My grandfather loved his family, community, city, nation and Belmont. Current net worth is $1,572,900, while in 2021 Jack had a net worth of $1,399,881. He is 26 years old as of June 2022. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. Firm is located in a $12.3 million Franklin office campus in which McWhorter is a major investor. Paid $2 million in 1993 for Belle Meade Boulevard home. The Jack C Massey Foundation is a private foundation that is located in Brentwood, TN. And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. 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. 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 is best known for being a YouTuber. [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. Martins 9.2% stake could be worth $75 million to $95 million in an initial public offering, which is likely within the year. Built modern behemoth, Central Parking Corp., through aggressive marketing and some strategic acquisitions. Advertisements. His most important involvement came in the late 1960s with the founding and development of HCA. School officials expect construction to begin in May and conclude by fall 2016. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. June 15, 2022. For more detail on the Frist home, see companion story, The House that Frist Built.. All Rights Reserved. Withdrew $140 million of capital from Shoneys in 1988, after building chain to more than 1,300 stores. This building is going to be the intersection between our campus, our programs, our students and faculty, and the community around us. 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. [3] Additionally, he made contributions to the Nashville and Palm Beach chapters of Planned Parenthood.[3]. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. Massey was born in 1904 in Tennille, Georgia. In addition, Massey made substantial contributions to Montgomery Bell Academy, Vanderbilt University Law School, and Cheekwood. [1] Seven years later he sold the company to Heublein for $239 million. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. The Nashville billionaire, who started HCA with his father and Jack Massey in 1968, is worth an estimated $7.6 billion. 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. 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. Chief executive and owner of conglomerate The Danner Company, based on International Plaza near Nashville International Airport. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. He does, however, have an estimated net worth of $900,000. You have permission to edit this article. Barbara Massey Rogers Acceptance Speech on . The Nashville Health Care Council, a Chamber of Commerce-related organization, today estimates that there are 300 health care companies in Nashville that operated on a multi-state level or larger. 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. [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. Donation secures naming rights for new campus facility, honors legacy and entrepreneurial spirit of businessman Jack C. Massey. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the worlds 168th richest person. 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. Led the spinout of HealthTrust Inc. in 1987 and came back as chairman of the merged companies. Copyright 2020 - 2023 by FamedBorn.com. Stepped down from the board in 2000. Gave $25 million for Frist Center for the Visual Arts and another $5 million to Nashville Zoo. In 2020, Jack was estimated to have a net worth of $1,245,894. For more on Martha Ingram, see companion story, An Enrich List Charter Member.. Largest shareholder of Ingram Micro, California-based software distributor, though share price remains stuck near the low end of its $10 to $54 historic price range. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. 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. Massey, who died in 1990 after taking three companies to the New York Stock Exchange, is one of the schools top benefactors. Spearheaded the fundraising effortand primed the money pump with $20 million himselffor the new facility at Vanderbilt Childrens Hospital, which bears his name. Massey, who died in 1990, is the only American to have taken three separate companies to the New York Stock Exchange (Hospital Corporation of America, Kentucky Fried Chicken and Winners Corp.). 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. 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.). In fourth place was Amancio Ortega, the Spanish co-founder of clothing retail chain Zara, with a net worth of $64.5 billion. As a result, his earnings from the channels are difficult to forecast. Jack Massey Welsh was born on the 24th of June, 1996. Jack Dempsey /AP Show More Show Less 5 of 33. . Next is investor Warren Buffett, who moved up one slot this year with a net worth of $72.7 billion. Jack Massey's Net Worth History: Net worth history details of Jack Massey are here. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. 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.. 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. You have permission to edit this article. 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. Owns a Falcon 20-F, 10-passenger jet. His gifts have supported Belmonts undergraduate and graduate business programs and built the Massey Business Center and the Massey Performing Arts Center. 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. 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). 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. Reach Jamie McGee at 615-259-8071 and on Twitter @JamieMcGee_. Plans for the building include incorporating technology to help share the Jack C. Massey story to inspire students, guests and future leaders across every potential field of study. He currently resides in England, United Kingdom. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. 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. 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. KFC sold to Heublein for $285 million in 1971, netting Jack Massey roughly $100 million the same year he and Alyne Queener were married. Your email address will not be published. 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 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. When was Jack Massey Welsh born? | 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. Net worth well down from four years ago, when Central Parking stock was priced above $50. Added together, they were worth a combined $7.05 trillion, up from $6.4 trillion last year. The donation will allow the school to upgrade classrooms, floors, office space and technology. A family partnership involving Cal paid more than $2.7 million in 98 to acquire an additional 210 acres in Williamson County. [8] He later married Alyne Queener. The home sits on a nearly four-acre estate. 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. House appraised at $6.8 million before construction was complete. DETAILS BELOW Jack Massey Welsh (born June 24, 1996) is famous for being youtuber. 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. The house originally featured 58 bedrooms, 33 bathrooms, 12 fireplaces, and three separate bomb shelters. 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. 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. His concentration, dedication, and hard work have assisted him to get this position. The donation which secures the naming rights to a to-be-constructed building designed to foster explorations of data . 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. Same number of shares were valued at $1.1 billion in April 2001, before accounting irregularities forced company to restate earnings. I am grateful to Barbara, the Massey Foundation and the entire family for their vision and generosity in bringing this new facility to life.. Spends much of her time on philanthropic pursuits, especially arts and education. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. Other tech billionaire newcomers were two co-founders of taxi-ordering app Uber and one of its executives. 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. 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. [1] He had a daughter, Barbara Massey Rogers and three grandchildren. Lucrative business dealings include the purchase of the Nashville Banner newspaper from Gannett Co. in 1979. Chief Executive of Dollar General since 77 and chairman since 89. - Age. Now, his example will be integral to the vision of Belmont University moving forward. 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. The Masseys married in 1971. He would be very excited about the prospect of this great, new building and the future opportunities it will bring to Belmont, she said. Contact | Privacy Statement | Terms & Conditions. Beth Poe, Barbara Massey Rogers daughter and Masseys granddaughter, spoke at the ceremony on behalf of her family. Sold it back to them in 1998, reportedly clearing $25 million. Converted stock and option stake in company into more than $65 million on its sale to Tenet Healthcare. Jack has amassed a sizable fortune thanks to his numerous YouTube accounts and the thousands of people who follow each of them. Well more than $100 million in real estate, and I dont owe anybody anything, he says. 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. A trustee of Vanderbilt University and board member of the Urban Land Institute. 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. 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. Rendering courtesy of Belmont University. The late Jack C. Massey (1904-1990) and his family have collectively been among one of Belmonts biggest benefactors, supporting Belmonts efforts for decades and providing incredible examples for students across campus. He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. Also instrumental in the formation of the new John Paul II Catholic High School in Hendersonville. 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. She. 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.. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. [6] The company became the nation's largest chain of for-profit hospitals and Massey left active management in 1978. 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. 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. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. 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. Also a longtime board member of Thomas Nelson Inc., in which he holds a $2.3 million stake. To be one of the richest people on Earth, he had to do all these things in his life. Applied part of OrNda proceeds to launch Vanguard Health Systems in 1997 with backing from Morgan Stanley Capital Partners. Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). His mother and father were not so much rich. She was the first woman to serve on the board of Third National Bank and has served numerous local philanthropic causes locally and nationally. Ingram Micro shares have risen slightly in price in the meantime. Owns seven of nine buildings on the Franklin town square valued at $5.4 million. 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. Previously was president of HealthTrust, an executive vice president with Hospital Corporation of America and a director of General Care Corp. Says all his money tied up in Franklin Financial or real estate. 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. Owns 8.33% stake in Renaissance Hotel and Towers in downtown Nashville. But there were 197 women, up from 172 a year ago. The co-founder of Microsoft Corp. has topped the list for 16 of the last 21 years. [1][2] He was the first American businessman to take three different companies public. Founder of Franklin Financial Corp. Controls more than 4.5 million shares of stock worth $111 million. 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 . The process of selling the house appears to be very private, which is often the case with homes in that price range. The latter two properties have a combined market value of $5 million. 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. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. 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. 2023 www.tennessean.com. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. All rights reserved. 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. Still controls 17.2 million shares, or 3.5%, of the companys stock worth roughly $865 million. Structural Info Filmography Known for movies Runaway Jury 2003 as Henry Wood Solo Flight: The Genius of Charlie Christian 1992 as Himself He was the one who had the vision for this school, and I wanted to support what he was doing..