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. Well more than $100 million in real estate, and I dont owe anybody anything, he says. Massey died in 1990 at his winter home in Palm Beach, Florida. [1] Seven years later he sold the company to Heublein for $239 million. We are committed to: relevant, interactive and experiential academic programs. [6] The company became the nation's largest chain of for-profit hospitals and Massey left active management in 1978. Exercises sole or shared control over roughly 48.5 million shares, or 14.6%, of Dollar General stock valued at about $836 million. 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. He and fellow YouTuber NoBoom used to co-own the server play.evopvp.net. 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. Structural Info. Generally though, ferreting out the information to estimate a private citizens net worth isnt an easy task. For the 2002 Rich List, the Post has focused in on Nashvilles 10 wealthiest residents. Jack C Massey overall profits are growing every day, and he is also becoming more popular. 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. Jack Dempsey /AP Show More Show Less 5 of 33. . Gave $25 million for Frist Center for the Visual Arts and another $5 million to Nashville Zoo. 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. Our College of Business bears his name because he represents an ideal role model for our students. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. YouTube content creator named Jack Massey Welsh who is best known for his JackSucksAtLife channel, where he has more than 2.5 million subscribers. In all, Massey took five different companies public during his business career, which included time spent as a partner in Massey Burch Investments. [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. Jack has amassed a sizable fortune thanks to his numerous YouTube accounts and the thousands of people who follow each of them. In 1982, Forbes estimated his net worth at $100 million. Cal has sole ownership of about 5.9 million shares, while brother Steve owns 2.3 million shares. He had topped the list in 2013. House appraised at $6.8 million before construction was complete. The following information is provided for citations. Since then has donated or pledged at least $160 million to. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. He was the instigator, she said. Since then has donated or pledged at least $160 million to nonprofits. Along with wife Agneta, owns three other homes in Manhattan, Southhampton and the Wellington area of West Palm Beach. 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. In 2020, Jack was estimated to have a net worth of $1,245,894. 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. [3], Massey began his business career working as a delivery boy in his uncle's drugstore. Spearheaded the fundraising effortand primed the money pump with $20 million himselffor the new facility at Vanderbilt Childrens Hospital, which bears his name. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. 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. Withdrew $140 million of capital from Shoneys in 1988, after building chain to more than 1,300 stores. Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). The Center will also be home to a new Welcome Center for the University and house its Admissions Team, becoming the Universitys new front door. March 2, 2015 at 11:49 a.m. 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. [3], Massey died of pneumonia on February 15, 1990, at the Good Samaritan Medical Center in West Palm Beach, Florida, at age 85. 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. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont Universitys biggest benefactors. Shares in those companies worth $22 million. 248 from 156 on the 2017 list with a net worth of $3.1 billion attributed by Forbes to new information released during . 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. While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. But there were 197 women, up from 172 a year ago. Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. His net worth rose to $79.2 billion in 2015 from $76 billion last year. The process of selling the house appears to be very private, which is often the case with homes in that price range. In second place is Mexican telecommunications mogul Carlos Slim Helu, with a net worth of $77.1 billion. Jordan had a net worth of $1 billion, the magazine said. The Massey family prays that all who walk through this building continue to be living stones, pointing others to the grace of Jesus.. 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. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. In addition, Massey made substantial contributions to Montgomery Bell Academy, Vanderbilt University Law School, and Cheekwood. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont University's biggest benefactors. In fourth place was Amancio Ortega, the Spanish co-founder of clothing retail chain Zara, with a net worth of $64.5 billion. Added together, they were worth a combined $7.05 trillion, up from $6.4 trillion last year. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. Its style and location make it indisputably one of the most desirable houses in all of Nashville. 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. June 15, 2022. 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. He retired briefly at the age of fifty-six but quickly returned to business and civic endeavors. "[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. 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 . YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. Funds from the Massey family also have endowed Belmonts Chair in Entrepreneurship and the Massey Center for Financial Information. [1][2][4] With John Y. [1], Massey was an initial investor in the Corrections Corporation of America in the 1980s. 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] Additionally, he made contributions to the Nashville and Palm Beach chapters of Planned Parenthood.[3]. Her modeling career was . He does, however, have an estimated net worth of $900,000. This closer look reveals some things people already know: everyone is still rich. 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). Furthermore, Jack Massey Welsh stands tall with a height 5 Feet 7 Inches tall (1.70 m) and his body weight is 65 kg (143 Pounds). 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 six-story building will serve multiple functions with the first and second floors designed to welcome campus visitors, prospective students and families while also providing space for the Universitys Career & Professional Development team and GPS office. To be honest, it was a really hard way to walk. 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. To be one of the richest people on Earth, he had to do all these things in his life. . 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. Three co-founders of Airbnb, the vacation-home rental website, also made the list. Converted stock and option stake in company into more than $65 million on its sale to Tenet Healthcare. 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. Family & Early Life The USA is where Jack C Massey was born. [1] He also had an adopted son Don who pre-deceased him. Search Celebrity Belmont has laid this sure foundation. Come Away Plantation includes six lakes, farm equipment, automobiles, an 1860s plantation home, cottages, a tennis court, corporate retreat and conference areas. 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.). Purchased a Pelican Bay condo in Montenero for $1 million; now selling for $1.8 million. 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. Co-founded Hospital Corporation of America with his late father and Jack Massey, who earlier made a fortune with Kentucky Fried Chicken. His most important involvement came in the late 1960s with the founding and development of HCA. Contacted by NashvillePost.com, Hutton adamantly denied that the house had already been listed but said, Im having some very private conversations about it.. 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. Also a big Easter Seals supporter. 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. Jack Massey's Net Worth History: Net worth history details of Jack Massey are here. 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. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. Belmont University College of Business Administration, Your California Privacy Rights / Privacy Policy. In fact, determining an estimate for each individual is its own investigative reporting assignment. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Owns personal plane. 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. 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. Now, his example will be integral to the vision of Belmont University moving forward. Two other just-completed condos valued at $6.5 million total. Masseys achievements are especially notable when one considers that he was born in virtual poverty in rural Georgia. 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. He was the first American businessman to take three different companies public. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. The donation will allow the school to upgrade classrooms, floors, office space and technology. The. As of 2023, Jack Massey Welsh's net worth is $100,000 - $1M. He was originally known for his Minecraft-centric content. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. 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, along with his children, several downtown parcels of land on Second and Third avenues that he leases to Central Parking to operateat an annual rent of $350,000. 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. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. 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. Spends much of her time on philanthropic pursuits, especially arts and education. Massey, who died in 1990 after taking three companies to the New York Stock Exchange, is one of the schools top benefactors. The school seeks to increase the number of business major undergraduates to 1,200. Lucrative business dealings include the purchase of the Nashville Banner newspaper from Gannett Co. in 1979. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. Jack C. Massey began his entrepreneurial career as a retail druggist in 1930 after graduating with a degree in pharmacy from the University of Florida. Basketball legend Michael Jordan joined the list for the first time this year, thanks to his ownership in basketball team Charlotte Hornets and payouts form his Nike brand. Vanguards annual revenue run-rate now approaching $1 billion and operating cash flow nearing $100 million. 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. 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. 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. School officials expect construction to begin in May and conclude by fall 2016. He is 26 years old as of June 2022. She. 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). Ingram Micro shares have risen slightly in price in the meantime. On each of the channels, he has a varying number of followers. 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. Founder of Franklin Financial Corp. Controls more than 4.5 million shares of stock worth $111 million. 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 . On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. 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. And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. Through Inman & Richey Co., built and owns the Bank of America building in Maryland Farms valued at $3.9 million. Both of Frists brothers, U.S. Sen. Bill Frist and Robert Frist Sr., are physicians. [8] He later married Alyne Queener. All Rights Reserved. Jack C. Massey Wiki & Bio anthony apocalypse costume; mark dellagrotte record; shohreh aghdashloo ever after; wendy's employment verification; is it haram to wear shorts to sleep 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.. Benefactor of the McWhorter School of Pharmacy at Samford University in Birmingham through a 1996 gift worth more than $10 million. Parking lot czar. Snapchat's other co-founder, 25-year-old Bobby Murphy, had the same net worth as Spiegel. 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. Your email address will not be published. The past year wasnt an especially enriching one for the citys wealthy. 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. Forbes said Bill Gates remained the richest person in the world. 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. 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. Restaurant Properties. 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. 2023 www.tennessean.com. 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. Sold it back to them in 1998, reportedly clearing $25 million. It reveals some things people might not fully appreciate: Marthas money is Nashvilles culture. 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. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. Jack Massey Bio/Wiki, Net Worth, Married 2018. Jack Massey Welsh was born on the 24th of June, 1996. [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. His mother and father were not so much rich. With wife Patricia, owns more than 60 acres and three homes in Belle Meade worth roughly $23 million. Thats whats going to happen in this building, and I think Jack would be so proud of that.. The word of God states the importance of building a foundation on the Lord, with Jesus Christ as the chief cornerstone. Stepped down from the board in 2000. Rendering courtesy of Belmont University. His concentration, dedication, and hard work have assisted him to get this position. Owns and leases most real estate Franklin National Bank utilizes. The mission of the Jack C. Massey College of Business Administration is to be an innovative learning community that educates entrepreneurial, ethical and socially responsible future business leaders for the dynamic global economy. [9] His obituary in The Palm Beach Daily News called him "a legend in American business. 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. Still later, created Winners Corp. and partnered with Thomas Frist Sr. to develop what is now Loews Vanderbilt Plaza hotel. Friends say house is worth $15 million, including antique furnishings. Required fields are marked *. Current net worth is $1,572,900, while in 2021 Jack had a net worth of $1,399,881. Jack Massey Welsh's age is 26. 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. Developed Williamson County Shopping Center. Applied part of OrNda proceeds to launch Vanguard Health Systems in 1997 with backing from Morgan Stanley Capital Partners. [3] His alma mater, University of Florida, named the Jack C. Massey Professorship Fund for him. Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. Retired this year after leading major restructuring effort through Medicare billing fraud investigation. His gifts have supported Belmonts undergraduate and graduate business programs and built the Massey Business Center and the Massey Performing Arts Center. 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. KFC sold to Heublein for $285 million in 1971, netting Jack Massey roughly $100 million the same year he and Alyne Queener were married. Built modern behemoth, Central Parking Corp., through aggressive marketing and some strategic acquisitions. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. 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. 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. Widow of serial entrepreneur Jack Massey, who died in 1989. 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. The latter two properties have a combined market value of $5 million. Massey College of Business Dean Dr. Sarah Gardial said, The new Jack C. Massey Center will elevateand celebratethe tremendous influence of Jack Massey as a businessman and as a leader who thought outside the box, conducted himself with the highest character and achieved phenomenal success. Massey resided in Nashville[clarification needed]. Massey was born in 1904 in Tennille, Georgia. Also instrumental in the formation of the new John Paul II Catholic High School in Hendersonville. Massey received many kudos during his life, and was in 1987 named a member of the Fortune magazine U. S. Business Hall of Fame. 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. The Jack C Massey Foundation is a private foundation that is located in Brentwood, TN. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. 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. Copyright 2023, Chattanooga Times Free Press, Inc. The 2002 Rich List focuses on the 10 wealthiest people in Middle Tennessee. Martins 9.2% stake could be worth $75 million to $95 million in an initial public offering, which is likely within the year. 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