The following information is provided for citations. Massey, who died in 1990, is the only American to have taken three. The word of God states the importance of building a foundation on the Lord, with Jesus Christ as the chief cornerstone. While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. 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. [3], Massey began his business career working as a delivery boy in his uncle's drugstore. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. . 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. He is best known for being a YouTuber. It reveals some things people might not fully appreciate: Marthas money is Nashvilles culture. A trustee of Vanderbilt University and board member of the Urban Land Institute. Purchased a Pelican Bay condo in Montenero for $1 million; now selling for $1.8 million. Required fields are marked *. [1] Seven years later he sold the company to Heublein for $239 million. This closer look reveals some things people already know: everyone is still rich. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. Forbes pegged his worth at roughly $1.5 billion. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. [1] He had a daughter, Barbara Massey Rogers and three grandchildren. 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 does, however, have an estimated net worth of $900,000. 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. Belmont University College of Business Administration, Your California Privacy Rights / Privacy Policy. 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. Widow of serial entrepreneur Jack Massey, who died in 1989. Most of the those on the list were men. 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. Says all his money tied up in Franklin Financial or real estate. Converted stock and option stake in company into more than $65 million on its sale to Tenet Healthcare. Jack C Massey overall profits are growing every day, and he is also becoming more popular. 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. Before becoming an adult star, Gemma Massey was a dental nurse. Snapchat's other co-founder, 25-year-old Bobby Murphy, had the same net worth as Spiegel. 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. Before Fame Earned $1.6 million in salary and bonus from Dollar General in 2001. 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. 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. The donation which secures the naming rights to a to-be-constructed building designed to foster explorations of data . Also an investor in upscale Naples, Fla., condominium development, where he bought a unit for $1 million in Montenero at Pelican Bay resort. 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. Controls more than 40% of Central Parking shares, worth more than $350 million, including shares held in his childrens trust. [1][4] He built the store into a pharmacy chain, selling it six years later. 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. 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. Massey resided in Nashville[clarification needed]. June 15, 2022. Patriarch of the Frist family. Massey gifts also established the Doyle Rogers Distinguished Chair of Law. Chairman of the board of Vanderbilt University. Co-founded Hospital Corporation of America with his late father and Jack Massey, who earlier made a fortune with Kentucky Fried Chicken. Our College of Business bears his name because he represents an ideal role model for our students. Hospital management entrepreneur whose biggest fortune so far stems from OrNda HealthCorp. Massey received many kudos during his life, and was in 1987 named a member of the Fortune magazine U. S. Business Hall of Fame. Jordan had a net worth of $1 billion, the magazine said. HCA is the biggest company in town and medical services is the biggest industry in town and these companies are all over this place. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. 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. This building is going to be the intersection between our campus, our programs, our students and faculty, and the community around us. [1][2] He was the first American businessman to take three different companies public. The school seeks to increase the number of business major undergraduates to 1,200. Director of Weyerhauser and AmSouth, retiring from Baxter International board in May. All Rights Reserved. The 2002 Rich List focuses on the 10 wealthiest people in Middle Tennessee. New facility will house Belmont Data Collaborative, Transformational Innovation Hub, Cone Center for Entrepreneurship and University Welcome Center. Additional properties include a $2.4 million home at Center Hill Lake and a 5,000-square-foot condo in Beaver Creek, Colo., valued at $2.9 million. The Masseys married in 1971. [1][2] He also supported Vanderbilt University and the Montgomery Bell Academy in Nashville. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. She was the first woman to serve on the board of Third National Bank and has served numerous local philanthropic causes locally and nationally. 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. 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. I am grateful to Barbara, the Massey Foundation and the entire family for their vision and generosity in bringing this new facility to life.. Jack Massey Welsh's age is 26. Advertisements. My grandfather loved his family, community, city, nation and Belmont. His net worth rose to $79.2 billion in 2015 from $76 billion last year. Owns and leases most real estate Franklin National Bank utilizes. Beth Poe, Barbara Massey Rogers daughter and Masseys granddaughter, spoke at the ceremony on behalf of her family. Massey, who died in 1990 after taking three companies to the New York Stock Exchange, is one of the schools top benefactors. 100th anniversary of the birth of Nashville's most accomplished entrepreneur, Jack C. Massey Graduate School of Business at Belmont University, Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. His most important involvement came in the late 1960s with the founding and development of HCA. Recently moved into new 22,609-square-foot home on 47.5 acres of Alvin Beamans former farm on Hidden River Lane in Franklin, next to Alan Jackson. The donation will allow the school to upgrade classrooms, floors, office space and technology. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. However, his most important contribution to Nashville was probably his role in starting HCA. On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. 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. Owns the River Circle Farm in Williamson County, so named because the 300-plus-acre property wraps around the Harpeth River. Stepped down from the board in 2000. 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: $1,144,219 . Net Worth 2019 The estimated net worth of youtuber is Jack Massey USD$ 50,000. Owns seven of nine buildings on the Franklin town square valued at $5.4 million. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. When was Jack Massey Welsh born? A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. 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. 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. All Rights Reserved. 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. Exercises sole or shared control over roughly 48.5 million shares, or 14.6%, of Dollar General stock valued at about $836 million. 2023 www.tennessean.com. 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. [5] His funeral was held at the Immanuel Baptist Church in Belle Meade, and he was buried in the Mount Olivet Cemetery in Nashville. 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. Chairman and founder of assisted living center company LifeTrust America, which is funded through Clayton Associates. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. She. For more on Martha Ingram, see companion story, An Enrich List Charter Member.. 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 second place is Mexican telecommunications mogul Carlos Slim Helu, with a net worth of $77.1 billion. 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 Massey Welsh has an estimated net worth of about $791.31 thousand. Vanguards annual revenue run-rate now approaching $1 billion and operating cash flow nearing $100 million. Another home on Sturbridge Drive and three condominiums in Naples, Fla., which he buys and sells as a hobby. For the 2002 Rich List, the Post has focused in on Nashvilles 10 wealthiest residents. 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. Reach Jamie McGee at 615-259-8071 and on Twitter @JamieMcGee_. Forbes said Bill Gates remained the richest person in the world. Forbes and business insiders have done a recent study and say that Jack C Massey net worth is more than a couple of million dollars. 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. 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. YouTube content creator named Jack Massey Welsh who is best known for his JackSucksAtLife channel, where he has more than 2.5 million subscribers. KFC sold to Heublein for $285 million in 1971, netting Jack Massey roughly $100 million the same year he and Alyne Queener were married. Your email address will not be published. Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired Memphis beer distributor, not included. Rendering courtesy of Belmont University. 248 from 156 on the 2017 list with a net worth of $3.1 billion attributed by Forbes to new information released during . And one member of the Top Ten, Gordon Inman, saw his net worth soar on the back of Franklin Financial Corp.s rocketing share price. Chief executive and owner of conglomerate The Danner Company, based on International Plaza near Nashville International Airport. You have permission to edit this article. In all, Massey took five different companies public during his business career, which included time spent as a partner in Massey Burch Investments. Chairman of venture capital firm Clayton Associates. 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. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. Jack has amassed a sizable fortune thanks to his numerous YouTube accounts and the thousands of people who follow each of them. Firm is located in a $12.3 million Franklin office campus in which McWhorter is a major investor. [6] The company became the nation's largest chain of for-profit hospitals and Massey left active management in 1978. He was the one who had the vision for this school, and I wanted to support what he was doing.. Generally though, ferreting out the information to estimate a private citizens net worth isnt an easy task. 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 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. 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. [1][2][4] With John Y. 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. Two other just-completed condos valued at $6.5 million total. Well more than $100 million in real estate, and I dont owe anybody anything, he says. [1][3] He then received a pharmacist's license when he was 19 and bought his first drugstore when he was 25. [1][4] He founded Massey Surgical Supply in 1930. [1] He graduated with a degree in pharmacy from the University of Florida. 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. [1] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. Paid $2 million in 1993 for Belle Meade Boulevard home. The late Jack C. Massey (1904-1990) and his family have collectively been among one of Belmonts biggest benefactors, supporting Belmonts efforts for decades and providing incredible examples for students across campus. Brown Jr., Massey embarked on a rapid expansion program, growing the business to approximately 3,500 franchises and grossing $700 million in annual revenue. Jack Dempsey /AP Show More Show Less 5 of 33. . Withdrew $140 million of capital from Shoneys in 1988, after building chain to more than 1,300 stores. Trump tumbled to No. Three co-founders of Airbnb, the vacation-home rental website, also made the list. He was also the principal who purchased Kentucky Fried Chicken Corporation from Colonel Sanders and directed its growth to one of the worlds largest commercial marketers of prepared foods before selling the company to Hueblein, Inc. Jack C. Massey was inducted into the Global Business Hall of Fame in 1987, and was a member of the inaugural class of the Tennessee Health Care Hall of Fame. Next is investor Warren Buffett, who moved up one slot this year with a net worth of $72.7 billion. Mr. Massey stepped up to support Belmont at a critical juncture in the life of this institution more than five decades ago. Jack Massey Bio/Wiki, Net Worth, Married 2018. Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. March 2, 2015 at 11:49 a.m. 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. 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. Same number of shares were valued at $1.1 billion in April 2001, before accounting irregularities forced company to restate earnings. 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. Owns personal plane. Structural Info. 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. 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. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. Founder of Franklin Financial Corp. Controls more than 4.5 million shares of stock worth $111 million. Barbara Massey Rogers Acceptance Speech on . 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. Led the spinout of HealthTrust Inc. in 1987 and came back as chairman of the merged companies. Save my name, email, and website in this browser for the next time I comment. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. In 1982, Forbes estimated his net worth at $100 million. He also did not get involved in any of the three companies he took to the Big Board until late in life; from 1930 until 1964 he was the owner of a drug store chain and surgical supply business in Nashville. 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. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the worlds 168th richest person. Stock recently traded at $22. 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. 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. Company encompasses more than 1.5 million parking spots worldwide, making it the largest publicly traded owner-operator of parking lots in the world. Owner-Operator of parking lots in the world 's billionaires for the 2002 Rich list focuses on list! 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