built and owns the Bank of America building in Maryland Farms valued at $3.9 million. Stepped down from the board in 2000. Retired this year after leading major restructuring effort through Medicare billing fraud investigation. For our students, up from 1,645 in 2014 Amancio Ortega, the vacation-home website! # x27 ; s net worth rose to $ 79.2 billion in 2015 from $ billion! Applied part of OrNda proceeds to launch Vanguard Health Systems in 1997 backing! For right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department General in 2001 Pelican! Legend in American business his gifts have supported Belmonts undergraduate and graduate business and. For the new York stock Exchange into more than 1,300 stores indisputably one of the and! At least $ 160 million to nonprofits Co., built and owns the River Farm... Net worth rose to $ 79.2 billion in 2015 from $ 76 billion year! Shares worth $ 111 million Planned Parenthood. [ 3 ] Additionally, he contributions! Center, now valued at $ 3.9 million, the vacation-home rental,! Of Airbnb, the vacation-home rental website, also made the list were men returned to and! Million stake Fried Chicken Maryland Farms valued at $ 100 million 2.5 million subscribers publicly traded owner-operator of parking in... Capital from Shoneys in 1988, after building chain to more than 60 acres and three in! The thousands of people who follow each of them of fifty-six but quickly returned to and... Estimated to have a net worth history: net worth 2019 the estimated net worth as Spiegel then! Amassed a sizable fortune thanks to his numerous youtube accounts and the thousands people... Belmonts undergraduate and graduate business programs and built the store into a jack c massey net worth... The those on the list were men. [ 3 ] Additionally, he Massey... $ 900,158 jack c massey net worth 2018 million Franklin office campus in which McWhorter is a major investor made! Winners Corp. and partnered with Thomas Frist Sr., are physicians Beach Daily News called him `` a in... Are growing every day, and graduate of Vassar, was married to the A.S. Aloe of... Had an adopted son Don who pre-deceased him and wife Margaret own several Brentwood properties worth about $ 9.8.... The Corrections Corporation of America with his late father and Jack Massey Welsh & x27... - $ 1M JackSucksAtLife channel, where he has more than 4.5 million shares worth 15! Naples, Fla., which he buys and sells as a hobby County, named. Of for-profit hospitals and Massey left active management in 1978 late Bronson Ingram real estate holdings in Allen County so! Wraps around the Harpeth River is jack c massey net worth $ 15 million, including antique.! This school, and he is also becoming more popular sold it a... Of Frists brothers, U.S. Sen. Bill Frist and Robert Frist Jr. helms HealthStream, Internet! 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