His concentration, dedication, and hard work have assisted him to get this position. Contact | Privacy Statement | Terms & Conditions. 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. 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 . Net worth well down from four years ago, when Central Parking stock was priced above $50. Same number of shares were valued at $1.1 billion in April 2001, before accounting irregularities forced company to restate earnings. And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. His most important involvement came in the late 1960s with the founding and development of HCA. [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. 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. Save my name, email, and website in this browser for the next time I comment. All rights reserved. Vanguards annual revenue run-rate now approaching $1 billion and operating cash flow nearing $100 million. 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. Forbes pegged his worth at roughly $1.5 billion. With wife Patricia, owns more than 60 acres and three homes in Belle Meade worth roughly $23 million. Generated wealth through large stake in Shoneys Inc., a business he entered in 1959 in Madison and expanded into Lees Famous Recipe Chicken, Mike Rose Foods, Captain Ds, Pargos and Shoneys Inns. Massey gifts also established the Doyle Rogers Distinguished Chair of Law. Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. 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. In second place is Mexican telecommunications mogul Carlos Slim Helu, with a net worth of $77.1 billion. She. The school seeks to increase the number of business major undergraduates to 1,200. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. 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. Chief Executive of Dollar General since 77 and chairman since 89. 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. Jack Massey Welsh has an estimated net worth of about $791.31 thousand. 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. Jack Dempsey /AP Show More Show Less 5 of 33. . 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. Your email address will not be published. Parking lot czar. Owns seven of nine buildings on the Franklin town square valued at $5.4 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. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. [1][2] He was the first American businessman to take three different companies public. Forbes said there were 1,826 billionaires on its list this year, up from 1,645 in 2014. 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. . | 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. 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 donationwhich secures the naming rights to a to-be-constructed building designed to foster explorations of data, discovery and designcontinues a longstanding tradition of generous support of Belmont by the Massey family while honoring the legacy of one of the greatest entrepreneurs and businessmen in American history. In 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 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. 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. Massey, who died in 1990, is the only American to have taken three. The structure, which will be located between the campus Baskin Center and Johnson Center on 15thAvenue, is estimated to be complete by fall 2023. 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. 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. 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. He was the instigator, she said. Oak Hill home worth roughly $2.3 million. Chairman and founder of assisted living center company LifeTrust America, which is funded through Clayton Associates. 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 . [1] He also had an adopted son Don who pre-deceased him. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. When was Jack Massey Welsh born? He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. Owns 8.33% stake in Renaissance Hotel and Towers in downtown Nashville. Jack Massey Welsh was born on the 24th of June, 1996. To be one of the richest people on Earth, he had to do all these things in his life. His business expanded into a multi-city wholesale surgical supply operation which he sold to the A.S. Aloe Division of the Brunswick Corporation in 1961. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. For the 2002 Rich List, the Post has focused in on Nashvilles 10 wealthiest residents. 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. Still controls 17.2 million shares, or 3.5%, of the companys stock worth roughly $865 million. 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. [1][2][4] With John Y. 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. Jack Massey Welsh's age is 26. 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. Cal has sole ownership of about 5.9 million shares, while brother Steve owns 2.3 million shares. Next is investor Warren Buffett, who moved up one slot this year with a net worth of $72.7 billion. The co-founder of Microsoft Corp. has topped the list for 16 of the last 21 years. He is 26 years old as of June 2022. Online Edition 2002 ~ 2021, The University of Tennessee Press, Knoxville, Tennessee. Now people from all walks of life have started evaluating his merits. Along with wife Agneta, owns three other homes in Manhattan, Southhampton and the Wellington area of West Palm Beach. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. Rendering courtesy of Belmont University. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. The donation will allow the school to upgrade classrooms, floors, office space and technology. 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. [8] He later married Alyne Queener. 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. "[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. Firm is located in a $12.3 million Franklin office campus in which McWhorter is a major investor. Beth Poe, Barbara Massey Rogers daughter and Masseys granddaughter, spoke at the ceremony on behalf of her family. The process of selling the house appears to be very private, which is often the case with homes in that price range. This closer look reveals some things people already know: everyone is still rich. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. - Age. Massey Welsh was born on June 24, 1996, in Bishop Auckland, England. Copyright 2023, Chattanooga Times Free Press, Inc. Restaurant Properties. Owns a Falcon 20-F, 10-passenger jet. Owns and leases most real estate Franklin National Bank utilizes. He was the first American businessman to take three different companies public. Advertisements. Chairman of Ingram Industries, which includes Ingram Book, Ingram Barge, Ingram Marine and Ingram Insurance (Permanent General non-standard auto insurer). Ingram Micro shares have risen slightly in price in the meantime. [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. Martins 9.2% stake could be worth $75 million to $95 million in an initial public offering, which is likely within the year. Alyne Masseys finances managed by Frank Bumstead. [1][2] He also supported Vanderbilt University and the Montgomery Bell Academy in Nashville. Its style and location make it indisputably one of the most desirable houses in all of Nashville. Daughter Trisha and husband Chuck Elcan are putting up part of the $40 million needed for planned Ensworth high school. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. 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. 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. Family & Early Life The USA is where Jack C Massey was born. Through Inman & Richey Co., built and owns the Bank of America building in Maryland Farms valued at $3.9 million. Earned $1.6 million in salary and bonus from Dollar General in 2001. For more on Martha Ingram, see companion story, An Enrich List Charter Member.. His first wife, Elizabeth Polak Massey, died in 1968. To be honest, it was a really hard way to walk. Spends much of her time on philanthropic pursuits, especially arts and education. Brown Jr., Massey embarked on a rapid expansion program, growing the business to approximately 3,500 franchises and grossing $700 million in annual revenue. The building has been named in . Company encompasses more than 1.5 million parking spots worldwide, making it the largest publicly traded owner-operator of parking lots in the world. Benefactor of the McWhorter School of Pharmacy at Samford University in Birmingham through a 1996 gift worth more than $10 million. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. 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