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.). Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. And it provides a rare glimpse of an intensely private foray into homebuilding by Thomas Frist Jr. 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.). 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. His most important involvement came in the late 1960s with the founding and development of HCA. All rights reserved. Copyright 2020 - 2023 by FamedBorn.com. Same number of shares were valued at $1.1 billion in April 2001, before accounting irregularities forced company to restate earnings. [5] He sold it to the A.S. Aloe division of the Brunswick Corporation for $1 million. Funds from the Massey family also have endowed Belmonts Chair in Entrepreneurship and the Massey Center for Financial Information. The donation which secures the naming rights to a to-be-constructed building designed to foster explorations of data . He uploaded his first video to his JackSucksAtLife channel, "Minecraft 1.5.1 - Jack's Farm Ep.1 Skinny Pete!," on April 4, 2013. Family has substantial real estate holdings in Allen County, Ky., Dollar Generals former headquarters. Jack Massey Welsh has an estimated net worth of about $791.31 thousand. Before Fame He does, however, have an estimated net worth of $900,000. Forbes said Bill Gates remained the richest person in the world. Developed and sold Brentwood Place Shopping Center, now valued at $24.6 million. The co-founder of Microsoft Corp. has topped the list for 16 of the last 21 years. 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. Chairman of venture capital firm Clayton Associates. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. Oak Hill home worth roughly $2.3 million. 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. Daughter Julie Stadler owns another $46 million of stock outside the trust. Now, his example will be integral to the vision of Belmont University moving forward. [8] He later married Alyne Queener. The school seeks to increase the number of business major undergraduates to 1,200. [1][2] He was the first American businessman to take three different companies public. Trump tumbled to No. Controls more than 40% of Central Parking shares, worth more than $350 million, including shares held in his childrens trust. The structure, which will be located between the campus Baskin Center and Johnson Center on 15thAvenue, is estimated to be complete by fall 2023. In 1982, Forbes estimated his net worth at $100 million. A native of Charleston, S.C., and graduate of Vassar, was married to the late Bronson Ingram. Online Edition 2002 ~ 2021, The University of Tennessee Press, Knoxville, Tennessee. He currently resides in England, United Kingdom. But fortunes are changingeven the large onesand given the extent to which these fortunes shape the lives of those of us unlikely to ever be on such a list, they merit close scrutiny. Owns and leases most real estate Franklin National Bank utilizes. All rights reserved. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. Net Worth 2019 The estimated net worth of youtuber is Jack Massey USD$ 50,000. Since then has donated or pledged at least $160 million to nonprofits. [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. The latter two properties have a combined market value of $5 million. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. Our College of Business bears his name because he represents an ideal role model for our students. His net worth rose to $79.2 billion in 2015 from $76 billion last year. 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. Ms. Massey, a Columbia, Tenn. native and former society writer in Nashville, also owns homes in Palm Beach, Fla. and The Hamptons. Beth Poe, Barbara Massey Rogers daughter and Masseys granddaughter, spoke at the ceremony on behalf of her family. Jack has amassed a sizable fortune thanks to his numerous YouTube accounts and the thousands of people who follow each of them. Previously was president of HealthTrust, an executive vice president with Hospital Corporation of America and a director of General Care Corp. 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. 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. Jack Massey's Net Worth History: Net worth history details of Jack Massey are here. Withdrew $140 million of capital from Shoneys in 1988, after building chain to more than 1,300 stores. Before Fame. The. [4], Massey was the founder of the Saint Thomas - Midtown Hospital in Nashville. Pair serves as co-trustees of Turner Children Trusts 31.6 million shares. Thats whats going to happen in this building, and I think Jack would be so proud of that.. 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. The donationwhich secures the naming rights to a to-be-constructed building designed to foster explorations of data, discovery and designcontinues a longstanding tradition of generous support of Belmont by the Massey family while honoring the legacy of one of the greatest entrepreneurs and businessmen in American history. 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. For people like Inman, much of whose wealth is tied up in publicly traded stocks and real estate, its not too difficult to gain a reasonable approximation of net worth using publicly available documents. 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. Family & Early Life The USA is where Jack C Massey was born. 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. Spearheaded the fundraising effortand primed the money pump with $20 million himselffor the new facility at Vanderbilt Childrens Hospital, which bears his name. At 73, Curreys investment portfolio is still weighted with American Express stock, though he has donated or sold chunks over the years to support many philanthropic endeavors (Montgomery Bell Academys Currey Gymnasium, Vanderbilts Brownlee O. Currey Jr. Tennis Center, and most recently, the Currey Ingram Academy in Williamson County). 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. 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. 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. 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. That equals more than two-thirds the money collected annually from Tennessee taxpayers. The building has been named in . 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. [3], Massey began his business career working as a delivery boy in his uncle's drugstore. [5], In 1968, Massey co-founded Hospital Corporation of America with Thomas F. Frist Sr. and Thomas F. Frist Jr.[1] in Nashville, Tennessee. 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. Estimated net worth of $2.4 billion by Forbes magazine in its February 2002 issue, which ranked her the world's 168th richest person. YouTube content creator known for the Minecraft-centric channel Jack Sucks At Life, where he has more than 330,000 subscribers. 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 . 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. Jordan had a net worth of $1 billion, the magazine said. Vanguards annual revenue run-rate now approaching $1 billion and operating cash flow nearing $100 million. Brown Jr., Massey embarked on a rapid expansion program, growing the business to approximately 3,500 franchises and grossing $700 million in annual revenue. Net worth well down from four years ago, when Central Parking stock was priced above $50. 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. [1][4] Finally, he listed Volunteer Capital Corporation (a holding company of Wendy's Restaurant fast food franchises) on the New York Stock Exchange. 100th anniversary of the birth of Nashville's most accomplished entrepreneur, Jack C. Massey Graduate School of Business at Belmont University, Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. The six-story building will serve multiple functions with the first and second floors designed to welcome campus visitors, prospective students and families while also providing space for the Universitys Career & Professional Development team and GPS office. [9] His obituary in The Palm Beach Daily News called him "a legend in American business. Jack C Massey overall profits are growing every day, and he is also becoming more popular. The process of selling the house appears to be very private, which is often the case with homes in that price range. The Masseys married in 1971. 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. Gemma Massey net worth: Gemma Massey is a retired British adult model who has a net worth of $4 million. . 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. Martins 9.2% stake could be worth $75 million to $95 million in an initial public offering, which is likely within the year. She. [1][2] He also supported Vanderbilt University and the Montgomery Bell Academy in Nashville. 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. 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. Peggy Hutton of Fridrich & Clark is handling the potential transaction. Shares in those companies worth $22 million. 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. House appraised at $6.8 million before construction was complete. He and fellow YouTuber NoBoom used to co-own the server play.evopvp.net. Advertisements. 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. 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. 2023 www.tennessean.com. On board at Vanderbilt Medical Center and a newly named Fisk University trustee, Cal recently donated $5 million to Martin Methodist College. However, his most important contribution to Nashville was probably his role in starting HCA. Jack C. Massey, arguably the most remarkable businessman in Nashville history, would have been 100 years old today. The house originally featured 58 bedrooms, 33 bathrooms, 12 fireplaces, and three separate bomb shelters. Contact | Privacy Statement | Terms & Conditions. 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. Has a son and two daughters: Christian Brownlee Currey, Stephanie Currey Ingram (married to Ingram heir John Ingram) and Frances Currey Briggs. This building is going to be the intersection between our campus, our programs, our students and faculty, and the community around us. New facility will house Belmont Data Collaborative, Transformational Innovation Hub, Cone Center for Entrepreneurship and University Welcome Center. 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). When was Jack Massey Welsh born? Belmont University College of Business Administration, Your California Privacy Rights / Privacy Policy. Chairman and founder of assisted living center company LifeTrust America, which is funded through Clayton Associates. 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. 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. The Jack C Massey Foundation is a private foundation that is located in Brentwood, TN. HCA is the biggest company in town and medical services is the biggest industry in town and these companies are all over this place. Required fields are marked *. The 2002 Rich List focuses on the 10 wealthiest people in Middle Tennessee. That put him at the top of the magazine's list of the world's billionaires for the second consecutive year. [1] He had a daughter, Barbara Massey Rogers and three grandchildren. 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. Stepped down from the board in 2000. Daughter Trisha and husband Chuck Elcan are putting up part of the $40 million needed for planned Ensworth high school. [1][2][4] With John Y. Led the spinout of HealthTrust Inc. in 1987 and came back as chairman of the merged companies. 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. To be honest, it was a really hard way to walk. She spent a reported $5 million creating the mansion, which would equal roughly $160 million adjusted for 2020 inflation. [5] His funeral was held at the Immanuel Baptist Church in Belle Meade, and he was buried in the Mount Olivet Cemetery in Nashville. Reach Jamie McGee at 615-259-8071 and on Twitter @JamieMcGee_. 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. She was the first woman to serve on the board of Third National Bank and has served numerous local philanthropic causes locally and nationally. Jack Massey's granddaughter Beth Poe speaks during the Topping Out ceremony. Massey died in 1990 at his winter home in Palm Beach, Florida. Owns the River Circle Farm in Williamson County, so named because the 300-plus-acre property wraps around the Harpeth River. All Rights Reserved. [1][3] He then received a pharmacist's license when he was 19 and bought his first drugstore when he was 25. For more detail on the Frist home, see companion story, The House that Frist Built.. 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. In 2020, Jack was estimated to have a net worth of $1,245,894. Chief executive and owner of conglomerate The Danner Company, based on International Plaza near Nashville International Airport. [1][4] He built the store into a pharmacy chain, selling it six years later. With wife Patricia, owns more than 60 acres and three homes in Belle Meade worth roughly $23 million. 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. Massey was one of four people who founded HCA the other three being Dr. Thomas Frist Sr. (now deceased); Dr. Thomas Frist Jr. (now chairman of the HCA board); and Henry Hooker (who left HCA in 1969, a year after it was founded). 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. Structural Info Filmography Known for movies Runaway Jury 2003 as Henry Wood Solo Flight: The Genius of Charlie Christian 1992 as Himself Firm is located in a $12.3 million Franklin office campus in which McWhorter is a major investor. Rendering courtesy of Belmont University. 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. 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. 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. 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. Barbara Massey Rogers, Jack C. Massey Foundation Provide $15 Million Gift to Belmont University Tops Out New Jack C. Massey Center. Along with wife Agneta, owns three other homes in Manhattan, Southhampton and the Wellington area of West Palm Beach. 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. [1] He also had an adopted son Don who pre-deceased him. Shugga Hi owner sues for right to buy property eyed for ER, TriStar Health proposing East Nashville emergency department. Now people from all walks of life have started evaluating his merits. Donation secures naming rights for new campus facility, honors legacy and entrepreneurial spirit of businessman Jack C. Massey. In 1982, Forbes estimated his net worth at $100 million. Jack Dempsey /AP Show More Show Less 5 of 33. . 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. 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. Structural Info. Friends say house is worth $15 million, including antique furnishings. The foundation does not have any program activities and made $1,509,033 in annual grants last year. [1][4], Massey acquired Kentucky Fried Chicken from its founder, Harland Sanders, for $2 million in 1964. His concentration, dedication, and hard work have assisted him to get this position. Mr. Massey stepped up to support Belmont at a critical juncture in the life of this institution more than five decades ago. Rounding out the top five was Larry Ellison, founder of technology company Oracle Corp., with $54.3 billion. Alyne Masseys finances managed by Frank Bumstead. 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