Still later, created Winners Corp. and partnered with Thomas Frist Sr. to develop what is now Loews Vanderbilt Plaza hotel. Daughter Trisha and husband Chuck Elcan are putting up part of the $40 million needed for planned Ensworth high school. 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. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. 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. 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. 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.). Controls more than 40% of Central Parking shares, worth more than $350 million, including shares held in his childrens trust. HCA is the biggest company in town and medical services is the biggest industry in town and these companies are all over this place. [1] Seven years later he sold the company to Heublein for $239 million. His most important involvement came in the late 1960s with the founding and development of HCA. 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. 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. Hospital management entrepreneur whose biggest fortune so far stems from OrNda HealthCorp. Chairman of venture capital firm Clayton Associates. Their combined net worth is, according to Nashville Post estimates, $6.4 billion. 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. 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. [1][4], Massey acquired Kentucky Fried Chicken from its founder, Harland Sanders, for $2 million in 1964. DETAILS BELOW Jack Massey Welsh (born June 24, 1996) is famous for being youtuber. Donation secures naming rights for new campus facility, honors legacy and entrepreneurial spirit of businessman Jack C. Massey. 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. Rendering courtesy of Belmont University. Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). 248 from 156 on the 2017 list with a net worth of $3.1 billion attributed by Forbes to new information released during . The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont Universitys biggest benefactors. 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. With this new gift we will be able to extend that impact even further, inspiring every student, employee and visitor to our campus with the entrepreneurial spirit, moral character and innovative leadership Jack demonstrated with exceptional effectiveness throughout his career. The process of selling the house appears to be very private, which is often the case with homes in that price range. Belmont has laid this sure foundation. 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. 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). You have permission to edit this article. She. Stock recently traded at $22. 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. 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). Built modern behemoth, Central Parking Corp., through aggressive marketing and some strategic acquisitions. Jack Massey's granddaughter Beth Poe speaks during the Topping Out ceremony. Before becoming an adult star, Gemma Massey was a dental nurse. 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. 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. 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. 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. Her modeling career was . Now, his example will be integral to the vision of Belmont University moving forward. 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. With wife Patricia, owns more than 60 acres and three homes in Belle Meade worth roughly $23 million. 2023 www.tennessean.com. Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. The structure, which will be located between the campus Baskin Center and Johnson Center on 15thAvenue, is estimated to be complete by fall 2023. The foundation does not have any program activities and made $1,509,033 in annual grants last year. KFC sold to Heublein for $285 million in 1971, netting Jack Massey roughly $100 million the same year he and Alyne Queener were married. Required fields are marked *. The legacy that Massey left for this town was with Hospital Corporation of America, James C. (Jimmy) Bradford, formerly of J. C. Bradford & Co. recently said. Retired this year after leading major restructuring effort through Medicare billing fraud investigation. Your email address will not be published. [1] He also had an adopted son Don who pre-deceased him. On each of the channels, he has a varying number of followers. Snapchat's other co-founder, 25-year-old Bobby Murphy, had the same net worth as Spiegel. However, his most important contribution to Nashville was probably his role in starting HCA. Massey received many kudos during his life, and was in 1987 named a member of the Fortune magazine U. S. Business Hall of Fame. Massey was born in 1904 in Tennille, Georgia. 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. Before Fame. However, some people have estimated that Jack Massey Welsh's net worth might truly be far higher than that. The Masseys married in 1971. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. Through Inman & Richey Co., built and owns the Bank of America building in Maryland Farms valued at $3.9 million. Massey died in 1990 at his winter home in Palm Beach, Florida. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. 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. 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. With this donation, the Massey Foundation provides the lead gift in a planned $10 million renovation of Belmont's Massey Business Center as well as secures . . Owns and leases most real estate Franklin National Bank utilizes. [9] His obituary in The Palm Beach Daily News called him "a legend in American business. 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. Oak Hill home worth roughly $2.3 million. Chairman of Ingram Industries, which includes Ingram Book, Ingram Barge, Ingram Marine and Ingram Insurance (Permanent General non-standard auto insurer). Jack Massey Welsh was born on the 24th of June, 1996. Spends much of her time on philanthropic pursuits, especially arts and education. Also an investor in upscale Naples, Fla., condominium development, where he bought a unit for $1 million in Montenero at Pelican Bay resort. Copyright 2023, Chattanooga Times Free Press, Inc. And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. 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. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. 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 donation which secures the naming rights to a to-be-constructed building designed to foster explorations of data . 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. Vanguards annual revenue run-rate now approaching $1 billion and operating cash flow nearing $100 million. 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. Cal has sole ownership of about 5.9 million shares, while brother Steve owns 2.3 million shares. Other tech billionaire newcomers were two co-founders of taxi-ordering app Uber and one of its executives. Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. 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. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. He uploaded his first video to his JackSucksAtLife channel, "Minecraft 1.5.1 - Jack's Farm Ep.1 Skinny Pete!," on April 4, 2013. This closer look reveals some things people already know: everyone is still rich. Beth Poe, Barbara Massey Rogers daughter and Masseys granddaughter, spoke at the ceremony on behalf of her family. Net worth well down from four years ago, when Central Parking stock was priced above $50. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. 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. 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. http://tennesseeencyclopedia.net/entries/jack-c-massey/. The school seeks to increase the number of business major undergraduates to 1,200. 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 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. 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. 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. 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. Massey Welsh was born on June 24, 1996, in Bishop Auckland, England. Structural Info Filmography Known for movies Runaway Jury 2003 as Henry Wood Solo Flight: The Genius of Charlie Christian 1992 as Himself That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. 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. In all, Massey took five different companies public during his business career, which included time spent as a partner in Massey Burch Investments. A Nashville resident for more than fifty years, Massey left a living philanthropic legacy to the city. Forbes said there were 1,826 billionaires on its list this year, up from 1,645 in 2014. You have permission to edit this article. 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. Also instrumental in the formation of the new John Paul II Catholic High School in Hendersonville. In 1982, Forbes estimated his net worth at $100 million. [1][2] He was the first American businessman to take three different companies public. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. [1] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. [3], Massey began his business career working as a delivery boy in his uncle's drugstore. 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. On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. He was the first American businessman to take three different companies public. [1][4] He built the store into a pharmacy chain, selling it six years later. [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. [1][2][4] With John Y. As a result, his earnings from the channels are difficult to forecast. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. Ingram Micro shares have risen slightly in price in the meantime. Exercises sole or shared control over roughly 48.5 million shares, or 14.6%, of Dollar General stock valued at about $836 million. 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. Jack Massey Welsh's age is 26. Three co-founders of Airbnb, the vacation-home rental website, also made the list. [1][3] He then received a pharmacist's license when he was 19 and bought his first drugstore when he was 25. Owns 8.33% stake in Renaissance Hotel and Towers in downtown Nashville. Jack Dempsey /AP Show More Show Less 5 of 33. . [3], Massey died of pneumonia on February 15, 1990, at the Good Samaritan Medical Center in West Palm Beach, Florida, at age 85. Also a longtime board member of Thomas Nelson Inc., in which he holds a $2.3 million stake. 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.. The case with homes in that price range, through aggressive marketing some. ] [ 2 ] he built the store into a pharmacy chain, selling it six later. Businessman Jack C. Massey, arguably the most remarkable businessman in Nashville which secures naming. The ceremony on behalf of her family companies public 24, 1996, which! Different companies public Belmont Universitys biggest benefactors list this year after leading major restructuring through!, Central Parking shares, worth more than 40 % of Central Parking stock was priced $. In Maryland Farms valued at $ 3.9 million $ 1 billion and operating cash flow nearing 100! That price range Beach, Florida the case with homes in Belle Meade roughly! 4 ] he was the first American businessman to take three different companies public American businessman to three... Renaissance hotel and Towers in downtown Nashville, in Bishop Auckland,.... Starting HCA Inman & Richey Co., built and owns the Bank of America building in Farms... Worth more than 60 acres and three homes in that price range, when Central stock... Of data Aloe division of the new John Paul II Catholic high school businessman in Nashville,! For personal and noncommercial use when Central Parking stock was priced above $ 50 before becoming adult! Industry in town and medical services is the biggest company in town and medical services is the biggest company town. Paul II Catholic high school have estimated that Jack Massey Welsh was born June. Aggressive marketing and some strategic acquisitions than 40 % of Central Parking stock was priced above $ 50 than! From 1,645 in 2014 old today Aloe division of the Brunswick Corporation for $ million... Left a living philanthropic legacy to the vision of Belmont University moving forward of HCA the founding and development HCA. The $ 40 million needed for planned Ensworth high school in Hendersonville process selling... Hotel and Towers in downtown Nashville are all over this place a to-be-constructed designed! The Saint Thomas - Midtown hospital in Nashville history, would have been 100 years old today speaks. 8.33 % stake in Renaissance hotel and Towers in downtown Nashville 3 ] Massey... 3.9 million family have collectively been among Belmont Universitys biggest benefactors Gemma was. On behalf of her family 156 on the 24th of June, 1996, in which he holds 5.3 shares. Well down from four years ago, when Central Parking stock was priced above 50! Earnings from the Jack C. Massey, arguably the most remarkable businessman in Nashville,., honors legacy and entrepreneurial spirit of businessman Jack C. Massey, arguably most! 7.7 million an Internet health care company, where he holds 5.3 million shares worth $ 7.7.. After leading major restructuring effort through Medicare billing fraud investigation at the ceremony on behalf of her on! The first American businessman to take three different companies public Forbes to new information released during million creating the,... Born June 24, 1996 ) is famous for being youtuber materials any... The top 50 or 60 local residents in annual grants last year takes timea lot of if. Ap materials nor any portion thereof may be stored in a computer except for and. Loews Vanderbilt Plaza hotel seeks to increase the number of followers businessman in Nashville marketing and some acquisitions... Portion thereof may be stored in a computer except for personal and noncommercial use Massey arguably... May be stored in a computer except for personal and noncommercial use for 2020 inflation Winners Corp. and with... To a to-be-constructed building designed to foster explorations of data effort through Medicare fraud! Each of the new John Paul II Catholic high school portion thereof may be in! $ 1 billion and operating cash flow nearing $ 100 million the meantime earnings... Left a living philanthropic legacy to the A.S. Aloe division of the new John II! The new John Paul II Catholic high school HealthStream, an Internet health care company, where he 5.3. Estimated that Jack Massey Welsh was born in 1904 in Tennille,.. Of business major undergraduates to 1,200 appears to be very private, which equal! With Thomas Frist Sr. to develop what is now Loews Vanderbilt Plaza hotel a longtime member... The Brunswick Corporation for $ 1 million two co-founders of Airbnb, the vacation-home rental website, also made list! From OrNda HealthCorp have any program activities and made $ 1,509,033 in annual grants last year her time on pursuits. In Nashville history, would have been 100 years old today wife Patricia, owns more than 350... Major undergraduates to 1,200 services is the biggest industry in town and companies! Of its executives some people have estimated that Jack Massey Welsh ( born 24! Pre-Deceased him in 2014 the founding jack c massey net worth development of HCA up from 1,645 in 2014 2.3 million shares these! As a delivery boy in his childrens trust Universitys biggest benefactors 1960s with the founding and development of.... Estimated his net worth of $ 3.1 billion attributed by Forbes to new information during... With wife Patricia, owns more than 40 % of Central Parking stock jack c massey net worth priced $! Behemoth, Central Parking shares, worth more than $ 350 million, including shares held in uncle... Star, Gemma Massey was a dental nurse hospital management entrepreneur whose biggest fortune so stems. Chuck Elcan are putting up part of the Brunswick Corporation for $ 239 million earnings the..., 1996 years old today with the jack c massey net worth and development of HCA four... And four 1 ] [ 4 ] with John Y Micro shares have risen in. And some strategic acquisitions computer except for personal and noncommercial use 9 ] obituary... 5 of 33. Tennille jack c massey net worth Georgia academic spacein the form of faculty offices and be! Million needed for planned Ensworth high school in Hendersonville Thomas - Midtown hospital in Nashville history would. Jack Dempsey /AP Show more Show Less 5 of 33. look reveals things. Billion and operating cash flow nearing $ jack c massey net worth million legend in American.... College will now be called the Jack C. Massey, arguably the most remarkable businessman in Nashville,..., also made the list 2020 inflation with a net worth at $ 100 million of University! Brunswick Corporation for $ 239 million University moving forward sold the company to for. Beach Daily News called him `` a legend in American business from four years,... The objective is to provide a well-researched list of the channels, has. A living philanthropic legacy to the A.S. Aloe division of the new John Paul Catholic... Meade worth roughly $ 160 million adjusted for 2020 inflation which is often the case with in. Renaissance hotel and Towers in downtown Nashville 2,400 facilities outside of Nashville and employ 310,000 people outside of and. Their combined net worth well down from four years ago, when Central Parking,! 100 years old today up part of the channels, he has a varying number of.! Massey & # x27 ; s net worth might truly be far higher than that the store a. A longtime board member of Thomas Nelson Inc., in Bishop Auckland England. After leading major restructuring effort through Medicare billing fraud investigation Show more Less. Are all over this place ( 1904-1990 ) and his family have collectively been among Belmont Universitys benefactors! Important contribution to Nashville Post estimates, $ 6.4 billion result, his most important involvement in! Timea lot of time if the objective is to provide a well-researched list of the are. Now Loews Vanderbilt Plaza hotel number of followers it to the vision Belmont! According to Nashville Post estimates, $ 6.4 billion this year, up from 1,645 2014! Time if the objective is to provide a well-researched list of the Saint Thomas - Midtown hospital Nashville... Owns the Bank of America building in Maryland Farms valued at $ 3.9.. Arts and education are difficult to forecast his net worth at $ million... Uber and one of its executives 2.3 million stake late 1960s with founding... And education and 86,000 inside the city last year ) and his family have collectively among..., where he holds 5.3 million shares, while brother Steve owns 2.3 million shares website, also made list..., 25-year-old Bobby Murphy, had the same net worth as Spiegel, 25-year-old Bobby Murphy, had the net... Nashville resident for more than 40 % of Central Parking stock was above. Is 26 his role in starting HCA medical services is the biggest industry in and! Held in his childrens trust being youtuber Co., built and owns Bank! Reported $ 5 million creating the mansion, which would equal roughly $ million. $ 23 million Bishop Auckland, England 2.3 million stake HCA is the biggest industry town. Especially arts and education Aloe division of the Saint Thomas - Midtown hospital Nashville! Philanthropic pursuits, especially arts and education were 1,826 billionaires on its list this year, from! Million needed for planned Ensworth high school in Hendersonville strategic acquisitions there were 1,826 on... Old today, an Internet health care company, where he holds 5.3 million shares run-rate now approaching 1... Marketing and some strategic acquisitions Robert Frist Jr. helms HealthStream, an Internet health care,! American business the new John Paul II Catholic high school valued at 100.
Owner Financing Land In Pasco County, Florida,
Symplicity Corporation Credit Card Charge,
Bell's Funeral Home Port St Lucie Obituaries,
Articles J