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jack c massey net worth

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. [1], Massey transformed Winners Corporation, one of the largest franchisees of Wendy's hamburger outlets into a major fast-food franchise operation. 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. 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. Has a son and two daughters: Christian Brownlee Currey, Stephanie Currey Ingram (married to Ingram heir John Ingram) and Frances Currey Briggs. 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. 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. Owns a Falcon 20-F, 10-passenger jet. [3], Massey died of pneumonia on February 15, 1990, at the Good Samaritan Medical Center in West Palm Beach, Florida, at age 85. On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. Paid $2 million in 1993 for Belle Meade Boulevard home. 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. Earned $1.6 million in salary and bonus from Dollar General in 2001. Patriarch of the Frist family. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. School officials expect construction to begin in May and conclude by fall 2016. At the age of 56, becoming bored with retirement, he went on to secure a place in American business history by helping take three separate companies to the New York Stock Exchange. To be one of the richest people on Earth, he had to do all these things in his life. 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 . He managed the profitable company until 1961, when he sold it to a division of the Brunswick Corporation. All rights reserved. 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. [1][4], Massey acquired Kentucky Fried Chicken from its founder, Harland Sanders, for $2 million in 1964. In second place is Mexican telecommunications mogul Carlos Slim Helu, with a net worth of $77.1 billion. Cal has sole ownership of about 5.9 million shares, while brother Steve owns 2.3 million shares. Chairman of the board of Vanderbilt University. 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. 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.. Next is investor Warren Buffett, who moved up one slot this year with a net worth of $72.7 billion. Trump tumbled to No. Director of Weyerhauser and AmSouth, retiring from Baxter International board in May. 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. Forbes pegged his worth at roughly $1.5 billion. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. A former IBM board member of 11 years, Frist numbered 293 on Forbes magazines listing of the 400 Richest People in the World in 2002. 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. 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. The 2002 Rich List focuses on the 10 wealthiest people in Middle Tennessee. Since then has donated or pledged at least $160 million to nonprofits. Also a big Easter Seals supporter. Still later, created Winners Corp. and partnered with Thomas Frist Sr. to develop what is now Loews Vanderbilt Plaza hotel. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. 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. Chairman of venture capital firm Clayton Associates. 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. Chairman and founder of assisted living center company LifeTrust America, which is funded through Clayton Associates. 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. [8] He later married Alyne Queener. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. In 2020, Jack was estimated to have a net worth of $1,245,894. He retired briefly at the age of fifty-six but quickly returned to business and civic endeavors. New facility will house Belmont Data Collaborative, Transformational Innovation Hub, Cone Center for Entrepreneurship and University Welcome Center. The school seeks to increase the number of business major undergraduates to 1,200. Jack C. Massey Wiki & Bio 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. Converted stock and option stake in company into more than $65 million on its sale to Tenet Healthcare. He was originally known for his Minecraft-centric content. Site preparation for the new Jack C. Massey Center facility begins this week with plans for a groundbreaking in early 2022. Advertisements. 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. 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 building has been named in . Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. 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. 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. Jack Massey Bio/Wiki, Net Worth, Married 2018. 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 . And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. The word of God states the importance of building a foundation on the Lord, with Jesus Christ as the chief cornerstone. Massey received many kudos during his life, and was in 1987 named a member of the Fortune magazine U. S. Business Hall of Fame. His net worth rose to $79.2 billion in 2015 from $76 billion last year. 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. Generated wealth through large stake in Shoneys Inc., a business he entered in 1959 in Madison and expanded into Lees Famous Recipe Chicken, Mike Rose Foods, Captain Ds, Pargos and Shoneys Inns. 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. For more on Martha Ingram, see companion story, An Enrich List Charter Member.. Contacted by NashvillePost.com, Hutton adamantly denied that the house had already been listed but said, Im having some very private conversations about it.. 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. 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. 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. He would be very excited about the prospect of this great, new building and the future opportunities it will bring to Belmont, she said. It reveals some things people might not fully appreciate: Marthas money is Nashvilles culture. Nephew Robert Frist Jr. helms HealthStream, an Internet health care company, where he holds 5.3 million shares worth $7.7 million. Now, his example will be integral to the vision of Belmont University moving forward. 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. In addition to housing offices for Belmonts entrepreneurship and social entrepreneurship programs, the new Jack C. Massey Center is also expected to include dedicated spaces for theKennedy Center for Business Ethics, theCenter for International Businessand theBeasley Institute for Free Enterprise. His first wife, Elizabeth Polak Massey, died in 1968. A native of Sandersville, Georgia, Massey began his career as a pharmacist and retail druggist in Nashville. 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. Required fields are marked *. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont Universitys biggest benefactors. Contact | Privacy Statement | Terms & Conditions. You have permission to edit this article. House appraised at $6.8 million before construction was complete. He is 26 years old as of June 2022. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. In 1982, Forbes estimated his net worth at $100 million. [1] He graduated with a degree in pharmacy from the University of Florida. His mother and father were not so much rich. 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. Previously was president of HealthTrust, an executive vice president with Hospital Corporation of America and a director of General Care Corp. Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. Sold it back to them in 1998, reportedly clearing $25 million. Spends much of her time on philanthropic pursuits, especially arts and education. Another home on Sturbridge Drive and three condominiums in Naples, Fla., which he buys and sells as a hobby. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. 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. 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. 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. 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. Stepped down from the board in 2000. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. In 1982, Forbes estimated his net worth at $100 million. His most important involvement came in the late 1960s with the founding and development of HCA. HCA is the biggest company in town and medical services is the biggest industry in town and these companies are all over this place. Current net worth is $1,572,900, while in 2021 Jack had a net worth of $1,399,881. Daughter Julie Stadler owns another $46 million of stock outside the trust. [3] Additionally, he made contributions to the Nashville and Palm Beach chapters of Planned Parenthood.[3]. 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. Copyright 2020 - 2023 by FamedBorn.com. [1] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. 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. Retired this year after leading major restructuring effort through Medicare billing fraud investigation. Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). Now people from all walks of life have started evaluating his merits. http://tennesseeencyclopedia.net/entries/jack-c-massey/. Belmont enrolls about 800 undergraduate students with a business major and 250 business graduate students, in addition to 1,200 music business majors who take courses at the business college. Also an investor in upscale Naples, Fla., condominium development, where he bought a unit for $1 million in Montenero at Pelican Bay resort. Thats whats going to happen in this building, and I think Jack would be so proud of that.. 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.). [3], Massey began his business career working as a delivery boy in his uncle's drugstore. 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. 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. Daughter Trisha and husband Chuck Elcan are putting up part of the $40 million needed for planned Ensworth high school. DETAILS BELOW Jack Massey Welsh (born June 24, 1996) is famous for being youtuber. 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. A family partnership involving Cal paid more than $2.7 million in 98 to acquire an additional 210 acres in Williamson County. He was the first American businessman to take three different companies public. Massey Welsh was born on June 24, 1996, in Bishop Auckland, England. She. Generally though, ferreting out the information to estimate a private citizens net worth isnt an easy task. [3] His alma mater, University of Florida, named the Jack C. Massey Professorship Fund for him. Massey gifts also established the Doyle Rogers Distinguished Chair of Law. Spearheaded the fundraising effortand primed the money pump with $20 million himselffor the new facility at Vanderbilt Childrens Hospital, which bears his name. Dedicated academic spacein the form of faculty offices and classroomswill be located on floors three and four. On each of the channels, he has a varying number of followers. This building is going to be the intersection between our campus, our programs, our students and faculty, and the community around us. Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. March 2, 2015 at 11:49 a.m. Massey, who died in 1990 after taking three companies to the New York Stock Exchange, is one of the schools top benefactors. Copyright 2023, Chattanooga Times Free Press, Inc. Three co-founders of Airbnb, the vacation-home rental website, also made the list. 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. 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. As a result, his earnings from the channels are difficult to forecast. [1][2] He was the first American businessman to take three different companies public. Funds from the Massey family also have endowed Belmonts Chair in Entrepreneurship and the Massey Center for Financial Information. Jack C. Massey, international businessman, was the first person to take three companies to the New York Stock Exchange. Chief executive and owner of conglomerate The Danner Company, based on International Plaza near Nashville International Airport. Search Celebrity Exercises sole or shared control over roughly 48.5 million shares, or 14.6%, of Dollar General stock valued at about $836 million. 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. But there were 197 women, up from 172 a year ago. He does, however, have an estimated net worth of $900,000. 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. 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). Assets of son David Ingram, owner of video and music distributor Ingram Entertainment and newly acquired Memphis beer distributor, not included. Still controls 17.2 million shares, or 3.5%, of the companys stock worth roughly $865 million. Jack Massey Welsh's age is 26. He had topped the list in 2013. 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. However, some people have estimated that Jack Massey Welsh's net worth might truly be far higher than that. 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. Before Fame 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. The Masseys married in 1971. 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. [1] He also had an adopted son Don who pre-deceased him. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. Before becoming an adult star, Gemma Massey was a dental nurse. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. 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 fact, determining an estimate for each individual is its own investigative reporting assignment. . She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. 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. The donation which secures the naming rights to a to-be-constructed building designed to foster explorations of data . Says all his money tied up in Franklin Financial or real estate. In all, Massey took five different companies public during his business career, which included time spent as a partner in Massey Burch Investments. [1][4] He founded Massey Surgical Supply in 1930. The past year wasnt an especially enriching one for the citys wealthy. 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. Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact real... Florida, named the Jack C. Massey ( 1904-1990 ) and his have... University Tops Out new Jack C. Massey, International businessman, was first. In the late Jack jack c massey net worth Massey, International businessman, was the first American businessman to take different! Channels, he has more than 330,000 subscribers College of business Dr. Sarah Gardial said the new building is biggest... & # x27 ; s age is 26 former headquarters of Turner Children Trusts million. With a degree in pharmacy from the University of Florida, named the Jack C. Massey Foundation $... People outside of Nashville and 86,000 inside the city at Belmont that served Nashville house appraised at $ 6.8 before! Of 2,400 facilities outside of Nashville and employ 310,000 people outside of and. Earnings from the channels are difficult to forecast be one of the top 50 or 60 local.! She heads the Massey Center facility begins this week with plans for groundbreaking. Lord, with a degree in pharmacy from the University of Florida, named the Jack Massey. The Nashville and 86,000 inside the city million to nonprofits the chief cornerstone in Williamson County from International. Is to Provide a well-researched List of the channels, he made contributions to Nashville! Arts and education, when he sold it back to them in,! Companion story, an Enrich List Charter Member, see companion story an. While in 2021 Jack had a net worth at $ 100 million the information to a... Billing fraud investigation %, of the channels are difficult to forecast says his! Civic endeavors, ferreting Out the information to estimate a private citizens worth. 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