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. 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. She was the first woman to serve on the board of Third National Bank and has served numerous local philanthropic causes locally and nationally. Save my name, email, and website in this browser for the next time I comment. This closer look reveals some things people already know: everyone is still rich. [1][2][4] With John Y. As a result, his earnings from the channels are difficult to forecast. Also instrumental in the formation of the new John Paul II Catholic High School in Hendersonville. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. Chairman of Ingram Industries, which includes Ingram Book, Ingram Barge, Ingram Marine and Ingram Insurance (Permanent General non-standard auto insurer). Now, his example will be integral to the vision of Belmont University moving forward. 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. KFC sold to Heublein for $285 million in 1971, netting Jack Massey roughly $100 million the same year he and Alyne Queener were married. All Rights Reserved. Well more than $100 million in real estate, and I dont owe anybody anything, he says. Snapchat's other co-founder, 25-year-old Bobby Murphy, had the same net worth as Spiegel. Friends say house is worth $15 million, including antique furnishings. 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. On board at Vanderbilt Medical Center and a newly named Fisk University trustee, Cal recently donated $5 million to Martin Methodist College. Contact | Privacy Statement | Terms & Conditions. He is 26 years old as of June 2022. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. 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. Mr. Massey stepped up to support Belmont at a critical juncture in the life of this institution more than five decades ago. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. Withdrew $140 million of capital from Shoneys in 1988, after building chain to more than 1,300 stores. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. 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. In 2020, Jack was estimated to have a net worth of $1,245,894. Retired this year after leading major restructuring effort through Medicare billing fraud investigation. Before Fame. Spearheaded the fundraising effortand primed the money pump with $20 million himselffor the new facility at Vanderbilt Childrens Hospital, which bears his name. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. 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. Search Celebrity 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. Stepped down from the board in 2000. Chief Executive of Dollar General since 77 and chairman since 89. A new glass-enclosed atrium will be added to the building, and more space will be available for faculty and students to work together. Forbes said there were 1,826 billionaires on its list this year, up from 1,645 in 2014. 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. At 62, has helped grow the Goodlettsville, Tenn.-based retail chain to more than 5,700 stores. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. 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. Says all his money tied up in Franklin Financial or real estate. Jack C. Massey Wiki & Bio Widow of serial entrepreneur Jack Massey, who died in 1989. The foundation does not have any program activities and made $1,509,033 in annual grants last year. 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. Company encompasses more than 1.5 million parking spots worldwide, making it the largest publicly traded owner-operator of parking lots in the world. He had topped the list in 2013. 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. 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. Through Inman & Richey Co., built and owns the Bank of America building in Maryland Farms valued at $3.9 million. However, his most important contribution to Nashville was probably his role in starting HCA. He was the first American businessman to take three different companies public. 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. 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. Massey Welsh was born on June 24, 1996, in Bishop Auckland, England. Since then has donated or pledged at least $160 million to nonprofits. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. 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. 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. He was the one who had the vision for this school, and I wanted to support what he was doing.. 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. His gifts have supported Belmonts undergraduate and graduate business programs and built the Massey Business Center and the Massey Performing Arts Center. Other tech billionaire newcomers were two co-founders of taxi-ordering app Uber and one of its executives. 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. "[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. Parking lot czar. Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). Thats whats going to happen in this building, and I think Jack would be so proud of that.. | 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. Stock recently traded at $22. 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. June 15, 2022. The past year wasnt an especially enriching one for the citys wealthy. 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. 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. 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. The donation which secures the naming rights to a to-be-constructed building designed to foster explorations of data . Massey, who died in 1990, is the only American to have taken three. Both of Frists brothers, U.S. Sen. Bill Frist and Robert Frist Sr., are physicians. Hospital Corporation of America co-founded in 1968 by Jack Massey, who two years later acquired control of Maryland Farm property and launched development of the office park. In second place is Mexican telecommunications mogul Carlos Slim Helu, with a net worth of $77.1 billion. Copyright 2020 - 2023 by FamedBorn.com. Added together, they were worth a combined $7.05 trillion, up from $6.4 trillion last year. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. . State-of-the-art collaboration workshops will provide spaces for students, faculty and staff to come together with the goal of using their business skills and expertise to solve complex problems. The structure, which will be located between the campus Baskin Center and Johnson Center on 15thAvenue, is estimated to be complete by fall 2023. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. Owns seven of nine buildings on the Franklin town square valued at $5.4 million. Still later, created Winners Corp. and partnered with Thomas Frist Sr. to develop what is now Loews Vanderbilt Plaza hotel. 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. Her modeling career was . 248 from 156 on the 2017 list with a net worth of $3.1 billion attributed by Forbes to new information released during . Advertisements. He retired briefly at the age of fifty-six but quickly returned to business and civic endeavors. 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. When was Jack Massey Welsh born? In Nashville, Cal and wife Margaret own several Brentwood properties worth about $9.8 million. 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. Forbes said Bill Gates remained the richest person in the world. 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. You have permission to edit this article. 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 . 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. 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. Owns a Falcon 20-F, 10-passenger jet. As of 2023, Jack Massey Welsh's net worth is $100,000 - $1M. Martins 9.2% stake could be worth $75 million to $95 million in an initial public offering, which is likely within the year. 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. 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. Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired Memphis beer distributor, not included. Their combined net worth is, according to Nashville Post estimates, $6.4 billion. House appraised at $6.8 million before construction was complete. 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. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. Jack Dempsey /AP Show More Show Less 5 of 33. . 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. 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. Since then has donated or pledged at least $160 million to. The donation will allow the school to upgrade classrooms, floors, office space and technology. 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. To be honest, it was a really hard way to walk. The world's youngest billionaire was 24-year-old Evan Spiegel, the CEO and co-founder of mobile messaging company Snapchat, with a net worth of $1.5 billion. Alyne Masseys finances managed by Frank Bumstead. Led the spinout of HealthTrust Inc. in 1987 and came back as chairman of the merged companies. Exercises sole or shared control over roughly 48.5 million shares, or 14.6%, of Dollar General stock valued at about $836 million. [1] He had a daughter, Barbara Massey Rogers and three grandchildren. Family & Early Life The USA is where Jack C Massey was born. 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). [1][2] He was the first American businessman to take three different companies public. Director of Weyerhauser and AmSouth, retiring from Baxter International board in May. All Rights Reserved. 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. Controls more than 40% of Central Parking shares, worth more than $350 million, including shares held in his childrens trust. His first wife, Elizabeth Polak Massey, died in 1968. Jack Massey Welsh has an estimated net worth of about $791.31 thousand. Owns the River Circle Farm in Williamson County, so named because the 300-plus-acre property wraps around the Harpeth River. Lucrative business dealings include the purchase of the Nashville Banner newspaper from Gannett Co. in 1979. Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. 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. Site preparation for the new Jack C. Massey Center facility begins this week with plans for a groundbreaking in early 2022. Jack Massey net worth is $12 Million Jack Massey Wiki: Salary, Married, Wedding, Spouse, Family Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). He and fellow YouTuber NoBoom used to co-own the server play.evopvp.net. 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 . Cal has sole ownership of about 5.9 million shares, while brother Steve owns 2.3 million shares. Two other just-completed condos valued at $6.5 million total. In 1982, Forbes estimated his net worth at $100 million. New facility will house Belmont Data Collaborative, Transformational Innovation Hub, Cone Center for Entrepreneurship and University Welcome Center. Has a son and two daughters: Christian Brownlee Currey, Stephanie Currey Ingram (married to Ingram heir John Ingram) and Frances Currey Briggs. He was originally known for his Minecraft-centric content. Massey, who died in 1990 after taking three companies to the New York Stock Exchange, is one of the schools top benefactors. Also an investor in upscale Naples, Fla., condominium development, where he bought a unit for $1 million in Montenero at Pelican Bay resort. Rounding out the top five was Larry Ellison, founder of technology company Oracle Corp., with $54.3 billion. Masseys achievements are especially notable when one considers that he was born in virtual poverty in rural Georgia. HCA is the biggest company in town and medical services is the biggest industry in town and these companies are all over this place. http://tennesseeencyclopedia.net/entries/jack-c-massey/. [7], Massey was a donor to Belmont University, where the Jack C. Massey Graduate School of Business was named in his honor. Jordan had a net worth of $1 billion, the magazine said. 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. His net worth rose to $79.2 billion in 2015 from $76 billion last year. Paid $2 million in 1993 for Belle Meade Boulevard home. Jack C. Massey, international businessman, was the first person to take three companies to the New York Stock Exchange. He was the instigator, she said. He uploaded his first video to his JackSucksAtLife channel, "Minecraft 1.5.1 - Jack's Farm Ep.1 Skinny Pete!," on April 4, 2013. In all, Massey took five different companies public during his business career, which included time spent as a partner in Massey Burch Investments. 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. You have permission to edit this article. [5] His funeral was held at the Immanuel Baptist Church in Belle Meade, and he was buried in the Mount Olivet Cemetery in Nashville. 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. Massey died in 1990 at his winter home in Palm Beach, Florida. [1][4] He founded Massey Surgical Supply in 1930. The following information is provided for citations. Come Away Plantation includes six lakes, farm equipment, automobiles, an 1860s plantation home, cottages, a tennis court, corporate retreat and conference areas. The process of selling the house appears to be very private, which is often the case with homes in that price range. Rendering courtesy of Belmont University. Patriarch of the Frist family. On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. Our College of Business bears his name because he represents an ideal role model for our students. 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. We are committed to: relevant, interactive and experiential academic programs. 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. Jack Massey Bio/Wiki, Net Worth, Married 2018. [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. 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. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. Daughter Trisha and husband Chuck Elcan are putting up part of the $40 million needed for planned Ensworth high school. 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. 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. 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. [1][2] He also supported Vanderbilt University and the Montgomery Bell Academy in Nashville. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the worlds 168th richest person. 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. Earned $1.6 million in salary and bonus from Dollar General in 2001. Owns personal plane. Developed Williamson County Shopping Center. My grandfather loved his family, community, city, nation and Belmont. 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 building has been named in . Chairman of the board of Vanderbilt University. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. 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. 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. Your email address will not be published. The 2002 Rich List focuses on the 10 wealthiest people in Middle Tennessee. Beth Poe, Barbara Massey Rogers daughter and Masseys granddaughter, spoke at the ceremony on behalf of her family. [1], Massey was an initial investor in the Corrections Corporation of America in the 1980s. All rights reserved. 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. YouTube content creator named Jack Massey Welsh who is best known for his JackSucksAtLife channel, where he has more than 2.5 million subscribers. Massey Bio/Wiki, net worth of about $ 791.31 thousand house Belmont data,! Have taken three, England British adult model who has a net worth, Married 2018 the vision Belmont... Jack Sucks at Life, where he has more than $ 350 million, including shares held his. Wasnt an especially enriching one for the Minecraft-centric channel Jack Sucks at Life, where he more! Of Third National Bank jack c massey net worth has served numerous local philanthropic causes locally and.. The past year wasnt an especially enriching one for the next time I comment donated or pledged at $... 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