Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. [1] He graduated with a degree in pharmacy from the University of Florida. University Marketing and [email protected], 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. He was the first American businessman to take three different companies public. [8] He later married Alyne Queener. Functionality and information are in compliance with guidelines established by the American Association for State and Local History for online state and regional encyclopedias. Jack has amassed a sizable fortune thanks to his numerous YouTube accounts and the thousands of people who follow each of them. Earned $1.6 million in salary and bonus from Dollar General in 2001. All Rights Reserved. Oak Hill home worth roughly $2.3 million. [6] The company became the nation's largest chain of for-profit hospitals and Massey left active management in 1978. He was the one who had the vision for this school, and I wanted to support what he was doing.. Jack Massey's Net Worth History: Net worth history details of Jack Massey are here. 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. 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. Structural Info Filmography Known for movies Runaway Jury 2003 as Henry Wood Solo Flight: The Genius of Charlie Christian 1992 as Himself 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. The late Jack C. Massey (1904-1990) and his family have collectively been among Belmont Universitys biggest benefactors. Masseys achievements are especially notable when one considers that he was born in virtual poverty in rural Georgia. June 15, 2022. However, his most important contribution to Nashville was probably his role in starting HCA. Co-founded Hospital Corporation of America with his late father and Jack Massey, who earlier made a fortune with Kentucky Fried Chicken. [1][2] He was the first American businessman to take three different companies public. Owns seven of nine buildings on the Franklin town square valued at $5.4 million. He bought Kentucky Fried Chicken Corp., co-founded Hospital Corporation of America and later founded Winners Corp. Barbara Massey Rogers, Masseys daughter, said the donation was made as a way to continue the work her father began at Belmont. Snapchat's other co-founder, 25-year-old Bobby Murphy, had the same net worth as Spiegel. "[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. 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 . She was the first woman to serve on the board of Third National Bank and has served numerous local philanthropic causes locally and nationally. Chairman of the board of Vanderbilt University. 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. Massey, who died in 1990, is the only American to have taken three. Two other just-completed condos valued at $6.5 million total. 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. 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. Led the spinout of HealthTrust Inc. in 1987 and came back as chairman of the merged companies. [3] His alma mater, University of Florida, named the Jack C. Massey Professorship Fund for him. 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. 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. 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. Peggy Hutton of Fridrich & Clark is handling the potential transaction. With the donation from the Jack C. Massey Foundation, Belmonts business college will now be called the Jack C. Massey College of Business. However, some people have estimated that Jack Massey Welsh's net worth might truly be far higher than that. That commitment includes helping build a nationally recognized business school, now known as the Jack C. Massey College of Business. Hospital management entrepreneur whose biggest fortune so far stems from OrNda HealthCorp. [3] Additionally, he made contributions to the Nashville and Palm Beach chapters of Planned Parenthood.[3]. Barbara Massey Rogers,daughter of Jack C. Massey,said, I am humbled and honored that the new building on the Belmont campus will carry the name, Jack C. Massey. [1] He had a daughter, Barbara Massey Rogers and three grandchildren. The donation will allow the school to upgrade classrooms, floors, office space and technology. 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. He also did not get involved in any of the three companies he took to the Big Board until late in life; from 1930 until 1964 he was the owner of a drug store chain and surgical supply business in Nashville. 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. He and fellow YouTuber NoBoom used to co-own the server play.evopvp.net. You have permission to edit this article. The word of God states the importance of building a foundation on the Lord, with Jesus Christ as the chief cornerstone. http://tennesseeencyclopedia.net/entries/jack-c-massey/. [1] Seven years later he sold the company to Heublein for $239 million. [1][3] He then received a pharmacist's license when he was 19 and bought his first drugstore when he was 25. House appraised at $6.8 million before construction was complete. KFC sold to Heublein for $285 million in 1971, netting Jack Massey roughly $100 million the same year he and Alyne Queener were married. 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. My grandfather loved his family, community, city, nation and Belmont. Forbes pegged his worth at roughly $1.5 billion. 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. His mother and father were not so much rich. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. She heads The Massey Foundation here in Nashville and donated funds to Vanderbilt University Law School, whose library is named in her honor. 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. His most important involvement came in the late 1960s with the founding and development of HCA. Developed and sold Brentwood Place Shopping Center, now valued at $24.6 million. Save my name, email, and website in this browser for the next time I comment. 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. The donation which secures the naming rights to a to-be-constructed building designed to foster explorations of data . A new glass-enclosed atrium will be added to the building, and more space will be available for faculty and students to work together. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. Another home on Sturbridge Drive and three condominiums in Naples, Fla., which he buys and sells as a hobby. 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. [1][4] Finally, he listed Volunteer Capital Corporation (a holding company of Wendy's Restaurant fast food franchises) on the New York Stock Exchange. HCA is the biggest company in town and medical services is the biggest industry in town and these companies are all over this place. Massey, who died in 1990 after taking three companies to the New York Stock Exchange, is one of the schools top benefactors. 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. Still controls 17.2 million shares, or 3.5%, of the companys stock worth roughly $865 million. Our College of Business bears his name because he represents an ideal role model for our students. - Age. Benefactor of the McWhorter School of Pharmacy at Samford University in Birmingham through a 1996 gift worth more than $10 million. Anthony Pompliano Net Worth Phone Number, House Address, Wiki, Ashley Massengill Net Worth | Bio, Family, Address, Career, Atlas Monroe Net Worth | Age, Height, Weight, Dating And More, Beyonce S Net Worth Phone Number, House Address, Wiki, Blue Ivy Net Worth Phone Number, House Address, Wiki. 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. Rendering courtesy of Belmont University. The Massey. And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. His net worth rose to $79.2 billion in 2015 from $76 billion last year. [1][4] He founded Massey Surgical Supply in 1930. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. 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. He does, however, have an estimated net worth of $900,000. Owns a Falcon 20-F, 10-passenger jet. Brown Jr., Massey embarked on a rapid expansion program, growing the business to approximately 3,500 franchises and grossing $700 million in annual revenue. To be one of the richest people on Earth, he had to do all these things in his life. 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. 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. 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. Before Fame New facility will house Belmont Data Collaborative, Transformational Innovation Hub, Cone Center for Entrepreneurship and University Welcome Center. Copyright 2023, Chattanooga Times Free Press, Inc. Purchased a Pelican Bay condo in Montenero for $1 million; now selling for $1.8 million. The Nashville billionaire, who started HCA with his father and Jack Massey in 1968, is worth an estimated $7.6 billion. School officials expect construction to begin in May and conclude by fall 2016. We are committed to: relevant, interactive and experiential academic programs. Widow of serial entrepreneur Jack Massey, who died in 1989. 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. Developed Williamson County Shopping Center. Built modern behemoth, Central Parking Corp., through aggressive marketing and some strategic acquisitions. 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. [1] He also had an adopted son Don who pre-deceased him. Before becoming an adult star, Gemma Massey was a dental nurse. 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. Applied part of OrNda proceeds to launch Vanguard Health Systems in 1997 with backing from Morgan Stanley Capital Partners. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. In fourth place was Amancio Ortega, the Spanish co-founder of clothing retail chain Zara, with a net worth of $64.5 billion. 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. Funds from the Massey family also have endowed Belmonts Chair in Entrepreneurship and the Massey Center for Financial Information. Thats whats going to happen in this building, and I think Jack would be so proud of that.. Most of the those on the list were men. 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. Exercises sole or shared control over roughly 48.5 million shares, or 14.6%, of Dollar General stock valued at about $836 million. Reach Jamie McGee at 615-259-8071 and on Twitter @JamieMcGee_. The past year wasnt an especially enriching one for the citys wealthy. This building is going to be the intersection between our campus, our programs, our students and faculty, and the community around us. Your email address will not be published. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. 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. 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. 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. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. Massey gifts also established the Doyle Rogers Distinguished Chair of Law. [1] He was also a donor to the Cheekwood Botanical Garden and Museum of Art and the Tennessee Performing Arts Center in Nashville. 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. On his channel, he uploads videos of himself playing various difficult 'Minecraft levels, accompanied by a running funny commentary. 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. Still later, created Winners Corp. and partnered with Thomas Frist Sr. to develop what is now Loews Vanderbilt Plaza hotel. Before Fame. As a result, his earnings from the channels are difficult to forecast. His gifts have supported Belmonts undergraduate and graduate business programs and built the Massey Business Center and the Massey Performing Arts Center. He was the original president of Nashvilles Baptist Hospital (from 1948 until 1960); founded the venture capital company Massey-Burch Capital Corp. along with his much younger partner Lucius Burch III; and was one of the chief owners of Nashville City Bank, which was taken over by Dominion Bankshares of Roanoke, Va., in 1986. 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 . The 2002 Rich List focuses on the 10 wealthiest people in Middle Tennessee. Ingram Micro shares have risen slightly in price in the meantime. Their combined net worth is, according to Nashville Post estimates, $6.4 billion. 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. 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. Company holdings include Danner-Eller Golf Properties, owner of Hermitage Golf Course, Stonebridge Golf Course (Memphis), and a course in Greenville, S.C.; Fifth Quarter Restaurants; several car dealerships, including stakes in Neill-Sandler Toyota, Buick, Pontiac, GMC Truck, Ford, Lincoln, Mercury, and Toyota dealerships in Murfreesboro, Knoxville and Alcoa; and, according to Hoovers Inc., stakes in salmon farms and eucalyptus tree farms in South America. 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. Required fields are marked *. 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. 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. 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. Her modeling career was . His first wife, Elizabeth Polak Massey, died in 1968. On board at Vanderbilt Medical Center and a newly named Fisk University trustee, Cal recently donated $5 million to Martin Methodist College. Added together, they were worth a combined $7.05 trillion, up from $6.4 trillion last year. Jack Massey is an actor, known for Runaway Jury (2003) and Solo Flight: The Genius of Charlie Christian (1992). [9] His obituary in The Palm Beach Daily News called him "a legend in American business. Contacted by NashvillePost.com, Hutton adamantly denied that the house had already been listed but said, Im having some very private conversations about it.. Massey Welsh was born on June 24, 1996, in Bishop Auckland, England. Chairman of venture capital firm Clayton Associates. From a chain of six drugstores, he founded Massey Surgical Supply in 1930. The process of selling the house appears to be very private, which is often the case with homes in that price range. For the 2002 Rich List, the Post has focused in on Nashvilles 10 wealthiest residents. Firm is located in a $12.3 million Franklin office campus in which McWhorter is a major investor. [1][4], Massey acquired Kentucky Fried Chicken from its founder, Harland Sanders, for $2 million in 1964. 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. Director of Weyerhauser and AmSouth, retiring from Baxter International board in May. Since then has donated or pledged at least $160 million to nonprofits. 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. Jack Carroll Massey (June 15, 1904 February 15, 1990) was an American venture capitalist and entrepreneur who owned Kentucky Fried Chicken, co-founded the Hospital Corporation of America, and owned one of the largest franchisees of Wendy's. In 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. Also an investor in upscale Naples, Fla., condominium development, where he bought a unit for $1 million in Montenero at Pelican Bay resort. Restaurant Properties. He had topped the list in 2013. Same number of shares were valued at $1.1 billion in April 2001, before accounting irregularities forced company to restate earnings. Cal has sole ownership of about 5.9 million shares, while brother Steve owns 2.3 million shares. In addition, Massey made substantial contributions to Montgomery Bell Academy, Vanderbilt University Law School, and Cheekwood. When was Jack Massey Welsh born? 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 late Jack C. Massey (1904-1990) and his family have collectively been among Belmont University's biggest benefactors. Through Inman & Richey Co., built and owns the Bank of America building in Maryland Farms valued at $3.9 million. He is best known for being a YouTuber. 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 . Jack Masseys leadership and support was pivotal to Belmonts growth, transformation and impact. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. The latter two properties have a combined market value of $5 million. Now, his example will be integral to the vision of Belmont University moving forward. [1][4] He built the store into a pharmacy chain, selling it six years later. Alyne Masseys finances managed by Frank Bumstead. This closer look reveals some things people already know: everyone is still rich. Shares in those companies worth $22 million. 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. 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