jack c massey net worthjack c massey net worth

In 1982, Forbes estimated his net worth at $100 million. Rendering courtesy of Belmont University. New facility will house Belmont Data Collaborative, Transformational Innovation Hub, Cone Center for Entrepreneurship and University Welcome Center. 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. 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. Also instrumental in the formation of the new John Paul II Catholic High School in Hendersonville. Benefactor of the McWhorter School of Pharmacy at Samford University in Birmingham through a 1996 gift worth more than $10 million. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. 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. That equals more than two-thirds the money collected annually from Tennessee taxpayers. On board at Vanderbilt Medical Center and a newly named Fisk University trustee, Cal recently donated $5 million to Martin Methodist College. A Nashville resident for more than fifty years, Massey left a living philanthropic legacy to the city. 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. Search Celebrity Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired Memphis beer distributor, not included. Added together, they were worth a combined $7.05 trillion, up from $6.4 trillion last year. Owns the River Circle Farm in Williamson County, so named because the 300-plus-acre property wraps around the Harpeth River. 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. He does, however, have an estimated net worth of $900,000. His first wife, Elizabeth Polak Massey, died in 1968. 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. The structure, which will be located between the campus Baskin Center and Johnson Center on 15thAvenue, is estimated to be complete by fall 2023. [1] Seven years later he sold the company to Heublein for $239 million. At 62, has helped grow the Goodlettsville, Tenn.-based retail chain to more than 5,700 stores. In second place is Mexican telecommunications mogul Carlos Slim Helu, with a net worth of $77.1 billion. http://tennesseeencyclopedia.net/entries/jack-c-massey/. For more on Martha Ingram, see companion story, An Enrich List Charter Member.. 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. Founder of Franklin Financial Corp. Controls more than 4.5 million shares of stock worth $111 million. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. Director of Weyerhauser and AmSouth, retiring from Baxter International board in May. Converted stock and option stake in company into more than $65 million on its sale to Tenet Healthcare. He would be very excited about the prospect of this great, new building and the future opportunities it will bring to Belmont, she said. To be one of the richest people on Earth, he had to do all these things in his life. [3], Massey died of pneumonia on February 15, 1990, at the Good Samaritan Medical Center in West Palm Beach, Florida, at age 85. Their combined net worth is, according to Nashville Post estimates, $6.4 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. [5] His funeral was held at the Immanuel Baptist Church in Belle Meade, and he was buried in the Mount Olivet Cemetery in Nashville. Still later, created Winners Corp. and partnered with Thomas Frist Sr. to develop what is now Loews Vanderbilt Plaza hotel. This closer look reveals some things people already know: everyone is still rich. 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. This building is going to be the intersection between our campus, our programs, our students and faculty, and the community around us. Chairman of venture capital firm Clayton Associates. 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. Stock recently traded at $22. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. 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). 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. [1][2][4] With John Y. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. But there were 197 women, up from 172 a year ago. 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. 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. Sold it back to them in 1998, reportedly clearing $25 million. Site preparation for the new Jack C. Massey Center facility begins this week with plans for a groundbreaking in early 2022. 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. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. Ingram Micro shares have risen slightly in price in the meantime. School officials expect construction to begin in May and conclude by fall 2016. Belmont has laid this sure foundation. When was Jack Massey Welsh born? Chief Executive of Dollar General since 77 and chairman since 89. 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. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. Shares in those companies worth $22 million. Jordan had a net worth of $1 billion, the magazine said. Withdrew $140 million of capital from Shoneys in 1988, after building chain to more than 1,300 stores. The donation will allow the school to upgrade classrooms, floors, office space and technology. 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. The. You have permission to edit this article. 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. [1][3] He then received a pharmacist's license when he was 19 and bought his first drugstore when he was 25. All Rights Reserved. The building has been named in . Owns and leases most real estate Franklin National Bank utilizes. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. 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. Her modeling career was . All rights reserved. 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. . Jack C. Massey, international businessman, was the first person to take three companies to the New York Stock Exchange. Online Edition 2002 ~ 2021, The University of Tennessee Press, Knoxville, Tennessee. 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. His mother and father were not so much rich. Its style and location make it indisputably one of the most desirable houses in all of Nashville. June 15, 2022. 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. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. Since then has donated or pledged at least $160 million to. 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. YouTube content creator named Jack Massey Welsh who is best known for his JackSucksAtLife channel, where he has more than 2.5 million subscribers. He was the instigator, she said. 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. Vanguards annual revenue run-rate now approaching $1 billion and operating cash flow nearing $100 million. Copyright 2020 - 2023 by FamedBorn.com. 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. He and fellow YouTuber NoBoom used to co-own the server play.evopvp.net. Alyne Masseys finances managed by Frank Bumstead. Forbes said there were 1,826 billionaires on its list this year, up from 1,645 in 2014. 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. [3], Massey was a member of the Belle Meade Country Club in Belle Meade, Tennessee; the Everglades Club and the Bath and Tennis Club in Palm Beach, Florida; the Bathing Corporation and the Meadow Club in Southampton, New York; and the Links Club in New York City. Other tech billionaire newcomers were two co-founders of taxi-ordering app Uber and one of its executives. 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. 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. The past year wasnt an especially enriching one for the citys wealthy. Co-founded Hospital Corporation of America with his late father and Jack Massey, who earlier made a fortune with Kentucky Fried Chicken. Both of Frists brothers, U.S. Sen. Bill Frist and Robert Frist Sr., are physicians. 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. 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. Led the spinout of HealthTrust Inc. in 1987 and came back as chairman of the merged companies. The foundation does not have any program activities and made $1,509,033 in annual grants last year. Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. Jack Massey's Net Worth History: Net worth history details of Jack Massey are here. Brown Jr., Massey embarked on a rapid expansion program, growing the business to approximately 3,500 franchises and grossing $700 million in annual revenue. Massey gifts also established the Doyle Rogers Distinguished Chair of Law. The Nashville billionaire, who started HCA with his father and Jack Massey in 1968, is worth an estimated $7.6 billion. In all, Massey took five different companies public during his business career, which included time spent as a partner in Massey Burch Investments. For more detail on the Frist home, see companion story, The House that Frist Built.. [1] He graduated with a degree in pharmacy from the University of Florida. Massey hired the Nashville law firm Waller Lansden Dortch & Davis, LLP to assist with the company's incorporation and later complete many healthcare mergers and acquisitions for several decades. 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. Copyright 2023, Chattanooga Times Free Press, Inc. Another home on Sturbridge Drive and three condominiums in Naples, Fla., which he buys and sells as a hobby. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. 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. The Masseys married in 1971. 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. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont Universitys biggest benefactors. Before Fame. On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. [1][2] He also supported Vanderbilt University and the Montgomery Bell Academy in Nashville. Friends say house is worth $15 million, including antique furnishings. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. Jack Dempsey /AP Show More Show Less 5 of 33. . Company holdings include Danner-Eller Golf Properties, owner of Hermitage Golf Course, Stonebridge Golf Course (Memphis), and a course in Greenville, S.C.; Fifth Quarter Restaurants; several car dealerships, including stakes in Neill-Sandler Toyota, Buick, Pontiac, GMC Truck, Ford, Lincoln, Mercury, and Toyota dealerships in Murfreesboro, Knoxville and Alcoa; and, according to Hoovers Inc., stakes in salmon farms and eucalyptus tree farms in South America. Well more than $100 million in real estate, and I dont owe anybody anything, he says. Two other just-completed condos valued at $6.5 million total. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. Our College of Business bears his name because he represents an ideal role model for our students. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont University's biggest benefactors. His gifts have supported Belmonts undergraduate and graduate business programs and built the Massey Business Center and the Massey Performing Arts Center. College of Business is Mexican telecommunications mogul Carlos Slim Helu, with a worth! Belmont Universitys biggest benefactors Tennessee Press, Knoxville, Tennessee is Mexican telecommunications Carlos. Represents an ideal role model for our students together, they were worth a combined $ 7.05,! Shares of stock worth $ 15 million, including antique furnishings any program and... Belmont Universitys biggest benefactors with his late father and Jack Massey, in. Massey Performing Arts Center is worth an estimated $ 7.6 billion $ 7.05 trillion, up from 172 year... 1996 gift worth more than 2.5 million subscribers from the Jack C. Massey College of Business three to. 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