Other tech billionaire newcomers were two co-founders of taxi-ordering app Uber and one of its executives. Structural Info Filmography Known for movies Runaway Jury 2003 as Henry Wood Solo Flight: The Genius of Charlie Christian 1992 as Himself Come Away Plantation includes six lakes, farm equipment, automobiles, an 1860s plantation home, cottages, a tennis court, corporate retreat and conference areas. Led the spinout of HealthTrust Inc. in 1987 and came back as chairman of the merged companies. Before Fame. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. 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. 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. And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. [6] The company became the nation's largest chain of for-profit hospitals and Massey left active management in 1978. 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.. Still later, created Winners Corp. and partnered with Thomas Frist Sr. to develop what is now Loews Vanderbilt Plaza hotel. 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. Thats whats going to happen in this building, and I think Jack would be so proud of that.. Patriarch of the Frist family. All rights reserved. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. The past year wasnt an especially enriching one for the citys wealthy. While relative fortunes may wax and wane, the core wealth formed by the estates, business empires and dynasties of those on this years list are likely to remain whole. 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. Site preparation for the new Jack C. Massey Center facility begins this week with plans for a groundbreaking in early 2022. 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. Jack Massey Welsh's age is 26. 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. DETAILS BELOW Jack Massey Welsh (born June 24, 1996) is famous for being youtuber. Sold it back to them in 1998, reportedly clearing $25 million. 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. 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. 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. Paid $2 million in 1993 for Belle Meade Boulevard home. Founder of Franklin Financial Corp. Controls more than 4.5 million shares of stock worth $111 million. All Rights Reserved. Belmont has laid this sure foundation. [1] He also had an adopted son Don who pre-deceased him. A trustee of Vanderbilt University and board member of the Urban Land Institute. 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. [7], Massey was a donor to Belmont University, where the Jack C. Massey Graduate School of Business was named in his honor. - Age. March 2, 2015 at 11:49 a.m. Along with wife Agneta, owns three other homes in Manhattan, Southhampton and the Wellington area of West Palm Beach. Earned $1.6 million in salary and bonus from Dollar General in 2001. Owns and leases most real estate Franklin National Bank utilizes. 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. My grandfather loved his family, community, city, nation and Belmont. 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. 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. Three co-founders of Airbnb, the vacation-home rental website, also made the list. The 2002 Rich List focuses on the 10 wealthiest people in Middle Tennessee. Daughter Trisha and husband Chuck Elcan are putting up part of the $40 million needed for planned Ensworth high school. When was Jack Massey Welsh born? Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. Spearheaded the fundraising effortand primed the money pump with $20 million himselffor the new facility at Vanderbilt Childrens Hospital, which bears his name. Rounding out the top five was Larry Ellison, founder of technology company Oracle Corp., with $54.3 billion. The school seeks to increase the number of business major undergraduates to 1,200. To be one of the richest people on Earth, he had to do all these things in his life. Jack Massey Welsh has an estimated net worth of about $791.31 thousand. The word of God states the importance of building a foundation on the Lord, with Jesus Christ as the chief cornerstone. He uploaded his first video to his JackSucksAtLife channel, "Minecraft 1.5.1 - Jack's Farm Ep.1 Skinny Pete!," on April 4, 2013. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. 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. Massey, who died in 1990 after taking three companies to the New York Stock Exchange, is one of the schools top benefactors. The building will be a part of the Massey legacy which our family will treasure for generations to come., Belmont President Dr. Greg Jones added, Belmonts late Chancellor Herbert C. Gabhart forged a friendship with Jack Massey 60 years ago that resulted in the Massey family becoming tremendous partners to Belmont, dramatically advancing the trajectory of this campus and influencing the lives of thousands of students. Most of the those on the list were men. Martins 9.2% stake could be worth $75 million to $95 million in an initial public offering, which is likely within the year. He had topped the list in 2013. Massey received many kudos during his life, and was in 1987 named a member of the Fortune magazine U. S. Business Hall of Fame. His net worth rose to $79.2 billion in 2015 from $76 billion last year. Controls more than 40% of Central Parking shares, worth more than $350 million, including shares held in his childrens trust. Forbes said there were 1,826 billionaires on its list this year, up from 1,645 in 2014. 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. Copyright 2023, Chattanooga Times Free Press, Inc. [1] He had a daughter, Barbara Massey Rogers and three grandchildren. Firm is located in a $12.3 million Franklin office campus in which McWhorter is a major investor. High level tennis player, serves as a trustee of the U.S. Equestrian Team when not watching over his investments or planning his next major charitable gift. Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). All Rights Reserved. That commitment includes helping build a nationally recognized business school, now known as the Jack C. Massey College of Business. The home sits on a nearly four-acre estate. 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. New facility will house Belmont Data Collaborative, Transformational Innovation Hub, Cone Center for Entrepreneurship and University Welcome Center. For more on Martha Ingram, see companion story, An Enrich List Charter Member.. Generally though, ferreting out the information to estimate a private citizens net worth isnt an easy task. She. 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. 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. 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. [1][4] He built the store into a pharmacy chain, selling it six years later. He is 26 years old as of June 2022. A native of Charleston, S.C., and graduate of Vassar, was married to the late Bronson Ingram. Jack Massey's granddaughter Beth Poe speaks during the Topping Out ceremony. Barbara Massey Rogers Acceptance Speech on . 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. As a result, his earnings from the channels are difficult to forecast. Funds from the Massey family also have endowed Belmonts Chair in Entrepreneurship and the Massey Center for Financial Information. Daughter Julie Stadler owns another $46 million of stock outside the trust. 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. 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. 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 2020 - 2023 by FamedBorn.com. 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. Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. The. Now people from all walks of life have started evaluating his merits. The donationwhich secures the naming rights to a to-be-constructed building designed to foster explorations of data, discovery and designcontinues a longstanding tradition of generous support of Belmont by the Massey family while honoring the legacy of one of the greatest entrepreneurs and businessmen in American history. In 2020, Jack was estimated to have a net worth of $1,245,894. Forbes said Bill Gates remained the richest person in the world. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. The latter two properties have a combined market value of $5 million. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. With wife Patricia, owns more than 60 acres and three homes in Belle Meade worth roughly $23 million. 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. Chief executive and owner of conglomerate The Danner Company, based on International Plaza near Nashville International Airport. [1][2] He also supported Vanderbilt University and the Montgomery Bell Academy in Nashville. 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. In 1982, Forbes estimated his net worth at $100 million. University Marketing and [email protected], 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. The first person in history to take three unrelated companies to the New York Stock Exchange, Massey's gifts helped Belmont establish its undergraduate and graduate business programs and built both the Massey Business . 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. [1][2] He was the first American businessman to take three different companies public. In fourth place was Amancio Ortega, the Spanish co-founder of clothing retail chain Zara, with a net worth of $64.5 billion. Owns personal plane. [1] Seven years later he sold the company to Heublein for $239 million. | 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. Same number of shares were valued at $1.1 billion in April 2001, before accounting irregularities forced company to restate earnings. Friends say house is worth $15 million, including antique furnishings. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. Massey, who died in 1990, is the only American to have taken three. . Forbes pegged his worth at roughly $1.5 billion. His gifts have supported Belmonts undergraduate and graduate business programs and built the Massey Business Center and the Massey Performing Arts Center. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont Universitys biggest benefactors. His concentration, dedication, and hard work have assisted him to get this position. You have permission to edit this article. Mr. Massey stepped up to support Belmont at a critical juncture in the life of this institution more than five decades ago. 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. He was originally known for his Minecraft-centric content. Peggy Hutton of Fridrich & Clark is handling the potential transaction. At the age of 56, becoming bored with retirement, he went on to secure a place in American business history by helping take three separate companies to the New York Stock Exchange. Jack C. Massey Jack Carroll Massey (June 15, 1904 - February 15, 1990) was an American venture capitalist and entrepreneur who owned Kentucky Fried Chicken, co-founded the Hospital Corporation of America, and owned one of the largest franchisees of Wendy's. [1] [2] He was the first American businessman to take three different companies public. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. 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. Chairman of venture capital firm Clayton Associates. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. Next is investor Warren Buffett, who moved up one slot this year with a net worth of $72.7 billion. A family partnership involving Cal paid more than $2.7 million in 98 to acquire an additional 210 acres in Williamson County. [3], Massey began his business career working as a delivery boy in his uncle's drugstore. The building has been named in . [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. The Massey. Advertisements. His most important involvement came in the late 1960s with the founding and development of HCA. 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. Brown Jr., Massey embarked on a rapid expansion program, growing the business to approximately 3,500 franchises and grossing $700 million in annual revenue. Widow of serial entrepreneur Jack Massey, who died in 1989. He and fellow YouTuber NoBoom used to co-own the server play.evopvp.net. Jack C. Massey, international businessman, was the first person to take three companies to the New York Stock Exchange. He currently resides in England, United Kingdom. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the worlds 168th richest person. [1][4] He founded Massey Surgical Supply in 1930. Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. 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. The structure, which will be located between the campus Baskin Center and Johnson Center on 15thAvenue, is estimated to be complete by fall 2023. [3] His alma mater, University of Florida, named the Jack C. Massey Professorship Fund for him. Jack C Massey overall profits are growing every day, and he is also becoming more popular. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. He is best known for being a YouTuber. His first wife, Elizabeth Polak Massey, died in 1968. In 1968, Massey challenged the community to build a business school at Belmont that served Nashville. Dean of Belmonts College of Business Dr. Sarah Gardial said the new building is the quintessential piece of his influence on Belmonts campus. "[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. To be honest, it was a really hard way to walk. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. Born June 24, 1996 ) is famous for being youtuber the top of the Brunswick Corporation for $ million! Working as a result, his earnings from the channels are difficult to forecast TriStar Health proposing East Nashville department! Serial entrepreneur Jack Massey Welsh & # x27 ; s age is years... 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