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. Since then has donated or pledged at least $160 million to nonprofits. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. 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. When was Jack Massey Welsh born? 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. Vanguards annual revenue run-rate now approaching $1 billion and operating cash flow nearing $100 million. He and fellow YouTuber NoBoom used to co-own the server play.evopvp.net. 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. Copyright 2023, Chattanooga Times Free Press, Inc. Structural Info Filmography Known for movies Runaway Jury 2003 as Henry Wood Solo Flight: The Genius of Charlie Christian 1992 as Himself Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. Massey, who died in 1990 after taking three companies to the New York Stock Exchange, is one of the schools top benefactors. Hospital management entrepreneur whose biggest fortune so far stems from OrNda HealthCorp. Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. 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. [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. His net worth rose to $79.2 billion in 2015 from $76 billion last year. That equals more than two-thirds the money collected annually from Tennessee taxpayers. Withdrew $140 million of capital from Shoneys in 1988, after building chain to more than 1,300 stores. 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. Owns the River Circle Farm in Williamson County, so named because the 300-plus-acre property wraps around the Harpeth River. Trump tumbled to No. Converted stock and option stake in company into more than $65 million on its sale to Tenet Healthcare. [1] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. Chairman of Ingram Industries, which includes Ingram Book, Ingram Barge, Ingram Marine and Ingram Insurance (Permanent General non-standard auto insurer). The Massey family prays that all who walk through this building continue to be living stones, pointing others to the grace of Jesus.. Same number of shares were valued at $1.1 billion in April 2001, before accounting irregularities forced company to restate earnings. Online Edition 2002 ~ 2021, The University of Tennessee Press, Knoxville, Tennessee. 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. Spearheaded the fundraising effortand primed the money pump with $20 million himselffor the new facility at Vanderbilt Childrens Hospital, which bears his name. 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 . Has a son and two daughters: Christian Brownlee Currey, Stephanie Currey Ingram (married to Ingram heir John Ingram) and Frances Currey Briggs. 248 from 156 on the 2017 list with a net worth of $3.1 billion attributed by Forbes to new information released during . 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. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. [1][4] He founded Massey Surgical Supply in 1930. He is 26 years old as of June 2022. Next is investor Warren Buffett, who moved up one slot this year with a net worth of $72.7 billion. 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. 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. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. His first wife, Elizabeth Polak Massey, died in 1968. He was the first American businessman to take three different companies public. Stepped down from the board in 2000. New facility will house Belmont Data Collaborative, Transformational Innovation Hub, Cone Center for Entrepreneurship and University Welcome Center. Forbes pegged his worth at roughly $1.5 billion. 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. 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. 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. 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 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. Jack C. Massey, international businessman, was the first person to take three companies to the New York Stock Exchange. 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. 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. Oak Hill home worth roughly $2.3 million. Site preparation for the new Jack C. Massey Center facility begins this week with plans for a groundbreaking in early 2022. 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. To be honest, it was a really hard way to walk. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. 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. 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. 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. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont University's biggest benefactors. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. March 2, 2015 at 11:49 a.m. Since then has donated or pledged at least $160 million to. 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. Began as a pharmacist in 1955, but accumulated his wealth at HCA, where he started out as a hospital administrator and eventually was named CEO in 1985. The past year wasnt an especially enriching one for the citys wealthy. Developed and sold Brentwood Place Shopping Center, now valued at $24.6 million. [9] His obituary in The Palm Beach Daily News called him "a legend in American business. 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. You have permission to edit this article. [1][4], Massey acquired Kentucky Fried Chicken from its founder, Harland Sanders, for $2 million in 1964. 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. For more details, see companion story, Money in the Bank.. [3] His alma mater, University of Florida, named the Jack C. Massey Professorship Fund for him. For the 2002 Rich List, the Post has focused in on Nashvilles 10 wealthiest residents. 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). Generally though, ferreting out the information to estimate a private citizens net worth isnt an easy task. 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. In addition, Massey gifts have endowed Belmonts Chair in Entrepreneurship, leading that program to beamong the best in the nation, as well as the Massey Center for Financial Information, the first financial training lab in Tennessee when it opened in 2005. 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. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. 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. Martins 9.2% stake could be worth $75 million to $95 million in an initial public offering, which is likely within the year. 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. Added together, they were worth a combined $7.05 trillion, up from $6.4 trillion last year. 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. [1][4] Finally, he listed Volunteer Capital Corporation (a holding company of Wendy's Restaurant fast food franchises) on the New York Stock Exchange. 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 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. In second place is Mexican telecommunications mogul Carlos Slim Helu, with a net worth of $77.1 billion. 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.). He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. 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. The school seeks to increase the number of business major undergraduates to 1,200. Also instrumental in the formation of the new John Paul II Catholic High School in Hendersonville. Peggy Hutton of Fridrich & Clark is handling the potential transaction. 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. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. Before Fame. Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. Through Inman & Richey Co., built and owns the Bank of America building in Maryland Farms valued at $3.9 million. Company encompasses more than 1.5 million parking spots worldwide, making it the largest publicly traded owner-operator of parking lots in the world. Earned $1.6 million in salary and bonus from Dollar General in 2001. 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. 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 . 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.. Search Celebrity Parking lot czar. 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. 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. He was originally known for his Minecraft-centric content. Jack Massey Welsh was born on the 24th of June, 1996. Jack C Massey overall profits are growing every day, and he is also becoming more popular. Our College of Business bears his name because he represents an ideal role model for our students. In fourth place was Amancio Ortega, the Spanish co-founder of clothing retail chain Zara, with a net worth of $64.5 billion. Reach Jamie McGee at 615-259-8071 and on Twitter @JamieMcGee_. Also a longtime board member of Thomas Nelson Inc., in which he holds a $2.3 million stake. Ingram Micro shares have risen slightly in price in the meantime. Spends much of her time on philanthropic pursuits, especially arts and education. 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. In addition, Massey made substantial contributions to Montgomery Bell Academy, Vanderbilt University Law School, and Cheekwood. A native of Charleston, S.C., and graduate of Vassar, was married to the late Bronson Ingram. Rendering courtesy of Belmont University. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont Universitys biggest benefactors. 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. Forbes said there were 1,826 billionaires on its list this year, up from 1,645 in 2014. Current net worth is $1,572,900, while in 2021 Jack had a net worth of $1,399,881. | 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. 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. Applied part of OrNda proceeds to launch Vanguard Health Systems in 1997 with backing from Morgan Stanley Capital Partners. His gifts have supported Belmonts undergraduate and graduate business programs and built the Massey Business Center and the Massey Performing Arts Center. 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. Barbara Massey Rogers Acceptance Speech on . 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 . [3] Additionally, he made contributions to the Nashville and Palm Beach chapters of Planned Parenthood.[3]. Save my name, email, and website in this browser for the next time I comment. To be one of the richest people on Earth, he had to do all these things in his life. 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. Net worth well down from four years ago, when Central Parking stock was priced above $50. [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 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. In fact, determining an estimate for each individual is its own investigative reporting assignment. . 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. 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. 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. 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. However, some people have estimated that Jack Massey Welsh's net worth might truly be far higher than that. Mr. Massey stepped up to support Belmont at a critical juncture in the life of this institution more than five decades ago. 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. [1], Massey was an initial investor in the Corrections Corporation of America in the 1980s. Their combined net worth is, according to Nashville Post estimates, $6.4 billion. Masseys achievements are especially notable when one considers that he was born in virtual poverty in rural Georgia. [1][2][4] With John Y. 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. Owns a Falcon 20-F, 10-passenger jet. He would be very excited about the prospect of this great, new building and the future opportunities it will bring to Belmont, she said. However, his most important contribution to Nashville was probably his role in starting HCA. [1][2] He was the first American businessman to take three different companies public. Paid $2 million in 1993 for Belle Meade Boulevard home. Firm is located in a $12.3 million Franklin office campus in which McWhorter is a major investor. YouTube content creator named Jack Massey Welsh who is best known for his JackSucksAtLife channel, where he has more than 2.5 million subscribers. 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. In Nashville, Cal and wife Margaret own several Brentwood properties worth about $9.8 million. Two other just-completed condos valued at $6.5 million total. Family & Early Life The USA is where Jack C Massey was born. DETAILS BELOW Jack Massey Welsh (born June 24, 1996) is famous for being youtuber. 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. My grandfather loved his family, community, city, nation and Belmont. 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. All rights reserved. On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. That commitment includes helping build a nationally recognized business school, now known as the Jack C. Massey College of Business. You have permission to edit this article. Well more than $100 million in real estate, and I dont owe anybody anything, he says. The co-founder of Microsoft Corp. has topped the list for 16 of the last 21 years. 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. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. 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. 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. Its style and location make it indisputably one of the most desirable houses in all of Nashville. Also a big Easter Seals supporter. She was the first woman to serve on the board of Third National Bank and has served numerous local philanthropic causes locally and nationally. 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. Massey died in 1990 at his winter home in Palm Beach, Florida. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. Your email address will not be published. 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. 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. Restaurant Properties. Lucrative business dealings include the purchase of the Nashville Banner newspaper from Gannett Co. in 1979. 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Founded Massey Surgical Supply operation which he sold it to a division of the Brunswick Corporation new campus,! The grace of Jesus an Internet Health jack c massey net worth company, where he more!
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