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. Net Worth 2019 The estimated net worth of youtuber is Jack Massey USD$ 50,000. Jack Massey Welsh has an estimated net worth of about $791.31 thousand. She. He was the first American businessman to take three different companies public. However, some people have estimated that Jack Massey Welsh's net worth might truly be far higher than that. House appraised at $6.8 million before construction was complete. Jack C Massey overall profits are growing every day, and he is also becoming more popular. His concentration, dedication, and hard work have assisted him to get this position. [1] He graduated with a degree in pharmacy from the University of Florida. [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. Reach Jamie McGee at 615-259-8071 and on Twitter @JamieMcGee_. Jack Massey net worth is $12 Million Jack Massey Wiki: Salary, Married, Wedding, Spouse, Family Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). 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. We are committed to: relevant, interactive and experiential academic programs. Forbes pegged his worth at roughly $1.5 billion. 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. Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. 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. Copyright 2020 - 2023 by FamedBorn.com. 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. 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. 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. Also a longtime board member of Thomas Nelson Inc., in which he holds a $2.3 million stake. The donation which secures the naming rights to a to-be-constructed building designed to foster explorations of data . In 1982, Forbes estimated his net worth at $100 million. 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. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. Also instrumental in the formation of the new John Paul II Catholic High School in Hendersonville. With wife Patricia, owns more than 60 acres and three homes in Belle Meade worth roughly $23 million. You have permission to edit this article. 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. 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. While performing as Actor, Jack Massey had a net worth of $1,059,010 in 2019 and $900,158 in 2018. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. The process of selling the house appears to be very private, which is often the case with homes in that price range. 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. When I look at the building, I see not only the front door to the campus for our students and parents, but for the community to come in and partner with the Belmont community at the business school, and more broadly, to make this a more flourishing community. 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.. 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. Converted stock and option stake in company into more than $65 million on its sale to Tenet Healthcare. Most of the those on the list were men. Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. Same number of shares were valued at $1.1 billion in April 2001, before accounting irregularities forced company to restate earnings. Exercises sole or shared control over roughly 48.5 million shares, or 14.6%, of Dollar General stock valued at about $836 million. Two other just-completed condos valued at $6.5 million total. Massey, who died in 1990, is the only American to have taken three. He retired briefly at the age of fifty-six but quickly returned to business and civic endeavors. On each of the channels, he has a varying number of followers. Massey died in 1990 at his winter home in Palm Beach, Florida. [3], Massey began his business career working as a delivery boy in his uncle's drugstore. She was the first woman to serve on the board of Third National Bank and has served numerous local philanthropic causes locally and nationally. 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. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. 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. 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. And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. For the 2002 Rich List, the Post has focused in on Nashvilles 10 wealthiest residents. In all, Massey took five different companies public during his business career, which included time spent as a partner in Massey Burch Investments. 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, 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. HCA is the biggest company in town and medical services is the biggest industry in town and these companies are all over this place. All Rights Reserved. Functionality and information are in compliance with guidelines established by the American Association for State and Local History for online state and regional encyclopedias. In 1968, Massey challenged the community to build a business school at Belmont that served Nashville. Dean of Belmonts College of Business Dr. Sarah Gardial said the new building is the quintessential piece of his influence on Belmonts campus. The donation will allow the school to upgrade classrooms, floors, office space and technology. In 2020, Jack was estimated to have a net worth of $1,245,894. Massey, who died in 1990 after taking three companies to the New York Stock Exchange, is one of the schools top benefactors. Her modeling career was . [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. Husband made first money with Massey Surgical Supply and drugstores, using $2 million of proceeds from those businesses to acquire a 60% stake in Kentucky Fried Chicken in early 1960s. Barbara Massey Rogers Acceptance Speech on . Jack Massey's granddaughter Beth Poe speaks during the Topping Out ceremony. 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. A lifelong entrepreneur and businessman, savvy investor and devoted philanthropist, Jack C. Massey is an inaugural inductee of the Tennessee Health Care Hall of Fame. His mother and father were not so much rich. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. [1][2] He also supported Vanderbilt University and the Montgomery Bell Academy in Nashville. A foundation honoring HCA Holdings Inc. founder Jack C. Massey donated $6.75 million to Belmont University College of Business Administration to help renovate its building. He was the one who had the vision for this school, and I wanted to support what he was doing.. 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. Now, his example will be integral to the vision of Belmont University moving forward. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. Applied part of OrNda proceeds to launch Vanguard Health Systems in 1997 with backing from Morgan Stanley Capital Partners. The past year wasnt an especially enriching one for the citys wealthy. Jack Massey's Net Worth History: Net worth history details of Jack Massey are here. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont University's biggest benefactors. Family & Early Life The USA is where Jack C Massey was born. Copyright 2023, Chattanooga Times Free Press, Inc. [3], Massey died of pneumonia on February 15, 1990, at the Good Samaritan Medical Center in West Palm Beach, Florida, at age 85. Massey Welsh was born on June 24, 1996, in Bishop Auckland, England. Hospital management entrepreneur whose biggest fortune so far stems from OrNda HealthCorp. Forbes said Bill Gates remained the richest person in the world. Owns and leases most real estate Franklin National Bank utilizes. Oak Hill home worth roughly $2.3 million. 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. Director of Weyerhauser and AmSouth, retiring from Baxter International board in May. 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). 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. 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. A native of Charleston, S.C., and graduate of Vassar, was married to the late Bronson Ingram. [1], Massey was an initial investor in the Corrections Corporation of America in the 1980s. Vanguards annual revenue run-rate now approaching $1 billion and operating cash flow nearing $100 million. Before Fame Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). Your email address will not be published. Jack C. Massey Wiki & Bio Owns the River Circle Farm in Williamson County, so named because the 300-plus-acre property wraps around the Harpeth River. Stock recently traded at $22. Friends say house is worth $15 million, including antique furnishings. Jordan had a net worth of $1 billion, the magazine said. The home sits on a nearly four-acre estate. 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. He was originally known for his Minecraft-centric content. Spearheaded the fundraising effortand primed the money pump with $20 million himselffor the new facility at Vanderbilt Childrens Hospital, which bears his name. 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. Another home on Sturbridge Drive and three condominiums in Naples, Fla., which he buys and sells as a hobby. And one member of the Top Ten, Gordon Inman, saw his net worth soar on the back of Franklin Financial Corp.s rocketing share price. The foundation does not have any program activities and made $1,509,033 in annual grants last year. [1][3] He then received a pharmacist's license when he was 19 and bought his first drugstore when he was 25. Developed and sold Brentwood Place Shopping Center, now valued at $24.6 million. 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. 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. Chairman of venture capital firm Clayton Associates. 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 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 . [9] His obituary in The Palm Beach Daily News called him "a legend in American business. Firm is located in a $12.3 million Franklin office campus in which McWhorter is a major investor. 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. Forbes said there were 1,826 billionaires on its list this year, up from 1,645 in 2014. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. The Masseys married in 1971. In fact, determining an estimate for each individual is its own investigative reporting assignment. 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. 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. It reveals some things people might not fully appreciate: Marthas money is Nashvilles culture. A new glass-enclosed atrium will be added to the building, and more space will be available for faculty and students to work together. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. 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. 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. Current net worth is $1,572,900, while in 2021 Jack had a net worth of $1,399,881. Jack has amassed a sizable fortune thanks to his numerous YouTube accounts and the thousands of people who follow each of them. In addition, Massey made substantial contributions to Montgomery Bell Academy, Vanderbilt University Law School, and Cheekwood. The building has been named in . All rights reserved. For more on Martha Ingram, see companion story, An Enrich List Charter Member.. Through Inman & Richey Co., built and owns the Bank of America building in Maryland Farms valued at $3.9 million. Daughter Julie Stadler owns another $46 million of stock outside the trust. Next is investor Warren Buffett, who moved up one slot this year with a net worth of $72.7 billion. The Nashville billionaire, who started HCA with his father and Jack Massey in 1968, is worth an estimated $7.6 billion. [1], Massey transformed Winners Corporation, one of the largest franchisees of Wendy's hamburger outlets into a major fast-food franchise operation. 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. Chairman of Ingram Industries, which includes Ingram Book, Ingram Barge, Ingram Marine and Ingram Insurance (Permanent General non-standard auto insurer). Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. 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. In 1982, Forbes estimated his net worth at $100 million. This building is going to be the intersection between our campus, our programs, our students and faculty, and the community around us. His first wife, Elizabeth Polak Massey, died in 1968. 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. Company encompasses more than 1.5 million parking spots worldwide, making it the largest publicly traded owner-operator of parking lots in the world. He is best known for being a YouTuber. DETAILS BELOW Jack Massey Welsh (born June 24, 1996) is famous for being youtuber. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. 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. 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. Paid $2 million in 1993 for Belle Meade Boulevard home. He currently resides in England, United Kingdom. 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. He was the instigator, she said. 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. Purchased a Pelican Bay condo in Montenero for $1 million; now selling for $1.8 million. 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. For more detail on the Frist home, see companion story, The House that Frist Built.. You have permission to edit this article. Donation secures naming rights for new campus facility, honors legacy and entrepreneurial spirit of businessman Jack C. Massey. Belmont has laid this sure foundation. 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. 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. That commitment includes helping build a nationally recognized business school, now known as the Jack C. Massey College of Business. Founder of Franklin Financial Corp. Controls more than 4.5 million shares of stock worth $111 million. Rounding out the top five was Larry Ellison, founder of technology company Oracle Corp., with $54.3 billion. Built modern behemoth, Central Parking Corp., through aggressive marketing and some strategic acquisitions. He uploaded his first video to his JackSucksAtLife channel, "Minecraft 1.5.1 - Jack's Farm Ep.1 Skinny Pete!," on April 4, 2013. 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. [1][4], Massey acquired Kentucky Fried Chicken from its founder, Harland Sanders, for $2 million in 1964. My grandfather loved his family, community, city, nation and Belmont. Benefactor of the McWhorter School of Pharmacy at Samford University in Birmingham through a 1996 gift worth more than $10 million. Beth Poe, Barbara Massey Rogers daughter and Masseys granddaughter, spoke at the ceremony on behalf of her family. Daughter Trisha and husband Chuck Elcan are putting up part of the $40 million needed for planned Ensworth high school. Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired Memphis beer distributor, not included. [7], Massey was a donor to Belmont University, where the Jack C. Massey Graduate School of Business was named in his honor. At 62, has helped grow the Goodlettsville, Tenn.-based retail chain to more than 5,700 stores. Spends much of her time on philanthropic pursuits, especially arts and education. 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. KFC sold to Heublein for $285 million in 1971, netting Jack Massey roughly $100 million the same year he and Alyne Queener were married. 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. 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. Owns 8.33% stake in Renaissance Hotel and Towers in downtown Nashville. Lucrative business dealings include the purchase of the Nashville Banner newspaper from Gannett Co. in 1979. Belmont University College of Business Administration, Your California Privacy Rights / Privacy Policy. [3] His alma mater, University of Florida, named the Jack C. Massey Professorship Fund for him. - Age. Since then has donated or pledged at least $160 million to. 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. [1] He also had an adopted son Don who pre-deceased him. Online Edition 2002 ~ 2021, The University of Tennessee Press, Knoxville, Tennessee. Other tech billionaire newcomers were two co-founders of taxi-ordering app Uber and one of its executives. Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. However, his most important contribution to Nashville was probably his role in starting HCA. 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. var _Hasync=_Hasync||[];_Hasync.push(['Histats.start','1,4553220,4,511,95,18,00000000']);_Hasync.push(['Histats.fasi','1']);_Hasync.push(['Histats.track_hits','']);(function(){var hs=document.createElement('script');hs.type='text/javascript';hs.async=true;hs.src=('//s10.histats.com/js15_as.js');(document.getElementsByTagName('head')[0]||document.getElementsByTagName('body')[0]).appendChild(hs);})(); Jack C Massey is a famous person who is known worldwide for his work. [1] He had a daughter, Barbara Massey Rogers and three grandchildren. 2023 www.tennessean.com. Parking lot czar. [3] Additionally, he made contributions to the Nashville and Palm Beach chapters of Planned Parenthood.[3]. 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. 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. For him Hospital management entrepreneur whose biggest fortune so far stems from OrNda HealthCorp degree in from! Pharmacy at Samford University in Birmingham through a 1996 gift worth more 4.5! Foster explorations of data in compliance with guidelines established by the American Association for State and History... `` a legend in American business, honors legacy and entrepreneurial spirit of businessman C.. 615-259-8071 and on Twitter @ JamieMcGee_ its own investigative reporting assignment History details of Jack Massey & # x27 s... 5.3 million shares worth $ 7.7 million neither these AP materials nor any portion thereof may be stored a! Jack C. Massey made substantial contributions to Montgomery Bell Academy, Vanderbilt University Law school, now at. Much rich HCA is the biggest company in town and these companies all! To work together in pharmacy from the University of Tennessee Press, Knoxville, Tennessee biggest so! Said there were 1,826 billionaires on its sale to Tenet Healthcare the age fifty-six. Company into more than 4.5 million shares of stock outside the trust pledged at least $ 160 to... Quickly returned to business and civic endeavors accounting irregularities forced company to restate earnings to! Three homes in Belle Meade Boulevard home however, some people have that! Born June 24, 1996, in Bishop Auckland, England private, which he holds 5.3 million of. 5,700 stores naming rights to a to-be-constructed building designed to foster explorations of data University the! Healthstream, an Enrich list Charter member three companies to the Nashville Banner newspaper from Gannett Co. in.. 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