For more details, see companion story, Money in the Bank.. Our College of Business bears his name because he represents an ideal role model for our students. Jack C Massey overall profits are growing every day, and he is also becoming more popular. Before Fame | 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. 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. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey 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. Advertisements. Chairman of the board of Vanderbilt University. 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. 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). Most of the those on the list were men. Paid $2 million in 1993 for Belle Meade Boulevard home. [3] Additionally, he made contributions to the Nashville and Palm Beach chapters of Planned Parenthood.[3]. 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. Another home on Sturbridge Drive and three condominiums in Naples, Fla., which he buys and sells as a hobby. Same number of shares were valued at $1.1 billion in April 2001, before accounting irregularities forced company to restate earnings. Funds from the Massey family also have endowed Belmonts Chair in Entrepreneurship and the Massey Center for Financial Information. Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired Memphis beer distributor, not included. It reveals some things people might not fully appreciate: Marthas money is Nashvilles culture. [8] He later married Alyne Queener. Massey, who died in 1990 after taking three companies to the New York Stock Exchange, is one of the schools top benefactors. Belmont has laid this sure foundation. The school seeks to increase the number of business major undergraduates to 1,200. As of 2023, Jack Massey Welsh's net worth is $100,000 - $1M. He is best known for being a YouTuber. The 2002 Rich List focuses on the 10 wealthiest people in Middle Tennessee. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. Someone knowledgeable of the Belle Meade real estate market suggested to NashvillePost.com that an asking price of as much as $7.5 million would not be out of the question. 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. Im not sure there would be a Belmont without Jack Massey, Belmont University President Bob Fisher said Thursday at a reception honoring Massey and the most recent donation. http://tennesseeencyclopedia.net/entries/jack-c-massey/. Jack Massey Bio/Wiki, Net Worth, Married 2018. A new glass-enclosed atrium will be added to the building, and more space will be available for faculty and students to work together. Copyright 2023, Chattanooga Times Free Press, Inc. Both of Frists brothers, U.S. Sen. Bill Frist and Robert Frist Sr., are physicians. The structure, which will be located between the campus Baskin Center and Johnson Center on 15thAvenue, is estimated to be complete by fall 2023. 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. Their combined net worth is, according to Nashville Post estimates, $6.4 billion. 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. Developed and sold Brentwood Place Shopping Center, now valued at $24.6 million. - Age. Jack has amassed a sizable fortune thanks to his numerous YouTube accounts and the thousands of people who follow each of them. Cal has sole ownership of about 5.9 million shares, while brother Steve owns 2.3 million shares. The house originally featured 58 bedrooms, 33 bathrooms, 12 fireplaces, and three separate bomb shelters. 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 . Two other just-completed condos valued at $6.5 million total. Also instrumental in the formation of the new John Paul II Catholic High School in Hendersonville. You dont necessarily hear about them but theres a hell of a lot of them around here, and thats made all the difference in the world.. Built modern behemoth, Central Parking Corp., through aggressive marketing and some strategic acquisitions. And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. His concentration, dedication, and hard work have assisted him to get this position. Search Celebrity Oak Hill home worth roughly $2.3 million. Owns 8.33% stake in Renaissance Hotel and Towers in downtown Nashville. Masseys birthday is being recognized at the Jack C. Massey Graduate School of Business at Belmont University. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. 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. 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. When was Jack Massey Welsh born? 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. Masseys widow, Jack, was the first entrepreneur to take three companies public on the New York Stock Exchange (Kentucky Fried Chicken, HCA and Winners Corp.). Reach Jamie McGee at 615-259-8071 and on Twitter @JamieMcGee_. On board at Vanderbilt Medical Center and a newly named Fisk University trustee, Cal recently donated $5 million to Martin Methodist College. Retired this year after leading major restructuring effort through Medicare billing fraud investigation. Stepped down from the board in 2000. 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. He retired briefly at the age of fifty-six but quickly returned to business and civic endeavors. 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. Owns a Falcon 20-F, 10-passenger jet. Led the spinout of HealthTrust Inc. in 1987 and came back as chairman of the merged companies. Hospital management entrepreneur whose biggest fortune so far stems from OrNda HealthCorp. For the 2002 Rich List, the Post has focused in on Nashvilles 10 wealthiest residents. 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. [3] He was the owner of "403 feet of oceanfront property directly in front of Mar-a-Lago" in Palm Beach, Florida, which Donald Trump purchased for $2 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. In second place is Mexican telecommunications mogul Carlos Slim Helu, with a net worth of $77.1 billion. The. Three co-founders of Airbnb, the vacation-home rental website, also made the list. The building has been named in . Widow of serial entrepreneur Jack Massey, who died in 1989. [1], Massey was an initial investor in the Corrections Corporation of America in the 1980s. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. The co-founder of Microsoft Corp. has topped the list for 16 of the last 21 years. That equals more than two-thirds the money collected annually from Tennessee taxpayers. [9] His obituary in The Palm Beach Daily News called him "a legend in American business. 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). Massey Welsh was born on June 24, 1996, in Bishop Auckland, England. There is no question that HCA was and is Nashvilles most important health care company; dozens of other healthcare companies in Nashville were founded by people who had previously worked at HCA. All Rights Reserved. You have permission to edit this article. Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). [1][2] He also supported Vanderbilt University and the Montgomery Bell Academy in Nashville. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. However, some people have estimated that Jack Massey Welsh's net worth might truly be far higher than that. Masseys achievements are especially notable when one considers that he was born in virtual poverty in rural Georgia. [1][4], Massey acquired Kentucky Fried Chicken from its founder, Harland Sanders, for $2 million in 1964. But there were 197 women, up from 172 a year ago. You have permission to edit this article. For more on Martha Ingram, see companion story, An Enrich List Charter Member.. 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. [1], Massey transformed Winners Corporation, one of the largest franchisees of Wendy's hamburger outlets into a major fast-food franchise operation. New facility will house Belmont Data Collaborative, Transformational Innovation Hub, Cone Center for Entrepreneurship and University Welcome Center. Save my name, email, and website in this browser for the next time I comment. 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 began his business career working as a delivery boy in his uncle's drugstore. 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. 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. 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. 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. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. He does, however, have an estimated net worth of $900,000. 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. Withdrew $140 million of capital from Shoneys in 1988, after building chain to more than 1,300 stores. Before becoming an adult star, Gemma Massey was a dental nurse. To be one of the richest people on Earth, he had to do all these things in his life. Jack C. Massey Wiki & Bio Chief Executive of Dollar General since 77 and chairman since 89. . To be honest, it was a really hard way to walk. Also a big Easter Seals supporter. Come Away Plantation includes six lakes, farm equipment, automobiles, an 1860s plantation home, cottages, a tennis court, corporate retreat and conference areas. [1][2] He was the first American businessman to take three different companies public. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. Previously was president of HealthTrust, an executive vice president with Hospital Corporation of America and a director of General Care Corp. Copyright 2020 - 2023 by FamedBorn.com. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. She. 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. June 15, 2022. Before Fame. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. 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. 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. 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. You have permission to edit this article. Trump tumbled to No. Spearheaded the fundraising effortand primed the money pump with $20 million himselffor the new facility at Vanderbilt Childrens Hospital, which bears his name. He was the one who had the vision for this school, and I wanted to support what he was doing.. Donation secures naming rights for new campus facility, honors legacy and entrepreneurial spirit of businessman Jack C. Massey. Rendering courtesy of Belmont University. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. 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. House appraised at $6.8 million before construction was complete. Family & Early Life The USA is where Jack C Massey was born. KFC sold to Heublein for $285 million in 1971, netting Jack Massey roughly $100 million the same year he and Alyne Queener were married. The building will also incorporate technology to help share the Jack C. Massey story to inspire students, guests and future leaders across every potential field of study. 2023 www.tennessean.com. 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. Restaurant Properties. Thats whats going to happen in this building, and I think Jack would be so proud of that.. The process of selling the house appears to be very private, which is often the case with homes in that price range. In addition to housing offices for Belmonts entrepreneurship and social entrepreneurship programs, the new Jack C. Massey Center is also expected to include dedicated spaces for theKennedy Center for Business Ethics, theCenter for International Businessand theBeasley Institute for Free Enterprise. Massey stayed active in business and philanthropy until his death in 1990 donating a large sum of money in 1986 to found the Jack C. Massey School of Business at Belmont University, selling . School officials expect construction to begin in May and conclude by fall 2016. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. The Jack C Massey Foundation is a private foundation that is located in Brentwood, TN. Controls more than 40% of Central Parking shares, worth more than $350 million, including shares held in his childrens trust. Applied part of OrNda proceeds to launch Vanguard Health Systems in 1997 with backing from Morgan Stanley Capital Partners. Online Edition 2002 ~ 2021, The University of Tennessee Press, Knoxville, Tennessee. The writer of this article, Bill Carey, the author of Fortunes, Fiddles and Fried Chicken: A Nashville Business History, currently is working on a biography of Jack Massey that is being underwritten by Massey's daughter, Barbara Massey Rogers. 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. Added together, they were worth a combined $7.05 trillion, up from $6.4 trillion last year. Martins 9.2% stake could be worth $75 million to $95 million in an initial public offering, which is likely within the year. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. Also a longtime board member of Thomas Nelson Inc., in which he holds a $2.3 million stake. Lucrative business dealings include the purchase of the Nashville Banner newspaper from Gannett Co. in 1979. 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. 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. Developed Williamson County Shopping Center. The following information is provided for citations. Spends much of her time on philanthropic pursuits, especially arts and education. Jack Dempsey /AP Show More Show Less 5 of 33. . A native of Charleston, S.C., and graduate of Vassar, was married to the late Bronson Ingram. 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 . [5] His funeral was held at the Immanuel Baptist Church in Belle Meade, and he was buried in the Mount Olivet Cemetery in Nashville. The home sits on a nearly four-acre estate. She was the first woman to serve on the board of Third National Bank and has served numerous local philanthropic causes locally and nationally. Other tech billionaire newcomers were two co-founders of taxi-ordering app Uber and one of its executives. 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. In fourth place was Amancio Ortega, the Spanish co-founder of clothing retail chain Zara, with a net worth of $64.5 billion. Parking lot czar. 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