[3] His alma mater, University of Florida, named the Jack C. Massey Professorship Fund for him. Most of the those on the list were men. Reach Jamie McGee at 615-259-8071 and on Twitter @JamieMcGee_. Owns 8.33% stake in Renaissance Hotel and Towers in downtown Nashville. When was Jack Massey Welsh born? On board at Vanderbilt Medical Center and a newly named Fisk University trustee, Cal recently donated $5 million to Martin Methodist College. She was the first woman to serve on the board of Third National Bank and has served numerous local philanthropic causes locally and nationally. [9] His obituary in The Palm Beach Daily News called him "a legend in American business. Your email address will not be published. That commitment includes helping build a nationally recognized business school, now known as the Jack C. Massey College of Business. In 1982, Forbes estimated his net worth at $100 million. He was originally known for his Minecraft-centric content. In Nashville, Cal and wife Margaret own several Brentwood properties worth about $9.8 million. The Masseys married in 1971. Generally though, ferreting out the information to estimate a private citizens net worth isnt an easy task. Other tech billionaire newcomers were two co-founders of taxi-ordering app Uber and one of its executives. [1] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. 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. 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. He was the one who had the vision for this school, and I wanted to support what he was doing.. Widow of serial entrepreneur Jack Massey, who died in 1989. His net worth rose to $79.2 billion in 2015 from $76 billion last year. Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. Vanguards annual revenue run-rate now approaching $1 billion and operating cash flow nearing $100 million. Jack has amassed a sizable fortune thanks to his numerous YouTube accounts and the thousands of people who follow each of them. To be honest, it was a really hard way to walk. Now people from all walks of life have started evaluating his merits. Masseys birthday is being recognized at the Jack C. Massey Graduate School of Business at Belmont University. 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. Structural Info. 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. Earned $1.6 million in salary and bonus from Dollar General in 2001. Jack Massey's Net Worth History: Net worth history details of Jack Massey are here. Both of Frists brothers, U.S. Sen. Bill Frist and Robert Frist Sr., are physicians. 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. In fact, determining an estimate for each individual is its own investigative reporting assignment. 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. 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. 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. Forbes said there were 1,826 billionaires on its list this year, up from 1,645 in 2014. Another home on Sturbridge Drive and three condominiums in Naples, Fla., which he buys and sells as a hobby. A native of Charleston, S.C., and graduate of Vassar, was married to the late Bronson Ingram. Spends much of her time on philanthropic pursuits, especially arts and education. Retired this year after leading major restructuring effort through Medicare billing fraud investigation. Chairman of Ingram Industries, which includes Ingram Book, Ingram Barge, Ingram Marine and Ingram Insurance (Permanent General non-standard auto insurer). He retired briefly at the age of fifty-six but quickly returned to business and civic endeavors. The process of selling the house appears to be very private, which is often the case with homes in that price range. Two other just-completed condos valued at $6.5 million total. 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. Three co-founders of Airbnb, the vacation-home rental website, also made the list. His mother and father were not so much rich. She. He currently resides in England, United Kingdom. We are committed to: relevant, interactive and experiential academic programs. On each of the channels, he has a varying number of followers. Same number of shares were valued at $1.1 billion in April 2001, before accounting irregularities forced company to restate earnings. You have permission to edit this article. 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. 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. Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired Memphis beer distributor, not included. 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. Donation secures naming rights for new campus facility, honors legacy and entrepreneurial spirit of businessman Jack C. Massey. 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 Nashville billionaire, who started HCA with his father and Jack Massey in 1968, is worth an estimated $7.6 billion. Purchased a Pelican Bay condo in Montenero for $1 million; now selling for $1.8 million. 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. 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. 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 . 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. 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. Still controls 17.2 million shares, or 3.5%, of the companys stock worth roughly $865 million. It reveals some things people might not fully appreciate: Marthas money is Nashvilles culture. Massey gifts also established the Doyle Rogers Distinguished Chair of Law. Company encompasses more than 1.5 million parking spots worldwide, making it the largest publicly traded owner-operator of parking lots in the world. 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 . This closer look reveals some things people already know: everyone is still rich. Online Edition 2002 ~ 2021, The University of Tennessee Press, Knoxville, Tennessee. [3] Additionally, he made contributions to the Nashville and Palm Beach chapters of Planned Parenthood.[3]. 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. Daughter Trisha and husband Chuck Elcan are putting up part of the $40 million needed for planned Ensworth high school. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. The donation which secures the naming rights to a to-be-constructed building designed to foster explorations of data . 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. Rendering courtesy of Belmont University. Owns personal plane. 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. [1] He graduated with a degree in pharmacy from the University of Florida. Benefactor of the McWhorter School of Pharmacy at Samford University in Birmingham through a 1996 gift worth more than $10 million. For more on Martha Ingram, see companion story, An Enrich List Charter Member.. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. 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 . 248 from 156 on the 2017 list with a net worth of $3.1 billion attributed by Forbes to new information released during . Jack Dempsey /AP Show More Show Less 5 of 33. . Converted stock and option stake in company into more than $65 million on its sale to Tenet Healthcare. 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. 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. As of 2023, Jack Massey Welsh's net worth is $100,000 - $1M. My grandfather loved his family, community, city, nation and Belmont. 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. [1][4] He founded Massey Surgical Supply in 1930. To be one of the richest people on Earth, he had to do all these things in his life. 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. Still later, created Winners Corp. and partnered with Thomas Frist Sr. to develop what is now Loews Vanderbilt Plaza hotel. Paid $2 million in 1993 for Belle Meade Boulevard home. Site preparation for the new Jack C. Massey Center facility begins this week with plans for a groundbreaking in early 2022. Alyne Masseys finances managed by Frank Bumstead. The 2002 Rich List focuses on the 10 wealthiest people in Middle Tennessee. Snapchat's other co-founder, 25-year-old Bobby Murphy, had the same net worth as Spiegel. 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. June 15, 2022. 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. 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. And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. Oak Hill home worth roughly $2.3 million. Your email address will not be published. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. 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. 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). Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. [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. Contacted by NashvillePost.com, Hutton adamantly denied that the house had already been listed but said, Im having some very private conversations about it.. Barbara Massey Rogers Acceptance Speech on . Structural Info Filmography Known for movies Runaway Jury 2003 as Henry Wood Solo Flight: The Genius of Charlie Christian 1992 as Himself Jack C Massey overall profits are growing every day, and he is also becoming more popular. His net worth rose to $79.2 billion in 2015 from $76 billion last year. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. Before Fame. Massey was born in 1904 in Tennille, Georgia. 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. The house originally featured 58 bedrooms, 33 bathrooms, 12 fireplaces, and three separate bomb shelters. [1], Massey transformed Winners Corporation, one of the largest franchisees of Wendy's hamburger outlets into a major fast-food franchise operation. Beth Poe, Barbara Massey Rogers daughter and Masseys granddaughter, spoke at the ceremony on behalf of her family. 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. 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. A trustee of Vanderbilt University and board member of the Urban Land Institute. Co-founded Hospital Corporation of America with his late father and Jack Massey, who earlier made a fortune with Kentucky Fried Chicken. 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. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. 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 Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. [8] He later married Alyne Queener. 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. The Massey family prays that all who walk through this building continue to be living stones, pointing others to the grace of Jesus.. Their combined net worth is, according to Nashville Post estimates, $6.4 billion. 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. His concentration, dedication, and hard work have assisted him to get this position. Since then has donated or pledged at least $160 million to nonprofits. [7], Massey was a donor to Belmont University, where the Jack C. Massey Graduate School of Business was named in his honor. 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. He uploaded his first video to his JackSucksAtLife channel, "Minecraft 1.5.1 - Jack's Farm Ep.1 Skinny Pete!," on April 4, 2013. 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. Funds from the Massey family also have endowed Belmonts Chair in Entrepreneurship and the Massey Center for Financial Information. "[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. Stepped down from the board in 2000. 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. [1] He had a daughter, Barbara Massey Rogers and three grandchildren. KFC sold to Heublein for $285 million in 1971, netting Jack Massey roughly $100 million the same year he and Alyne Queener were married. Forbes pegged his worth at roughly $1.5 billion. 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. Lucrative business dealings include the purchase of the Nashville Banner newspaper from Gannett Co. in 1979. Her modeling career was . Furthermore, Jack Massey Welsh stands tall with a height 5 Feet 7 Inches tall (1.70 m) and his body weight is 65 kg (143 Pounds). 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. Daughter Julie Stadler owns another $46 million of stock outside the trust. In all, Massey took five different companies public during his business career, which included time spent as a partner in Massey Burch Investments. Also a big Easter Seals supporter. Built modern behemoth, Central Parking Corp., through aggressive marketing and some strategic acquisitions. 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. House appraised at $6.8 million before construction was complete. 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. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. Next is investor Warren Buffett, who moved up one slot this year with a net worth of $72.7 billion. Up part of the Nashville billionaire, who moved up one slot this after. Creator known for the Minecraft-centric channel Jack Sucks at life, where he has a worth! Preparation for the new Jack C. Massey Center facility begins this week plans! 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